Astra Space Stock Analysis
ASTR Stock | USD 0.58 0.02 3.57% |
Astra Space is undervalued with Real Value of 4.18 and Target Price of 15.0. The main objective of Astra Space stock analysis is to determine its intrinsic value, which is an estimate of what Astra Space is worth, separate from its market price. There are two main types of Astra Space's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Astra Space's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Astra Space's stock to identify patterns and trends that may indicate its future price movements.
The Astra Space stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Astra Space is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Astra Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Astra Space's ongoing operational relationships across important fundamental and technical indicators.
Astra |
Astra Stock Analysis Notes
About 18.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.56. Some equities with similar Price to Book (P/B) outperform the market in the long run. Astra Space has Price/Earnings To Growth (PEG) ratio of 0.02. The entity recorded a loss per share of 7.35. The firm had not issued any dividends in recent years. Astra Space had 1:15 split on the 14th of September 2023. Astra Space, Inc., a space launch company, designs, tests, manufactures, and operates launch services, and space products and services. The company was founded in 2016 and is headquartered in Alameda, California. Astra Space operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 324 people. For more info on Astra Space please contact the company at 866 278 7217 or go to https://astra.com.Astra Space Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Astra Space's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Astra Space or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Astra Space generated a negative expected return over the last 90 days | |
Astra Space has high historical volatility and very poor performance | |
Astra Space has some characteristics of a very speculative penny stock | |
Astra Space has a very high chance of going through financial distress in the upcoming years | |
The company reported the previous year's revenue of 963 K. Net Loss for the year was (132.95 M) with loss before overhead, payroll, taxes, and interest of (20.16 M). | |
Astra Space currently holds about 200.68 M in cash with (128.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Astra Space has a poor financial position based on the latest SEC disclosures | |
Latest headline from news.google.com: Astra Space Will Have To Spend Its Cash Wisely - Yahoo Movies UK |
Astra Space Upcoming and Recent Events
Earnings reports are used by Astra Space to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Astra Space previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of April 2024 Upcoming Quarterly Report | View | |
20th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
4th of April 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Astra Largest EPS Surprises
Earnings surprises can significantly impact Astra Space's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-03-30 | 2022-12-31 | -0.14 | -0.16 | -0.02 | 14 | ||
2022-03-31 | 2021-12-31 | -0.25 | -0.2 | 0.05 | 20 | ||
2022-11-08 | 2022-09-30 | -0.18 | -0.26 | -0.08 | 44 |
Astra Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Astra Space is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astra Space backward and forwards among themselves. Astra Space's institutional investor refers to the entity that pools money to purchase Astra Space's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | State Street Corporation | 2023-12-31 | 28.9 K | Group One Trading, Lp | 2023-12-31 | 20 K | Northern Trust Corp | 2023-12-31 | 17.9 K | Two Sigma Advisers, Llc | 2023-12-31 | 16.2 K | Point72 Asia (singapore) Pte. Ltd | 2023-12-31 | 13.6 K | Ubs Group Ag | 2023-12-31 | 12.7 K | Harbourvest Partners, Llc | 2023-12-31 | 12.4 K | Tower Research Capital Llc | 2023-12-31 | 4.8 K | Bank Of America Corp | 2023-12-31 | 2.4 K | Vanguard Group Inc | 2023-12-31 | 545.7 K | Pine Ridge Advisers Llc | 2023-12-31 | 199.4 K |
Astra Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astra Space's market, we take the total number of its shares issued and multiply it by Astra Space'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.Astra Profitablity
Astra Space's profitability indicators refer to fundamental financial ratios that showcase Astra Space's ability to generate income relative to its revenue or operating costs. If, let's say, Astra Space is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Astra Space's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Astra Space's profitability requires more research than a typical breakdown of Astra Space's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (4.89) | (5.13) | |
Return On Capital Employed | (5.17) | (4.91) | |
Return On Assets | (4.61) | (4.84) | |
Return On Equity | (9.77) | (9.29) |
Management Efficiency
Astra Space has return on total asset (ROA) of (0.6819) % which means that it has lost $0.6819 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.1771) %, meaning that it created substantial loss on money invested by shareholders. Astra Space's management efficiency ratios could be used to measure how well Astra Space manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/17/2024, Return On Tangible Assets is likely to drop to -5.13. In addition to that, Return On Capital Employed is likely to grow to -4.91. At this time, Astra Space's Net Tangible Assets are relatively stable compared to the past year. As of 04/17/2024, Other Assets is likely to grow to about 2.1 M, while Other Current Assets are likely to drop slightly above 8.6 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 4.18 | 4.39 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 3.67 | 3.85 | |
Enterprise Value Over EBITDA | (0.79) | (0.83) | |
Price Book Value Ratio | 1.26 | 1.32 | |
Enterprise Value Multiple | (0.79) | (0.83) | |
Price Fair Value | 1.26 | 1.32 | |
Enterprise Value | 108.7 M | 103.3 M |
The analysis of Astra Space's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Astra Space's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Astra Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 2.976 |
Technical Drivers
As of the 17th of April 2024, Astra Space shows the Mean Deviation of 5.52, standard deviation of 8.62, and Risk Adjusted Performance of (0.08). Astra Space 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 interpolate and analyze data for thirteen technical drivers for Astra Space, which can be compared to its peers. Please confirm Astra Space market risk adjusted performance and treynor ratio to decide if Astra Space is priced correctly, providing market reflects its regular price of 0.58 per share. As Astra Space is a penny stock we also strongly suggest to validate its jensen alpha numbers.Astra Space Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Astra Space middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Astra Space. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Astra Space Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Astra Space insiders, such as employees or executives, is commonly permitted as long as it does not rely on Astra Space's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Astra Space insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Astra Space Predictive Daily Indicators
Astra Space intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Astra Space stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Astra Space Forecast Models
Astra Space's time-series forecasting models are one of many Astra Space'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 Astra Space'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.About Astra Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Astra Space 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 Astra 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 Astra Space. By using and applying Astra Stock analysis, traders can create a robust methodology for identifying Astra entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (39.52) | (41.50) | |
Operating Profit Margin | (40.23) | (42.24) | |
Net Loss | (67.20) | (70.56) | |
Gross Profit Margin | (1.94) | (2.03) |
Current Astra Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Astra 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. Astra 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.
Target Price | Advice | # of Analysts | |
15.0 | Hold | 1 | Odds |
Most Astra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Astra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Astra Space, talking to its executives and customers, or listening to Astra conference calls.
Astra Stock Analysis Indicators
Astra Space stock analysis indicators help investors evaluate how Astra Space stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Astra Space shares will generate the highest return on investment. By understating and applying Astra Space stock analysis, traders can identify Astra Space position entry and exit signals to maximize returns.
Begin Period Cash Flow | 67.6 M | |
Common Stock Shares Outstanding | 17.7 M | |
Total Stockholder Equity | 82.3 M | |
Property Plant And Equipment Net | 37.1 M | |
Cash And Short Term Investments | 102.8 M | |
Cash | 33.6 M | |
Accounts Payable | 1.8 M | |
Net Debt | -20.8 M | |
50 Day M A | 1.1202 | |
Total Current Liabilities | 81.5 M | |
Non Current Assets Total | 48.9 M | |
Non Currrent Assets Other | 1.7 M | |
Stock Based Compensation | 20.3 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astra Space. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Astra Stock, please use our How to Invest in Astra Space guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Astra Space's price analysis, check to measure Astra Space'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 Astra Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astra Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.
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Is Astra Space'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 Astra Space. If investors know Astra 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 Astra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.35) | Revenue Per Share 0.053 | Quarterly Revenue Growth (0.91) | Return On Assets (0.68) | Return On Equity (2.18) |
The market value of Astra Space is measured differently than its book value, which is the value of Astra that is recorded on the company's balance sheet. Investors also form their own opinion of Astra Space's value that differs from its market value or its book value, called intrinsic value, which is Astra Space'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 Astra Space's market value can be influenced by many factors that don't directly affect Astra Space'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 Astra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astra Space'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.