Astronova Stock Today
| ALOT Stock | USD 17.20 0.67 3.75% |
Performance0 of 100
| Odds Of DistressLess than 2
|
AstroNova is selling for under 17.20 as of the 24th of April 2024; that is -3.75 percent down since the beginning of the trading day. The stock's last reported lowest price was 17.2. AstroNova has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for AstroNova are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 7th of September 1984 | Category Technology | Classification Information Technology |
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. The company has 7.74 M outstanding shares of which 23.42 K shares are presently shorted by private and institutional investors with about 1.89 trading days to cover. More on AstroNova
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
AstroNova Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AstroNova's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AstroNova or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Gregory Woods | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Technology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering AstroNova report their recommendations after researching AstroNova's financial statements, talking to executives and customers, or listening in on AstroNova's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AstroNova. The AstroNova consensus assessment is calculated by taking the average forecast from all of the analysts covering AstroNova. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from AstroNova's financial statements, AstroNova is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of AstroNova is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AstroNova's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AstroNova's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AstroNova's financial leverage. It provides some insight into what part of AstroNova's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AstroNova (ALOT) is traded on NASDAQ Exchange in USA. It is located in 600 East Greenwich Avenue, West Warwick, RI, United States, 02893 and employs 365 people. AstroNova is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 138.37 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 conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 7.74 M outstanding shares of which 23.42 K shares are presently shorted by private and institutional investors with about 1.89 trading days to cover.
AstroNova currently holds about 4.29 M in cash with 12.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58.
Check AstroNova Probability Of Bankruptcy
Ownership AllocationAstroNova retains a total of 7.74 Million outstanding shares. 30% of AstroNova outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check AstroNova Ownership Details
AstroNova Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of AstroNova jumping above the current price in 90 days from now is about 80.54%. The AstroNova probability density function shows the probability of AstroNova stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AstroNova has a beta of 0.4243. This suggests as returns on the market go up, AstroNova average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AstroNova will be expected to be much smaller as well. Additionally, astroNova has an alpha of 0.0227, implying that it can generate a 0.0227 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AstroNova to move above the current price in 90 days from now is about 80.54 (This AstroNova probability density function shows the probability of AstroNova Stock to fall within a particular range of prices over 90 days) .
AstroNova Stock Institutional Holders
Institutional Holdings refers to the ownership stake in AstroNova that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AstroNova's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AstroNova's value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 56.9 K | |
| Diamond Hill Capital Management Inc | 2023-12-31 | 55 K | |
| Mml Investors Services Inc | 2023-12-31 | 49.7 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 36.7 K | |
| State Street Corporation | 2023-12-31 | 21.4 K | |
| Marquette Asset Management Inc. | 2023-12-31 | 18.9 K | |
| Acadian Asset Management Llc | 2023-12-31 | 15.8 K | |
| Royal Bank Of Canada | 2023-12-31 | 14.6 K | |
| Fmr Inc | 2023-12-31 | 2.9 K | |
| Juniper Investment Co, Llc | 2023-09-30 | 535.2 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 517 K |
AstroNova Historical Income Statement
AstroNova Income Statement is one of the three primary financial statements used for reporting AstroNova's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AstroNova revenue and expense. AstroNova Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AstroNova's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.4 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 25.1 M in 2024. View More FundamentalsAstroNova Stock Against Markets
Picking the right benchmark for AstroNova stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AstroNova stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AstroNova is critical whether you are bullish or bearish towards AstroNova at a given time. Please also check how AstroNova's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AstroNova without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
AstroNova Corporate Directors
AstroNova corporate directors refer to members of an AstroNova board of directors. The board of directors generally takes responsibility for the AstroNova's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AstroNova's board members must vote for the resolution. The AstroNova board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| April Ondis | Director | Profile | |
| Harold Schofield | Independent Director | Profile | |
| Jean Bua | Director | Profile | |
| Yvonne Schlaeppi | Director | Profile |
How to buy AstroNova Stock?
Before investing in AstroNova, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AstroNova. To buy AstroNova stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AstroNova. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AstroNova stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AstroNova stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AstroNova stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AstroNova, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.
Already Invested in AstroNova?
The danger of trading AstroNova is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AstroNova is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AstroNova. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AstroNova is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether AstroNova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AstroNova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Astronova Stock. Highlighted below are key reports to facilitate an investment decision about Astronova Stock: 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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for AstroNova Stock analysis
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.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
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.
Quarterly Earnings Growth 0.995 | Earnings Share 0.63 | Revenue Per Share 19.971 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0522 |
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.