AstroNova (NASDAQ:ALOT) Releases Earnings Results

Key Points

• AstroNova reported a quarterly earnings loss of ($0.04) per share, with a negative net margin of 10.28% but a positive return on equity of 2.21%.
• The company's stock opened at $11.36, reflecting a decline of 0.4%, and has a market cap of $86.30 million.
• Director Mitchell I. Quain purchased 10,000 shares at an average price of $9.05, increasing his ownership by 11.40% and highlighting insider confidence in the stock.

AstroNova (NASDAQ:ALOT - Get Free Report) posted its earnings results on Tuesday. The business services provider reported ($0.04) earnings per share for the quarter, Zacks reports. The business had revenue of $36.10 million for the quarter. AstroNova had a positive return on equity of 1.09% and a negative net margin of 11.20%. AstroNova updated its FY 2026 guidance to EPS.

AstroNova Stock Performance

NASDAQ ALOT traded down $0.25 on Thursday, reaching $10.12. The stock had a trading volume of 51,305 shares, compared to its average volume of 11,525. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.71 and a quick ratio of 0.61. The firm has a fifty day moving average of $11.27 and a two-hundred day moving average of $10.00. AstroNova has a 1-year low of $7.53 and a 1-year high of $17.24. The company has a market cap of $77.32 million, a P/E ratio of -4.50 and a beta of 0.84.

Insider Buying and Selling

In other news, Director Mitchell I. Quain acquired 10,000 shares of the firm's stock in a transaction on Tuesday, June 17th. The shares were purchased at an average cost of $9.05 per share, with a total value of $90,500.00. Following the acquisition, the director directly owned 97,719 shares in the company, valued at $884,356.95. This represents a 11.40% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 17.70% of the stock is currently owned by corporate insiders.

Institutional Trading of AstroNova

An institutional investor recently raised its position in AstroNova stock. Geode Capital Management LLC grew its stake in shares of AstroNova, Inc. (NASDAQ:ALOT - Free Report) by 1.4% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 74,138 shares of the business services provider's stock after acquiring an additional 1,036 shares during the quarter. Geode Capital Management LLC owned about 0.98% of AstroNova worth $859,000 as of its most recent SEC filing. 43.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on AstroNova in a report on Tuesday, May 20th. They set a "buy" rating on the stock.

AstroNova Company Profile

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).