NASDAQ:ATROAstronics Stock Price, Forecast & News

Astronics' stock was trading at $16.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ATRO stock has decreased by 34.9% and is now trading at $10.69.
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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."
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Astronics is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
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Astronics Co. (NASDAQ:ATRO) posted its quarterly earnings results on Wednesday, May, 6th. The aerospace company reported ($2.17) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $2.10. The aerospace company had revenue of $157.58 million for the quarter, compared to analyst estimates of $129.52 million. Astronics had a negative net margin of 18.79% and a negative return on equity of 0.93%.
View Astronics' earnings history.

Astronics updated its FY 2020 Pre-Market earnings guidance on Friday, July, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $500-525 million, compared to the consensus revenue estimate of $498.64 million.

3 analysts have issued 12 month target prices for Astronics' shares. Their forecasts range from $6.00 to $38.00. On average, they anticipate Astronics' share price to reach $17.67 in the next year. This suggests a possible upside of 65.3% from the stock's current price.
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News articles about ATRO stock have trended very negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Astronics earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned headlines about the aerospace company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about Astronics.

Astronics saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 723,500 shares, a decrease of 15.8% from the July 15th total of 859,700 shares. Based on an average daily volume of 457,900 shares, the short-interest ratio is currently 1.6 days. Currently, 3.2% of the company's stock are short sold.
View Astronics' Short Interest.

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), Aerojet Rocketdyne (AJRD), Hexcel (HXL) and Kratos Defense & Security Solutions (KTOS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Weyerhaeuser (WY), Skyworks Solutions (SWKS), Verizon Communications (VZ), AbbVie (ABBV), AeroVironment (AVAV), Cisco Systems (CSCO), Las Vegas Sands (LVS), Domtar (UFS), Exxon Mobil (XOM) and Broadcom (AVGO).

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

Astronics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Paradice Investment Management LLC (4.24%), Assenagon Asset Management S.A. (2.04%), Scout Investments Inc. (0.67%), Russell Investments Group Ltd. (0.43%), Swiss National Bank (0.17%) and Trexquant Investment LP (0.14%). 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.

ATRO stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, New York State Common Retirement Fund, Scout Investments Inc., and Paradice Investment Management LLC.
View insider buying and selling activity for Astronics.

ATRO stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Trexquant Investment LP, Russell Investments Group Ltd., Swiss National Bank, SG Americas Securities LLC, and Stone Ridge Asset Management LLC. 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.

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 $10.69.

Astronics has a market capitalization of $328.72 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.

The official website for Astronics is 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]