NASDAQ:ATRO Astronics Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Astronics Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.67 +0.13 (+1.52 %) (As of 09/18/2020 09:56 AM ET) Add Compare Share Today's Range$8.56Now: $8.67▼$8.6750-Day Range$7.92MA: $9.30▼$10.7252-Week Range$6.99Now: $8.67▼$33.24Volume472 shsAverage Volume354,935 shsMarket Capitalization$266.65 millionP/E RatioN/ADividend YieldN/ABeta1.55 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.8 Analyst's Opinion Consensus RatingAstronics has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.67, Astronics has a forecasted upside of 106.9% from its current price of $8.54.Amount of Analyst CoverageAstronics has only been the subject of 1 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesAstronics has received 376 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAstronics has received 354 “underperform” votes. (Add your “underperform” vote.)Community SentimentAstronics has received 51.51% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldAstronics does not currently pay a dividend.Dividend GrowthAstronics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Astronics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 14.81% of the stock of Astronics is held by insiders.Percentage Held by Institutions64.52% of the stock of Astronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Astronics are expected to grow in the coming year, from ($0.62) to ($0.14) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Astronics is -2.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Astronics is -2.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAstronics has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.8Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.54 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Aircraft parts & equipment, not elsewhere classified Sub-IndustryAerospace & Defense SectorAerospace Current SymbolNASDAQ:ATRO Previous Symbol CUSIP04643310 CIK8063 Webwww.astronics.com Phone716-805-1599Debt Debt-to-Equity Ratio0.59 Current Ratio2.90 Quick Ratio1.51Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$772.70 million Price / Sales0.35 Cash Flow$2.15 per share Price / Cash Flow4.03 Book Value$12.55 per share Price / Book0.69Profitability EPS (Most Recent Fiscal Year)$0.91 Net Income$52.02 million Net Margins-18.79% Return on Equity-0.93% Return on Assets-0.43%Miscellaneous Employees2,800 Outstanding Shares30,756,000Market Cap$266.65 million Next Earnings Date11/3/2020 (Estimated) OptionableNot Optionable $8.67 +0.13 (+1.52 %) (As of 09/18/2020 09:56 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ATRO News and Ratings via Email Sign-up to receive the latest news and ratings for ATRO and its competitors with MarketBeat's FREE daily newsletter. Astronics (NASDAQ:ATRO) Frequently Asked Questions How has Astronics' stock price been impacted by Coronavirus? Astronics' stock was trading at $16.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ATRO shares have decreased by 48.0% and is now trading at $8.54. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Astronics? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Astronics. When is Astronics' next earnings date? Astronics is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Astronics. How were Astronics' earnings last quarter? Astronics Co. (NASDAQ:ATRO) released its earnings results on Friday, July, 31st. The aerospace company reported ($0.36) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.31) by $0.05. The aerospace company had revenue of $123.69 million for the quarter, compared to analysts' expectations of $105.24 million. Astronics had a negative net margin of 18.79% and a negative return on equity of 0.93%. View Astronics' earnings history. What guidance has Astronics issued on next quarter's earnings? Astronics updated its FY 2020 Pre-Market earnings guidance on Friday, July, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $500-525 million, compared to the consensus revenue estimate of $498.64 million. What price target have analysts set for ATRO? 3 analysts have issued 12 month target prices for Astronics' stock. Their forecasts range from $6.00 to $38.00. On average, they expect Astronics' share price to reach $17.67 in the next twelve months. This suggests a possible upside of 106.9% from the stock's current price. View analysts' price targets for Astronics. Are investors shorting Astronics? Astronics saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 585,200 shares, an increase of 9.4% from the August 15th total of 534,900 shares. Based on an average daily volume of 340,700 shares, the short-interest ratio is currently 1.7 days. Currently, 2.6% of the company's stock are sold short. View Astronics' Short Interest. Who are some of Astronics' key competitors? Some companies that are related to Astronics include Honeywell International (HON), Lockheed Martin (LMT), Boeing (BA), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Curtiss-Wright (CW), Hexcel (HXL), Aerojet Rocketdyne (AJRD) and Kratos Defense & Security Solutions (KTOS). View all 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), Cisco Systems (CSCO), AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), Weyerhaeuser (WY), Exxon Mobil (XOM), Broadcom (AVGO), Caterpillar (CAT) and IBM (IBM). Who are Astronics' key executives? Astronics' management team includes the following 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) What is Astronics' stock symbol? Astronics trades on the NASDAQ under the ticker symbol "ATRO." Who are Astronics' major shareholders? Astronics' stock is owned by many different institutional and retail investors. Top institutional shareholders include International Value Advisers LLC (8.81%), Paradice Investment Management LLC (4.24%), Assenagon Asset Management S.A. (2.04%), Federated Hermes Inc. (1.93%), Jacobs Levy Equity Management Inc. (1.56%) and Goldman Sachs Group Inc. (0.90%). Company insiders that own Astronics stock include David C Burney, James Mulato, James S Kramer, Jeffry D Frisby, Mark Peabody and Nancy L Hedges. 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 International Value Advisers LLC, State of Wisconsin Investment Board, AQR Capital Management LLC, UBS Group AG, Advisors Asset Management Inc., New York State Common Retirement Fund, Scout Investments Inc., and Paradice Investment Management LLC. View insider buying and selling activity for Astronics. Which institutional investors are buying Astronics stock? ATRO stock was acquired by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Assenagon Asset Management S.A., Jacobs Levy Equity Management Inc., AJO LP, Two Sigma Advisers LP, Baird Financial Group Inc., Marshall Wace LLP, and Charles Schwab Investment Management Inc.. Company insiders that have bought Astronics stock in the last two years include James Mulato, Jeffry D Frisby, and Nancy L Hedges. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Astronics' stock price today? One share of ATRO stock can currently be purchased for approximately $8.54. How big of a company is Astronics? Astronics has a market capitalization of $262.66 million and generates $772.70 million in revenue each year. The aerospace company earns $52.02 million in net income (profit) each year or $0.91 on an earnings per share basis. Astronics employs 2,800 workers across the globe. What is Astronics' official website? The official website for Astronics is 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] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
