Astronics Corporation (ATRO)

NASDAQ: ATRO · Real-Time Price · USD
15.89
+0.03 (0.19%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.19%
Market Cap 560.32M
Revenue (ttm) 782.18M
Net Income (ttm) -6.41M
Shares Out 35.26M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 23.37
Dividend n/a
Ex-Dividend Date n/a
Volume 297,964
Open 15.61
Previous Close 15.86
Day's Range 15.57 - 16.18
52-Week Range 14.13 - 23.74
Beta 1.80
Analysts Hold
Price Target 20.00 (+25.87%)
Earnings Date Nov 6, 2024

About ATRO

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 operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufa... [Read more]

Sector Industrials
Founded 1968
Employees 2,500
Stock Exchange NASDAQ
Ticker Symbol ATRO
Full Company Profile

Financial Performance

In 2023, Astronics's revenue was $689.21 million, an increase of 28.85% compared to the previous year's $534.89 million. Losses were -$26.42 million, -26.09% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ATRO stock is "Hold" and the 12-month stock price forecast is $20.0.

Price Target
$20.0
(25.87% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Astronics Corporation to Webcast Presentation at the Sidoti Small Cap Conference

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Presentation at the Sidoti Small Cap Conference.

24 days ago - Business Wire

Astronics Stock Plunges On Convertible Note Offering: But Why?

Astronics Corporation's $150 million convertible note offering led to a 15% stock price drop, reflecting shareholder concerns about potential dilution and future cash flow generation. The proceeds wil...

24 days ago - Seeking Alpha

Astronics Corporation Announces Pricing of $150 Million Convertible Senior Notes Offering

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Announces Pricing of $150 Million Convertible Senior Notes Offering.

25 days ago - Business Wire

Astronics Corporation Announces $150 Million Convertible Senior Notes Offering

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Announces $150 Million Convertible Senior Notes Offering.

25 days ago - Business Wire

Why I Still Believe In Astronics Despite Recent Underperformance

Astronics' stock has underperformed, with a 10% decline since my strong buy rating, despite improved earnings and operational metrics in the third quarter. Third-quarter sales grew 25%, driven by the ...

4 weeks ago - Seeking Alpha

Astronics Corporation (ATRO) Q3 2024 Earnings Call Transcript

Astronics Corporation (NASDAQ:ATRO) Q3 2024 Earnings Conference Call November 6, 2024 4:45 AM ET Company Participants Craig Mychajluk - Investor Relations Peter Gundermann - Chairman, President and C...

6 weeks ago - Seeking Alpha

Astronics Corporation Reports 25% Growth in Sales in 2024 Third Quarter

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 25% Growth in Sales in 2024 Third Quarter.

6 weeks ago - Business Wire

Astronics Corporation Announces Third Quarter 2024 Financial Results Conference Call and Webcast

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Third Quarter 2024 Financial Results Conference Call and Webcast.

2 months ago - Business Wire

Astronics Corporation Appoints Nancy L. Hedges as Chief Financial Officer Effective January 4, 2025

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Appoints Nancy L. Hedges as Chief Financial Officer Effective January 4, 2025.

2 months ago - Business Wire

Astronics Corporation to Present Virtually at the Gabelli 30th Annual Aerospace & Defense Symposium

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Present Virtually at the Gabelli 30th Annual Aerospace & Defense Symposium.

4 months ago - Business Wire

Astronics Corporation to Webcast Presentation at the Midwest IDEAS Conference

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Presentation at the Midwest IDEAS Conference.

4 months ago - Business Wire

Astronics Corporation (ATRO) Q2 2024 Earnings Call Transcript

Astronics Corporation (NASDAQ:ATRO) Q2 2024 Results Conference Call August 1, 2024 4:45 PM ET Company Participants Debra Pawlowski - Investor Relations Pete Gundermann - Chairman, President & Chief E...

4 months ago - Seeking Alpha

Astronics Corporation Reports 14% Growth in Sales in 2024 Second Quarter

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 14% Growth in Sales in 2024 Second Quarter.

5 months ago - Business Wire

Astronics Corporation Announces Second Quarter 2024 Financial Results Conference Call and Webcast

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Second Quarter 2024 Financial Results Conference Call and Webcast.

5 months ago - Business Wire

Astronics Corporation Refinances Debt with Expanded Revolver and Lower Cost Term Loan

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Refinances Debt with Expanded Revolver and Lower Cost Term Loan.

5 months ago - Business Wire

Astronics Awarded Contract for U.S. Army Radio Test Set TS-4549/T Valued at Approximately $215 Million

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Awarded Contract for U.S. Army Radio Test Set TS-4549/T Valued at Approximately $215 Million.

6 months ago - Business Wire

Global eVTOL Cabin Interior Market Analysis and Forecast 2023-2033: Prominent Players Recaro Aircraft Seating, Diehl Aviation and Astronics are Known for their Innovative Cabin Solutions

Dublin, June 07, 2024 (GLOBE NEWSWIRE) -- The "Global eVTOL Cabin Interior Market: Focus on Application, Product, and Region - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMar...

7 months ago - GlobeNewsWire

FPT Software Partners with Creatio to Accelerate No-Code Adoption Worldwide

HANOI, Vietnam--(BUSINESS WIRE)--Global IT services provider FPT Software recently entered a partnership with US-based no-code provider Creatio to amplify its expertise and service portfolio in low-co...

7 months ago - Business Wire

RevolKa Signed Master Service Agreement with Daiichi Sankyo

TOKYO--(BUSINESS WIRE)--RevolKa Ltd., a venture-backed biotech company providing a game-changing protein engineering technology platform (Norio Hamamatsu, President and CEO) signed a master service ag...

7 months ago - Business Wire

Astronics' Newest EmPower® UltraLite G2 USB Power System to Be Installed on 650 Aircraft by End of Year

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Newest EmPower® UltraLite G2 USB Power System to Be Installed on 650 Aircraft by End of Year.

7 months ago - Business Wire

Astronics Awarded Contracts Valued up to $75 Million for Dual-Modem Modem Manager Units

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Awarded Contracts Valued up to $75 Million for Dual-Modem Modem Manager Units.

7 months ago - Business Wire

Astronics Q1 Review: Stock Is A Strong Buy

Astronics Corporation sales grew by 18.2% in Q1, exceeding guidance, with strong growth in aerospace sales. Gross margins increased from 17.6% to 18.5% due to volume and price increases. Astronics has...

7 months ago - Seeking Alpha

Astronics Corporation (ATRO) Q1 2024 Earnings Call Transcript

Astronics Corporation (NASDAQ:ATRO) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Debbie Pawlowski - Investor Relations Pete Gundermann - Chairman, President & Chief Ex...

8 months ago - Seeking Alpha

Astronics Corporation Reports 2024 First Quarter Financial Results

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 2024 First Quarter Financial Results.

8 months ago - Business Wire

Astronics Corporation Announces First Quarter 2024 Financial Results Conference Call and Webcast

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces First Quarter 2024 Financial Results Conference Call and Webcast.

8 months ago - Business Wire