NASDAQ:ATROAstronics Stock Price, Forecast & News

Astronics' stock was trading at $16.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ATRO shares have decreased by 36.9% and is now trading at $10.37. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Astronics.

Astronics is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Astronics.

Astronics Co. (NASDAQ:ATRO) issued its quarterly earnings results on Wednesday, May, 6th. The aerospace company reported ($2.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $2.10. The aerospace company had revenue of $157.58 million for the quarter, compared to analysts' expectations of $129.52 million. Astronics had a positive return on equity of 3.49% and a negative net margin of 12.89%. View Astronics' earnings history.

Astronics issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $502.256-540.891 million, compared to the consensus revenue estimate of $506.02 million.

3 analysts have issued 12-month target prices for Astronics' stock. Their forecasts range from $6.00 to $38.00. On average, they expect Astronics' stock price to reach $18.00 in the next year. This suggests a possible upside of 73.6% from the stock's current price. View analysts' price targets for Astronics.

News articles about ATRO stock have been trending negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Astronics earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Astronics.

Astronics saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 921,400 shares, an increase of 9.1% from the June 15th total of 844,500 shares. Based on an average daily trading volume, of 510,700 shares, the days-to-cover ratio is presently 1.8 days. Approximately 4.0% of the shares of the stock are sold short. View Astronics' Current Options Chain.

Some companies that are related to Astronics include Honeywell International (HON), Boeing (BA), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Hexcel (HXL), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Spirit AeroSystems (SPR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Weyerhaeuser (WY), Skyworks Solutions (SWKS), Verizon Communications (VZ), AbbVie (ABBV), AeroVironment (AVAV), Cisco Systems (CSCO), Las Vegas Sands (LVS), Domtar (UFS), Exxon Mobil (XOM) and Broadcom (AVGO).

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

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

One share of ATRO stock can currently be purchased for approximately $10.37.

Astronics has a market capitalization of $318.88 million and generates $772.70 million in revenue each year. The aerospace company earns $52.02 million in net income (profit) each year or $0.91 on an earnings per share basis. Astronics employs 2,800 workers across the globe.

The official website for Astronics is www.astronics.com.

Astronics' mailing address is 130 COMMERCE WAY, EAST AURORA NY, 14052. The aerospace company can be reached via phone at 716-805-1599 or via email at [email protected]