S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
NASDAQ:ATRO

Astronics (ATRO) Stock Forecast, Price & News

$16.94
+0.97 (+6.07%)
(As of 06/2/2023 ET)
Compare
Today's Range
$16.26
$16.95
50-Day Range
$13.06
$17.31
52-Week Range
$7.46
$17.58
Volume
96,955 shs
Average Volume
142,400 shs
Market Capitalization
$549.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.00

Astronics MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.5% Downside
$15.00 Price Target
Short Interest
Healthy
0.92% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-4.35
Upright™ Environmental Score
News Sentiment
0.54mentions of Astronics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.10) to $0.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.34 out of 5 stars

Aerospace Sector

42nd out of 45 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

6th out of 7 stocks


ATRO stock logo

About Astronics (NASDAQ:ATRO) Stock

Astronics Corp. engages in the provision of electrical power generation and distribution systems. It includes motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems. It operates through the Aerospace and Test Systems segments. The Aerospace segment designs and manufactures products for the global aerospace industry. The Test Systems segment designs, develops, manufactures and maintains communications and weapons test systems and training and simulation devices for military applications. The firm's products and solutions include Aircraft Data Systems, Aircraft Electrical Power Systems, Airfield Lighting, Custom Design & Manufacturing, Emergency Systems, Enhanced Vision Systems, IFC Antennas and Radome Systems, Inflight Entertainment System Hardware, Interiors & Structures, Lighting Systems, Seat Actuation Systems, Simulation & Training, Systems Certification, Test & Measurement and VIP IFEC & CMS Systems. The company was founded on December 5th, 1968 and is headquartered in East Aurora, NY.

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ATRO Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
StockNews.com Upgrades Astronics (NASDAQ:ATRO) to Buy
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Astronics (ATRO) to Release Quarterly Earnings on Tuesday
Astronics (NASDAQ:ATRO) Sets New 1-Year High at $16.00
Q4 2022 Astronics Corp Earnings Call
Astronics Rallies As Prel. Q4 Sales Above Guidance
Why Astronics Shares Are Trading Higher Today
See More Headlines

ATRO Price History

ATRO Company Calendar

Last Earnings
11/08/2021
Today
6/03/2023
Next Earnings (Estimated)
8/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
Aerospace & Defense
Sector
Aerospace
Current Symbol
NASDAQ:ATRO
CUSIP
04643310
CIK
8063
Employees
2,400
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$15.00
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
-11.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-35,750,000.00
Pretax Margin
-6.60%

Debt

Sales & Book Value

Annual Sales
$534.89 million
Book Value
$7.36 per share

Miscellaneous

Free Float
28,935,000
Market Cap
$549.87 million
Optionable
Not Optionable
Beta
1.56

Social Links


Key Executives

  • Peter J. Gundermann
    Chairman, President & Chief Executive Officer
  • David Charles Burney
    Chief Financial Officer & Treasurer
  • James S. Kramer
    Executive Vice President
  • Mark A. Peabody
    Executive Vice President
  • Michael C. Kuehn
    Executive Vice President













ATRO Stock - Frequently Asked Questions

Should I buy or sell Astronics stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ATRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ATRO, but not buy additional shares or sell existing shares.
View ATRO analyst ratings
or view top-rated stocks.

What is Astronics' stock price forecast for 2023?

1 brokers have issued 12 month price targets for Astronics' stock. Their ATRO share price forecasts range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 11.5%.
View analysts price targets for ATRO
or view top-rated stocks among Wall Street analysts.

How have ATRO shares performed in 2023?

Astronics' stock was trading at $10.30 at the beginning of 2023. Since then, ATRO stock has increased by 64.5% and is now trading at $16.94.
View the best growth stocks for 2023 here
.

Are investors shorting Astronics?

Astronics saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 298,800 shares, a decline of 22.6% from the April 30th total of 386,100 shares. Based on an average daily trading volume, of 163,900 shares, the days-to-cover ratio is currently 1.8 days.
View Astronics' Short Interest
.

When is Astronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our ATRO earnings forecast
.

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) issued its quarterly earnings data on Monday, November, 8th. The aerospace company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by $0.07. The aerospace company earned $111.84 million during the quarter, compared to analyst estimates of $112.60 million. Astronics had a negative trailing twelve-month return on equity of 15.34% and a negative net margin of 6.44%. During the same quarter last year, the firm posted ($0.17) earnings per share.

What ETFs hold Astronics' stock?

ETFs with the largest weight of Astronics (NASDAQ:ATRO) stock in their portfolio include Invesco Nasdaq Future Gen 200 ETF (QQQS), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC),

What guidance has Astronics issued on next quarter's earnings?

Astronics updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $165.00 million-$175.00 million, compared to the consensus revenue estimate of $157.52 million.

What is Peter J. Gundermann's approval rating as Astronics' CEO?

63 employees have rated Astronics Chief Executive Officer Peter J. Gundermann on Glassdoor.com. Peter J. Gundermann has an approval rating of 60% among the company's employees. This puts Peter J. Gundermann in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Astronics to a friend.

What other stocks do shareholders of Astronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Skyworks Solutions (SWKS), Cisco Systems (CSCO), AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), Weyerhaeuser (WY), Exxon Mobil (XOM), Broadcom (AVGO), Caterpillar (CAT) and Intuitive Surgical (ISRG).

What is Astronics' stock symbol?

Astronics trades on the NASDAQ under the ticker symbol "ATRO."

Who are Astronics' major shareholders?

Astronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Next Century Growth Investors LLC (7.29%), BlackRock Inc. (5.49%), ACK Asset Management LLC (3.93%), Royce & Associates LP (3.29%), Dimensional Fund Advisors LP (2.96%) and Bares Capital Management Inc. (2.83%). Insiders that own company stock include Nancy L Hedges and Warren C Johnson.
View institutional ownership trends
.

How do I buy shares of Astronics?

Shares of ATRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Astronics' stock price today?

One share of ATRO stock can currently be purchased for approximately $16.94.

How much money does Astronics make?

Astronics (NASDAQ:ATRO) has a market capitalization of $549.87 million and generates $534.89 million in revenue each year. The aerospace company earns $-35,750,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis.

How many employees does Astronics have?

The company employs 2,400 workers across the globe.

Does Astronics have any subsidiaries?
The following companies are subsidiares of Astronics: AeroSat Corporation, Alliance Technology HK Limited, Armstrong Aerospace, Armstrong Aerospace Inc., Astronics Advanced Electronic Systems, Astronics Advanced Electronic Systems Corp., Astronics AeroSat Corporation, Astronics Air II LLC, Astronics Air LLC, Astronics Connectivity Systems & Certification Ukraine, Astronics Connectivity Systems and Certification Corp., Astronics Custom Controls Concepts Inc., Astronics DME LLC, Astronics France, Astronics Test Systems Inc., Ballard Technology, Ballard Technology Inc., Custom Control Concepts, DME Corporation, Diagnosys (Customer Support) Inc., Diagnosys (Pinpoint) Inc., Diagnosys Electronics (I) Private Limited, Diagnosys Ferndown Limited, Diagnosys GmbH, Diagnosys Holdings Inc., Diagnosys Inc., Diagnosys Systems Inc., Diagnosys Test Systems, Freedom Communication Technologies, Freedom Communication Technologies Inc., General Dynamics - Airborne Electronic Systems, Huizhou Telefonix Co. Ltd., LSI - Europe B.V.B.A., Luminescent Systems Canada Inc., Luminescent Systems Inc., Max-Viz, PECO, PGA ELECTRONIC, PGA Electronic s.a., Peco Inc., and Telefonix.
Read More
How can I contact Astronics?

Astronics' mailing address is 130 COMMERCE WAY, EAST AURORA NY, 14052. The official website for the company is www.astronics.com. The aerospace company can be reached via phone at (716) 805-1599, via email at invest@astronics.com, or via fax at 716-655-0309.

This page (NASDAQ:ATRO) was last updated on 6/3/2023 by MarketBeat.com Staff

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