NASDAQ:ATRO - Astronics Stock Price, News & Analysis

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

Astronics declared that its Board of Directors has authorized a share repurchase plan on Monday, December 18th 2017, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings data on Monday, August, 5th. The aerospace company reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.16. The aerospace company had revenue of $189.10 million for the quarter, compared to analyst estimates of $188.80 million. Astronics had a return on equity of 12.24% and a net margin of 14.07%. The firm's revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.49 earnings per share. View Astronics' Earnings History.

Astronics is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Astronics.

Astronics issued an update on its FY 2019 earnings guidance on Monday, August, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $740-775 million.

4 brokers have issued twelve-month price objectives for Astronics' shares. Their predictions range from $26.00 to $42.00. On average, they anticipate Astronics' stock price to reach $36.50 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price. View Analyst Price Targets for Astronics.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astronics.

Media headlines about ATRO stock have trended positive on Friday, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. 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 coverage optimism score of 2.5 on InfoTrie's scale. They also gave news stories about the aerospace company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Astronics.

Astronics saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 402,300 shares, a decrease of 19.5% from the June 30th total of 499,800 shares. Based on an average daily trading volume, of 319,900 shares, the short-interest ratio is currently 1.3 days. Approximately 1.9% of the company's stock are short sold. View Astronics' Current Options Chain.

Some companies that are related to Astronics include TransDigm Group (TDG), Rockwell Collins (COL), Spirit AeroSystems (SPR), Elbit Systems (ESLT), Nabtesco (NCTKF), Senior (SNIRF) and Ducommun (DCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Skyworks Solutions (SWKS), Weyerhaeuser (WY), Ctrip.Com International (CTRP), Baidu (BIDU), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), Twilio (TWLO), AeroVironment (AVAV), Broadcom (AVGO) and BioMarin Pharmaceutical (BMRN).

Astronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.06%), Vanguard Group Inc. (5.41%), International Value Advisers LLC (4.55%), Royal Bank of Canada (2.39%), Bank of New York Mellon Corp (1.68%) and Nuveen Asset Management LLC (1.12%). Company insiders that own Astronics stock include David C Burney, James S Kramer, Mark Peabody, Nancy L Hedges, Peter J Gundermann and Robert J Mckenna. View Institutional Ownership Trends for Astronics.

ATRO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., International Value Advisers LLC, Royal Bank of Canada, Victory Capital Management Inc., Mondrian Investment Partners LTD, SG Americas Securities LLC, Paloma Partners Management Co and Bank of America Corp DE. Company insiders that have sold Astronics company stock in the last year include David C Burney, James S Kramer 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 Nuveen Asset Management LLC, UBS Group AG, Morgan Stanley, Prudential Financial Inc., Vanguard Group Inc., AQR Capital Management LLC, Renaissance Technologies LLC and Scout Investments Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of ATRO stock can currently be purchased for approximately $27.78.

Astronics has a market capitalization of $907.68 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]