Astronova Stock Analysis

AstroNova Stock Analysis Notes

About 18.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.42. Some equities with similar Price to Book (P/B) outperform the market in the long run. AstroNova last dividend was issued on the 25th of March 2020. The entity had 5:4 split on the 3rd of July 2006. AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. AstroNova, Inc. was incorporated in 1969 and is headquartered in West Warwick, Rhode Island. Astronova operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 3 people. For more info on AstroNova please contact Gregory Woods at 401 828 4000 or go to https://www.astronovainc.com.

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AstroNova Stock Institutional Investors

Note, although AstroNova's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

AstroNova Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 133.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AstroNova's market, we take the total number of its shares issued and multiply it by AstroNova's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

AstroNova Profitablity

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.

Management Efficiency

AstroNova has return on total asset (ROA) of 0.0522 % which means that it generated a profit of $0.0522 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0538 %, meaning that it created $0.0538 on every $100 dollars invested by stockholders. AstroNova's management efficiency ratios could be used to measure how well AstroNova manages its routine affairs as well as how well it operates its assets and liabilities. At this time, AstroNova's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.06 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, AstroNova's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 139.9 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 2 M in 2024.

Technical Drivers

As of the 25th of April, AstroNova shows the Risk Adjusted Performance of (0.01), mean deviation of 1.04, and Standard Deviation of 1.47. AstroNova technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for AstroNova, which can be compared to its peers. Please confirm AstroNova market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if AstroNova is priced correctly, providing market reflects its regular price of 17.44 per share. Given that AstroNova has information ratio of (0.09), we suggest you to validate AstroNova's prevailing market performance to make sure the company can sustain itself at a future point.

AstroNova Price Movement Analysis

AstroNova Insider Trading Activities

AstroNova Predictive Daily Indicators

AstroNova Corporate Filings

AstroNova Forecast Models

AstroNova's time-series forecasting models are one of many AstroNova's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary AstroNova's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how AstroNova prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling AstroNova shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as AstroNova. By using and applying AstroNova Stock analysis, traders can create a robust methodology for identifying AstroNova entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. AstroNova analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. AstroNova analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

AstroNova stock analysis indicators help investors evaluate how AstroNova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading AstroNova shares will generate the highest return on investment. By understating and applying AstroNova stock analysis, traders can identify AstroNova position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstroNova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

When running AstroNova's price analysis, check to measure AstroNova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.

Is AstroNova's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AstroNova. If investors know AstroNova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AstroNova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of AstroNova is measured differently than its book value, which is the value of AstroNova that is recorded on the company's balance sheet. Investors also form their own opinion of AstroNova's value that differs from its market value or its book value, called intrinsic value, which is AstroNova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AstroNova's market value can be influenced by many factors that don't directly affect AstroNova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between AstroNova's value and its price as these two are different measures arrived at by different means. Investors typically determine if AstroNova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AstroNova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.