Astronics (ATRO) to Release Quarterly Earnings on Wednesday

Astronics (NASDAQ:ATRO - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $194.91 million for the quarter.

Astronics Trading Up 7.6 %

ATRO traded up $1.42 during midday trading on Friday, reaching $20.20. 1,061,743 shares of the company were exchanged, compared to its average volume of 260,657. The stock has a market capitalization of $712.25 million, a P/E ratio of -106.31 and a beta of 1.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.46 and a current ratio of 2.83. The stock's 50-day simple moving average is $17.04 and its 200 day simple moving average is $18.17. Astronics has a one year low of $14.13 and a one year high of $23.74.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. StockNews.com raised Astronics from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Truist Financial dropped their price target on Astronics from $20.00 to $17.00 and set a "hold" rating on the stock in a research report on Tuesday, January 14th.

Astronics Company Profile

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.