A share price of Astronics Corp [ATRO] is currently trading at $17.18, up 5.27%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATRO shares have gain 4.12% over the last week, with a monthly amount drifted -7.73%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Astronics Corp [NASDAQ: ATRO] stock has seen the most recent analyst activity on September 20, 2021, when Colliers Securities upgraded its rating to a Buy but kept the price target unchanged to $19 for it. Previously, Truist upgraded its rating to Hold on December 01, 2020, and elevated its price target to $14. On November 20, 2020, upgrade upgraded it’s rating to Market Outperform but maintained its price target of $16 on the stock. Canaccord Genuity upgraded its rating to a Buy but stick to its price target of $15 on November 20, 2020. Dougherty & Company downgraded its rating to a Neutral. Dougherty & Company reiterated a Buy rating for this stock on November 06, 2019, and downed its price target to $38. In a note dated August 06, 2019, Dougherty & Company reiterated an Buy rating on this stock and revised its target price from $46 to $40.
Astronics Corp experienced fluctuations in its stock price throughout the past year between $14.58 and $23.74. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Astronics Corp [NASDAQ: ATRO] shares were valued at $17.18 at the most recent close of the market. An investor can expect a potential return of 16.41% based on the average ATRO price forecast.
Analyzing the ATRO fundamentals
Trailing Twelve Months sales for Astronics Corp [NASDAQ:ATRO] were 782.18M which represents 25.03% growth. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.67 points at the first support level, and at 16.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.52, and for the 2nd resistance point, it is at 17.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Astronics Corp [NASDAQ:ATRO] is 2.83. Further, the Quick Ratio stands at 1.46, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 2.42.
Transactions by insiders
Recent insider trading involved Kuehn Michael C, Executive Vice President, that happened on Mar 14 ’24 when 7074.0 shares were sold. Executive Vice President, Kuehn Michael C completed a deal on Feb 29 ’24 to sell 2209.0 shares. Meanwhile, Director Keane Robert S sold 32594.0 shares on Mar 01 ’24.
