Astronics - ATRO Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Astronics in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ATRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ATRO, but not buy additional shares or sell existing shares.
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1 brokerages have issued 12-month price targets for Astronics' shares. Their ATRO share price forecasts range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next year. This suggests that the stock has a possible downside of 45.4%.
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Astronics' stock was trading at $10.30 at the beginning of 2023. Since then, ATRO stock has increased by 42.3% and is now trading at $14.66.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our ATRO earnings forecast.

Astronics Co. (NASDAQ:ATRO) announced its quarterly earnings data on Tuesday, November, 15th. The aerospace company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $0.06. The aerospace company earned $131.44 million during the quarter, compared to analyst estimates of $131.22 million. Astronics had a negative trailing twelve-month return on equity of 18.70% and a negative net margin of 5.55%.

Astronics updated its fourth quarter 2022 earnings guidance on Friday, January, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $155.00 million-$160.00 million, compared to the consensus revenue estimate of $144.11 million.

63 employees have rated Astronics Chief Executive Officer Peter J. Gundermann on Glassdoor.com. Peter J. Gundermann has an approval rating of 60% among the company's employees. This puts Peter J. Gundermann in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 71.0% of employees surveyed would recommend working at Astronics to a friend.

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 Intuitive Surgical (ISRG).

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

Astronics' stock is owned by many different retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.43%), Simplex Trading LLC (0.00%), Cubic Asset Management LLC (0.04%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include James Mulato, Jeffry D Frisby, Nancy L Hedges and Warren C Johnson.
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Shares of ATRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATRO stock can currently be purchased for approximately $14.66.

Astronics (NASDAQ:ATRO) has a market capitalization of $468.97 million and generates $444.91 million in revenue each year. The aerospace company earns $-25,580,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis.

The company employs 2,100 workers across the globe.

Astronics' mailing address is 130 COMMERCE WAY, EAST AURORA NY, 14052. The official website for the company is www.astronics.com. The aerospace company can be reached via phone at (716) 805-1599, via email at invest@astronics.com, or via fax at 716-655-0309.