Astrotech Corp Stock Today
| ASTC Stock | USD 9.26 0.16 1.76% |
Performance10 of 100
| Odds Of DistressLess than 5
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Astrotech Corp is trading at 9.26 as of the 23rd of April 2024, a 1.76% increase since the beginning of the trading day. The stock's open price was 9.1. Astrotech Corp has under 5 % chance of experiencing financial distress over the next 2 years and had a ok performance during the last 90 days. Equity ratings for Astrotech Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 20th of December 1995 | Category Industrials |
Astrotech Corporation operates as a mass spectrometry company worldwide. Astrotech Corporation was incorporated in 1984 and is based in Austin, Texas. Astrotech Corp operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. The company has 1.7 M outstanding shares of which 17.27 K shares are presently shorted by private and institutional investors with about 4.81 trading days to cover. More on Astrotech Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Astrotech 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. Astrotech Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astrotech Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Thomas Pickens | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Aerospace & Defense, Industrials, NASDAQ Composite, NASDAQ Composite Total, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Astrotech Corp's profitability, liquidity, and operating efficiency, Astrotech Corp is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Astrotech Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Astrotech Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Astrotech Corp'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 Astrotech Corp's financial leverage. It provides some insight into what part of Astrotech Corp's total assets is financed by creditors.
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Astrotech Corp (ASTC) is traded on NASDAQ Exchange in USA. It is located in 2105 Donley Drive, Austin, TX, United States, 78758 and employs 22 people. Astrotech Corp is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astrotech Corp's market, we take the total number of its shares issued and multiply it by Astrotech Corp'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. Astrotech Corp conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 1.7 M outstanding shares of which 17.27 K shares are presently shorted by private and institutional investors with about 4.81 trading days to cover.
Astrotech Corp currently holds about 52.63 M in cash with (7.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04.
Check Astrotech Corp Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Astrotech Corp is currently $15.49 Million. Astrotech Corp shows 11.8 percent of its outstanding shares held by insiders and 24.59 percent owned by other corporate entities. Be advised that no matter how volatile the entity is, if the real value of the firm is more than the value suggested by the market, you should consider buying it.
Check Astrotech Ownership Details
Astrotech Stock Price Odds Analysis
What are Astrotech Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Astrotech Corp jumping above the current price in 90 days from now is about 11.55%. The Astrotech Corp probability density function shows the probability of Astrotech Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Astrotech Corp has a beta of -0.5858. This suggests as returns on the benchmark increase, returns on holding Astrotech Corp are expected to decrease at a much lower rate. During a bear market, however, Astrotech Corp is likely to outperform the market. Additionally, astrotech Corp has an alpha of 0.4318, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Astrotech Corp to move above the current price in 90 days from now is about 11.55 (This Astrotech Corp probability density function shows the probability of Astrotech Stock to fall within a particular range of prices over 90 days) .
Astrotech Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Astrotech Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Astrotech Corp'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 Astrotech Corp's value.| Instituion | Recorded On | Shares | |
| Pnc Financial Services Group Inc | 2023-12-31 | 366 | |
| Harbour Investments, Inc. | 2023-12-31 | 33.0 | |
| Wells Fargo & Co | 2023-12-31 | 26.0 | |
| Ubs Group Ag | 2023-12-31 | 14.0 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 8.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 3.0 | |
| Bank Of America Corp | 2023-12-31 | 1.0 | |
| Venturi Wealth Management, Llc | 2023-09-30 | 0.0 | |
| Carmel Capital Partners Llc | 2023-12-31 | 0.0 | |
| Bml Capital Management Llc | 2023-12-31 | 220.4 K | |
| Acuitas Investments, Llc | 2023-12-31 | 62.6 K |
Astrotech Corp Historical Income Statement
Astrotech Corp Income Statement is one of the three primary financial statements used for reporting Astrotech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Astrotech Corp revenue and expense. Astrotech Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Astrotech Corp's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.7 M, whereas Interest Expense is forecasted to decline to about 226.6 K. View More FundamentalsAstrotech Stock Against Markets
Picking the right benchmark for Astrotech Corp 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 Astrotech Corp 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 Astrotech Corp is critical whether you are bullish or bearish towards Astrotech Corp at a given time. Please also check how Astrotech Corp's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Astrotech Corp 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?
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Astrotech Corp Corporate Directors
Astrotech Corp corporate directors refer to members of an Astrotech Corp board of directors. The board of directors generally takes responsibility for the Astrotech Corp'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 Astrotech Corp's board members must vote for the resolution. The Astrotech Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| William Readdy | Independent Director | Profile | |
| ShaChelle Manning | Independent Director | Profile | |
| Ronald Cantwell | Director | Profile | |
| Daniel Russler | Independent Director | Profile |
How to buy Astrotech Stock?
Before investing in Astrotech Corp, 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 Astrotech Corp. To buy Astrotech Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Astrotech Corp. 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 Astrotech Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Astrotech Corp 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 Astrotech Corp 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 Astrotech Corp, 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 Astrotech Stock please use our How to Invest in Astrotech Corp guide.
Already Invested in Astrotech Corp?
The danger of trading Astrotech Corp 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 Astrotech Corp 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 Astrotech Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astrotech Corp 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 Astrotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrotech Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrotech Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astrotech Corp. 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. For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running Astrotech Corp's price analysis, check to measure Astrotech Corp'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 Astrotech Corp is operating at the current time. Most of Astrotech Corp's value examination focuses on studying past and present price action to predict the probability of Astrotech Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astrotech Corp's price. Additionally, you may evaluate how the addition of Astrotech Corp to your portfolios can decrease your overall portfolio volatility.
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Is Astrotech Corp'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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.28) | Revenue Per Share 1.221 | Quarterly Revenue Growth 3.24 | Return On Assets (0.16) | Return On Equity (0.23) |
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp'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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp'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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrotech Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp'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.