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

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$41.39 -0.15 (-0.36 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$41.39
Today's Range$40.84 - $41.87
52-Week Range$27.56 - $46.56
Volume313,079 shs
Average Volume161,238 shs
Market Capitalization$1.35 billion
P/E Ratio29.35
Dividend YieldN/A
Beta1.79
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$2.4219 per share
Book Value$14.27 per share

Profitability

Net Income$46.80 million

Miscellaneous

Employees2,700
Market Cap$1.35 billion
Next Earnings Date8/2/2019 (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 initiated a share buyback plan on Monday, December 18th 2017, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings data on Wednesday, May, 8th. The aerospace company reported $0.48 EPS for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.11. The aerospace company had revenue of $208.20 million for the quarter, compared to analysts' expectations of $192.10 million. Astronics had a return on equity of 15.16% and a net margin of 14.61%. Astronics's revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.11 EPS. View Astronics' Earnings History.

When is Astronics' next earnings date?

Astronics is scheduled to release their next quarterly earnings announcement on Friday, August 2nd 2019. View Earnings Estimates for Astronics.

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

Astronics updated its FY 2019 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $760-805 million, compared to the consensus revenue estimate of $777.54 million.

What price target have analysts set for ATRO?

2 equities research analysts have issued 12-month price objectives for Astronics' shares. Their predictions range from $38.00 to $42.00. On average, they expect Astronics' stock price to reach $40.00 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Astronics.

Has Astronics been receiving favorable news coverage?

Press coverage about ATRO stock has been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Astronics earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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), Baidu (BIDU), Cisco Systems (CSCO), Twilio (TWLO), Weyerhaeuser (WY), Ctrip.Com International (CTRP), Adobe (ADBE), Amgen (AMGN), AeroVironment (AVAV) and Broadcom (AVGO).

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 a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.20%), Wellington Management Group LLP (5.11%), International Value Advisers LLC (4.90%), FMR LLC (4.59%), Neuberger Berman Group LLC (4.22%) and Dimensional Fund Advisors LP (3.40%). 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 institutional investors are selling Astronics stock?

ATRO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Neuberger Berman Group LLC, Loomis Sayles & Co. L P, Morgan Stanley, Northern Trust Corp, Kornitzer Capital Management Inc. KS and Royce & Associates LP. Company insiders that have sold Astronics company stock in the last year include James S Kramer and Peter J Gundermann. View Insider Buying and Selling for Astronics.

Which institutional investors are buying Astronics stock?

ATRO stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, International Value Advisers LLC, 22NW LP, Rothschild & Co. Asset Management US Inc., Roubaix Capital LLC, Federated Investors Inc. PA, Goldman Sachs Group Inc. and Dimensional Fund Advisors LP. 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 $41.39.

How big of a company is Astronics?

Astronics has a market capitalization of $1.35 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:  324 (Vote Outperform)
Underperform Votes:  270 (Vote Underperform)
Total Votes:  594
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 5/25/2019 by MarketBeat.com Staff

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