Astronics Earnings Estimate

ATRO -  USA Stock  

USD 10.15  0.36  3.43%

Many public companies, such as Astronics, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Astronics' earnings estimates, investors can diagnose different trends across Astronics' analyst sentiment over time as well as compare current estimates against different timeframes.
Astronics is projected to generate -0.87 in earnings per share on the 31st of December 2021. Astronics earnings estimates module stress-tests analyst consensus about projected Astronics Cp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please continue to Trending Equities.
  
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Gross Profit is expected to rise to about 67.1 M this year, although the value of Profit Margin will most likely fall to (0.06) .

Astronics Earnings Estimation Breakdown

Calculation of earning per share of Astronics Cp is based on official Zacks consensus of 1 analysts regarding Astronics future annual earnings. Given the historical accuracy of 75.0%, the future earnings per share of Astronics is estimated to be -0.87 with the lowest and highest values of -0.97 and -0.76, respectively. Please note that this consensus of annual earnings estimates for Astronics Cp is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -1.53
-0.97
Lowest
Expected EPS -0.87
-0.76
Highest

Astronics Earnings Projection Consensus

Suppose the current estimates of Astronics' value are higher than the current market price of the Astronics stock. In this case, investors may conclude that Astronics is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Astronics' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

1

75.0%

-1.53

-0.87

Astronics Earnings History

Earnings estimate consensus by Astronics Cp analysts from Wall Street is used by the market to judge Astronics' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Astronics' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Astronics Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

15.17 Million

Share
Astronics Accumulated Retained Earnings Deficit are quite stable at the moment as compared to the past year. The company's current value of Accumulated Retained Earnings Deficit is estimated at 299.11 Million. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to rise to about 14.4 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (20.7 M). Astronics Weighted Average Shares Diluted is quite stable at the moment as compared to the past year. The company's current value of Weighted Average Shares Diluted is estimated at 28.12 Million. Issuance Purchase of Equity Shares is expected to rise to about 3.7 M this year, although the value of Weighted Average Shares will most likely fall to about 30 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Astronics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.2910.3313.37
Details
Intrinsic
Valuation
LowReal ValueHigh
8.9511.9915.03
Details
Naive
Forecast
LowNext ValueHigh
6.789.8312.87
Details
2 Analysts
Consensus
LowTarget PriceHigh
14.0016.5019.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astronics. Your research has to be compared to or analyzed against Astronics' peers to derive any actionable benefits. When done correctly, Astronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astronics Cp.
Note that many institutional investors and large investment bankers can move markets due to the volume of Astronics assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Astronics. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Astronics stock price in the short term.

Astronics Earnings per Share Projection vs Actual

Actual Earning per Share of Astronics refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Astronics Cp predict the company's earnings will be in the future. The higher the earnings per share of Astronics, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Astronics Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Astronics, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Astronics should always be considered in relation to other companies to make a more educated investment decision.

Astronics Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Astronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-05-06
2022-03-310.07-0.1-0.17242 
2022-03-02
2021-12-31-0.03-0.19-0.16533 
2021-11-08
2021-09-30-0.1633-0.23-0.066740 
2021-08-06
2021-06-30-0.18-0.26-0.0844 
2021-05-06
2021-03-31-0.105-0.39-0.285271 
2021-02-23
2020-12-31-0.115-0.65-0.535465 
2020-10-30
2020-09-30-0.245-0.170.07530 
2020-07-31
2020-06-30-0.31-0.77-0.46148 
2020-05-06
2020-03-31-0.0275-2.17-2.14257790 
2020-02-26
2019-12-31-0.6825-1.1-0.417561 
2019-11-05
2019-09-300.22830.04-0.188382 
2019-08-05
2019-06-300.3540.2-0.15443 
2019-05-08
2019-03-310.322.352.03634 
2019-02-21
2018-12-310.32330.370.046714 
2018-11-05
2018-09-300.47780.520.0422
2018-08-03
2018-06-300.33390.42610.092227 
2018-05-09
2018-03-310.31090.0957-0.215269 
2018-02-26
2017-12-310.3165-0.1739-0.4904154 
2017-11-07
2017-09-300.29780.1826-0.115238 
2017-08-02
2017-06-300.36170.2261-0.135637 
2017-05-04
2017-03-310.27830.33040.052118 
2017-02-17
2016-12-310.37970.287-0.092724 
2016-11-08
2016-09-300.41150.3565-0.05513 
2016-08-03
2016-06-300.36140.4310.069619 
2016-05-04
2016-03-310.39020.3327-0.057514 
2016-02-17
2015-12-310.43350.4008-0.0327
2015-11-10
2015-09-300.790.820.03
2015-08-05
2015-06-300.590.58-0.01
2015-05-12
2015-03-310.630.36-0.2742 
2015-02-19
2014-12-310.550.70.1527 
2014-11-04
2014-09-300.640.650.01
2014-07-30
2014-06-300.330.440.1133 
2014-05-07
2014-03-310.320.25-0.0721 
2014-02-13
2013-12-310.280.21-0.0725 
2013-11-05
2013-09-300.240.250.01
2013-07-31
2013-06-300.290.21-0.0827 
2013-05-06
2013-03-310.270.350.0829 
2013-02-05
2012-12-310.230.230
2012-11-06
2012-09-300.270.21-0.0622 
2012-08-07
2012-06-300.30.25-0.0516 
2012-05-01
2012-03-310.280.290.01
2012-02-06
2011-12-310.250.330.0832 
2011-11-03
2011-09-300.240.330.0937 
2011-08-09
2011-06-300.240.22-0.02
2011-05-04
2011-03-310.180.260.0844 
2011-02-08
2010-12-310.190.220.0315 
2010-11-04
2010-09-300.130.230.176 
2010-07-29
2010-06-300.110.130.0218 
2010-05-05
2010-03-310.050.180.13260 
2010-02-09
2009-12-310.060.140.08133 
2009-11-05
2009-09-300.080.130.0562 
2009-07-30
2009-06-300.120.1-0.0216 
2009-05-04
2009-03-310.170.07-0.158 
2009-02-12
2008-12-310.18-0.01-0.19105 
2008-10-30
2008-09-300.190.13-0.0631 
2008-08-01
2008-06-300.140.270.1392 
2008-05-01
2008-03-310.190.14-0.0526 
2008-02-14
2007-12-310.140.11-0.0321 
2007-11-02
2007-09-300.120.220.183 
2007-08-02
2007-06-300.110.240.13118 
2007-05-08
2007-03-310.10.260.16160 
2007-03-13
2006-12-31None0.0955None
2006-11-09
2006-09-30None0.2315None
2006-08-03
2006-06-30None0.245None
2006-05-11
2006-03-31None0.1486None
2006-02-09
2005-12-31None0.1299None
2005-11-08
2005-09-30None0.0976None
2005-08-04
2005-06-30None0.0246None
2005-04-27
2005-03-31None0.0771None
2005-02-10
2004-12-31None-0.08None
2004-10-28
2004-09-30None-0.0463None
2004-07-22
2004-06-30None0.0073None
2004-04-28
2004-03-31None0.0289None
2004-01-29
2003-12-31None0.0718None
2003-03-31
2003-03-31None0.0704None
2001-03-31
2001-03-31None0.1804None
2000-03-31
2000-03-31None0.1689None

About Astronics Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Astronics earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Astronics estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Astronics fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit287.2 M299.1 M
Earning Before Interest and Taxes EBIT-20.2 M-20.7 M
Earnings per Basic Share(0.82) (0.84) 
Earnings per Diluted Share(0.82) (0.84) 
Price to Earnings Ratio(14.63) (15.02) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA14 M14.4 M
Earnings before Tax-27 M-27.7 M
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. Astronics operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people.

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 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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Pair Trading with Astronics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astronics will appreciate offsetting losses from the drop in the long position's value.

Astronics Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astronics Cp to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics Cp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Astronics Cp information on this page should be used as a complementary analysis to other Astronics' 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.
The market value of Astronics Cp 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.