We provide trade advice to complement the prevailing
expert consensus on Astrotech. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. Astrotech dividends can provide a clue to the current value of the stock. The firm is not expected to issue dividends this year as it is trying to preserve or re-invest any of the funds available for distribution to stakeholders.
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 Astrotech Corp income statement, its balance sheet, and the statement of cash flows. Potential Astrotech Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Astrotech Corp investors may use each financial statement separately, they are all related. The changes in Astrotech Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astrotech Corp'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 Astrotech Corp
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Astrotech Corp performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Astrotech Corp shares is the value that is considered the true value of the share. If
the intrinsic value of Astrotech 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 Astrotech Corp. Please read more on our
fundamental analysis page.
How effective is Astrotech Corp in utilizing its assets?
Astrotech Corp reports assets on its Balance Sheet. It represents the amount of Astrotech resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Astrotech Corp aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Aerospace & Defense space. To get a better handle on how balance sheet or income statements item affect Astrotech volatility, please check the breakdown of all its
fundamentals.
Astrotech Corp Gross Profit
Astrotech Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Astrotech Corp 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 Astrotech Corp Gross Profit growth over the last 10 years. Please check Astrotech Corp's
gross profit and other
fundamental indicators for more details.
Detailed Perspective On Astrotech Corp
Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Astrotech is not uncomon. Institutional investors typically avoid acquiring a high percentage of Astrotech stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Astrotech is distributed among investors.
Ownership Allocation
Astrotech retains a total of 7.58 Million outstanding shares. Astrotech retains significant amount of outstanding shares owned by
insiders. An
insider is usually defined as a CEO, other corporate executive, director, or
institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently
losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
| Retail Investors58.2% | Insiders31.22% | Institutions10.58% |
| Retail Investors | 58.2 |
| Insiders | 31.22 |
| Institutions | 10.58 |
| 2017 | 2018 | 2019 | 2020 (projected) |
Current Assets | 4.28 M | 2.72 M | 2.45 M | 2.51 M | Total Assets | 5.14 M | 3.69 M | 3.32 M | 3.41 M |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Astrotech has an asset utilization ratio of 1.35 percent. This suggests that the company is making $0.0135 for each dollar of assets. An increasing asset utilization means that Astrotech is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets2.5 M | Assets Non Current896 K | |
| Current Assets | 2.51 Million | 60.18 |
| Assets Non Current | 895,974 | 21.45 |
| Tax Assets | 767,684 | 18.37 |
Are Astrotech technical ratios showing a relapse?
The skewness is down to -0.28 as of today. Astrotech is displaying above-average volatility over the selected time horizon. Investors should scrutinize Astrotech independently to ensure intended market timing strategies are aligned with expectations about Astrotech volatility.
Our Final Takeaway
Whereas some other firms under the aerospace & defense industry are still a bit expensive, Astrotech may offer a potential longer-term growth to investors. In closing, as of 17th of July 2020, we believe Astrotech is currently
undervalued. It follows the market closely and projects
high chance of bankruptcy in the next two years. However, our present 30 days buy-or-sell advice on the company is
Strong Sell.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile 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 Rifka Kats do not own shares of Astrotech Corp. Please refer to our
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