Astronics Stock Price on December 31, 2023
| ATRO Stock | USD 17.61 0.39 2.26% |
Below is the normalized historical share price chart for Astronics extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Astronics stands at 17.61, as last reported on the 25th of November, with the highest price reaching 17.81 and the lowest price hitting 17.34 during the day.
If you're considering investing in Astronics Stock, it is important to understand the factors that can impact its price. Astronics secures Sharpe Ratio (or Efficiency) of -0.078, which signifies that the company had a -0.078% return per unit of risk over the last 3 months. Astronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Astronics' Mean Deviation of 2.17, standard deviation of 3.31, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
At this time, Astronics' Issuance Of Capital Stock is very stable compared to the past year. As of the 25th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.02, while Common Stock Shares Outstanding is likely to drop about 25.1 M. . At this time, Astronics' Price To Sales Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Sales Ratio is likely to grow to 0.87, though Price Earnings Ratio is likely to grow to (20.73). Astronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 19.1555 | 50 Day MA 18.8484 | Beta 1.835 |
Astronics |
Sharpe Ratio = -0.078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ATRO |
Estimated Market Risk
| 3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Astronics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Astronics by adding Astronics to a well-diversified portfolio.
Price Book 2.4366 | Enterprise Value Ebitda 16.0492 | Price Sales 0.7758 | Shares Float 29.7 M | Wall Street Target Price 24 |
Astronics Valuation on December 31, 2023
It is possible to determine the worth of Astronics on a given historical date. On December 31, 2023 Astronics was worth 17.55 at the beginning of the trading date compared to the closed value of 17.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Astronics stock. Still, in general, we apply an absolute valuation method to find Astronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Astronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Astronics' related companies.
| Open | High | Low | Close | Volume | |
| 17.59 | 17.66 | 16.73 | 17.59 | 93,642 | |
12/29/2023 | 17.55 | 17.70 | 17.29 | 17.42 | 143,261 |
| 17.29 | 17.47 | 16.83 | 17.23 | 162,599 |
| Backtest Astronics | | | Astronics History | | | Astronics Valuation | Previous | Next |
Astronics Trading Date Momentum on December 31, 2023
| On January 02 2024 Astronics was traded for 17.23 at the closing time. The top price for the day was 17.47 and the lowest listed price was 16.83 . The trading volume for the day was 162.6 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.09% . The overall trading delta against the current closing price is 9.93% . |
Astronics Fundamentals Correlations and Trends
By evaluating Astronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Astronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Astronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Astronics Stock history
Astronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Astronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Astronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Astronics stock prices may prove useful in developing a viable investing in Astronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.1 M | 25.1 M | |
| Net Loss | -32.2 M | -30.6 M |
Astronics Quarterly Net Working Capital |
|
Astronics Stock Technical Analysis
Astronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Astronics Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Astronics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Astronics November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Astronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astronics shares will generate the highest return on investment. By undertsting and applying Astronics stock market strength indicators, traders can identify Astronics entry and exit signals to maximize returns
Astronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Astronics' price direction in advance. Along with the technical and fundamental analysis of Astronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Astronics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.07) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Aerospace & Defense space 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 (0.93) | Earnings Share (0.16) | Revenue Per Share 22.48 | Quarterly Revenue Growth 0.25 | Return On Assets 0.0218 |
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 if Astronics is a good investment 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.