NASDAQ:ATRO - Astronics Stock Price, Forecast & News

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

Astronics Co. (NASDAQ:ATRO) released its earnings results on Friday, August, 3rd. The aerospace company reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.09. The aerospace company earned $208.60 million during the quarter, compared to analyst estimates of $195.91 million. Astronics had a net margin of 12.68% and a return on equity of 7.98%. The company's revenue for the quarter was up 38.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.26 earnings per share. View Astronics' Earnings History.

Astronics is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Astronics.

Astronics will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Astronics updated its fourth quarter 2019 Pre-Market earnings guidance on Monday, February, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $198-198 million, compared to the consensus revenue estimate of $181.95 million.

3 Wall Street analysts have issued 1-year price targets for Astronics' shares. Their forecasts range from $26.00 to $42.00. On average, they expect Astronics' stock price to reach $35.33 in the next year. This suggests a possible upside of 45.4% from the stock's current price. View Analyst Price Targets for Astronics.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astronics.

Media stories about ATRO stock have trended very positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Astronics earned a daily sentiment score of 3.8 on InfoTrie's scale. They also gave news headlines about the aerospace company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Astronics.

Astronics saw a decrease in short interest in January. As of January 31st, there was short interest totalling 675,500 shares, a decrease of 9.5% from the January 15th total of 746,400 shares. Based on an average daily volume of 233,000 shares, the short-interest ratio is currently 2.9 days. Currently, 3.0% of the shares of the stock are sold short. View Astronics' Current Options Chain.

Some companies that are related to Astronics include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Lockheed Martin (LMT), Raytheon (RTN), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR) and Curtiss-Wright (CW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Weyerhaeuser (WY), Skyworks Solutions (SWKS), Domtar (UFS), AeroVironment (AVAV), Cisco Systems (CSCO), Pattern Energy Group (PEGI), AbbVie (ABBV), Las Vegas Sands (LVS), Exxon Mobil (XOM) and AlarmCom (ALRM).

Astronics' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.03%), Paradice Investment Management LLC (2.99%), Bank of New York Mellon Corp (2.05%), NWQ Investment Management Company LLC (1.78%), Royce & Associates LP (1.51%) and Goldman Sachs Group Inc. (1.17%). Company insiders that own Astronics stock include David C Burney, James S Kramer, Mark Peabody, Nancy L Hedges and Peter J Gundermann. View Institutional Ownership Trends for Astronics.

ATRO stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Schonfeld Strategic Advisors LLC, AQR Capital Management LLC, Marshall Wace North America L.P., Roubaix Capital LLC, Charles Schwab Investment Management Inc., Citigroup Inc. and SG Americas Securities LLC. Company insiders that have sold Astronics company stock in the last year include David C Burney and Mark Peabody. View Insider Buying and Selling for Astronics.

ATRO stock was acquired by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Royce & Associates LP, Reinhart Partners Inc., Barclays PLC, Barrow Hanley Mewhinney & Strauss LLC, First Trust Advisors LP, Renaissance Technologies LLC and NWQ Investment Management Company LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ATRO stock can currently be purchased for approximately $24.30.

Astronics has a market capitalization of $750.19 million 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.View Additional Information About Astronics.

The official website for Astronics is http://www.astronics.com/.

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]