Astronics Stock Price, News & Analysis (NASDAQ:ATRO)

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

Astronics declared that its Board of Directors has authorized a share repurchase plan on Monday, December 18th 2017, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Astronics Co. (NASDAQ:ATRO) issued its quarterly earnings data on Monday, August, 5th. The aerospace company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.16. The aerospace company had revenue of $189.10 million for the quarter, compared to analyst estimates of $188.80 million. Astronics had a net margin of 14.07% and a return on equity of 12.24%. Astronics's revenue was down 9.3% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. View Astronics' Earnings History.

Astronics is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Astronics.

Astronics issued an update on its FY 2019 earnings guidance on Monday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $740-775 million.

4 analysts have issued 12 month price targets for Astronics' shares. Their predictions range from $26.00 to $42.00. On average, they anticipate Astronics' share price to reach $36.50 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets for Astronics.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astronics.

News headlines about ATRO stock have trended negative on Monday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring 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 five, with scores nearest to five being the most favorable. Astronics earned a news impact score of -2.4 on InfoTrie's scale. They also gave media coverage about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Astronics.

Astronics saw a increase in short interest in September. As of September 30th, there was short interest totalling 947,800 shares, an increase of 25.5% from the August 30th total of 755,200 shares. Based on an average daily volume of 311,600 shares, the short-interest ratio is presently 3.0 days. Approximately 3.9% of the shares of the company are sold short. View Astronics' Current Options Chain.

Some companies that are related to Astronics include TransDigm Group (TDG), Rockwell Collins (COL), Spirit AeroSystems (SPR), Elbit Systems (ESLT), Nabtesco (NCTKF), Senior (SNIRF) and Ducommun (DCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Skyworks Solutions (SWKS), Weyerhaeuser (WY), Baidu (BIDU), Ctrip.Com International (CTRP), AeroVironment (AVAV), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), Honda Motor (HMC), Twilio (TWLO) and Align Technology (ALGN).

Astronics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.63%) and Roubaix Capital LLC (0.39%). Company insiders that own Astronics stock include David C Burney, James S Kramer, Mark Peabody, Nancy L Hedges, Peter J Gundermann and Robert J Mckenna. View Institutional Ownership Trends for Astronics.

ATRO stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc.. Company insiders that have sold Astronics company stock in the last year include David C Burney, James S Kramer and Mark Peabody. View Insider Buying and Selling for Astronics.

ATRO stock was purchased by a variety of institutional investors in the last quarter, including Roubaix Capital LLC. 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 $29.41.

Astronics has a market capitalization of $960.82 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]