Astrotech Stock Today

ASTC
 Stock
  

USD 0.44  0.01  2.33%   

Market Performance
0 of 100
Odds Of Distress
Less than 33
Astrotech Corp is trading at 0.44 as of the 2nd of July 2022, a 2.33 percent up since the beginning of the trading day. The stock's open price was 0.43. Astrotech Corp has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Astrotech Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of May 2022 and ending today, the 2nd of July 2022. Click here to learn more.
CUSIP
046484101
Fiscal Year End
June
Business Domain
Capital Goods
IPO Date
20th of December 1995
Category
Industrials
Classification
Industrials
ISIN
US0464842006
Astrotech Corporation operates as a science and technology development and commercialization company worldwide. Astrotech Corporation was incorporated in 1984 is based in Austin, Texas. Astrotech Corp operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. The company has 49.51 M outstanding shares of which 102.9 K shares are presently shorted by private and institutional investors with about 0.57 trading days to cover. More on Astrotech Corp

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Astrotech Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Astrotech Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astrotech Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Astrotech Corp generated a negative expected return over the last 90 days
Astrotech Corp has some characteristics of a very speculative penny stock
Astrotech Corp has high historical volatility and very poor performance
Astrotech Corp was previously known as SPDR Aggregate Bond and was traded on NYSEArca Exchange under the symbol SPAB.
The company reported the previous year's revenue of 812 K. Net Loss for the year was (8.08 M) with profit before overhead, payroll, taxes, and interest of 36 K.
Astrotech Corp currently holds about 57.28 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Astrotech Corp has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Astrotech Appoints Jim Becker to Board of Directors - Yahoo Finance
Older SymbolSPAB
Chairman of the Board, CEOThomas Pickens
Thematic IdeaMeasuring and Control (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Astrotech Corp report their recommendations after researching Astrotech Corp's financial statements, talking to executives and customers, or listening in on Astrotech Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Astrotech Corp. The Astrotech consensus assessment is calculated by taking the average forecast from all of the analysts covering Astrotech Corp.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Astrotech Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Astrotech Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares27.3 M25.3 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted27.3 M25.3 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations(7.2 M)(6.7 M)
Significantly Down
Decreasing
Slightly volatile
Total Assets63.7 M59.1 M
Significantly Up
Decreasing
Very volatile
Total LiabilitiesMM
Fairly Up
Decreasing
Slightly volatile
Current Assets80.8 M74.9 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities4.1 M3.8 M
Notably Up
Decreasing
Slightly volatile
Total Debt3.5 M2.5 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets(0.24)(0.22)
Significantly Down
Decreasing
Slightly volatile
Gross Margin0.09970.0972
Fairly Up
Decreasing
Slightly volatile
Asset Turnover0.01020.0099
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Astrotech Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Astrotech Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Astrotech Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Astrotech Corp's financial leverage. It provides some insight into what part of Astrotech Corp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Astrotech Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Astrotech Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Astrotech Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.15 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Astrotech Corp has a current ratio of 24.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Astrotech Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Astrotech Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astrotech Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astrotech to invest in growth at high rates of return. When we think about Astrotech Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(7.2 Million)Share
Astrotech Corp (ASTC) is traded on NASDAQ Exchange in USA. It is located in 2105 Donley Drive and employs 12 people. Astrotech Corp was previously known as SPDR Aggregate Bond and was traded on NYSEArca Exchange under the symbol SPAB. Astrotech Corp is listed under Measuring and Control category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 21.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astrotech Corp's market, we take the total number of its shares issued and multiply it by Astrotech Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Astrotech Corp conducts business under Industrials sector and is part of Aerospace & Defense industry. The entity has 49.51 M outstanding shares of which 102.9 K shares are presently shorted by private and institutional investors with about 0.57 trading days to cover. Astrotech Corp currently holds about 57.28 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Astrotech Corp Probability Of Bankruptcy
Ownership
Astrotech Corp holds a total of fourty-nine million five hundred ten thousand outstanding shares. Astrotech Corp shows 9.82 percent if its outstanding shares held by insiders and 9.82 percent owned by other corporate entities . Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Astrotech Ownership Details

Astrotech Stock Price Odds Analysis

What are Astrotech Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Astrotech Corp jumping above the current price in 90 days from now is about 90.03%. The Astrotech Corp probability density function shows the probability of Astrotech Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Astrotech Corp has a beta of 0.1845. This suggests as returns on the market go up, Astrotech Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Astrotech Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Astrotech Corp is significantly underperforming DOW.
  Odds Below 0.44HorizonTargetOdds Above 0.44
9.92%90 days
 0.44 
90.03%
Based on a normal probability distribution, the odds of Astrotech Corp to move above the current price in 90 days from now is about 90.03 (This Astrotech Corp probability density function shows the probability of Astrotech Stock to fall within a particular range of prices over 90 days) .

Astrotech Corp Historical Income Statement

Astrotech Corp Income Statement is one of the three primary financial statements used for reporting Astrotech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Astrotech Corp revenue and expense. Astrotech Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Astrotech Corp Cost of Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Cost of Revenue was at 268,200. The current year Gross Profit is expected to grow to about 33.3 K, whereas Consolidated Income is forecasted to decline to (7.4 M). View More Fundamentals

Astrotech Stock Against Markets

Picking the right benchmark for Astrotech Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Astrotech Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Astrotech Corp is critical whether you are bullish or bearish towards Astrotech Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Astrotech Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Astrotech Corp Corporate Directors

Astrotech Corp corporate directors refer to members of an Astrotech Corp board of directors. The board of directors generally takes responsibility for the Astrotech Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Astrotech Corp's board members must vote for the resolution. The Astrotech Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Readdy - Independent DirectorProfile
Mark Adams - Independent DirectorProfile
ShaChelle Manning - Independent DirectorProfile
John Oliva - Independent DirectorProfile

Investing Astrotech Corp

You need to understand the risk of investing before taking a position in Astrotech Corp. The danger of trading Astrotech Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Astrotech Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Astrotech Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astrotech Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Astrotech Corp information on this page should be used as a complementary analysis to other Astrotech Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Astrotech Corp price analysis, check to measure Astrotech Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astrotech Corp is operating at the current time. Most of Astrotech Corp's value examination focuses on studying past and present price action to predict the probability of Astrotech Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astrotech Corp's price. Additionally, you may evaluate how the addition of Astrotech Corp to your portfolios can decrease your overall portfolio volatility.
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Is Astrotech Corp's 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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
21.7 M
Quarterly Revenue Growth YOY
0.8
Return On Assets
-0.11
Return On Equity
-0.19
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp's 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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp's 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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Astrotech Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp's 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.