Astronics (NASDAQ:ATRO - Get Free Report) released its quarterly earnings results on Tuesday. The aerospace company reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.27, Zacks reports. Astronics had a positive return on equity of 6.94% and a negative net margin of 0.82%. The firm had revenue of $208.54 million during the quarter, compared to the consensus estimate of $194.91 million. During the same quarter in the prior year, the firm posted $0.35 EPS. Astronics updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.
Astronics Stock Down 0.2 %
Shares of NASDAQ ATRO traded down $0.05 during trading hours on Friday, hitting $24.45. The company had a trading volume of 1,060,379 shares, compared to its average volume of 403,072. The firm's 50 day moving average is $18.01 and its 200-day moving average is $18.32. Astronics has a 1-year low of $14.13 and a 1-year high of $25.54. The stock has a market capitalization of $862.16 million, a P/E ratio of -128.68 and a beta of 1.74. The company has a quick ratio of 1.46, a current ratio of 2.83 and a debt-to-equity ratio of 0.72.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. Truist Financial increased their price objective on Astronics from $17.00 to $23.00 and gave the company a "hold" rating in a report on Wednesday. StockNews.com raised Astronics from a "hold" rating to a "buy" rating in a report on Thursday.
View Our Latest Analysis on ATRO
Astronics Company Profile
(
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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.
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