Astrotech Stock Today

ASTC Stock  USD 10.40  0.15  1.46%   

Market Performance

0 of 100


Odds Of Distress

Less than 11

Astrotech Corp is trading at 10.40 as of the 26th of September 2023, a 1.46 percent increase since the beginning of the trading day. The stock's open price was 10.25. Astrotech Corp has less than a 11 % 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 Astrotech Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of August 2023 and ending today, the 26th of September 2023. Click here to learn more.
Business Domain
Capital Goods
IPO Date
20th of December 1995
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 1.68 M outstanding shares of which 19.96 K shares are presently shorted by private and institutional investors with about 3.46 trading days to cover. More on Astrotech Corp

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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.
Older SymbolSPAB
Chairman of the Board, CEOThomas Pickens
Average Analyst Recommendation
Analysts covering Astrotech Corp report their recommendations after researching Astrotech Corp's financial statements, talking to executives and customers, or listening in on Astrotech Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Astrotech Corp. The Astrotech consensus assessment is calculated by taking the average forecast from all of the analysts covering Astrotech Corp.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Astrotech Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Astrotech Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares DilutedM1.8 M
Significantly Up
Slightly volatile
Weighted Average SharesM1.8 M
Significantly Up
Slightly volatile
Return on Average Assets(0.14)(0.13)
Significantly Down
Pretty Stable
Current Liabilities2.8 M2.4 M
Fairly Up
Slightly volatile
Total Liabilities3.3 M2.7 M
Fairly Up
Slightly volatile
Gross Margin0.250.2
Fairly Up
Slightly volatile
Total Debt957.9 K933.3 K
Fairly Up
Slightly volatile
Asset Turnover0.01380.0135
Fairly Up
Slightly volatile
Current Assets68.2 M63.2 M
Significantly Up
Slightly volatile
Total Assets40.1 M50.6 M
Significantly Down
Very volatile
Macroaxis Advice
The 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 Astrotech Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Astrotech Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Astrotech Corp deploys its capital and how much of that capital is borrowed.
Astrotech Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.04 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Astrotech Corp has a current ratio of 20.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Astrotech Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Astrotech Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astrotech Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astrotech to invest in growth at high rates of return. When we think about Astrotech Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(6.6 Million)
Astrotech Corp (ASTC) is traded on NASDAQ Exchange in USA. It is located in 2105 Donley Drive, Austin, TX, United States, 78758 and employs 14 people. Astrotech Corp was previously known as SPDR Portfolio Aggregate and was traded on NYSE ARCA Exchange under the symbol SPAB. 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 17.24 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 1.68 M outstanding shares of which 19.96 K shares are presently shorted by private and institutional investors with about 3.46 trading days to cover. Astrotech Corp currently holds about 52.63 M in cash with (6.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04.
Check Astrotech Corp Probability Of Bankruptcy
The market capitalization of Astrotech Corp is $17.24 Million. Astrotech Corp shows 11.67 percent if its outstanding shares held by insiders and 11.67 percent owned by other corporate entities . Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.

Ownership Allocation

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 77.85%. 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 0.912. This suggests Astrotech Corp market returns are highly-sensitive to returns on the market. As the market goes up or down, Astrotech Corp is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Astrotech Corp is significantly underperforming NYSE Composite.
  Odds Below 10.4HorizonTargetOdds Above 10.4
22.06%90 days
Based on a normal probability distribution, the odds of Astrotech Corp to move above the current price in 90 days from now is about 77.85 (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.
InstituionLast TransactionTypeSharesValue
Bml Capital Management Llc2023-06-30Common Shares220.4 K3.1 M
Vanguard Group Inc2023-06-30Common Shares49.6 K702.5 K
Acuitas Investments Llc2023-06-30Common Shares43.3 K613.8 K
Geode Capital Management Llc2023-06-30Common Shares21.3 K301.9 K
Blackrock Inc2023-06-30Common Shares20.2 K286.5 K
Dimensional Fund Advisors Lp2023-06-30Common Shares11.3 K159.9 K
Edge Capital Group Llc2023-06-30Common Shares11 K155.8 K
Marquette Asset Management Llc2023-06-30Common Shares10.7 K151.6 K
Clear Street Markets Llc2023-06-30Common Shares6.1 K86 K
State Street Corp2022-09-30Common Shares161.2 K71 K
Renaissance Technologies Llc2022-09-30Common Shares158.6 K70 K
View Astrotech Corp Diagnostics

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.
Astrotech Corp Gross Profit is projected to decrease significantly based on the last few years of reporting. The past year's Gross Profit was at 172,800. The current year's Operating Expenses is expected to grow to about 8.8 M, whereas Consolidated Income is forecasted to decline to (8.1 M). View More Fundamentals

Astrotech 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.

Be your own money manager

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.

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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 ReaddyIndependent DirectorProfile
ShaChelle ManningIndependent DirectorProfile
Ronald CantwellDirectorProfile
Daniel RusslerIndependent DirectorProfile

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 Shape 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.
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 non-hispanic. For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
Return On Equity
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.