David Burney - Astronics CFO, Executive VP and Secretary
| ATRO Stock | USD 16.46 0.33 1.97% |
CFO
Mr. David C. Burney is Chief Financial Officer, Executive Vice President Finance and Secretary of the Company. since 2013.
| Age | 61 |
| Tenure | 11 years |
| Address | 130 Commerce Way, East Aurora, NY, United States, 14052 |
| Phone | 716 805 1599 |
| Web | https://www.astronics.com |
Astronics Management Efficiency
As of the 25th of April 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to grow to -0.01. At this time, Astronics' Fixed Asset Turnover is very stable compared to the past year. Astronics' management efficiency ratios could be used to measure how well Astronics manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 4 records | CFO Age | ||
| Jesus Malave | Lockheed Martin | 55 | |
| Barbara Niland | Huntington Ingalls Industries | 55 | |
| Bruce Tanner | Lockheed Martin | 58 | |
| Kenneth Bedingfield | L3Harris Technologies | 51 | |
Management Performance
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0093 |
Astronics Leadership Team
Elected by the shareholders, the Astronics' board of directors comprises two types of representatives: Astronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Astronics. The board's role is to monitor Astronics' management team and ensure that shareholders' interests are well served. Astronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Astronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Peabody, Executive VP and President of Astronics Advanced Electronic Systems and President of Ballard Technology, Inc. | ||
| Robert McKenna, Independent Director | ||
| Nancy Hedges, Corporate Officer | ||
| Julie Davis, Secretary | ||
| Kevin Keane, Independent Chairman of the Board | ||
| Peter Gundermann, CEO and President Director and President of Luminescent Systems Inc | ||
| David Burney, CFO, Executive VP and Secretary | ||
| James Mulato, President of Astronics Test Systems, Inc. | ||
| Michael Kuehn, Executive Vice President | ||
| Robert Brady, Independent Director | ||
| Neil Kim, Independent Director | ||
| James Kramer, Executive VP and President of Luminescent Systems, Inc. | ||
| Mark Moran, Independent Director | ||
| Jeffry Frisby, Independent Director | ||
| Warren Johnson, Independent Director | ||
| Raymond Boushie, Independent Director | ||
| John Drenning, Independent Director |
Astronics Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Astronics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0093 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 772.74 M | ||||
| Shares Outstanding | 28.97 M | ||||
| Shares Owned By Insiders | 2.02 % | ||||
| Shares Owned By Institutions | 69.82 % | ||||
| Number Of Shares Shorted | 324.28 K | ||||
| Price To Earning | 8.47 X |
Pair Trading with Astronics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astronics will appreciate offsetting losses from the drop in the long position's value.Moving against Astronics Stock
| 0.49 | DCO | Ducommun Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.43 | VTSI | VirTra Inc Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astronics to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Astronics Stock analysis
When running Astronics' price analysis, check to measure Astronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Is Astronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (0.80) | Revenue Per Share 20.819 | Quarterly Revenue Growth 0.235 | Return On Assets (0.01) |
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astronics' market value can be influenced by many factors that don't directly affect Astronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.