Astrotech Corp Stock Today

ASTC Stock  USD 7.61  0.39  5.40%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Astrotech Corp is trading at 7.61 as of the 22nd of November 2024, a 5.40% increase since the beginning of the trading day. The stock's open price was 7.22. Astrotech Corp has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Astrotech Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
20th of December 1995
Category
Technology
Classification
Industrials
Astrotech Corporation operates as a mass spectrometry company worldwide. Astrotech Corporation was incorporated in 1984 and is based in Austin, Texas. Astrotech Corp operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. The company has 1.7 M outstanding shares of which 5.07 K shares are presently shorted by private and institutional investors with about 0.37 trading days to cover. More on Astrotech Corp

Moving together with Astrotech Stock

  0.78ST Sensata TechnologiesPairCorr
  0.86WATT EnergousPairCorr

Moving against Astrotech Stock

  0.81GNSS Genasys Fiscal Year End 5th of December 2024 PairCorr
  0.71TDY Teledyne Technologies Fiscal Year End 22nd of January 2025 PairCorr
  0.68ESE ESCO TechnologiesPairCorr
  0.66WELX Winland HoldingsPairCorr
  0.64ITRI Itron IncPairCorr
  0.53DYSL Dynasil OfPairCorr

Astrotech Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationAerospace & Defense, Scientific & Technical Instruments, Industrials, NASDAQ Composite, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.530.0442
Way Up
Slightly volatile
Gross Profit Margin0.680.4513
Way Up
Very volatile
Total Current Liabilities2.4 M2.5 M
Notably Down
Slightly volatile
Non Current Liabilities Total289.8 K305 K
Notably Down
Slightly volatile
Total Assets69.3 M37.6 M
Way Up
Pretty Stable
Total Current Assets20.7 M34.7 M
Way Down
Slightly volatile
Debt Levels
Astrotech Corp can leverage 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 Astrotech Corp's financial leverage. It provides some insight into what part of Astrotech Corp's total assets is financed by creditors.
Liquidity
Astrotech Corp currently holds 300 K in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Astrotech Corp has a current ratio of 20.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Astrotech Corp's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(9.79 Million)
Astrotech Corp (ASTC) is traded on NASDAQ Exchange in USA. It is located in 2105 Donley Drive, Austin, TX, United States, 78758 and employs 30 people. Astrotech Corp is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.95 M. Astrotech Corp conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 1.7 M outstanding shares of which 5.07 K shares are presently shorted by private and institutional investors with about 0.37 trading days to cover. Astrotech Corp currently holds about 52.63 M in cash with (9.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04.
Check Astrotech Corp Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Astrotech Corp is $12.95 Million. Astrotech Corp shows 13.06 percent of its outstanding shares held by insiders and 23.0 percent owned by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Astrotech Ownership Details

Astrotech Stock Institutional Holders

InstituionRecorded OnShares
Federation Des Caisses Desjardins Du Quebec2024-06-30
23.0
Wells Fargo & Co2024-06-30
14.0
Bank Of America Corp2024-06-30
12.0
Advisor Group Holdings, Inc.2024-06-30
8.0
Jpmorgan Chase & Co2024-06-30
4.0
Hantz Financial Services, Inc.2024-06-30
0.0
Ubs Group Ag2024-06-30
0.0
Pnc Financial Services Group Inc2024-06-30
0.0
Bml Capital Management Llc2024-09-30
220.4 K
Acuitas Investments, Llc2024-06-30
59.5 K
Vanguard Group Inc2024-09-30
53.7 K
View Astrotech Corp Diagnostics

Astrotech Corp Historical Income Statement

At present, Astrotech Corp's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Research Development is expected to grow to about 7.1 M, whereas Interest Expense is forecasted to decline to about 226.6 K. View More Fundamentals

Astrotech Stock Against Markets

Already Invested in Astrotech Corp?

The danger of trading Astrotech Corp 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 Astrotech Corp 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 Astrotech Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astrotech Corp 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.
When determining whether Astrotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrotech Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrotech Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astrotech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.34)
Revenue Per Share
1.016
Quarterly Revenue Growth
(0.82)
Return On Assets
(0.19)
Return On Equity
(0.29)
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp's 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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp's 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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrotech Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp's 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.