AstroNova (NASDAQ:ALOT) Posts Quarterly 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) announced its earnings results on Tuesday. The business services provider reported ($0.04) EPS for the quarter, Zacks reports. The company 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 $0.10 during trading on Friday, reaching $10.02. The company's stock had a trading volume of 23,842 shares, compared to its average volume of 14,045. The company has a current ratio of 1.71, a quick ratio of 0.61 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $76.51 million, a price-to-earnings ratio of -4.45 and a beta of 0.84. AstroNova has a 12 month low of $7.53 and a 12 month high of $17.24. The firm has a 50 day moving average price of $11.23 and a 200 day moving average price of $9.98.

Insider Transactions at AstroNova

In other AstroNova news, Director Mitchell I. Quain acquired 10,000 shares of the business's stock in a transaction on Tuesday, June 17th. The stock was purchased at an average price of $9.05 per share, with a total value of $90,500.00. Following the acquisition, the director directly owned 97,719 shares of the company's stock, valued at approximately $884,356.95. This trade represents a 11.40% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 17.70% of the stock is owned by corporate insiders.

Institutional Trading of AstroNova

An institutional investor recently bought a new position in AstroNova stock. Jane Street Group LLC acquired a new stake in AstroNova, Inc. (NASDAQ:ALOT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 12,042 shares of the business services provider's stock, valued at approximately $140,000. Jane Street Group LLC owned 0.16% of AstroNova as of its most recent SEC filing. 43.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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).