NASDAQ:ATROAstronics Stock Price, Forecast & News

Astronics' stock was trading at $16.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ATRO stock has decreased by 30.6% and is now trading at $11.41. 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) announced its quarterly earnings data on Wednesday, May, 6th. The aerospace company reported ($2.17) earnings per share for the quarter, missing the Zacks' 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 brokerages have issued 12 month price targets for Astronics' shares. Their forecasts range from $6.00 to $38.00. On average, they expect Astronics' stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 57.8% from the stock's current price. View analysts' price targets for Astronics.

Press coverage about ATRO stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Astronics earned a news sentiment score of -3.1 on InfoTrie's scale. They also gave media headlines about the aerospace company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutAstronics.

Astronics saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 700,100 shares, an increase of 29.7% from the April 30th total of 539,900 shares. Based on an average daily trading volume, of 384,500 shares, the days-to-cover ratio is presently 1.8 days. Approximately 3.1% of the company's stock are sold short. View Astronics' Current Options Chain.

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

Astronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include International Value Advisers LLC (12.30%), BlackRock Inc. (6.18%), Wellington Management Group LLP (5.56%), Paradice Investment Management LLC (4.25%), Paradice Investment Management LLC (4.25%) and State Street Corp (3.91%). Company insiders that own Astronics stock include David C Burney, James Mulato, James S Kramer, Jeffry D Frisby, 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 Bank of New York Mellon Corp, BlackRock Inc., Deutsche Bank AG, Morgan Stanley, State Street Corp, Nuveen Asset Management LLC, AQR Capital Management LLC, and Wellington Management Group LLP. Company insiders that have sold Astronics company stock in the last year include David C Burney, and Mark Peabody. View insider buying and selling activity for Astronics.

ATRO stock was acquired by a variety of institutional investors in the last quarter, including International Value Advisers LLC, Principal Financial Group Inc., Paradice Investment Management LLC, Paradice Investment Management LLC, Mondrian Investment Partners LTD, Assenagon Asset Management S.A., Two Sigma Investments LP, and JPMorgan Chase & Co.. Company insiders that have bought Astronics stock in the last two years include James Mulato, Jeffry D Frisby, and Nancy L Hedges. View insider buying and selling activity 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 $11.41.

Astronics has a market capitalization of $350.91 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]