Astronics Stock Buy Hold or Sell Recommendation

ATRO -  USA Stock  

USD 10.15  0.36  3.43%

Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Astronics Cp is 'Strong Buy'. 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.
  
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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 Cp.

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 Cp. Macroaxis does not own or have any residual interests in Astronics Cp 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
Strong Buy

Volatility

Somewhat reliableDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Astronics Cp has a Risk Adjusted Performance of (0.19), Jensen Alpha of (0.29), Total Risk Alpha of (0.08) and Treynor Ratio of (0.46)
Our trade advice tool can cross-verify current analyst consensus on Astronics Cp and to analyze the company potential to grow in the current economic cycle. To make sure Astronics is not overpriced, please confirm all Astronics Cp fundamentals, including its revenue, cash flow from operations, current asset, as well as the relationship between the cash per share and beta . Given that Astronics Cp has a price to earning of 8.47 X, we suggest you to validate Astronics Cp 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 Cp generated a negative expected return over the last 90 days
Astronics Cp has high historical volatility and very poor performance
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 Cp currently holds about 29.76 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94.
Roughly 73.0% of the company shares are held by institutions such as insurance companies

Astronics current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Astronics analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Astronics analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price15.73
Target Median Price14.20
Target High Price21.00
Recommendation Mean2.50
Number Of Analyst Opinions3
Target Low Price12.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Astronics Returns Distribution Density

The distribution of Astronics' historical returns is an attempt to chart the future 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 Cp 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 stock.
Mean Return-0.45Value At Risk-3.97
Potential Upside4.64Standard Deviation3.03
 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 Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Astronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astronics Cp backward and forwards among themselves. Astronics' institutional investor refers to the entity that pools money to purchase Astronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Next Century Growth Investors LlcCommon Shares2.2 M28.3 M
Blackrock IncCommon Shares2.1 M27.4 M
Royce Associates LpCommon Shares1.6 M20.7 M
Bares Capital Management IncCommon Shares1.5 M18.9 M
325 Capital LlcCommon Shares1.4 M18 M
Vanguard Group IncCommon Shares1.1 M14.2 M
Dimensional Fund Advisors LpCommon Shares727.7 K9.4 M
Note, although Astronics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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 Industrials 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 stock's 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 DOW
-0.29
β
Beta against DOW1.00
σ
Overall volatility
3.04
Ir
Information ratio -0.1

Astronics Volatility Alert

Astronics Cp exhibits very low volatility with skewness of 0.49 and kurtosis of 1.01. However, we advise investors to further study Astronics Cp technical indicators to make sure 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 bullying 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 Implied Volatility

Astronics' implied volatility exposes the market's sentiment of Astronics Cp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Astronics' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Astronics stock will not fluctuate a lot when Astronics' options are near their expiration.

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(9.71) %(0.31) %
Return On Asset(4.08) %(0.14) %
Profit Margin(5.75) %(1.27) %
Operating Margin(9.01) %(5.51) %
Current Valuation457.56 M16.62 B
Shares Outstanding25.08 M571.82 M
Shares Owned by Insiders3.84 %10.09 %
Shares Owned by Institutions73.38 %39.21 %
Number of Shares Shorted407.74 K4.71 M
Price to Earning8.47 X28.72 X
Price to Book1.35 X9.51 X
Price to Sales0.75 X11.42 X
Revenue444.91 M9.43 B
Gross Profit54.9 M27.38 B
EBITDA(11.06 M)3.9 B
Net Income(25.58 M)570.98 M
Cash and Equivalents29.76 M2.7 B
Cash per Share0.94 X5.01 X
Total Debt181.87 M5.32 B
Debt to Equity0.71 %48.70 %
Current Ratio2.87 X2.16 X
Book Value Per Share8.00 X1.93 K
Cash Flow from Operations(5.53 M)971.22 M
Short Ratio3.63 X4.00 X
Earnings Per Share(1.53) X3.12 X
Price to Earnings To Growth1.68 X4.89 X
Number of Employees2.1 K18.84 K
Beta1.76-0.15
Market Capitalization335.48 M19.03 B
Total Asset609.24 M29.47 B
Retained Earnings347.99 M9.33 B
Working Capital145.74 M1.48 B
Current Asset249.97 M9.34 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.
Accumulation Distribution8656.07
Daily Balance Of Power(0.37)
Rate Of Daily Change0.97
Day Median Price10.39
Day Typical Price10.31
Market Facilitation Index0.0
Price Action Indicator(0.42)

About Astronics Buy or Sell Advice

When is the right time to buy or sell Astronics Cp? 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 stock 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. Although Astronics investors may find it confusing at the beginning, 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 M83.75 M83.22 M
Inventories145.79 M157.06 M141.35 M118.44 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.

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Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 36 constituents.
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 Social Domain 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. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.