Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, electronics, and semiconductor industries worldwide. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems; electrical power generation, distribution, and motions systems; aircraft structures; avionics products; system certification; and connectivity and other products.
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Industry, Sector and Symbol
Industry Aircraft parts & equipment, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorAerospace
Phone716-805-1599
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$803.26 million
Profitability
Miscellaneous
Employees2,700
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable
Astronics (NASDAQ:ATRO) Frequently Asked Questions
What is Astronics' stock symbol?
Astronics trades on the NASDAQ under the ticker symbol "ATRO."
How will Astronics' stock buyback program work?
Astronics announced that its Board of Directors has initiated a stock buyback program on Monday, December 18th 2017, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Astronics' earnings last quarter?
Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings data on Monday, August, 5th. The aerospace company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.16. The aerospace company had revenue of $189.10 million for the quarter, compared to analysts' expectations of $188.80 million. Astronics had a return on equity of 12.24% and a net margin of 14.07%. The business's revenue was down 9.3% compared to the same quarter last year. During the same period last year, the firm posted $0.49 EPS. View Astronics' Earnings History.
When is Astronics' next earnings date?
What guidance has Astronics issued on next quarter's earnings?
Astronics updated its FY 2019 earnings guidance on Monday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $740-775 million.
What price target have analysts set for ATRO?
3 brokers have issued 12-month price objectives for Astronics' stock. Their predictions range from $26.00 to $42.00. On average, they anticipate Astronics' stock price to reach $36.00 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View Analyst Price Targets for Astronics.
What is the consensus analysts' recommendation for Astronics?
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 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astronics.
Has Astronics been receiving favorable news coverage?
News headlines about ATRO stock have trended somewhat positive this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Astronics earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news articles about the aerospace company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Astronics.
Are investors shorting Astronics?
Astronics saw a increase in short interest in September. As of September 30th, there was short interest totalling 947,800 shares, an increase of 25.5% from the August 30th total of 755,200 shares. Based on an average trading volume of 311,600 shares, the days-to-cover ratio is currently 3.0 days. Currently, 3.9% of the shares of the stock are sold short. View Astronics' Current Options Chain.
Who are some of Astronics' key competitors?
What other stocks do shareholders of Astronics own?
Who are Astronics' key executives?
Astronics' management team includes the folowing people:
- Mr. Peter J. Gundermann, Pres, CEO & Director (Age 56)
- Mr. David C. Burney, Exec. VP of Fin., CFO & Sec. (Age 56)
- Mr. James S. Kramer, Exec. VP (Age 55)
- Mr. Mark A. Peabody, Exec. VP (Age 60)
- Mr. James F. Mulato, Pres of Astronics Test Systems Inc (Age 58)
Who are Astronics' major shareholders?
Astronics' stock is owned by many different of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.63%), Roubaix Capital LLC (0.39%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Astronics stock include David C Burney, James S Kramer, Mark Peabody, Nancy L Hedges, Peter J Gundermann and Robert J Mckenna. View Institutional Ownership Trends for Astronics.
Which institutional investors are selling Astronics stock?
ATRO stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc.. Company insiders that have sold Astronics company stock in the last year include David C Burney, James S Kramer and Mark Peabody. View Insider Buying and Selling for Astronics.
Which institutional investors are buying Astronics stock?
How do I buy shares of Astronics?
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.
What is Astronics' stock price today?
One share of ATRO stock can currently be purchased for approximately $29.43.
How big of a company is Astronics?
Astronics has a market capitalization of $961.48 million and generates $803.26 million in revenue each year. The aerospace company earns $46.80 million in net income (profit) each year or $1.41 on an earnings per share basis. Astronics employs 2,700 workers across the globe.View Additional Information About Astronics.
What is Astronics' official website?
How can I contact Astronics?
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]
MarketBeat Community Rating for Astronics (NASDAQ ATRO)
MarketBeat's community ratings are surveys of what our community members think about Astronics and other stocks. Vote "Outperform" if you believe ATRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
