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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NASDAQ:ATRO

Astronics - ATRO Stock Forecast, Price & News

$11.52
+0.35 (+3.13%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.01
$11.71
50-Day Range
$9.75
$11.68
52-Week Range
$9.24
$14.95
Volume
74,518 shs
Average Volume
132,532 shs
Market Capitalization
$367.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.50

Astronics MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.9% Upside
$14.50 Price Target
Short Interest
Healthy
1.35% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Astronics in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.44) to $0.52 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Aerospace Sector

16th out of 42 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

2nd out of 5 stocks

ATRO stock logo

About Astronics (NASDAQ:ATRO) Stock

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. It 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 communications and mass transit industries; and provides wireless communication testing for the civil land mobile radio market, 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 was incorporated in 1968 and is headquartered in East Aurora, New York.

Analyst Ratings Changes

Separately, Truist Financial decreased their target price on Astronics from $12.00 to $10.00 and set a "hold" rating for the company in a research report on Tuesday, July 19th.

Astronics Stock Up 3.8 %

ATRO Stock traded up $0.42 during mid-day trading on Tuesday, reaching $11.59. 1,173 shares of the company traded hands, compared to its average volume of 54,224. The company has a quick ratio of 1.32, a current ratio of 2.69 and a debt-to-equity ratio of 0.53. The firm's 50 day moving average price is $10.66 and its 200 day moving average price is $11.57. The stock has a market cap of $369.61 million, a price-to-earnings ratio of -20.69 and a beta of 1.69. Astronics has a fifty-two week low of $9.24 and a fifty-two week high of $15.44.

Astronics (NASDAQ:ATRO - Get Rating) last announced its earnings results on Friday, May 6th. The aerospace company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.16). Astronics had a negative net margin of 3.68% and a negative return on equity of 14.30%. The company had revenue of $116.18 million for the quarter, compared to analysts' expectations of $117.52 million. During the same period in the previous year, the firm earned ($0.39) EPS. As a group, equities research analysts predict that Astronics will post -0.44 EPS for the current fiscal year.

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ATRO Stock News Headlines

Is Boeing Stock a Buy or Sell at $150?
Astronics (ATRO) Q1 2022 Earnings Call Transcript
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ATRO Company Calendar

Last Earnings
11/08/2021
Today
8/09/2022
Next Earnings (Confirmed)
8/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
Aerospace & Defense
Sector
Aerospace
Current Symbol
NASDAQ:ATRO
CUSIP
04643310
CIK
8063
Employees
2,100
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$14.50
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+25.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-25,580,000.00
Pretax Margin
-2.23%

Debt

Sales & Book Value

Annual Sales
$444.91 million
Book Value
$7.27 per share

Miscellaneous

Free Float
28,583,000
Market Cap
$367.37 million
Optionable
Not Optionable
Beta
1.69

Social Links


Key Executives

  • Mr. Peter J. Gundermann (Age 59)
    Chairman, CEO & Pres
    Comp: $635.13k
  • Mr. David C. Burney (Age 59)
    Exec. VP of Fin., CFO & Treasurer
    Comp: $396k
  • Mr. James S. Kramer (Age 58)
    Exec. VP & Pres of Luminescent Systems Inc.
    Comp: $323.82k
  • Mr. Mark A. Peabody (Age 63)
    Exec. VP & Pres of Astronics Advanced Electronic Systems
    Comp: $497k
  • Mr. James F. Mulato (Age 61)
    Exec. VP & Pres of Astronics Test Systems, Inc.
    Comp: $381.07k
  • Mr. Michael C. Kuehn (Age 61)
    EVP, Pres of Astronics Connectivity Systems & Certification Corp. and Armstrong Aerospace, Inc.
    Comp: $381.27k
  • Ms. Nancy L. Hedges (Age 48)
    Corp. Controller & Principal Accounting Officer
  • Ms. Julie M. Davis
    Sec.













ATRO Stock - Frequently Asked Questions

Should I buy or sell Astronics stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATRO shares.
View ATRO analyst ratings
or view top-rated stocks.

What is Astronics' stock price forecast for 2022?

2 brokers have issued 12 month target prices for Astronics' shares. Their ATRO share price forecasts range from $10.00 to $19.00. On average, they predict the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price.
View analysts price targets for ATRO
or view top-rated stocks among Wall Street analysts.

How has Astronics' stock performed in 2022?

Astronics' stock was trading at $12.00 at the beginning of the year. Since then, ATRO stock has decreased by 4.0% and is now trading at $11.52.
View the best growth stocks for 2022 here
.

When is Astronics' next earnings date?

Astronics is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our ATRO earnings forecast
.

How can I listen to Astronics' earnings call?

Astronics will be holding an earnings conference call on Wednesday, August 10th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13731543".

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) issued its quarterly earnings data on Monday, November, 8th. The aerospace company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by $0.07. The aerospace company had revenue of $111.84 million for the quarter, compared to the consensus estimate of $112.60 million. Astronics had a negative net margin of 3.68% and a negative trailing twelve-month return on equity of 14.30%. During the same quarter in the prior year, the business earned ($0.17) earnings per share.

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

Astronics issued an update on its second quarter 2022 earnings guidance on Monday, June, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.00 million-$135.00 million, compared to the consensus revenue estimate of $122.86 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).

What is Astronics' stock symbol?

Astronics trades on the NASDAQ under the ticker symbol "ATRO."

Who are Astronics' major shareholders?

Astronics' stock is owned by many different institutional and retail investors. Top institutional investors include Royce & Associates LP (5.19%), Roubaix Capital LLC (0.89%), Russell Investments Group Ltd. (0.13%) and Connor Clark & Lunn Investment Management Ltd. (0.08%). Insiders that own company stock include David C Burney, James Mulato, Jeffry D Frisby and Nancy L Hedges.
View institutional ownership trends
.

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

What is Astronics' stock price today?

One share of ATRO stock can currently be purchased for approximately $11.52.

How much money does Astronics make?

Astronics (NASDAQ:ATRO) has a market capitalization of $367.37 million and generates $444.91 million in revenue each year. The aerospace company earns $-25,580,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.

How many employees does Astronics have?

Astronics employs 2,100 workers across the globe.

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

When was Astronics founded?

Astronics was founded in 1968.

How can I contact Astronics?

Astronics' mailing address is 130 COMMERCE WAY, EAST AURORA NY, 14052. The official website for the company is www.astronics.com. The aerospace company can be reached via phone at (716) 805-1599, via email at invest@astronics.com, or via fax at 716-655-0309.

This page (NASDAQ:ATRO) was last updated on 8/10/2022 by MarketBeat.com Staff

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