Astronova Stock Story

Astronova Debt to Equity Ratio is comparatively stable at the moment as compared to the past year. Astronova reported Debt to Equity Ratio of 0.42 in 2021. Dividend Yield is likely to gain to 0.006466 in 2022, whereas Earnings before Tax are likely to drop slightly above 6.1 M in 2022. In spite of comparatively stable basic indicators, Astronova is not utilizing all of its potentials. The new stock price uproar, may contribute to a short-horizon swings for the private investors. Will private investors continue to hold, or should we expect a sell-off?
Published over two months ago
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Should you pay attention to changing Astronova (NASDAQ:ALOT) fundamentals?

Astronova is UNDERVALUED at 16.28 per share with modest projections ahead.
Astronova secures Sharpe Ratio (or Efficiency) of -0.0105, which signifies that the company had -0.0105% of return per unit of risk over the last 3 months. 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 (0.018325), and Mean Deviation of 1.71 to double-check the risk estimate we provide.

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.

How does Astronova utilize 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 1.39 Million in 2021

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

Astronova reported the previous year's revenue of 117.48 M. Net Income was 6.43 M with profit before overhead, payroll, taxes, and interest of 42.04 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 150.69 percent. This implies that the company is making $1.51 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
69 M
Assets Non Current
46.7 M
Current Assets68.99 Million45.0
Assets Non Current46.74 Million30.48
Goodwill28.17 Million18.37
Tax Assets9.41 Million6.14

Will price continue to gain in July 2022?

Newest Jensen Alpha is up to -0.06. Price may drop again. Astronova exhibits very low volatility with skewness of -1.46 and kurtosis of 12.0. However, we advise investors to further study Astronova technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astronova's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astronova's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Astronova Implied Volatility

Astronova's implied volatility exposes the market's sentiment of Astronova stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Astronova's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Astronova stock will not fluctuate a lot when Astronova's options are near their expiration.

Whereas some other firms under the computer hardware industry are still a bit expensive, Astronova may offer a potential longer-term growth to private investors. To summarize, as of the 7th of June 2022, we see that Astronova moves indifferently to market moves. The firm is undervalued with low odds of financial distress within the next 24 months. Our up-to-date 90 days advice on the firm is Strong Buy.

Editorial Staff

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 Gabriel 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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