Astronics Corporation

Company Profile

Astronics Corporation had its IPO on 1984-09-07 under the ticker symbol ATRO.

The company operates in the Industrials sector and Aerospace & Defense industry. Astronics Corporation has a staff strength of 2,400 employees.

Stock update

Shares of Astronics Corporation opened at $16.77 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.53 - $16.9, and closed at $16.53.

This is a -1.72% slip from the previous day's closing price.

A total volume of 104,341 shares were traded at the close of the day’s session.

In the last one week, shares of Astronics Corporation have slipped by -6.08%.

Astronics Corporation's Key Ratios

Astronics Corporation has a market cap of $540.23 million, indicating a price to book ratio of 1.3759 and a price to sales ratio of 0.6412.

In the last 12-months Astronics Corporation’s revenue was $575.26 million with a gross profit of $65.48 million and an EBITDA of $192000. The EBITDA ratio measures Astronics Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Astronics Corporation’s operating margin was -4.72% while its return on assets stood at -2.82% with a return of equity of -14.85%.

In Q1, Astronics Corporation’s quarterly earnings growth was a negative -92.7% while revenue growth was a positive 34.7%.

Astronics Corporation’s PE and PEG Ratio

Forward PE

46.9484

Trailing PE

0

PEG

1.4638

Its diluted EPS in the last 12-months stands at $-1.22 per share while it has a forward price to earnings multiple of 46.9484 and a PEG multiple of 1.4638. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Astronics Corporation’s profitability.

Astronics Corporation stock is trading at a EV to sales ratio of 1.013 and a EV to EBITDA ratio of -39.3859. Its price to sales ratio in the trailing 12-months stood at 0.6412.

Astronics Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$616.41 million

Total Liabilities

$146.82 million

Operating Cash Flow

$1.86 million

Capital Expenditure

$1.57 million

Dividend Payout Ratio

0%

Astronics Corporation ended 2024 with $616.41 million in total assets and $0 in total liabilities. Its intangible assets were valued at $616.41 million while shareholder equity stood at $238.92 million.

Astronics Corporation ended 2024 with $0 in deferred long-term liabilities, $146.82 million in other current liabilities, 355000.00 in common stock, $0 in retained earnings and $58.17 million in goodwill. Its cash balance stood at $4.22 million and cash and short-term investments were $4.22 million. The company’s total short-term debt was $6,750,000 while long-term debt stood at $165.60 million.

Astronics Corporation’s total current assets stands at $374.18 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $152.37 million compared to accounts payable of $63.27 million and inventory worth $199.94 million.

In 2024, Astronics Corporation's operating cash flow was $1.86 million while its capital expenditure stood at $1.57 million.

Comparatively, Astronics Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$16.53

52-Week High

$17.58

52-Week Low

$7.46

Analyst Target Price

$17.33

Astronics Corporation stock is currently trading at $16.53 per share. It touched a 52-week high of $17.58 and a 52-week low of $17.58. Analysts tracking the stock have a 12-month average target price of $17.33.

Its 50-day moving average was $18.51 and 200-day moving average was $15.11 The short ratio stood at 2.14 indicating a short percent outstanding of 0%.

Around 210.4% of the company’s stock are held by insiders while 7054.1% are held by institutions.