NASDAQ:ATRO - Astronics Stock Price, Forecast & News

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

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

Astronics is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Astronics.

3 brokers have issued twelve-month price targets for Astronics' stock. Their forecasts range from $26.00 to $42.00. On average, they anticipate Astronics' share price to reach $35.33 in the next year. This suggests a possible upside of 26.0% 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.

News articles about ATRO stock have trended negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Astronics earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned news headlines about the aerospace company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Astronics.

Astronics saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 746,400 shares, an increase of 6.8% from the December 15th total of 699,200 shares. Based on an average daily volume of 225,600 shares, the days-to-cover ratio is presently 3.3 days. Currently, 3.3% of the company's 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), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), 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 variety of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.71%) and Roubaix Capital LLC (0.19%). 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 Roubaix Capital 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 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, Robinhood, Fidelity and Charles Schwab.

One share of ATRO stock can currently be purchased for approximately $28.05.

Astronics has a market capitalization of $865.75 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]