Astronics Stock Today

ATRO
 Stock
  

USD 10.60  0.20  1.92%   

Market Performance
6 of 100
Odds Of Distress
Less than 21
Astronics is selling for 10.60 as of the 8th of December 2022. This is a 1.92 percent up since the beginning of the trading day. The stock's open price was 10.4. Astronics has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Astronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of December 2020 and ending today, the 8th of December 2022. Click here to learn more.
CUSIP
046433207
Fiscal Year End
December
Business Domain
Capital Goods
IPO Date
7th of September 1984
Category
Industrials
Classification
Industrials
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company was incorporated in 1968 and is headquartered in East Aurora, New York. The company has 25.85 M outstanding shares of which 388.45 K shares are presently shorted by private and institutional investors with about 3.57 trading days to cover. More on Astronics

Astronics 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. Astronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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
Latest headline from news.google.com: Dow Drops 100 Points US Trade Deficit Widens In October - Azure Power Global , Astronics NAS - Benzinga
CEOPeter Gundermann
Thematic IdeaMilitary Industrial (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Astronics report their recommendations after researching Astronics' financial statements, talking to executives and customers, or listening in on Astronics' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Astronics. The Astronics consensus assessment is calculated by taking the average forecast from all of the analysts covering Astronics.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Astronics 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 Astronics 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.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted29.8 M31.1 M
Sufficiently Down
Increasing
Stable
Weighted Average Shares29.4 M31.1 M
Notably Down
Increasing
Slightly volatile
Return on Average Assets(4.27)(4.1628)
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations(5.7 M)(5.5 M)
Fairly Down
Decreasing
Stable
Current Liabilities99.7 M118.6 M
Fairly Down
Increasing
Slightly volatile
Total Liabilities303.2 M352.5 M
Fairly Down
Increasing
Slightly volatile
Gross Margin21.214.6914
Way Up
Decreasing
Slightly volatile
Total Debt193.6 M181.8 M
Notably Up
Increasing
Slightly volatile
Asset Turnover1.010.7241
Significantly Up
Decreasing
Slightly volatile
Current Assets282.3 M339.9 M
Significantly Down
Increasing
Slightly volatile
Total Assets542.6 M609.1 M
Fairly Down
Increasing
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 Astronics' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Astronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Astronics' 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 Astronics' financial leverage. It provides some insight into what part of Astronics' 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 Astronics' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Astronics deploys its capital and how much of that capital is borrowed.
Liquidity
Astronics 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 163 M in liabilities with Debt to Equity (D/E) ratio of 0.61, which is about average as compared to similar companies. Astronics has a current ratio of 2.55, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Astronics until it has trouble settling it off, either with new capital or with free cash flow. So, Astronics' 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 Astronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astronics to invest in growth at high rates of return. When we think about Astronics' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(5.68 Million)
Astronics (ATRO) is traded on NASDAQ Exchange in USA and employs 2,100 people. Astronics is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 331.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astronics's market, we take the total number of its shares issued and multiply it by Astronics'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 those looking for more risk prefer small-cap and mid-cap equities. Astronics conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 25.85 M outstanding shares of which 388.45 K shares are presently shorted by private and institutional investors with about 3.57 trading days to cover. 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.
Check Astronics Probability Of Bankruptcy
Ownership
Astronics retains a total of 25.85 Million outstanding shares. The majority of Astronics outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Astronics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Astronics. Please pay attention to any change in the institutional holdings of Astronics as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Astronics Ownership Details

Astronics Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Astronics jumping above the current price in 90 days from now is near 1%. The Astronics probability density function shows the probability of Astronics stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5343. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Astronics will likely underperform. Additionally, the company has an alpha of 0.3143, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.6HorizonTargetOdds Above 10.6
99.98%90 days
 10.60 
0.02%
Based on a normal probability distribution, the odds of Astronics to move above the current price in 90 days from now is near 1 (This Astronics probability density function shows the probability of Astronics Stock to fall within a particular range of prices over 90 days) .

Astronics Historical Income Statement

Astronics Income Statement is one of the three primary financial statements used for reporting Astronics's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Astronics revenue and expense. Astronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Astronics Cost of Revenue is quite stable at the moment as compared to the past year. The company's current value of Cost of Revenue is estimated at 441.89 Million. Gross Profit is expected to rise to about 67.1 M this year, although the value of Direct Expenses will most likely fall to about 366.4 M. View More Fundamentals

Astronics Stock Against Markets

Picking the right benchmark for Astronics 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 Astronics 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 Astronics is critical whether you are bullish or bearish towards Astronics at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Astronics without increasing your portfolio risk or giving up the 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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Astronics Corporate Directors

Astronics corporate directors refer to members of an Astronics board of directors. The board of directors generally takes responsibility for the Astronics' 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 Astronics' board members must vote for the resolution. The Astronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert McKenna - Independent DirectorProfile
Robert Brady - Independent DirectorProfile
Neil Kim - Independent DirectorProfile
Mark Moran - Independent DirectorProfile

Invested in Astronics?

The danger of trading Astronics 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 Astronics 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 Astronics. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astronics 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. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Astronics price analysis, check to measure Astronics' 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 Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
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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
331.3 M
Quarterly Revenue Growth YOY
0.175
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.