Astrotech (ASTC) Stock Price, News & Analysis

Company Overview

Astrotech Corporation operates as a mass spectrometry company worldwide. It owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology, a platform mass spectrometry technology. The company also develops TRACER 1000, a mass spectrometer-based explosive trace detector to replace the explosives trace detectors used at airports, cargo and other secured facilities, and borders. In addition, it develops AgLAB-1000, a mass spectrometer for use in the hemp and cannabis market. Further, the company develops BreathTest-1000, a breath analysis tool to screen for volatile organic compound metabolites found in a person's breath. The company was formerly known as SPACEHAB, Inc. and changed its name to Astrotech Corporation in 2009. The company was incorporated in 1984 and is based in Austin, Texas.

Key Stats

• Today's Range: $7.31 to $7.79
• 50-Day Range: $6.57 to $8.43
• 52-Week Range: $6.56 to $12.29
• Volume: 14,635 shs
• Average Volume: 12,490 shs
• Market Capitalization: $13.24 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Astrotech Stock Analysis - MarketRank™

Astrotech scored higher than 19% of companies evaluated by MarketBeat, and ranked 45th out of 50 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Astrotech.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Astrotech is -1.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Astrotech is -1.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Astrotech has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.34% of the float of Astrotech has been sold short.

Short Interest Ratio / Days to Cover

Astrotech has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Astrotech has recently decreased by 46.32%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Astrotech does not currently pay a dividend.

Dividend Growth

Astrotech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.34% of the float of Astrotech has been sold short.

Short Interest Ratio / Days to Cover

Astrotech has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Astrotech has recently decreased by 46.32%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Astrotech has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Aerospace companies.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Astrotech insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.90% of the stock of Astrotech is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.35% of the stock of Astrotech is held by institutions.

ASTC Stock Analysis - Frequently Asked Questions

How have ASTC shares performed this year?

Astrotech's stock was trading at $8.49 on January 1st, 2024. Since then, ASTC shares have decreased by 11.0% and is now trading at $7.56.
View the best growth stocks for 2024 here.

How were Astrotech's earnings last quarter?

Astrotech Co. (NASDAQ:ASTC) posted its quarterly earnings results on Thursday, September, 19th. The aerospace company reported ($1.78) earnings per share (EPS) for the quarter. The aerospace company earned $0.07 million during the quarter. Astrotech had a negative net margin of 945.17% and a negative trailing twelve-month return on equity of 33.26%.

When did Astrotech's stock split?

Astrotech's stock reverse split on the morning of Monday, December 5th 2022. The 1-30 reverse split was announced on Monday, December 5th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 5th 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Who are Astrotech's major shareholders?

Astrotech's top institutional shareholders include Marquette Asset Management LLC (0.52%). Insiders that own company stock include Braden Michael Leonard, Thomas Wiley Wilkinson, James Frank Becker, Daniel T Russler Jr, Robert N Mcfarland and Jaime Hinojosa.
View institutional ownership trends.

How do I buy shares of Astrotech?

Shares of ASTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Astrotech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Astrotech investors own include Advanced Micro Devices (AMD), Carnival Co. & (CCL), Ashford Hospitality Trust (AHT), Aurora Cannabis (ACB), Canopy Growth (CGC), Energy Transfer (ET) and Inovio Pharmaceuticals (INO).

Company Calendar

• Last Earnings: 9/19/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/10/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: Analytical instruments
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:ASTC
• CUSIP: N/A
• CIK: 1001907
• Web: www.astrotechcorp.com
• Phone: (512) 485-9530
• Fax: 512-485-9531
• Employees: 10
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($7.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-11,670,000.00
• Net Margins: -945.17%
• Pretax Margin: -945.01%
• Return on Equity: -33.26%
• Return on Assets: -31.03%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 14.86
• Quick Ratio: 13.59

Sales & Book Value

• Annual Sales: $1.27 million
• Price / Sales: 9.66
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $20.45 per share
• Price / Book: 0.35

Miscellaneous

• Outstanding Shares: 1,702,000
• Free Float: 1,448,000
• Market Cap: $12.29 million
• Optionable: Not Optionable
• Beta: -0.14