Robert McKenna - Astronics Independent Director

ATRO -  USA Stock  

USD 10.15  0.36  3.43%

  Director
Mr. Robert J. McKenna is an Independent Director of Astronics Corporationrationration. Mr. McKenna was President and Chief Executive Officer of Wenger Corporationrationration, a manufacturer of facility products for performing arts and education markets from 2001 through his retirement in 2005. From 1994 to 2001, Mr. McKenna was Chairman of the Board, President and Chief Executive Officer of Acme Electric Corporationrationration, a manufacturer of power conversion systems for electronic and electrical systems
Age: 67  Director Since 1996      
716 805 1599  https://www.astronics.com
McKenna received a B.S. in Business Management from Western Kentucky University.

Robert McKenna Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert McKenna against Astronics stock is an integral part of due diligence when investing in Astronics. Robert McKenna insider activity provides valuable insight into whether Astronics is net buyers or sellers over its current business cycle. Note, Astronics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Astronics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Robert McKenna over a year ago via Macroaxis 
Astronics exotic insider transaction detected
Robert McKenna over a year ago via Macroaxis 
Astronics exotic insider transaction detected

Astronics Management Efficiency

Astronics Cp has return on total asset (ROA) of (4.08) % which means that it has lost $4.08 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (9.71) %, meaning that it created substantial loss on money invested by shareholders. Astronics management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return on Investment is estimated to slide to -23.29. The value of Return on Average Assets is estimated to slide to -0.04. Astronics Asset Turnover is quite stable at the moment as compared to the past year. The company's current value of Asset Turnover is estimated at 0.82. Average Assets is expected to rise to about 636.3 M this year, although the value of Current Assets will most likely fall to about 329 M.
The company currently holds 181.87 M in liabilities with Debt to Equity (D/E) ratio of 0.71, which is about average as compared to similar companies. Astronics Cp has a current ratio of 2.81, 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 Cp 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.
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.

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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. Astronics Cp (ATRO) is traded on NASDAQ Exchange in USA. It is located in 130 Commerce Way and employs 2,100 people. Astronics is listed under Aircraft category by Fama And French industry classification.

Astronics Cp Leadership Team

Elected by the shareholders, the Astronics' board of directors comprises two types of representatives: Astronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Astronics. The board's role is to monitor Astronics' management team and ensure that shareholders' interests are well served. Astronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Astronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Peabody, Executive VP and President of Astronics Advanced Electronic Systems and President of Ballard Technology, Inc.
Robert McKenna, Independent Director
Kevin Keane, Independent Chairman of the Board
Peter Gundermann, CEO and President Director and President of Luminescent Systems Inc
David Burney, CFO, Executive VP and Secretary
James Mulato, President of Astronics Test Systems, Inc.
Michael Kuehn, Executive Vice President
Robert Brady, Independent Director
Neil Kim, Independent Director
James Kramer, Executive VP and President of Luminescent Systems, Inc.
Mark Moran, Independent Director
Jeffry Frisby, Independent Director
Warren Johnson, Independent Director
Raymond Boushie, Independent Director
John Drenning, Independent Director

Astronics Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Astronics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over 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 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 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.
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.