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. AstroNova is scheduled to announce its earnings today. The next earnings report is expected on the 11th of March 2021. The stock is in a buyout trend. Although many conservative investors are getting more into technology space, we should study AstroNova's newest fundamentals in more details. The entity follows the market closely. We can now break down AstroNova as a potential investment option for your portfolios.
Published over a month ago
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Does AstroNova (NASDAQ:ALOT) have stable basic indicators based on the newest 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. The company dividends can provide a clue to the current value of the stock. This firm one year expected dividend income is about $0.14 per share.
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

The newest price gain of AstroNova could raise concerns from private investors as the firm it trading at a share price of 11.75 on 61,900 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.06. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from AstroNova partners.
 2017 2018 2019 2020 (projected)
Current Assets62.95 M62.61 M60.15 M65.76 M
Total Assets122.31 M118.98 M116.66 M111.31 M

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 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.

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

Will AstroNova price drop impact its balance sheet?

The variance is down to 9.4 as of today. AstroNova currently demonstrates below-verage downside deviation. It has Information Ratio of 0.26 and Jensen Alpha of 0.83. 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 Final Takeaway

Whereas many other companies under the computer hardware industry are still a bit expensive, AstroNova may offer a potential longer-term growth to private investors. While some private investors may not share our view, we believe it may be a good time to increase your existing holdings in AstroNova as the risk-reward trade off is appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to AstroNova.

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

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