About Astronics Corporation (NASDAQ:ATRO)
Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company's products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems. The Company operates through two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and motions systems, aircraft structures, avionics products, systems certification and other products. 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 both commercial and military applications.
Industry, Sector and Symbol:
- Sector: Aerospace
- Industry: Aerospace & Defense
- Sub-Industry: Aerospace & Defense
- Symbol: NASDAQ:ATRO
- CUSIP: 04643310
- Web: www.astronics.com
Capitalization:- Market Cap: $975.26 million
- Outstanding Shares: 28,701,000
Average Prices:- 50 Day Moving Avg: $29.68
- 200 Day Moving Avg: $29.74
- 52 Week Range: $23.95 - $41.03
P/E:- Trailing P/E Ratio: 24.62
- Foreward P/E Ratio: 19.64
- P/E Growth: 1.88
Sales & Book Value:- Annual Revenue: $612.68 million
- Price / Sales: 1.59
- Book Value: $12.11 per share
- Price / Book: 2.81
Profitability:- EBITDA: $86.53 million
- Net Margins: 6.73%
- Return on Equity: 12.12%
- Return on Assets: 6.72%
Debt:- Debt-to-Equity Ratio: 0.46%
- Current Ratio: 3.30%
- Quick Ratio: 1.70%
Misc:- Average Volume: 170,740 shs.
- Beta: 1.17
- Short Ratio: 3.96
Frequently Asked Questions for Astronics Corporation (NASDAQ:ATRO)
What is Astronics Corporation's stock symbol?
Astronics Corporation trades on the NASDAQ under the ticker symbol "ATRO."
How were Astronics Corporation's earnings last quarter?
Astronics Corporation (NASDAQ:ATRO) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.14. The company had revenue of $151.11 million for the quarter, compared to analyst estimates of $162.33 million. Astronics Corporation had a net margin of 6.73% and a return on equity of 12.12%. The company's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS. View Astronics Corporation's Earnings History.
When will Astronics Corporation make its next earnings announcement?
Where is Astronics Corporation's stock going? Where will Astronics Corporation's stock price be in 2017?
2 equities research analysts have issued 1 year price objectives for Astronics Corporation's shares. Their forecasts range from $30.00 to $36.00. On average, they expect Astronics Corporation's share price to reach $33.00 in the next year. View Analyst Ratings for Astronics Corporation.
What are analysts saying about Astronics Corporation stock?
Here are some recent quotes from research analysts about Astronics Corporation 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. " (10/17/2017)
- 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: August 16, 2017, 11:35 ET Date and time of production: August 16, 2017, 11:35 ET Target Price / Valuation Methodology: Astronics Corporation – ATRO Our new $34 price target is based on the blend of a 17x EPS multiple and a 12x EBITDA multiple applied to our 2018 estimates." (8/16/2017)
Are investors shorting Astronics Corporation?
Astronics Corporation saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 784,416 shares, an increase of 54.2% from the August 31st total of 508,800 shares. Based on an average daily volume of 194,161 shares, the short-interest ratio is presently 4.0 days. Approximately 3.7% of the company's stock are short sold.
Who are some of Astronics Corporation's key competitors?
Some companies that are related to Astronics Corporation include Triumph Group (TGI), Cubic Corporation (CUB), QinetiQ Group plc (QQ), Kratos Defense & Security Solutions (KTOS), Ultra Electronics Holdings plc (ULE), AeroVironment (AVAV), TASER International (AAXN), Chemring Group plc (CHG), Avation PLC (AVAP), American Science & Engineering (ASEI), B/E Aerospace (BEAV), Colliers International UK PLC (COL), Exelis (XLS) and Moog (MOG).
Who are Astronics Corporation's key executives?
Astronics Corporation's management team includes the folowing people:
- Kevin T. Keane, Independent Chairman of the Board
- Peter J. Gundermann, President, Chief Executive Officer, Director
- David C. Burney, Chief Financial Officer, Executive Vice President - Finance, Secretary
- James F. Mulato, President of Astronics Test Systems, Inc.
- James S. Kramer, Executive Vice President ; President of Luminescent Systems, Inc.
- Mark A. Peabody, Executive Vice President ; President of Astronics Advanced Electronic Systems and Ballard Technology, Inc.
- Raymond W. Boushie, Lead Independent Director
- Robert T. Brady, Independent Director
- John B. Drenning, Independent Director
- Jeffry D. Frisby, Independent Director
Who owns Astronics Corporation stock?
Astronics Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.33%) and Skylands Capital LLC (0.13%). Company insiders that own Astronics Corporation stock include David C Burney, James S Kramer, John B Drenning, Mark Peabody and Robert T Brady. View Institutional Ownership Trends for Astronics Corporation.
Who sold Astronics Corporation stock? Who is selling Astronics Corporation stock?
How do I buy Astronics Corporation stock?
Shares of Astronics Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Astronics Corporation's stock price today?
One share of Astronics Corporation stock can currently be purchased for approximately $33.98.
MarketBeat Community Rating for Astronics Corporation (NASDAQ ATRO)MarketBeat's community ratings are surveys of what our community members think about Astronics Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Astronics Corporation (NASDAQ:ATRO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $33.00 (2.88% downside) |
Consensus Price Target History for Astronics Corporation (NASDAQ:ATRO)
Analysts' Ratings History for Astronics Corporation (NASDAQ:ATRO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/12/2017 | SunTrust Banks, Inc. | Reiterated Rating | Hold | $30.00 | N/A |  |
| 10/5/2017 | Canaccord Genuity | Reiterated Rating | Buy | $36.00 | N/A | |
| 6/29/2016 | KeyCorp | Upgrade | Sector Weight -> Overweight | | N/A | |
| 5/5/2016 | Dougherty & Co | Boost Price Target | Buy | $50.00 -> $52.00 | N/A | |
(Data available from 10/22/2015 forward)
Earnings History for Astronics Corporation (NASDAQ:ATRO)Earnings History by Quarter for Astronics Corporation (NASDAQ ATRO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/14/2017 | | | | | | | | |
| 8/2/2017 | Q2 2017 | $0.40 | $0.26 | $162.33 million | $151.11 million | View | Listen | |
| 5/4/2017 | Q1 2017 | $0.29 | $0.38 | $151.33 million | $152.40 million | View | Listen | |
| 2/17/2017 | Q416 | $0.45 | $0.33 | $158.93 million | $154.10 million | View | N/A | |
| 11/8/2016 | Q316 | $0.45 | $0.41 | $166.08 million | $155.10 million | View | Listen | |
| 8/3/2016 | Q216 | $0.48 | $0.57 | $162.17 million | $164.40 million | View | N/A | |
| 5/4/2016 | Q116 | $0.52 | $0.44 | $167.77 million | $159.53 million | View | N/A | |
| 2/17/2016 | Q415 | $0.59 | $0.53 | $163.85 million | $157.34 million | View | Listen | |
| 11/10/2015 | Q315 | $0.91 | $0.94 | $200.22 million | $200.20 million | View | Listen | |
| 8/5/2015 | Q215 | $0.68 | $0.77 | $168.26 million | $173.20 million | View | N/A | |
| 5/12/2015 | Q115 | $0.76 | $0.47 | $171.20 million | $161.60 million | View | Listen | |
| 2/19/2015 | Q414 | $0.61 | $0.81 | $157.53 million | $166.08 million | View | N/A | |
| 11/4/2014 | Q314 | $0.84 | $0.79 | $175.82 million | $179.40 million | View | N/A | |
| 7/30/2014 | Q214 | $0.39 | $1.02 | $157.83 million | $174.60 million | View | N/A | |
| 5/7/2014 | Q114 | $0.50 | $0.40 | $131.80 million | $140.95 million | View | N/A | |
| 2/19/2014 | Q413 | $0.44 | $0.34 | $106.16 million | $105.50 million | View | N/A | |
| 11/5/2013 | Q313 | $0.38 | $0.39 | $92.91 million | $89.68 million | View | N/A | |
| 7/31/2013 | Q2 2013 | $0.45 | $0.34 | $74.72 million | $70.83 million | View | N/A | |
| 5/6/2013 | Q1 2013 | $0.43 | $0.56 | $71.97 million | $73.97 million | View | Listen | |
| 2/5/2013 | Q4 2012 | $0.37 | $0.37 | $70.41 million | $67.40 million | View | Listen | |
| 11/6/2012 | Q312 | $0.44 | $0.33 | $67.23 million | $69.89 million | View | N/A | |
| 8/7/2012 | | $0.46 | $0.42 | | | View | N/A | |
| 5/1/2012 | | $0.44 | $0.46 | | | View | N/A | |
| 2/6/2012 | | $0.41 | $0.52 | | | View | N/A | |
| 11/3/2011 | | $0.39 | $0.52 | | | View | N/A | |
| 8/9/2011 | | $0.43 | $0.39 | | | View | N/A | |
| 5/4/2011 | | $0.32 | $0.45 | | | View | N/A | |
| 2/8/2011 | | $0.33 | $0.39 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Astronics Corporation (NASDAQ:ATRO)2017 EPS Consensus Estimate: $1.66
2018 EPS Consensus Estimate: $1.86
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.25 | $0.35 | $0.30 |
| Q2 2017 | 2 | $0.39 | $0.39 | $0.39 |
| Q3 2017 | 2 | $0.35 | $0.49 | $0.42 |
| Q4 2017 | 2 | $0.53 | $0.57 | $0.55 |
| Q1 2018 | 1 | $0.45 | $0.45 | $0.45 |
| Q2 2018 | 1 | $0.46 | $0.46 | $0.46 |
| Q3 2018 | 1 | $0.47 | $0.47 | $0.47 |
| Q4 2018 | 1 | $0.48 | $0.48 | $0.48 |
(Data provided by Zacks Investment Research)
Dividend History for Astronics Corporation (NASDAQ:ATRO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Astronics Corporation (NASDAQ:ATRO)Insider Ownership Percentage: 16.45%
Institutional Ownership Percentage: 65.59%
Insider Trades by Quarter for Astronics Corporation (NASDAQ:ATRO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/16/2016 | Mark Peabody | VP | Sell | 1,000 | $37.02 | $37,020.00 | |
| 12/5/2016 | Mark Peabody | VP | Sell | 1,000 | $37.73 | $37,730.00 | |
| 8/15/2016 | John B Drenning | Director | Sell | 5,000 | $43.47 | $217,350.00 | |
| 6/1/2016 | James S Kramer | EVP | Sell | 3,000 | $38.12 | $114,360.00 | |
| 5/18/2016 | Robert T Brady | Director | Buy | 4,500 | $35.39 | $159,255.00 | |
| 3/3/2016 | James S Kramer | VP | Sell | 4,030 | $35.39 | $142,621.70 | |
| 12/15/2015 | John B. Drenning | Director | Sell | 6,000 | $38.00 | $228,000.00 | |
| 12/14/2015 | David C. Burney | CFO | Sell | 15,000 | $37.02 | $555,300.00 | |
| 11/30/2015 | James S. Kramer | VP | Sell | 6,000 | $38.52 | $231,120.00 | |
| 8/27/2015 | James S. Kramer | VP | Sell | 6,000 | $51.71 | $310,260.00 | |
| 7/24/2015 | Mark Peabody | VP | Sell | 2,000 | $65.98 | $131,960.00 | |
| 7/10/2015 | Mark Peabody | VP | Sell | 5,000 | $68.69 | $343,450.00 | |
| 6/26/2015 | Mark Peabody | VP | Sell | 5,000 | $71.53 | $357,650.00 | |
| 6/10/2015 | James S Kramer | VP | Sell | 3,100 | $70.68 | $219,108.00 | |
| 3/19/2015 | Kevin T Keane | Director | Sell | 25,000 | $73.98 | $1,849,500.00 | |
| 3/18/2015 | James S Kramer | VP | Sell | 4,550 | $73.38 | $333,879.00 | |
| 3/12/2015 | Raymond W Boushie | Director | Sell | 8,000 | $74.28 | $594,240.00 | |
| 3/11/2015 | Raymond W Boushie | Director | Sell | 3,000 | $71.00 | $213,000.00 | |
| 2/2/2015 | James S Kramer | VP | Sell | 3,000 | $54.43 | $163,290.00 | |
| 1/6/2015 | James S Kramer | VP | Sell | 3,000 | $54.38 | $163,140.00 | |
| 12/9/2014 | David C Burney | CFO | Sell | 4,000 | $45.92 | $183,680.00 | |
| 11/11/2014 | David C Burney | CFO | Sell | 4,000 | $53.29 | $213,160.00 | |
| 11/7/2014 | John B Drenning | Director | Sell | 5,000 | $52.60 | $263,000.00 | |
| 11/3/2014 | James S Kramer | VP | Sell | 3,000 | $49.89 | $149,670.00 | |
| 10/7/2014 | David C Burney | CFO | Sell | 4,000 | $43.27 | $173,080.00 | |
| 9/11/2014 | Kevin T Keane | Director | Sell | 30,769 | $54.25 | $1,669,218.25 | |
| 9/9/2014 | David C Burney | CFO | Sell | 4,000 | $54.30 | $217,200.00 | |
| 9/9/2014 | Kevin T Keane | Director | Sell | 18,147 | $55.18 | $1,001,351.46 | |
| 9/8/2014 | Kevin T Keane | Director | Sell | 13,116 | $55.14 | $723,216.24 | |
| 9/2/2014 | James S Kramer | VP | Sell | 3,000 | $63.73 | $191,190.00 | |
| 8/26/2014 | David C Burney | CFO | Sell | 3,200 | $63.52 | $203,264.00 | |
| 8/13/2014 | Mark Peabody | VP | Sell | 10,534 | $63.12 | $664,906.08 | |
| 8/6/2014 | David C Burney | CFO | Sell | 4,000 | $58.08 | $232,320.00 | |
| 7/16/2014 | James S Kramer | VP | Sell | 3,000 | $54.40 | $163,200.00 | |
| 7/8/2014 | David C Burney | VP | Sell | 4,000 | $55.63 | $222,520.00 | |
| 6/2/2014 | James S Kramer | VP | Sell | 3,000 | $53.92 | $161,760.00 | |
| 5/13/2014 | John Drenning | Director | Sell | 2,000 | $55.00 | $110,000.00 | |
| 5/1/2014 | James Kramer | VP | Sell | 6,000 | $57.02 | $342,120.00 | |
| 4/1/2014 | James Kramer | VP | Sell | 6,000 | $63.15 | $378,900.00 | |
| 3/10/2014 | Raymond Boushie | Director | Sell | 7,968 | $69.05 | $550,190.40 | |
| 3/6/2014 | Kevin Keane | Director | Sell | 10,000 | $69.50 | $695,000.00 | |
| 3/4/2014 | Raymond Boushie | Director | Sell | 3,805 | $68.71 | $261,441.55 | |
| 2/20/2014 | Mark Peabody | VP | Sell | 4,105 | $61.50 | $252,457.50 | |
(Data available from 1/1/2013 forward)
Headline Trends for Astronics Corporation (NASDAQ:ATRO)
Latest Headlines for Astronics Corporation (NASDAQ:ATRO)
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Astronics Corporation (ATRO) Chart for Sunday, October, 22, 2017
