Astronics Corporation (ATRO)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for ATRO stock is "Hold" and the 12-month stock price forecast is $20.0.
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.
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...
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.
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.
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 ...
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...
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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...
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...
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...
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.
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.
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...
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...
Astronics Corporation Reports 2024 First Quarter Financial Results
EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 2024 First Quarter Financial Results.
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.