Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defence, and electronic industries in the United States, North America, Asia, Europe, South America, and internationally. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Astronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATRO's share price has been volatile over the past 3 months.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: ATRO underperformed the US Aerospace & Defense industry which returned -29.6% over the past year.
Return vs Market: ATRO underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Astronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
22 hours ago | Simply Wall StIs Astronics (NASDAQ:ATRO) A Risky Investment?
3 weeks ago | Simply Wall StCan Astronics (NASDAQ:ATRO) Turn Things Around?
1 month ago | Simply Wall StAstronics' (NASDAQ:ATRO) Stock Price Has Reduced 75% In The Past Five Years
Is Astronics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATRO ($7.52) is trading below our estimate of fair value ($15.89)
Significantly Below Fair Value: ATRO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATRO is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.
PE vs Market: ATRO is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATRO is good value based on its PB Ratio (0.8x) compared to the US Aerospace & Defense industry average (2.3x).
How is Astronics forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATRO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: ATRO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ATRO's is expected to become profitable in the next 3 years.
Revenue vs Market: ATRO's revenue is expected to decline over the next 3 years (-1.9% per year).
High Growth Revenue: ATRO's revenue is forecast to decline over the next 3 years (-1.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATRO's Return on Equity is forecast to be low in 3 years time (1.3%).
How has Astronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATRO is currently unprofitable.
Growing Profit Margin: ATRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATRO is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.
Accelerating Growth: Unable to compare ATRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATRO is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (1.6%).
Return on Equity
High ROE: ATRO has a negative Return on Equity (-42.21%), as it is currently unprofitable.
How is Astronics's financial position?
Financial Position Analysis
Short Term Liabilities: ATRO's short term assets ($326.6M) exceed its short term liabilities ($112.5M).
Long Term Liabilities: ATRO's short term assets ($326.6M) exceed its long term liabilities ($253.7M).
Debt to Equity History and Analysis
Debt Level: ATRO's debt to equity ratio (59.3%) is considered high.
Reducing Debt: ATRO's debt to equity ratio has reduced from 90.3% to 59.3% over the past 5 years.
Debt Coverage: ATRO's debt is well covered by operating cash flow (43.4%).
Interest Coverage: ATRO is unprofitable, therefore interest payments are not well covered by earnings.
What is Astronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATRO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATRO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATRO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Gundermann (57 yo)
Mr. Peter J. Gundermann has been the Chief Executive Officer and President of Astronics Corporation since March 18, 2003 and has been its Chairman since June 11, 2019. He served as President of Luminescent ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD3.76M) is above average for companies of similar size in the US market ($USD1.26M).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
|Executive VP of Finance & CFO||17.58yrs||US$1.78m||0.73% |
|Executive Vice President||10.75yrs||US$1.53m||1.45% |
|Executive Vice President||10.75yrs||US$1.80m||0.67% |
|Executive Vice President||1.75yrs||US$1.09m||0.020% |
|Executive Vice President||3.75yrs||US$882.32k||0% |
|Corporate Controller & Principal Accounting Officer||no data||no data||0.0089% |
|Secretary||no data||no data||no data|
Experienced Management: ATRO's management team is seasoned and experienced (10.8 years average tenure).
|Lead Independent Director||0.67yr||US$150.01k||0.72% |
|Independent Director||0.83yr||no data||1.62% |
|Independent Director||4yrs||US$150.01k||0.025% |
|Independent Director||4yrs||US$150.01k||0.039% |
|Independent Director||15.75yrs||US$150.01k||0.065% |
|Independent Director||1.83yrs||US$150.01k||0.025% |
|Independent Director||4yrs||US$150.01k||0.025% |
|Independent Director||1.08yrs||US$17.50k||0.018% |
Experienced Board: ATRO's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Astronics Corporation's company bio, employee growth, exchange listings and data sources
- Name: Astronics Corporation
- Ticker: ATRO
- Exchange: NasdaqGS
- Founded: 1968
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$230.511m
- Shares outstanding: 30.76m
- Website: https://www.astronics.com
Number of Employees
- Astronics Corporation
- 130 Commerce Way
- East Aurora
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATRO||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1972|
|AC1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
|ATRO.B||OTCPK (Pink Sheets LLC)||Convertible Class B Common Stock||US||USD||Dec 1990|
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defence, and electronic industries in the United States, North America, Asia, Europe, South America, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 23:37|
|End of Day Share Price||2020/10/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.