ATRO - Astronics Corp Stock Price, Fair Value and News

20.87USD+0.23 (+1.11%)Market Closed

Market Summary

USD20.87+0.23

Market Closed

1.11%

ATRO Alerts

Losses in recent quarter

ATRO Stock Price

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ATRO RSI Chart

ATRO Valuation

Market Cap

727.6M

Price/Earnings (Trailing)

-28.89

Price/Sales (Trailing)

1.01

EV/EBITDA

-34.2

Price/Free Cashflow

-266.32

ATRO Price/Sales (Trailing)

ATRO Profitability

EBT Margin

-3.86%

Return on Equity

-10%

Return on Assets

-4%

Free Cashflow Yield

-0.38%

ATRO Fundamentals

ATRO Revenue

Revenue (TTM)

717.7M

Rev. Growth (Yr)

18.23%

Rev. Growth (Qtr)

-5.23%

ATRO Earnings

Earnings (TTM)

-25.2M

Earnings Growth (Yr)

28.02%

Earnings Growth (Qtr)

-145.56%

Breaking Down ATRO Revenue

Last 7 days

13.1%

Last 30 days

23.3%

Last 90 days

7.6%

Trailing 12 Months

28.4%

How does ATRO drawdown profile look like?

ATRO Financial Health

Current Ratio

2.59

Debt/Equity

0.61

Debt/Cashflow

-0.02

ATRO Investor Care

Shares Dilution (1Y)

7.25%

Diluted EPS (TTM)

-0.77

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	717.7M	0	0	0
2023	575.3M	620.6M	652.1M	689.2M
2022	455.2M	473.2M	492.8M	534.9M
2021	450.9M	438.3M	443.7M	444.9M
2020	722.1M	656.7M	586.2M	502.6M
2019	832.4M	812.9M	777.2M	772.7M
2018	651.1M	708.6M	771.7M	803.3M
2017	626.0M	612.7M	607.2M	624.5M
2016	690.2M	681.4M	636.4M	633.1M
2015	681.7M	680.3M	701.0M	692.3M
2014	406.9M	510.7M	600.4M	661.0M
2013	275.3M	281.1M	301.9M	339.9M
2012	238.2M	247.7M	260.2M	266.4M
2011	203.9M	212.3M	218.8M	228.2M
2010	0	192.7M	194.2M	195.8M
2009	0	0	0	191.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Astronics Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	kuehn michael c	sold	-125,351	17.72	-7,074	executive vice president
Mar 08, 2024	gundermann peter j	sold (taxes)	-43,980	18.9	-2,327	president/ceo
Mar 08, 2024	kuehn michael c	acquired	-	-	8,064	executive vice president
Mar 08, 2024	gundermann peter j	acquired	-	-	9,556	president/ceo
Mar 08, 2024	hedges nancy l	sold (taxes)	-32,980	18.9	-1,745	principal accounting officer
Mar 08, 2024	hedges nancy l	acquired	-	-	4,578	principal accounting officer
Mar 08, 2024	kuehn michael c	sold (taxes)	-44,660	18.9	-2,363	executive vice president
Mar 08, 2024	burney david c	sold (taxes)	-59,988	18.9	-3,174	vp-finance, cfo
Mar 08, 2024	peabody mark	acquired	-	-	7,663	vp astronics advanced electron
Mar 08, 2024	kramer james s	sold (taxes)	-38,877	18.9	-2,057	vp luminescent systems, inc.

Which funds bought or sold ATRO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	JANUS HENDERSON GROUP PLC	added	0.05	21,655	257,601	-%
May 15, 2024	NEEDHAM INVESTMENT MANAGEMENT LLC	new	-	4,188,800	4,188,800	0.39%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-10.58	-29,402	1,271,870	-%
May 15, 2024	Royal Bank of Canada	added	14.16	115,000	579,000	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-99.33	-889,705	6,607	-%
May 15, 2024	Voya Investment Management LLC	sold off	-100	-193,170	-	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-58.02	-3,287,350	2,787,270	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	new	-	31,416	31,416	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-47.66	-262,393	350,774	-%
May 15, 2024	ALGERT GLOBAL LLC	sold off	-100	-377,000	-	-%

Are Funds Buying or Selling ATRO?

Are funds buying ATRO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATRO

No. of Funds

ATRO Alerts

Losses in recent quarter

Unveiling Astronics Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	next century growth investors llc	7.95%	7	SC 13G/A
Feb 13, 2024	vanguard group inc	5.10%	1,424,677	SC 13G/A
Jan 26, 2024	blackrock inc.	6.9%	1,931,913	SC 13G/A
Feb 14, 2023	bares capital management, inc.	5.95%	1,538,107	SC 13G
Feb 13, 2023	next century growth investors llc	9.15%	9	SC 13G/A
Feb 09, 2023	vanguard group inc	5.03%	1,301,181	SC 13G
Feb 08, 2023	paradice investment management llc	0.0%	0	SC 13G/A
Jan 31, 2023	blackrock inc.	7.7%	1,984,859	SC 13G/A
Jan 27, 2023	royce & associates lp	4.59%	1,187,511	SC 13G/A
Oct 05, 2022	325 capital llc	1.2%	12	SC 13D/A

Recent SEC filings of Astronics Corp

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 08, 2024	8-K	Current Report
May 06, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report

Astronics Corp News

Latest updates

Astronics Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.2%	185,074,000	195,292,000	162,922,000	174,454,000	156,538,000	158,153,000	131,438,000	129,127,000	116,176,000	116,052,000	111,841,000	111,158,000	105,857,000	114,803,000	106,506,000	123,694,000	157,584,000	198,412,000	177,018,000	189,098,000	208,174,000
Gross Profit	-14.5%	34,191,000	39,973,000	20,618,000	32,695,000	27,510,000	21,510,000	14,388,000	15,709,000	19,933,000	18,464,000	17,231,000	15,395,000	14,273,000	19,118,000	15,173,000	26,833,000	35,719,000	26,908,000	36,794,000	40,363,000	52,077,000
S&GA Expenses	1.0%	32,525,000	32,191,000	35,097,000	30,299,000	29,880,000	24,677,000	28,702,000	24,105,000	24,100,000	32,222,000	21,729,000	21,315,000	23,785,000	24,587,000	24,170,000	32,904,000	28,867,000	52,681,000	31,691,000	29,790,000	29,196,000
EBITDA Margin	-4.3%	-0.04	-0.03	-0.05	-0.04	-0.04	-0.02	0.00	0.02	0.03	-0.01	-0.03	-0.03	-0.07	-0.17	-0.21	-0.17	-0.10	0.12	-	-	-
Interest Expenses	3.2%	-5,759,000	-5,947,000	-5,991,000	-5,920,000	-5,470,000	-3,610,000	-2,519,000	-1,662,000	-1,631,000	-1,552,000	-1,795,000	-1,699,000	-1,758,000	-1,650,000	-1,775,000	-1,983,000	-1,333,000	-1,565,000	-1,547,000	-1,225,000	-1,804,000
Income Taxes	75.2%	-1,351,000	-5,442,000	-3,835,000	8,097,000	1,290,000	-429,000	-2,403,000	661,000	8,125,000	-1,755,000	335,000	-67,000	105,000	12,444,000	-5,887,000	-872,000	-2,314,000	-9,217,000	550,000	2,104,000	22,849,000
Earnings Before Taxes	-395.2%	-4,529,000	1,534,000	-20,818,000	-3,902,000	-3,125,000	-7,208,000	-17,260,000	-10,349,000	5,024,000	-151,000	-6,839,000	-8,166,000	-11,804,000	-7,541,000	-11,141,000	-24,451,000	-69,277,000	-43,282,000	1,760,000	8,830,000	100,995,000
EBT Margin	-1.1%	-0.04	-0.04	-0.05	-0.05	-0.07	-0.06	-0.05	-0.03	-0.02	-0.06	-0.08	-0.09	-0.12	-0.22	-0.25	-0.21	-0.14	0.09	-	-	-
Net Income	-145.6%	-3,178,000	6,976,000	-16,983,000	-11,999,000	-4,415,000	-6,779,000	-14,857,000	-11,010,000	-3,101,000	1,604,000	-7,174,000	-8,099,000	-11,909,000	-19,985,000	-5,254,000	-23,579,000	-66,963,000	-34,065,000	1,210,000	6,726,000	78,146,000
Net Income Margin	8.5%	-0.04	-0.04	-0.06	-0.06	-0.06	-0.07	-0.06	-0.04	-0.04	-0.06	-0.11	-0.10	-0.13	-0.23	-0.22	-0.19	-0.13	0.07	-	-	-
Free Cashflow	221.7%	2,037,000	-1,674,000	-7,199,000	-8,044,000	-25,255,000	4,755,000	-34,885,000	-16,720,000	-5,758,000	6,896,000	-22,236,000	-1,549,000	-12,937,000	-252,000	-16,110,000	12,225,000	17,176,000	6,374,000	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.6%	630	634	631	654	616	615	599	582	588	609	610	602	606	620	637	659	850	783	778	767	781
Current Assets	0.5%	392	390	381	398	374	365	347	324	326	340	332	316	310	317	314	327	495	343	353	355	361
Cash Equivalents	39.0%	7.00	5.00	4.00	3.00	4.00	14.00	3.00	11.00	24.00	30.00	29.00	34.00	31.00	40.00	30.00	47.00	188	32.00	23.00	17.00	16.00
Inventory	4.0%	199	192	204	207	200	188	190	175	166	158	157	154	155	157	163	157	152	146	150	143	139
Net PPE	-2.1%	84.00	85.00	87.00	88.00	89.00	91.00	91.00	91.00	93.00	95.00	97.00	100	105	107	108	109	112	112	113	117	117
Goodwill	-0.1%	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	58.00	71.00	145	134	125	125
Liabilities	-1.6%	378	384	398	423	377	375	362	332	328	353	359	348	346	349	348	366	536	394	352	292	315
Current Liabilities	5.5%	151	143	158	174	147	152	133	125	121	119	102	99.00	95.00	94.00	99.00	112	120	121	119	120	148
Long Term Debt	-3.8%	153	159	160	169	166	160	159	136	137	163	183	173	173	173	168	173	333	188	180	122	115
LT Debt, Current	0.0%	9.00	9.00	9.00	9.00	7.00	5.00	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LT Debt, Non Current	-100.0%	-	159	160	169	166	160	159	136	137	163	183	173	173	173	168	173	333	188	180	122	115
Shareholder's Equity	0.9%	252	250	232	222	100	240	237	251	94.00	257	252	293	260	270	290	292	314	389	426	76.00	466
Retained Earnings	-100.0%	-	210	-	-	-	240	-	-	-	287	-	-	-	313	-	-	-	429	-	-	-
Additional Paid-In Capital	-100.0%	-	130	-	-	-	99.00	-	-	-	92.00	-	-	-	82.00	-	-	-	76.00	-	-	-
Accumulated Depreciation	1.6%	128	126	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	-	35.00	-	-	-	33.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	593	-	-	-	298	-	-	-	494	-	-	-	266	-	-	-	1,107	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	221.7%	2,037	-1,674	-1,125	-1,970	-19,181	10,829	-28,811	-10,646	316	12,970	-16,162	4,525	-6,863	5,822	-10,036	18,299	23,250	12,448	21,185	-2,298	11,354
Share Based Compensation	75.7%	2,802	1,595	1,611	1,593	2,399	1,319	1,457	1,620	2,101	1,313	1,446	1,604	2,097	1,260	1,118	1,103	1,703	900	798	952	1,193
Cashflow From Investing	-6.8%	-1,598	-1,496	-2,231	-2,243	1,864	-3,312	-1,786	-1,317	20,801	7,788	-1,043	-1,661	-1,905	-1,822	-1,670	488	-2,793	-9,527	-22,719	-3,443	100,319
Cashflow From Financing	-175.8%	-5,042	6,656	6,834	2,769	9,176	3,537	22,773	-1,036	-26,686	-19,814	13,222	-360	-553	4,908	-5,487	-160,837	136,840	5,759	7,530	6,791	-112,262
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,732	784	50,000	-	-

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ATRO Income Statement

2024-03-30

Consolidated Condensed Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Sales	$ 185,074	$ 156,538
Cost of Products Sold	150,883	129,028
Gross Profit	34,191	27,510
Selling, General and Administrative Expenses	32,525	29,880
Income (Loss) from Operations	1,666	(2,370)
Net Gain on Sale of Business	0	(3,427)
Other Expense (Income), Net	436	(1,288)
Interest Expense, Net of Interest Income	5,759	5,470
Loss Before Income Taxes	(4,529)	(3,125)
(Benefit from) Provision for Income Taxes	(1,351)	1,290
Net Loss	$ (3,178)	$ (4,415)
Loss Per Share:
Basic (in usd per share)	$ (0.09)	$ (0.14)
Diluted (in usd per share)	$ (0.09)	$ (0.14)

ATRO Balance Sheet

2024-03-30

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 31, 2023
Current Assets:
Cash and Cash Equivalents	$ 5,308	$ 4,756
Restricted Cash	1,302	6,557
Accounts Receivable, Net of Allowance for Estimated Credit Losses	170,246	172,108
Inventories	199,497	191,801
Prepaid Expenses and Other Current Assets	15,541	14,560
Total Current Assets	391,894	389,782
Property, Plant and Equipment, Net of Accumulated Depreciation	83,684	85,436
Operating Right-of-Use Assets	27,419	27,909
Other Assets	6,690	7,035
Intangible Assets, Net of Accumulated Amortization	62,121	65,420
Goodwill	58,156	58,210
Total Assets	629,964	633,792
Current Liabilities:
Current Maturities of Long-term Debt	8,996	8,996
Accounts Payable	61,269	61,134
Current Operating Lease Liabilities	5,358	5,069
Accrued Expenses and Other Current Liabilities	55,399	46,106
Customer Advance Payments and Deferred Revenue	20,257	22,029
Total Current Liabilities	151,279	143,334
Long-term Debt	153,149	159,237
Long-term Operating Lease Liabilities	23,677	24,376
Other Liabilities	50,136	57,327
Total Liabilities	378,241	384,274
Shareholders’ Equity:
Common Stock	376	373
Accumulated Other Comprehensive Loss	(9,901)	(9,426)
Other Shareholders’ Equity	261,248	258,571
Total Shareholders’ Equity	251,723	249,518
Total Liabilities and Shareholders’ Equity	$ 629,964	$ 633,792

About Astronics Corp

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and mass transit industries, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.

CEO	Mr. Peter J. Gundermann
WEBSITE	astronics.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	2400

Astronics Corp Frequently Asked Questions

What is the ticker symbol for Astronics Corp? What does ATRO stand for in stocks?

ATRO is the stock ticker symbol of Astronics Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Astronics Corp (ATRO)?

As of Wed May 15 2024, market cap of Astronics Corp is 719.57 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATRO stock?

You can check ATRO's fair value in chart for subscribers.

What is the fair value of ATRO stock?

You can check ATRO's fair value in chart for subscribers. The fair value of Astronics Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Astronics Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATRO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Astronics Corp a good stock to buy?

The fair value guage provides a quick view whether ATRO is over valued or under valued. Whether Astronics Corp is cheap or expensive depends on the assumptions which impact Astronics Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATRO.

What is Astronics Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, ATRO's PE ratio (Price to Earnings) is -28.57 and Price to Sales (PS) ratio is 1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATRO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Astronics Corp's stock?

In the past 10 years, Astronics Corp has provided -0.057 (multiply by 100 for percentage) rate of return.