AstroNova (NASDAQ:ALOT) Upgraded to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded AstroNova (NASDAQ:ALOT) to a Buy, but Weiss Ratings reaffirmed a Sell and MarketBeat shows a consensus rating of Sell, signaling divergent analyst views.
• In the latest quarter AstroNova missed EPS (reported ($0.04) vs. consensus $0.04) yet beat revenue ($37.54M vs. $29.19M), while profitability remains weak with a negative net margin and a negative P/E of -43.55.
• The stock opened at $13.50 and trades in a one‑year range of $6.96–$14.26 with a market cap of about $104M; institutional investors own roughly 43% of shares after recent stake increases by Vanguard, Diamond Hill and others.

AstroNova (NASDAQ:ALOT - Get Free Report) was upgraded by equities research analysts at Wall Street Zen to a "buy" rating in a report released on Saturday.

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of AstroNova in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, AstroNova currently has a consensus rating of "Sell".

AstroNova Trading Down 0.7%

NASDAQ:ALOT opened at $13.50 on Friday. AstroNova has a 1 year low of $6.96 and a 1 year high of $14.26. The stock has a market cap of $103.82 million, a price-to-earnings ratio of -43.55 and a beta of 0.95. The business has a fifty day moving average of $10.37 and a 200-day moving average of $9.34. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.72 and a current ratio of 1.84.

AstroNova (NASDAQ:ALOT - Get Free Report) last released its quarterly earnings results on Monday, April 13th. The business services provider reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.08). AstroNova had a positive return on equity of 1.53% and a negative net margin of 1.58%.The business had revenue of $37.54 million during the quarter, compared to the consensus estimate of $29.19 million.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Mink Brook Asset Management LLC boosted its stake in AstroNova by 0.4% during the third quarter. Mink Brook Asset Management LLC now owns 380,861 shares of the business services provider's stock valued at $3,900,000 after buying an additional 1,500 shares in the last quarter. Vanguard Group Inc. boosted its stake in 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 buying an additional 9,533 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its stake in AstroNova by 10.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 140,739 shares of the business services provider's stock valued at $1,441,000 after buying an additional 12,992 shares in the last quarter. Peapod Lane Capital LLC boosted its stake in AstroNova by 6.1% during the third quarter. Peapod Lane Capital LLC now owns 130,361 shares of the business services provider's stock valued at $1,335,000 after buying an additional 7,517 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in AstroNova by 1.2% during the fourth quarter. Renaissance Technologies LLC now owns 103,749 shares of the business services provider's stock valued at $897,000 after buying an additional 1,207 shares in the last quarter. Institutional investors own 43.02% of the company's stock.

About AstroNova

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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