NASDAQ:ATRO - Astronics Stock Price, News, & Analysis

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$32.2350 -0.19 (-0.59 %)
(As of 03/19/2019 12:55 PM ET)
Previous Close$32.42
Today's Range$32.13 - $32.65
52-Week Range$27.56 - $46.56
Volume40,818 shs
Average Volume195,364 shs
Market Capitalization$1.05 billion
P/E Ratio22.86
Dividend YieldN/A
Beta1.84
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. 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

Industry Aircraft parts & equipment, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorAerospace
Current SymbolNASDAQ:ATRO
CUSIP04643310
CIK8063
Phone716-805-1599

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$803.26 million
Cash Flow$2.6038 per share
Book Value$11.86 per share

Profitability

Net Income$46.80 million

Miscellaneous

Employees2,700
Market Cap$1.05 billion
Next Earnings Date5/8/2019 (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 has authorized a stock repurchase program on Monday, December 18th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings data on Thursday, February, 21st. The aerospace company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.03. The aerospace company had revenue of $202.92 million for the quarter, compared to analyst estimates of $195.09 million. Astronics had a return on equity of 12.95% and a net margin of 5.83%. The company's quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.18) EPS. View Astronics' Earnings History.

When is Astronics' next earnings date?

Astronics is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Astronics.

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

Astronics issued an update on its FY 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $760-805 million, compared to the consensus revenue estimate of $827.51 million.

What price target have analysts set for ATRO?

1 equities research analysts have issued 12 month price objectives for Astronics' stock. Their forecasts range from $38.00 to $38.00. On average, they expect Astronics' stock price to reach $38.00 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for Astronics.

What is the consensus analysts' recommendation for Astronics?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last year. There are currently 1 hold rating 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 negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Astronics earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the next several days.

Who are some of Astronics' key competitors?

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), Constellation Brands (STZ), Ctrip.Com International (CTRP), Cisco Systems (CSCO), Weyerhaeuser (WY), NXP Semiconductors (NXPI), Broadcom (AVGO), Baidu (BIDU), Nike (NKE) and Exxon Mobil (XOM).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.10%), FMR LLC (6.99%), Dimensional Fund Advisors LP (3.24%), Dimensional Fund Advisors LP (3.24%), Geode Capital Management LLC (1.13%) and Geode Capital Management LLC (1.13%). Company insiders that own Astronics stock include James S Kramer, Mark Peabody, Peter J Gundermann and Robert J Mckenna. View Institutional Ownership Trends for Astronics.

Which major investors are selling Astronics stock?

ATRO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Paradice Investment Management LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, California Public Employees Retirement System, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Victory Capital Management Inc. and MetLife Investment Advisors LLC. Company insiders that have sold Astronics company stock in the last year include James S Kramer, Mark Peabody and Peter J Gundermann. View Insider Buying and Selling for Astronics.

Which major investors are buying Astronics stock?

ATRO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Millennium Management LLC, Reinhart Partners Inc., Geode Capital Management LLC, Geode Capital Management LLC, Mondrian Investment Partners LTD and Intrinsic Edge Capital Management LLC. 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 $32.2350.

How big of a company is Astronics?

Astronics has a market capitalization of $1.05 billion 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.

What is Astronics' official website?

The official website for Astronics is http://www.astronics.com.

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:  2.7 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  575
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 3/19/2019 by MarketBeat.com Staff

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