Should I buy or sell Astronics stock right now?

1 Wall Street 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 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 target for 2024?

1 Wall Street research analysts have issued 12 month target prices for Astronics' shares. Their ATRO share price targets range from $21.00 to $21.00. On average, they predict the company's share price to reach $21.00 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View analysts price targets for ATRO or view top-rated stocks among Wall Street analysts .

How have ATRO shares performed in 2024?

Astronics' stock was trading at $17.42 on January 1st, 2024. Since then, ATRO stock has decreased by 4.4% and is now trading at $16.66. View the best growth stocks for 2024 here .

Are investors shorting Astronics?

Astronics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 324,300 shares, an increase of 9.0% from the March 15th total of 297,600 shares. Based on an average daily trading volume, of 131,600 shares, the days-to-cover ratio is currently 2.5 days. View Astronics' Short Interest .

When is Astronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ATRO earnings forecast .

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings results on Wednesday, February, 28th. The aerospace company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.08. The aerospace company had revenue of $195.29 million for the quarter, compared to analysts' expectations of $188.35 million. Astronics had a negative trailing twelve-month return on equity of 6.53% and a negative net margin of 3.83%.

What ETFs hold Astronics' stock?

ETFs with the largest weight of Astronics (NASDAQ:ATRO) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD) , AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and SPDR S&P Aerospace & Defense ETF (XAR) . First Trust Indxx Aerospace & Defense ETF (MISL) .

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

Astronics issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $760.0 million-$795.0 million, compared to the consensus revenue estimate of $755.4 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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

NASDAQ:ATRO

Astronics (ATRO) Stock Price, News & Analysis

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$16.66

-0.11 (-0.66%)

(As of 05:11 PM ET)

Compare

Today's Range: $16.53
▼
$16.83
50-Day Range: $16.77
▼
$19.51
52-Week Range: $14.06
▼
$22.44

Volume: 49,670 shs
Average Volume: 128,569 shs
Market Capitalization: $575.10 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $21.00

Get Astronics alerts:

Astronics MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 26.1% Upside
$21.00 Price Target
Short Interest: Healthy
0.94% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -4.39
Upright™ Environmental Score
News Sentiment: 0.85
Based on 3 Articles This Week
Insider Trading: Selling Shares
$169,885 Sold Last Quarter
Proj. Earnings Growth: 50.70%
From $0.71 to $1.07 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.84 out of 5 stars

Aerospace Sector

10th out of 41 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

1st out of 7 stocks

3.0

Analyst's Opinion

Consensus Rating
Astronics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Astronics has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.94% of the outstanding shares of Astronics have been sold short.
Short Interest Ratio / Days to Cover
Astronics has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Astronics has recently increased by 8.97%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Astronics does not currently pay a dividend.
Dividend Growth
Astronics does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Astronics has received a -160.49% net impact score from Upright. The largest negative impact of Astronics in category "GHG emissions" seems to be driven mostly by its "Aircraft wiring systems", "Military aircraft parts", and "Airplane control systems" products. See details.
Environmental Sustainability
The Environmental Impact score for Astronics is -4.39.

3.8

News and Social Media Coverage

News Sentiment
Astronics has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Astronics this week, compared to 1 article on an average week.
Search Interest
3 people have searched for ATRO on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added Astronics to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Astronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $169,885.00 in company stock.
Percentage Held by Insiders
10.83% of the stock of Astronics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
56.68% of the stock of Astronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Astronics are expected to grow by 50.70% in the coming year, from $0.71 to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Astronics is -20.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Astronics is -20.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Astronics has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Astronics Stock (NASDAQ:ATRO)

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and mass transit industries, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. Astronics Corporation was incorporated in 1968 and is headquartered in East Aurora, New York.

ATRO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ATRO Stock News Headlines

March 17, 2024 | insidertrades.com

Michael C. Kuehn Sells 7,074 Shares of Astronics Co. (NASDAQ:ATRO) Stock

April 10, 2024 | americanbankingnews.com

Astronics (NASDAQ:ATRO) Shares Pass Above Two Hundred Day Moving Average of $16.82

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 29, 2024 | finance.yahoo.com

Investors in Astronics (NASDAQ:ATRO) have seen notable returns of 44% over the past year

March 19, 2024 | money.usnews.com

Astronics Corp.

March 16, 2024 | finance.yahoo.com

ATRO Apr 2024 17.500 put

March 16, 2024 | benzinga.com

Astronics Stock (NASDAQ:ATRO), Quotes and News Summary

March 15, 2024 | finance.yahoo.com

Executive Vice President Michael Kuehn Sells 7,074 Shares of Astronics Corp (ATRO)

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 15, 2024 | stocknews.com

3 Top-Rated Defense Stocks for Value in March

March 1, 2024 | benzinga.com

Recap: Astronics Q4 Earnings

March 1, 2024 | finance.yahoo.com

Astronics Full Year 2023 Earnings: EPS Beats Expectations

February 28, 2024 | businesswire.com

Astronics Corporation Reports 2023 Fourth Quarter and Full Year Financial Results

February 27, 2024 | markets.businessinsider.com

Astronics B is about to announce its earnings — here's what Wall Street expects

February 18, 2024 | ca.finance.yahoo.com

ATRO Mar 2024 30.000 call

February 17, 2024 | finance.yahoo.com

ATRO Mar 2024 12.500 call

February 15, 2024 | finance.yahoo.com

Astronics Corporation Announces Fourth Quarter 2023 Financial Results Conference Call and Webcast

February 15, 2024 | businesswire.com

Astronics Corporation Announces Fourth Quarter 2023 Financial Results Conference Call and Webcast

January 29, 2024 | bizjournals.com

WNY public company expects another year of double-digit growth

January 22, 2024 | stocknews.com

Buy or Sell? 3 Air Defense Stocks on the Radar

January 22, 2024 | finance.yahoo.com

Kaman (KAMN) Soars 100.9%: Is Further Upside Left in the Stock?

January 9, 2024 | finance.yahoo.com

Astronics Corporation Announces Preliminary Unaudited Revenue for Fourth Quarter 2023 and Initiates Revenue Guidance for 2024

January 3, 2024 | finance.yahoo.com

Astronics Corporation to Webcast Presentation at the CJS New Ideas Conference

November 10, 2023 | markets.businessinsider.com

Hold Rating on Astronics Amid Financial Recovery and Potential Supply Chain Risks

November 9, 2023 | morningstar.com

Astronics Corp ATRO

November 9, 2023 | finance.yahoo.com

Q3 2023 Astronics Corp Earnings Call

November 8, 2023 | finance.yahoo.com

Astronics Corporation Reports 2023 Third Quarter Financial Results

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Aerospace
Industry: Aircraft parts & equipment, not elsewhere classified
Sub-Industry: Aerospace & Defense
Current Symbol: NASDAQ:ATRO
CUSIP: 04643310
CIK: 8063
Web: www.astronics.com
Phone: (716) 805-1599
Fax: 716-655-0309
Employees: 2,500
Year Founded: 1968

Price Target and Rating

Average Stock Price Target: $21.00
High Stock Price Target: $21.00
Low Stock Price Target: $21.00
Potential Upside/Downside: +25.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.82)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 23.62
P/E Growth: N/A
Net Income: $-26,420,000.00
Net Margins: -3.83%
Pretax Margin: -3.82%
Return on Equity: -6.53%
Return on Assets: -2.45%

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 2.72
Quick Ratio: 1.38

Sales & Book Value

Annual Sales: $689.21 million
Price / Sales: 0.84
Cash Flow: $0.39 per share
Price / Cash Flow: 43.08
Book Value: $7.23 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 34,520,000
Free Float: 30,783,000
Market Cap: $578.90 million
Optionable: Optionable
Beta: 1.62

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Key Executives

Mr. Peter J. Gundermann (Age 61)
Chairman, CEO & President
Comp: $640.32k
Mr. David C. Burney (Age 61)
Executive VP of Finance, CFO & Treasurer
Comp: $404.43k
Mr. James S. Kramer (Age 60)
Executive VP & President of Luminescent Systems Inc.
Comp: $330.57k
Mr. Mark A. Peabody (Age 65)
Executive VP & President of Aerospace Segment
Comp: $504.55k
Mr. James F. Mulato (Age 63)
Executive VP & President of Astronics Test Systems, Inc.
Comp: $389.45k
Mr. Michael C. Kuehn (Age 63)
Executive VP and President of Astronics Connectivity Systems & Certification Corp.
Comp: $389.57k
Ms. Nancy L. Hedges (Age 50)
Corporate Controller & Principal Accounting Officer
Ms. Julie M. Davis
Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ATRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Astronics stock right now?: 1 Wall Street 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 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 target for 2024?: 1 Wall Street research analysts have issued 12 month target prices for Astronics' shares. Their ATRO share price targets range from $21.00 to $21.00. On average, they predict the company's share price to reach $21.00 in the next year. This suggests a possible upside of 26.1% from the stock's current price.
View analysts price targets for ATRO or view top-rated stocks among Wall Street analysts.
How have ATRO shares performed in 2024?: Astronics' stock was trading at $17.42 on January 1st, 2024. Since then, ATRO stock has decreased by 4.4% and is now trading at $16.66.
View the best growth stocks for 2024 here.
Are investors shorting Astronics?: Astronics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 324,300 shares, an increase of 9.0% from the March 15th total of 297,600 shares. Based on an average daily trading volume, of 131,600 shares, the days-to-cover ratio is currently 2.5 days.
View Astronics' Short Interest.
When is Astronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ATRO earnings forecast.
How were Astronics' earnings last quarter?: Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings results on Wednesday, February, 28th. The aerospace company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.08. The aerospace company had revenue of $195.29 million for the quarter, compared to analysts' expectations of $188.35 million. Astronics had a negative trailing twelve-month return on equity of 6.53% and a negative net margin of 3.83%.

What ETFs hold Astronics' stock?: ETFs with the largest weight of Astronics (NASDAQ:ATRO) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and SPDR S&P Aerospace & Defense ETF (XAR).First Trust Indxx Aerospace & Defense ETF (MISL).
What guidance has Astronics issued on next quarter's earnings?: Astronics issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $760.0 million-$795.0 million, compared to the consensus revenue estimate of $755.4 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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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

This page (NASDAQ:ATRO) was last updated on 4/16/2024 by MarketBeat.com Staff

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Astronics (ATRO) Stock Price, News & Analysis

Astronics MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Astronics Stock (NASDAQ:ATRO)

ATRO Stock Price History

ATRO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ATRO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™