NASDAQ:ATROAstronics Stock Price, Forecast & News

Astronics' stock was trading at $16.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ATRO stock has decreased by 41.8% and is now trading at $9.56. View which stocks have been most impacted by Coronavirus.

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.

Astronics is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Astronics.

Astronics Co. (NASDAQ:ATRO) issued its quarterly earnings data 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 12.89% and a positive return on equity of 3.49%. View Astronics' earnings history.

Astronics issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $502.256-540.891 million, compared to the consensus revenue estimate of $506.02 million.

3 Wall Street analysts have issued 1-year target prices for Astronics' stock. Their forecasts range from $6.00 to $38.00. On average, they anticipate Astronics' stock price to reach $18.00 in the next year. This suggests a possible upside of 88.3% from the stock's current price. View analysts' price targets for Astronics.

Press coverage about ATRO stock has been trending negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Astronics earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news 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 near future. View the latest news about Astronics.

Astronics saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 921,400 shares, an increase of 9.1% from the June 15th total of 844,500 shares. Based on an average daily volume of 510,700 shares, the days-to-cover ratio is presently 1.8 days. Approximately 4.0% of the company's stock are sold short. View Astronics' Current Options Chain.

Some companies that are related to Astronics include Boeing (BA), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Hexcel (HXL), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Spirit AeroSystems (SPR). View all competitors.

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."

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 $9.56.

Astronics has a market capitalization of $294.02 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]