NASDAQ:ATRO - Astronics Stock Price, Forecast & News

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

Astronics Co. (NASDAQ:ATRO) issued its quarterly earnings results on Wednesday, February, 26th. The aerospace company reported $0.19 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.03. The aerospace company earned $198.41 million during the quarter, compared to the consensus estimate of $198 million. Astronics had a net margin of 12.68% and a return on equity of 7.98%. View Astronics' Earnings History.

Astronics is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Astronics.

Astronics issued an update on its first quarter 2020 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $155-165 million, compared to the consensus revenue estimate of $174.33 million.

3 analysts have issued 12-month price targets for Astronics' stock. Their forecasts range from $19.00 to $42.00. On average, they expect Astronics' stock price to reach $33.00 in the next year. This suggests a possible upside of 67.6% from the stock's current price. View Analyst Price Targets for Astronics.

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astronics.

News stories about ATRO stock have trended negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Astronics earned a daily sentiment score of -2.7 on InfoTrie's scale. They also assigned news stories 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 company's share price in the next few days. View News Stories for Astronics.

Astronics saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 893,400 shares, an increase of 32.3% from the January 30th total of 675,500 shares. Based on an average daily trading volume, of 213,300 shares, the short-interest ratio is currently 4.2 days. Currently, 3.9% of the shares of the company are short sold. View Astronics' Current Options Chain.

Some companies that are related to Astronics include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR) and Hexcel (HXL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Astronics investors own include Weyerhaeuser (WY), Skyworks Solutions (SWKS), Domtar (UFS), AeroVironment (AVAV), Cisco Systems (CSCO), Pattern Energy Group (PEGI), AbbVie (ABBV), Las Vegas Sands (LVS), Exxon Mobil (XOM) and AlarmCom (ALRM).

Astronics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.03%), Paradice Investment Management LLC (2.99%), Bank of New York Mellon Corp (2.05%), NWQ Investment Management Company LLC (1.78%), Royce & Associates LP (1.51%) and Geode Capital Management LLC (1.28%). Company insiders that own Astronics stock include David C Burney, James S Kramer, Mark Peabody, Nancy L Hedges and Peter J Gundermann. View Institutional Ownership Trends for Astronics.

ATRO stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Schonfeld Strategic Advisors LLC, AQR Capital Management LLC, Marshall Wace North America L.P., Roubaix Capital LLC, Charles Schwab Investment Management Inc., Citigroup Inc. and Geode Capital Management LLC. Company insiders that have sold Astronics company stock in the last year include David C Burney and Mark Peabody. View Insider Buying and Selling for Astronics.

ATRO stock was acquired by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Royce & Associates LP, Reinhart Partners Inc., Barclays PLC, Barrow Hanley Mewhinney & Strauss LLC, First Trust Advisors LP, Renaissance Technologies LLC and NWQ Investment Management Company 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 $19.69.

Astronics has a market capitalization of $607.87 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]