Astronics Corporation [ATRO] has traded in a range of $6.30 to $30.64 in the last 1 year. As of this writing, the stock is at $11.06, up 16.39%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, ATRO shares are 24.35% up with the monthly amount drift of 27.69% and seems well in a long time frame.

On 30, October 2020, Astronics Corp. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 30, 2020 / Astronics Corp. (OTC PINK:ATROB) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 30, 2020 at 11:00 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Astronics Corporation [NASDAQ:ATRO] stock was on November 20, 2020, when it was Upgrade with a Buy rating from Canaccord Genuity, which also raised its 12-month price target on the stock to $15. Before that, on November 20, 2020, CJS Securities Recapitulated a Market outperform rating and elevated its amount target to $16. On January 22, 2020, Dougherty & Company Downgrade a Neutral rating. On November 06, 2019, Dougherty & Company Reiterated a Buy rating and decreased its price target from $40 to $38. On August 06, 2019, Dougherty & Company Reiterated a Buy rating and decreased its price target to $40. On June 14, 2019, SunTrust Downgrade a Sell rating and boosted its amount target on this stock to $36. On May 10, 2018, Canaccord Genuity Downgrade a Hold rating and decreased its target amount on this stock from $50 to $41. On February 27, 2018, Canaccord Genuity Reiterated a Buy rating and amplified its amount target to $50.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.30 and a peak of $30.64. At the most recent market close, shares of Astronics Corporation [NASDAQ:ATRO] were valued at $11.06.

FUNDAMENTAL ANALYSIS

Astronics Corporation [NASDAQ:ATRO] most recently reported quarterly sales of 106.51 billion, which represented growth of -39.80%. This company’s Gross Margin is currently 17.90% and its Operating Margin is -22.50%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.15 points at 1st support level, the second support level is making up to 8.79. But as of 1st resistance point, this stock is sitting at 9.70 and at 9.89 for 2nd resistance point.

Astronics Corporation [ATRO] reported its earnings at -$0.17 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.24/share signifying the difference of 0.07 and 29.20% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.77 calling estimates for -$0.31/share with the difference of -0.46 depicting the surprise of -148.40%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Astronics Corporation [NASDAQ:ATRO] is 3.20.

Insider Stories

The most recent insider trade was by FRISBY JEFFRY D, Director, and it was the purchase of 4100.0 shares on May 07. Hedges Nancy L, the Principal Accounting Officer, completed a purchase of 725.0 shares on Mar 12. On Mar 12, Mulato James, Pres Astronics Test Systems, completed a purchase of 2000.0 shares.