NASDAQ:ATRO - Astronics Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$35.47 +0.97 (+2.81 %)
(As of 02/22/2019 03:18 AM ET)
Previous Close$34.50
Today's Range$33.33 - $35.51
52-Week Range$27.56 - $46.56
Volume151,400 shs
Average Volume112,317 shs
Market Capitalization$1.15 billion
P/E Ratio28.38
Dividend YieldN/A
Beta1.81
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.

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.

Industry, Sector and Symbol

Industry Aircraft parts & equipment, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorAerospace
Current SymbolNASDAQ:ATRO
CUSIP04643310
CIK8063
Phone716-805-1599

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$624.46 million
Cash Flow$2.3662 per share
Book Value$11.78 per share

Profitability

Net Income$19.67 million

Miscellaneous

Employees2,500
Market Cap$1.15 billion
Next Earnings DateN/A
OptionableNot Optionable

Astronics (NASDAQ:ATRO) Frequently Asked Questions

What is Astronics' stock symbol?

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

How will Astronics' stock buyback program work?

Astronics declared that its Board of Directors has approved a stock buyback program on Monday, December 18th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

How were Astronics' earnings last quarter?

Astronics Co. (NASDAQ:ATRO) posted its quarterly earnings results on Thursday, February, 21st. The aerospace company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.03. The aerospace company had revenue of $202.92 million for the quarter, compared to the consensus estimate of $195.09 million. Astronics had a return on equity of 13.19% and a net margin of 3.71%. The business's revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.18) earnings per share. View Astronics' Earnings History.

What guidance has Astronics issued on next quarter's earnings?

Astronics updated its FY 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $760-805 million, compared to the consensus revenue estimate of $827.51 million.

What price target have analysts set for ATRO?

2 Wall Street analysts have issued 1-year price targets for Astronics' stock. Their forecasts range from $38.00 to $39.00. On average, they expect Astronics' share price to reach $38.50 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Astronics.

What is the consensus analysts' recommendation for Astronics?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astronics.

Has Astronics been receiving favorable news coverage?

News articles about ATRO stock have been trending positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Astronics earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the aerospace company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the stock's share price in the next several days.

Who are some of Astronics' key 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), Constellation Brands (STZ), Cisco Systems (CSCO), Weyerhaeuser (WY), NXP Semiconductors (NXPI), Broadcom (AVGO), Baidu (BIDU), Nike (NKE), Exxon Mobil (XOM) and AbbVie (ABBV).

Who are Astronics' key executives?

Astronics' management team includes the folowing 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)

Who are Astronics' major shareholders?

Astronics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.10%), Dimensional Fund Advisors LP (3.24%), Geode Capital Management LLC (1.13%), Bank of New York Mellon Corp (1.00%), Northern Trust Corp (0.97%) and Millennium Management LLC (0.77%). Company insiders that own Astronics stock include James S Kramer, Mark Peabody, Peter J Gundermann and Robert J Mckenna. 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 Paradice Investment Management LLC, Dimensional Fund Advisors LP, California Public Employees Retirement System, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Victory Capital Management Inc., MetLife Investment Advisors LLC, Northern Trust Corp and ARS Investment Partners LLC. Company insiders that have sold Astronics company stock in the last year include James S Kramer, Mark Peabody and Peter J Gundermann. View Insider Buying and Selling for Astronics.

Which institutional investors are buying Astronics stock?

ATRO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Millennium Management LLC, Reinhart Partners Inc., Geode Capital Management LLC, Mondrian Investment Partners LTD, Intrinsic Edge Capital Management LLC and United Services Automobile Association. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Astronics' stock price today?

One share of ATRO stock can currently be purchased for approximately $35.47.

How big of a company is Astronics?

Astronics has a market capitalization of $1.15 billion and generates $624.46 million in revenue each year. The aerospace company earns $19.67 million in net income (profit) each year or $1.25 on an earnings per share basis. Astronics employs 2,500 workers across the globe.

What is Astronics' official website?

The official website for Astronics is http://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]


MarketBeat Community Rating for Astronics (NASDAQ ATRO)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  307 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  561
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel