Astronics Stock Buy Hold or Sell Recommendation

ATRO
 Stock
  

USD 8.71  0.31  3.69%   

Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Astronics is 'Hold'. Macroaxis provides Astronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATRO positions. The advice algorithm takes into account all of Astronics' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Astronics' buy-and-hold perspective. Please continue to Astronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Astronics and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Astronics.

Execute Astronics Buy or Sell Advice

The Astronics recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Astronics. Macroaxis does not own or have any residual interests in Astronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Astronics' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AstronicsBuy Astronics
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Astronics has a Risk Adjusted Performance of (0.041387), Jensen Alpha of (0.27), Total Risk Alpha of (0.35) and Treynor Ratio of (0.09)
We provide trade advice to complement the prevailing expert consensus on Astronics. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Astronics is not overpriced, please confirm all Astronics fundamentals, including its cash flow from operations, working capital, and the relationship between the cash per share and number of employees . Given that Astronics has a price to earning of 8.47 X, we suggest you to validate Astronics market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Astronics Trading Alerts and Improvement Suggestions

Astronics has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 444.91 M. Net Loss for the year was (25.58 M) with profit before overhead, payroll, taxes, and interest of 54.9 M.
Astronics currently holds about 10.68 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Astronics has a poor financial position based on the latest SEC disclosures
Roughly 72.0% of the company shares are held by institutions such as insurance companies

Astronics Returns Distribution Density

The distribution of Astronics' historical returns is an attempt to chart the uncertainty of Astronics' future price movements. The chart of the probability distribution of Astronics stock daily returns describes the distribution of returns around its average expected value. We use Astronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Astronics returns is essential to provide solid investment advice for Astronics.
Mean Return-0.14Value At Risk-6.7
Potential Upside6.23Standard Deviation4.42
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Astronics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Astronics Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(13.48 M)(16.32 M)(12.08 M)(7.46 M)(6.03 M)(6.51 M)
Depreciation Amortization and Accretion27.06 M35.03 M37.26 M36.35 M34.2 M32.27 M
Net Cash Flow or Change in Cash and Cash Equivalents13 K(1.29 M)15.28 M8.51 M(10.65 M)(10.94 M)
Issuance Purchase of Equity Shares(13.8 M)(32.38 M)(51.33 M)(7.07 M)3.4 M3.66 M
Issuance Repayment of Debt Securities123.37 M(37.82 M)(40.85 M)(17.15 M)(10.9 M)(11.19 M)
Net Cash Flow from Financing91.42 M(36.13 M)(92.18 M)(24.58 M)(7.5 M)(7.7 M)
Net Cash Flow from Investing(129.56 M)(19.67 M)64.63 M(5.8 M)3.18 M3.43 M
Net Cash Flow from Operations37.78 M54.88 M42.69 M37.34 M(5.53 M)(5.68 M)
Effect of Exchange Rate Changes on Cash366 K(372 K)147 K1.54 M(799 K)(820.03 K)
Share Based Compensation2.6 M3.1 M3.84 M5.18 M6.46 M6.97 M

Astronics Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Astronics or Aerospace & Defense sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Astronics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Astronics stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.27
β
Beta against NYSE Composite1.72
σ
Overall volatility
4.45
Ir
Information ratio -0.05

Astronics Volatility Alert

Astronics exhibits very low volatility with skewness of -0.51 and kurtosis of 2.59. However, we advise investors to further study Astronics technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astronics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Astronics Fundamentals Vs Peers

Comparing Astronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Astronics' direct or indirect competition across all of the common fundamentals between Astronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Astronics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Astronics to competition
FundamentalsAstronicsPeer Average
Return On Equity(0.11) %(0.31) %
Return On Asset(0.0441) %(0.14) %
Profit Margin(0.06) %(1.27) %
Operating Margin(0.09) %(5.51) %
Current Valuation437.18 M16.62 B
Shares Outstanding25.85 M571.82 M
Shares Owned by Insiders1.95 %10.09 %
Shares Owned by Institutions72.25 %39.21 %
Number of Shares Shorted388.45 K4.71 M
Price to Earning8.47 X28.72 X
Price to Book1.13 X9.51 X
Price to Sales0.52 X11.42 X
Revenue444.91 M9.43 B
Gross Profit54.9 M27.38 B
EBITDA8.85 M3.9 B
Net Income(25.58 M)570.98 M
Cash and Equivalents10.68 M2.7 B
Cash per Share0.33 X5.01 X
Total Debt163 M5.32 B
Debt to Equity0.61 %48.70 %
Current Ratio2.60 X2.16 X
Book Value Per Share7.37 X1.93 K
Cash Flow from Operations(5.53 M)971.22 M
Short Ratio3.57 X4.00 X
Earnings Per Share(0.54) X3.12 X
Price to Earnings To Growth1.46 X4.89 X
Target Price11.13
Number of Employees2.1 K18.84 K
Beta1.72-0.15
Market Capitalization257.96 M19.03 B
Total Asset609.14 M29.47 B
Retained Earnings347.99 M9.33 B
Working Capital145.74 M1.48 B
   Astronics exotic insider transaction detected [view details]

Astronics Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Astronics . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Astronics Buy or Sell Advice

When is the right time to buy or sell Astronics? Buying financial instruments such as Astronics Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables148 M93.06 M107.44 M96.2 M
Inventories145.79 M157.06 M157.58 M128.84 M

Use Investing Ideas to Build Portfolios

In addition to having Astronics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Precious Metals Thematic Idea Now

Precious Metals
Precious Metals Theme
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Theme or any other thematic opportunities.
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Please continue to Astronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Astronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.93) 
Market Capitalization
258 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
(0.0441) 
Return On Equity
(0.11) 
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astronics' market value can be influenced by many factors that don't directly affect Astronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Astronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.