Astronova Stock Today

ALOT
 Stock
  

USD 11.65  0.04  0.34%   

Market Performance
0 of 100
Odds Of Distress
Less than 12
Astronova is selling for under 11.65 as of the 25th of September 2022; that is -0.34 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 11.65. Astronova has less than a 12 % chance of experiencing some financial distress in the next two years of operation, 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 5th of October 2020 and ending today, the 25th of September 2022. Click here to learn more.
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 7.26 M outstanding shares of which 11.34 K shares are presently shorted by private and institutional investors with about 1.67 trading days to cover. More on Astronova
Follow Valuation Odds of Bankruptcy
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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.
Astronova generated a negative expected return over the last 90 days
Astronova currently holds about 5.75 M in cash with (4.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
Latest headline from MacroaxisInsider: Exercise or conversion by Gregory Woods of 25000 shares of Astronova subject to Rule 16b-3
CEO and President and DirectorGregory Woods
Thematic IdeaComputers (view all)
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.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Astronova's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Astronova (ALOT) is traded on NASDAQ Exchange in USA and employs 339 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 84.54 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 these looking for more risk prefer small-cap and mid-cap equities. Astronova conducts business under Technology sector and is part of Computer Hardware industry. The entity has 7.26 M outstanding shares of which 11.34 K shares are presently shorted by private and institutional investors with about 1.67 trading days to cover. Astronova currently holds about 5.75 M in cash with (4.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
Check Astronova Probability Of Bankruptcy
Ownership
The market capitalization of Astronova is $84.54 Million. 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 regulation 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 about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.

Ownership Allocation (%)

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 84.65%. 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 -0.0281. This suggests as returns on benchmark increase, returns on holding Astronova are expected to decrease at a much lower rate. During the bear market, however, Astronova is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Astronova is significantly underperforming DOW.
  Odds Below 11.65HorizonTargetOdds Above 11.65
15.17%90 days
 11.65 
84.65%
Based on a normal probability distribution, the odds of Astronova to move above the current price in 90 days from now is about 84.65 (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.
InstituionSecurity TypeTotal SharesValue
Dimensional Fund Advisors LpCommon Shares549.5 K6.6 M
Royce Associates LpCommon Shares517.3 K6.2 M
View Astronova Diagnostics

Astronova Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Astronova market risk premium is the additional return an investor will receive from holding Astronova long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Astronova. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Astronova's alpha and beta are two of the key measurements used to evaluate Astronova's performance over the market, the standard measures of volatility play an important role as well.

Astronova 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.

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.

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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 - DirectorProfile
Harold Schofield - Independent DirectorProfile
Jean Bua - DirectorProfile
Yvonne Schlaeppi - DirectorProfile

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 Shape 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.
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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 Astronova value 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.