AstroNova (NASDAQ:ALOT) Posts Earnings Results, Misses Estimates By $0.08 EPS

Key Points

• AstroNova reported quarterly EPS of -$0.04, missing the consensus of $0.04 by $0.08 and recording a negative net margin of 11.20%.
• Shares opened at $11.72 with a market capitalization of about $89.5 million and a negative P/E of -5.26, trading in a 52-week range of $6.96–$12.68.
• Analysts have an average rating of Sell (Weiss Ratings reiterated a "sell (d)"), while institutional investors hold roughly 43% of the stock and Vanguard recently increased its stake.

AstroNova (NASDAQ:ALOT - Get Free Report) released its quarterly earnings results on Monday. The business services provider reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.08), Zacks reports. AstroNova had a negative net margin of 11.20% and a positive return on equity of 2.48%.

AstroNova Stock Performance

Shares of ALOT stock opened at $11.72 on Tuesday. The company has a market capitalization of $89.54 million, a price-to-earnings ratio of -5.26 and a beta of 0.65. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.71 and a current ratio of 1.82. AstroNova has a one year low of $6.96 and a one year high of $12.68. The company's 50-day moving average is $9.31 and its 200 day moving average is $9.03.

Institutional Trading of AstroNova

A number of institutional investors and hedge funds have recently modified their holdings of the business. DRW Securities LLC purchased a new stake in shares of AstroNova during the fourth quarter valued at $125,000. Susquehanna International Group LLP purchased a new stake in shares of AstroNova during the 3rd quarter valued at about $143,000. Jane Street Group LLC bought a new stake in shares of AstroNova in the second quarter worth approximately $140,000. Vanguard Group Inc. raised its holdings in shares of AstroNova by 2.8% during the third quarter. Vanguard Group Inc. now owns 352,131 shares of the business services provider's stock valued at $3,606,000 after purchasing an additional 9,533 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in AstroNova by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 80,663 shares of the business services provider's stock worth $698,000 after purchasing an additional 2,179 shares during the last quarter. Institutional investors own 43.02% of the company's stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of AstroNova in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of "Sell".

AstroNova Company Profile

AstroNova, Inc is a global provider of precision graphic communications equipment and identification solutions. The company operates two primary business segments: the NovaTech division, which designs and manufactures high‐speed data acquisition, recording and analysis systems for industrial, power generation, oil and gas, aerospace and defense markets; and the AstroNova division, which offers digital color label printing and packaging solutions under brands such as QuickLabel and RTag. These products are engineered to support mission‐critical applications that require reliable data capture or product identification across complex supply chains.

Headquartered in West Warwick, Rhode Island, AstroNova traces its heritage to the development of ruggedized oscillographs and recording instruments for industrial clients.

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