AstroNova Story

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ALOT -- USA Stock  

USD 10.51  0.03  0.29%

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. While some baby boomers are getting worried about technology space, it is reasonable to review AstroNova. We will analyze why it could be a much better year for AstroNova shareholders. In this post, I will also go over a few different drivers affecting AstroNova's products and services, and explain how it may impact AstroNova private investors.
Published over a month ago
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AstroNova (NASDAQ:ALOT) continues to gain
Our trade advice tool can cross-verify current analyst consensus on AstroNova and to analyze the company potential to grow in the current economic cycle.

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 important is AstroNova's Liquidity

AstroNova financial leverage refers to using borrowed capital as a funding source to finance AstroNova ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. AstroNova financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between AstroNova's total debt and its cash.

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

What did AstroNova file with SEC?

The SEC filings are financial statements or other formal documents of AstroNova that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to AstroNova shareholders may or may not be submitted as SEC does not always require it.
Unclassified Corporate Event
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Financial Statements and Exhibits. Results of Operations and Financial Condition
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to AstroNova shareholders may or may not be submitted as SEC does not always require it.

A Deeper look at AstroNova

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 156.97 percent. This implies that the company is making $1.57 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.

Our perspective of the newest AstroNova gain

The semi deviation is down to 2.04 as of today. AstroNova currently demonstrates below-verage downside deviation. It has Information Ratio of 0.23 and Jensen Alpha of 0.89. However, we do advice investors to further question AstroNova expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Conclusion on AstroNova

Whereas other entities under the computer hardware industry are still a bit expensive, AstroNova may offer a potential longer-term growth to private investors. On the whole, as of the 6th of December 2020, our analysis shows that AstroNova moves indifferently to market moves. The firm is overvalued and projects low odds of financial distress for the next 2 years. Our primary 30 days buy-sell recommendation on the firm is Hold.

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 Ellen Johnson do not own shares of AstroNova. Please refer to our Terms of Use for any information regarding our disclosure principles.

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