Astronics Stock Today
| ATRO Stock | USD 17.22 0.08 0.47% |
Performance0 of 100
| Odds Of DistressLess than 11
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Astronics is selling at 17.22 as of the 24th of November 2024; that is 0.47% increase since the beginning of the trading day. The stock's open price was 17.14. Astronics has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Astronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 7th of September 1984 | Category Industrials |
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. The company has 29.69 M outstanding shares of which 429.65 K shares are presently shorted by private and institutional investors with about 4.4 trading days to cover. More on Astronics
Moving together with Astronics Stock
| 0.7 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Astronics Stock
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Astronics Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Peter Gundermann | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Aerospace & Defense, Industrials, NASDAQ Composite, NASDAQ Composite Total, Aircraft, Military Industrial, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAstronics 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 Astronics' financial leverage. It provides some insight into what part of Astronics' total assets is financed by creditors.
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Astronics (ATRO) is traded on NASDAQ Exchange in USA. It is located in 130 Commerce Way, East Aurora, NY, United States, 14052 and employs 2,500 people. Astronics is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 606.83 M. Astronics conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 29.69 M outstanding shares of which 429.65 K shares are presently shorted by private and institutional investors with about 4.4 trading days to cover.
Astronics currently holds about 10.68 M in cash with (23.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Check Astronics Probability Of Bankruptcy
Ownership AllocationAstronics holds a total of 29.69 Million outstanding shares. The majority of Astronics outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Astronics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Astronics. Please pay attention to any change in the institutional holdings of Astronics as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Astronics Ownership Details
Astronics Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Minerva Advisors Llc | 2024-09-30 | 463.1 K | |
| Cooper Creek Partners Management Llc | 2024-09-30 | 422.7 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 407.7 K | |
| Wellington Management Company Llp | 2024-06-30 | 273.6 K | |
| Needham Investment Management, Llc | 2024-09-30 | 267.5 K | |
| Northern Trust Corp | 2024-09-30 | 244.5 K | |
| Amvescap Plc. | 2024-06-30 | 239.3 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 197.7 K | |
| Teton Advisors Inc | 2024-09-30 | 178 K | |
| Next Century Growth Investors Llc | 2024-06-30 | 2.4 M | |
| Blackrock Inc | 2024-06-30 | 2.1 M |
Astronics Historical Income Statement
Astronics Stock Against Markets
Astronics Corporate Executives
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.
| David Burney | CFO, Executive VP and Secretary | Profile |
Already Invested in Astronics?
The danger of trading Astronics 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 Astronics 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 Astronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astronics 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 Astronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astronics' 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 Astronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astronics Stock: 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.