Equities Analysts Issue Forecasts for Astronics Q3 Earnings

Key Points

• KeyCorp expects Astronics to report $0.76 in Q3 2026 EPS, while forecasting $0.79 for Q4, $2.73 for FY2026 and $3.15 for FY2027. The firm maintains a “Sector Weight” rating.
• Astronics’ latest quarter exceeded expectations, with EPS of $0.70 versus a $0.59 consensus and revenue of $259.96 million, up 46.9% year over year.
• Analyst sentiment remains generally positive, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $89.58, despite some recent downgrades and TD Cowen lowering its target to $90.

Astronics Corporation (NASDAQ:ATRO - Free Report) - Research analysts at KeyCorp issued their Q3 2026 earnings per share estimates for Astronics in a research note issued on Thursday, October 22nd. KeyCorp analyst M. Leshock anticipates that the aerospace company will post earnings per share of $0.76 for the quarter. KeyCorp has a "Sector Weight" rating on the stock. The consensus estimate for Astronics' current full-year earnings is $2.72 per share. KeyCorp also issued estimates for Astronics' Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $2.73 EPS and FY2027 earnings at $3.15 EPS.

Astronics (NASDAQ:ATRO - Get Free Report) last announced its earnings results on Tuesday, August 11th. The aerospace company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.11. Astronics had a return on equity of 67.69% and a net margin of 8.40%. The business had revenue of $259.96 million during the quarter, compared to the consensus estimate of $245.30 million. Astronics's revenue was up 46.9% on a year-over-year basis.

A number of other equities analysts have also recently weighed in on ATRO. Wall Street Zen upgraded shares of Astronics from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 16th. Weiss Ratings downgraded shares of Astronics from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, October 8th. TD Cowen reiterated a "buy" rating and issued a $90.00 target price (down from $100.00) on shares of Astronics in a research report on Friday, October 9th. Finally, Zacks Research lowered shares of Astronics from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 7th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Astronics currently has a consensus rating of "Moderate Buy" and an average price target of $89.58.

Astronics Price Performance

Astronics stock opened at $57.89 on Monday. The company's fifty day moving average price is $70.09 and its 200 day moving average price is $70.46. Astronics has a 1 year low of $34.58 and a 1 year high of $94.46. The stock has a market capitalization of $2.49 billion, a P/E ratio of 34.05 and a beta of 1.25. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.63 and a current ratio of 2.97.

Institutional Trading of Astronics

Several large investors have recently made changes to their positions in ATRO. Fifth Third Bancorp raised its stake in Astronics by 877.2% in the 1st quarter. Fifth Third Bancorp now owns 557 shares of the aerospace company's stock valued at $37,000 after purchasing an additional 500 shares during the last quarter. Optiver Holding B.V. boosted its stake in Astronics by 3,921.4% during the 1st quarter. Optiver Holding B.V. now owns 563 shares of the aerospace company's stock worth $38,000 after purchasing an additional 549 shares during the last quarter. Nykredit A S purchased a new stake in shares of Astronics during the second quarter worth $40,000. Allworth Financial LP purchased a new stake in shares of Astronics during the second quarter worth $46,000. Finally, KBC Group NV purchased a new stake in shares of Astronics during the first quarter worth $56,000. 56.68% of the stock is currently owned by hedge funds and other institutional investors.

About Astronics

Astronics Corporation is a aerospace and defense company that designs and manufactures advanced technologies for commercial, military and business aircraft. Its products and systems are used by original equipment manufacturers, airlines, aircraft operators and defense contractors.

The company's offerings include aircraft electrical power systems, lighting and cabin-management systems, connectivity and inflight entertainment equipment, avionics and specialized aerospace components. Astronics also develops automated test systems and related equipment used to test and support electronic systems in the aerospace, defense and other high-technology industries.

Founded in 1968 and headquartered in East Aurora, New York, Astronics serves customers in the United States and international markets through its manufacturing and engineering operations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.