AstroNova Story

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ALOT -- USA Stock  

USD 11.00  0.46  4.36%

AstroNova Book Value per Share is comparatively stable at the moment as compared to the past year. AstroNova reported Book Value per Share of 10.16 in 2019. Current Ratio is likely to gain to 3.31 in 2020, whereas Invested Capital is likely to drop slightly above 65.8 M in 2020. AstroNova is scheduled to announce its earnings tomorrow. While many fundamental traders are getting carried away by overanalyzing balance sheets and income statements, it is reasonable to review AstroNova against its basic efficiency ratios. What exactly are AstroNova shareholders getting in October? AstroNova odds of distress is under 42 percent. Will AstroNova private investors continue to acquire in October?
Published over three months ago
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How AstroNova (NASDAQ:ALOT) uncertain basic indicators helped with the newest drop?
AstroNova secures Sharpe Ratio (or Efficiency) of -0.066, which signifies that the company had -0.066% of return per unit of risk over the last month. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. AstroNova exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AstroNova Risk Adjusted Performance of 0.0586, downside deviation of 3.41, and Mean Deviation of 2.63 to double-check the risk estimate we provide.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include AstroNova income statement, its balance sheet, and the statement of cash flows. Potential AstroNova investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although AstroNova investors may use each financial statement separately, they are all related. The changes in AstroNova's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AstroNova's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of AstroNova fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of AstroNova performance into the future periods or doing a reasonable stock valuation. The intrinsic value of AstroNova shares is the value that is considered the true value of the share. If the intrinsic value AstroNova is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares AstroNova. Please read more on our fundamental analysis page.

Are AstroNova Earnings Expected to grow?

The future earnings power of AstroNova involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of AstroNova factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. AstroNova stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of AstroNova expected earnings.

And What about dividends?

A dividend is the distribution of a portion of AstroNova earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. AstroNova dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. AstroNova one year expected dividend income is about $0.12 per share.
AstroNova Dividend Yield is comparatively stable at the moment as compared to the past year. AstroNova reported Dividend Yield of 0.0207 in 2020. Dividends per Basic Common Share is likely to gain to 0.33 in 2021, whereas Payment of Dividends and Other Cash Distributions is likely to drop (2.4 M) in 2021.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-2.3 M-2.4 M
Dividend Yield 0.0207  0.0214 
Dividends per Basic Common Share 0.32  0.33 
Investing in stocks that pay dividends, such as stock of AstroNova, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in AstroNova must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for AstroNova. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How AstroNova utilizes its cash?

To perform a cash flow analysis of AstroNova, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash AstroNova is receiving and how much cash it distributes out in a given period. The AstroNova cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. AstroNova Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. AstroNova reported Net Cash Flow from Operations of 3.71 Million in 2020

AstroNova Gross Profit

AstroNova Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing AstroNova previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show AstroNova Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

A Deeper look at AstroNova

There are few distinct groups of AstroNova stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of AstroNova is distributed among investors.

Ownership Allocation

The market capitalization of AstroNova is $49.43 Million. Over half of AstroNova outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in AstroNova. Please watch out for any change in the institutional holdings of AstroNova as this could mean something significant has changed or about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.

Retail Investors
Retail Investors32.65

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. AstroNova has an asset utilization ratio of 164.41 percent. This implies that the company is making $1.64 for each dollar of assets. An increasing asset utilization means that AstroNova is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
65.8 M
Assets Non Current
45.6 M
40.4 M
Current Assets65.76 Million42.17
Assets Non Current45.55 Million29.21
Goodwill40.37 Million25.89
Tax Assets4.25 Million2.72

Our AstroNova analysis implies possible reversion in October

AstroNova newest kurtosis boosts over 5.6. AstroNova shows above-average downside volatility for the selected time horizon. We advise investors to inspect AstroNova further and ensure that all market timing and asset allocation strategies are consistent with the estimation of AstroNova future alpha.

Our Final Take On AstroNova

Whereas many other companies in the computer hardware industry are either recovering or due for a correction, AstroNova may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 8th of September 2020, our latest 30 days buy-hold-sell recommendation on the firm is Cautious Hold. We believe AstroNova is overvalued with below average chance of financial distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of AstroNova. Please refer to our Terms of Use for any information regarding our disclosure principles.

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