Astronics Stock Performance
| ATRO Stock | USD 16.66 0.11 0.66% |
Astronics has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Astronics will likely underperform. Astronics right now shows a risk of 2.03%. Please confirm Astronics value at risk, as well as the relationship between the skewness and day median price , to decide if Astronics will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Astronics are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Astronics is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (1.41) | Five Day Return (2.39) | Year To Date Return (2.67) | Ten Year Return (46.31) | All Time Return 3.4 K |
Last Split Factor 1182:1000 | Ex Dividend Date 1994-01-25 | Last Split Date 2018-10-11 |
1 | Los Angeles Capital Management LLC Reduces Stake in Astronics Co. - MarketBeat | 02/01/2024 |
2 | Acquisition by Peter Gundermann of 26450 shares of Astronics subject to Rule 16b-3 | 02/22/2024 |
3 | Astronics exotic insider transaction detected | 02/26/2024 |
4 | Astronics Corporation Q4 2023 Earnings Call Transcript | 02/29/2024 |
5 | Astronics Full Year 2023 Earnings EPS Beats Expectations | 03/01/2024 |
6 | Acquisition by James Mulato of tradable shares of Astronics at 18.9 subject to Rule 16b-3 | 03/04/2024 |
7 | Acquisition by Mark Peabody of 201 shares of Astronics at 17.44 subject to Rule 16b-3 | 03/05/2024 |
8 | Aircraft LED Market to reach USD 2.5 Billion by 2032, Says Global Market Insights inc. | 03/06/2024 |
9 | Disposition of 7369 shares by Mark Peabody of Astronics subject to Rule 16b-3 | 03/08/2024 |
10 | Disposition of 7074 shares by Michael Kuehn of Astronics at 17.72 subject to Rule 16b-3 | 03/14/2024 |
11 | Acquisition by James Mulato of 156 shares of Astronics subject to Rule 16b-3 | 03/22/2024 |
12 | With 52 percent institutional ownership, Astronics Corporation is a favorite amongst the big guns - Yahoo Canada Shine On | 03/27/2024 |
13 | Who Has Been Selling Astronics Corporation Shares - Yahoo Movies Canada | 04/01/2024 |
14 | Short Interest in Astronics Co. Grows By 9.0 percent - MarketBeat | 04/15/2024 |
| Begin Period Cash Flow | 13.8 M |
Astronics |
Astronics Relative Risk vs. Return Landscape
If you would invest 1,609 in Astronics on January 17, 2024 and sell it today you would earn a total of 68.00 from holding Astronics or generate 4.23% return on investment over 90 days. Astronics is currently generating 0.086% in daily expected returns and assumes 2.0315% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Astronics, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Astronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Astronics, and traders can use it to determine the average amount a Astronics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0423
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| Cash | Small Risk | ATRO | High Risk | Huge Risk |
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Estimated Market Risk
| 2.03 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Astronics is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Astronics by adding it to a well-diversified portfolio.
Astronics Fundamentals Growth
Astronics Stock prices reflect investors' perceptions of the future prospects and financial health of Astronics, and Astronics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Astronics Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0093 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 780.33 M | ||||
| Shares Outstanding | 28.97 M | ||||
| Price To Earning | 8.47 X | ||||
| Price To Book | 2.37 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 689.21 M | ||||
| Gross Profit | 65.48 M | ||||
| EBITDA | 19.43 M | ||||
| Net Income | (26.42 M) | ||||
| Cash And Equivalents | 10.68 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 197.88 M | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 2.60 X | ||||
| Book Value Per Share | 7.23 X | ||||
| Cash Flow From Operations | (23.95 M) | ||||
| Earnings Per Share | (0.80) X | ||||
| Market Capitalization | 592.39 M | ||||
| Total Asset | 649 M | ||||
| Retained Earnings | 209.75 M | ||||
| Working Capital | 246.45 M | ||||
| Current Asset | 249.97 M | ||||
| Current Liabilities | 104.23 M | ||||
About Astronics Performance
To evaluate Astronics Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Astronics generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Astronics Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Astronics market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Astronics's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 135.96 | 89.44 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.11) | (0.10) |
Things to note about Astronics performance evaluation
Checking the ongoing alerts about Astronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Astronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 689.21 M. Net Loss for the year was (26.42 M) with profit before overhead, payroll, taxes, and interest of 65.48 M. | |
| Astronics currently holds about 10.68 M in cash with (23.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33. | |
| Roughly 70.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Short Interest in Astronics Co. Grows By 9.0 percent - MarketBeat |
- Analyzing Astronics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Astronics' stock is overvalued or undervalued compared to its peers.
- Examining Astronics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Astronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Astronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Astronics' stock. These opinions can provide insight into Astronics' potential for growth and whether the stock is currently undervalued or overvalued.
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.
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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.