NASDAQ:ATRO - Astronics Stock Price, Price Target & More

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$38.96 +0.49 (+1.27 %)
(As of 07/19/2018 02:05 AM ET)
Previous Close$38.47
Today's Range$37.98 - $38.99
52-Week Range$23.95 - $49.45
Volume41,500 shs
Average Volume120,612 shs
Market Capitalization$1.07 billion
P/E Ratio30.62
Dividend YieldN/A
Beta1.58
Astronics logoAstronics 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. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers; and aircraft operators, such as airlines and branches of the U.S. Department of Defense, as well as the Federal Aviation Administration and airport operators. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the semiconductor, aerospace, communications, and weapons test systems, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company also provides cabin management and in-flight entertainment systems for a range of aircraft, as well as design consultancy services for the aerospace industry. Astronics Corporation was founded in 1968 and is headquartered in East Aurora, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Aircraft parts & equipment, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNASDAQ:ATRO
CUSIP04643310
Phone716-805-1599

Debt

Debt-to-Equity Ratio0.81
Current Ratio2.86
Quick Ratio1.55

Price-To-Earnings

Trailing P/E Ratio30.62
Forward P/E Ratio26.68
P/E Growth2.62

Sales & Book Value

Annual Sales$624.46 million
Price / Sales1.75
Cash Flow$2.3232 per share
Price / Cash16.77
Book Value$11.78 per share
Price / Book3.31

Profitability

EPS (Most Recent Fiscal Year)$1.25
Net Income$19.67 million
Net Margins1.75%
Return on Equity8.43%
Return on Assets4.12%

Miscellaneous

Employees2,500
Outstanding Shares28,070,000
Market Cap$1,073.49

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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 has authorized a share repurchase plan on Monday, December 18th 2017, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) issued its earnings results on Wednesday, May, 9th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.20. The aerospace company had revenue of $179.06 million for the quarter, compared to analysts' expectations of $182.24 million. Astronics had a return on equity of 8.43% and a net margin of 1.75%. The company's revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.38 earnings per share. View Astronics' Earnings History.

When is Astronics' next earnings date?

Astronics is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Astronics.

What price target have analysts set for ATRO?

3 equities research analysts have issued twelve-month price objectives for Astronics' shares. Their forecasts range from $39.00 to $45.00. On average, they anticipate Astronics' share price to reach $41.6667 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Ratings 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Astronics stock?

Here are some recent quotes from research analysts about Astronics stock:
  • 1. According to Zacks Investment Research, "Astronics Corporation is a manufacturer of specialized lighting and electronics for the cockpit, cabin and exteriors of military, commercial transport and private business jet aircraft. A major lighting and electronics supplier to the aircraft industry, its strategy is to expand from a components and subsystems supplier to an aircraft lighting systems integrator, increasing the value and content it provides to various aircraft platforms. Luminescent Systems Inc. is Astronics' primary operating subsidiary which produces its aerospace and defense products. " (5/11/2018)
  • 2. Canaccord Genuity analysts commented, "We continue to like ATRO for the potential 2018 upside, and we are maintaining our BUY rating and $40 price target." (11/7/2017)

Who are some of Astronics' key competitors?

Who are Astronics' key executives?

Astronics' management team includes the folowing people:
  • Mr. Peter J. Gundermann, Pres, CEO & Director (Age 55)
  • Mr. David C. Burney, Exec. VP of Fin., CFO & Sec. (Age 55)
  • Mr. James S. Kramer, Exec. VP (Age 54)
  • Mr. Mark A. Peabody, Exec. VP (Age 59)
  • Mr. James F. Mulato, Pres of Astronics Test Systems Inc (Age 57)

Has Astronics been receiving favorable news coverage?

Media headlines about ATRO stock have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Astronics earned a news sentiment score of 0.17 on Accern's scale. They also assigned news stories about the aerospace company an impact score of 43.46 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Astronics' major shareholders?

Astronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.40%), Mesirow Financial Investment Management Inc. (0.03%) and Bank of Montreal Can (0.01%). Company insiders that own Astronics stock include John B Drenning, Mark Peabody, Peter J Gundermann and Robert J Mckenna. View Institutional Ownership Trends for Astronics.

Which major investors are buying Astronics stock?

ATRO stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bank of Montreal Can and Mesirow Financial Investment Management Inc.. View Insider Buying and Selling for Astronics.

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, Scottrade, Fidelity and Charles Schwab.

What is Astronics' stock price today?

One share of ATRO stock can currently be purchased for approximately $38.96.

How big of a company is Astronics?

Astronics has a market capitalization of $1.07 billion and generates $624.46 million in revenue each year. The aerospace company earns $19.67 million in net income (profit) each year or $1.25 on an earnings per share basis. Astronics employs 2,500 workers across the globe.

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  267 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  462
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.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

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