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

Sign in or create an account to add this stock to your watchlist.
$30.33 +0.17 (+0.56 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$30.16
Today's Range$30.00 - $30.49
52-Week Range$27.56 - $47.55
Volume87,618 shs
Average Volume112,500 shs
Market Capitalization$989.13 million
P/E Ratio24.26
Dividend YieldN/A
Beta1.78
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.

Receive ATRO News and Ratings via Email

Sign-up to receive the latest news and ratings for ATRO and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$624.46 million
Cash Flow$2.2601 per share
Book Value$11.78 per share

Profitability

Net Income$19.67 million

Miscellaneous

Employees2,500
Market Cap$989.13 million
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 declared that its board has authorized a stock repurchase plan on Monday, December 18th 2017, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) posted its earnings results on Thursday, November, 8th. The aerospace company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.05. The aerospace company had revenue of $212.67 million for the quarter, compared to analysts' expectations of $208.59 million. Astronics had a return on equity of 13.19% and a net margin of 3.71%. Astronics's quarterly revenue was up 42.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 EPS. View Astronics' Earnings History.

When is Astronics' next earnings date?

Astronics is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Astronics.

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

Astronics updated its FY 2018 earnings guidance on Monday, November, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $790-800 million, compared to the consensus revenue estimate of $798.71 million.Astronics also updated its Q4 2018 guidance to EPS.

What price target have analysts set for ATRO?

2 brokerages have issued twelve-month price objectives for Astronics' shares. Their predictions range from $38.00 to $39.00. On average, they expect Astronics' stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price. View Analyst Price Targets for Astronics.

What is the consensus analysts' recommendation for Astronics?

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

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. " (1/3/2019)
  • 2. Canaccord Genuity analysts commented, "We believe the Test segment provided ~$0.10 of the upside in the quarter relative to our expectations. Surprisingly, all of the top-line increase in the Test segment was in the semiconductor market, with A&D test sales down in the quarter." (8/3/2018)

Has Astronics been receiving favorable news coverage?

News articles about ATRO stock have trended very positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Astronics earned a media sentiment score of 3.7 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

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)

Who are Astronics' major shareholders?

Astronics' stock is owned by many different of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.43%) and Tealwood Asset Management Inc. (0.21%). 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 buying Astronics stock?

ATRO stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc. and Tealwood Asset 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 $30.33.

How big of a company is Astronics?

Astronics has a market capitalization of $989.13 million 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.

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:  2.8 out of 5 (star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  544
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 1/17/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel