NasdaqGM:ALOT

Stock Analysis Report

Executive Summary

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally.


Snowflake Analysis

Solid track record with adequate balance sheet and pays a dividend.

Share Price & News

How has AstroNova's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALOT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.6%

ALOT

-1.4%

US Tech

0.06%

US Market


1 Year Return

-33.8%

ALOT

76.7%

US Tech

19.3%

US Market

Return vs Industry: ALOT underperformed the US Tech industry which returned 76.7% over the past year.

Return vs Market: ALOT underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

ALOTIndustryMarket
7 Day-2.6%-1.4%0.06%
30 Day-0.5%0.4%1.7%
90 Day-15.9%20.6%9.0%
1 Year-32.8%-33.8%79.3%76.7%21.8%19.3%
3 Year-1.8%-6.6%128.0%112.5%49.5%39.9%
5 Year-3.8%-12.2%148.3%123.9%73.1%54.1%

Price Volatility Vs. Market

How volatile is AstroNova's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AstroNova undervalued compared to its fair value and its price relative to the market?

16.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALOT ($12.65) is trading above our estimate of fair value ($3.96)

Significantly Below Fair Value: ALOT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALOT is good value based on its PE Ratio (16.4x) compared to the Tech industry average (22x).

PE vs Market: ALOT is good value based on its PE Ratio (16.4x) compared to the US market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALOT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALOT is good value based on its PB Ratio (1.2x) compared to the US Tech industry average (1.8x).


Next Steps

Future Growth

How is AstroNova forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-3.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ALOT's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if ALOT's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALOT's revenue is expected to decline over the next 3 years (-3.5% per year).

High Growth Revenue: ALOT's revenue is forecast to decline over the next 3 years (-3.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ALOT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has AstroNova performed over the past 5 years?

4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALOT has high quality earnings.

Growing Profit Margin: ALOT's current net profit margins (3.9%) are higher than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: ALOT's earnings have grown by 4.1% per year over the past 5 years.

Accelerating Growth: ALOT's earnings growth over the past year (30.2%) exceeds its 5-year average (4.1% per year).

Earnings vs Industry: ALOT earnings growth over the past year (30.2%) exceeded the Tech industry 0.4%.


Return on Equity

High ROE: ALOT's Return on Equity (7.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is AstroNova's financial position?


Financial Position Analysis

Short Term Liabilities: ALOT's short term assets ($65.2M) exceed its short term liabilities ($27.9M).

Long Term Liabilities: ALOT's short term assets ($65.2M) exceed its long term liabilities ($20.6M).


Debt to Equity History and Analysis

Debt Level: ALOT's debt to equity ratio (28.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ALOT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ALOT's debt is not well covered by operating cash flow (8.8%).

Interest Coverage: ALOT's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet

Inventory Level: ALOT has a high level of physical assets or inventory.

Debt Coverage by Assets: ALOT's debt is covered by short term assets (assets are 3.1x debt).


Next Steps

Dividend

What is AstroNova's current dividend yield, its reliability and sustainability?

2.21%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%1.4%markettop25%3.7%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: ALOT's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: ALOT's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (3.71%).


Stability and Growth of Payments

Stable Dividend: ALOT's dividends per share have been stable in the past 10 years.

Growing Dividend: ALOT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.2%), ALOT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.0yrs

Average management tenure


CEO

Greg Woods (60yo)

6yrs

Tenure

US$1,718,202

Compensation

Mr. Gregory A. Woods, also Known as Greg, has been the Chief Executive Officer and President of AstroNova, Inc. since February 1, 2014 and August 29, 2013 respectively. Mr. Woods served as the Chief Operat ...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD1.72M) is above average for companies of similar size in the US market ($USD521.37K).

Compensation vs Earnings: Greg's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Woods
President6yrsUS$1.72m1.37% $1.2m
David Smith
VP, CFO & Treasurer2.1yrsUS$762.62k0.081% $72.1k
Michael Natalizia
VP & CTO7.9yrsUS$601.03k0.33% $296.0k
Stephen Petrarca
Vice President of Operations22.1yrsUS$188.14k0.34% $304.3k
Peter Rosenblum
Secretary0yrsno datano data

7.0yrs

Average Tenure

58yo

Average Age

Experienced Management: ALOT's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gregory Woods
President6yrsUS$1.72m1.37% $1.2m
Mitchell Quain
Independent Director8.5yrsUS$119.80k0.53% $470.2k
Richard Warzala
Lead Independent Director1.1yrsUS$117.81k0.16% $145.4k
Jean Bua
Independent Director1.3yrsUS$32.56k0.070% $62.9k
Yvonne Schlaeppi
Independent Director1.8yrsUS$135.94k0.12% $109.1k
Harold Schofield
Independent Director7.8yrsUS$115.25k0.30% $270.0k

4.0yrs

Average Tenure

63yo

Average Age

Experienced Board: ALOT's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALOT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.


Top Shareholders

Company Information

AstroNova, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AstroNova, Inc.
  • Ticker: ALOT
  • Exchange: NasdaqGM
  • Founded: 1969
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$89.430m
  • Shares outstanding: 7.07m
  • Website: https://www.astronovainc.com

Number of Employees


Location

  • AstroNova, Inc.
  • 600 East Greenwich Avenue
  • West Warwick
  • Rhode Island
  • 2893
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALOTNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDNov 1980
AZODB (Deutsche Boerse AG)YesCommon StockDEEURNov 1980

Biography

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally. The company operates through two segments, Product Identification and Test & Measurement (T&M). The Product Identification segment offers tabletop and work cell-ready digital color label printers, as well as specialty OEM printing systems under the QuickLabel brand; and labels, tags, inks, toner, and thermal transfer ribbons under the GetLabels brand. This segment also offers T2-C, a digital mini press for 24/7 label production; T2, a label press with a full-size PC display; T4 for print, die cut, and lamination; and T3, a modular over-printer under the TrojanLabel brand. In addition, this segment licenses various specialized software used to operate the printers and presses, design labels, and manage printing on an automated basis. It serves chemicals, cosmetics, food and beverage, medical products, pharmaceuticals, and other industries, as well as brand owners, label converters, commercial printers, and packaging manufacturers. The T&M segment offers visual data from local and networked data streams and sensors; a range of hardware and software products under the AstroNova T&M brand; Daxus DXS-100 distributed data acquisition systems; TMX high-speed data acquisition systems; SmartCorder DDX100 portable data acquisition systems; EV-500, a digital strip chart recording system; PTA-45B cockpit printers; and ToughWriter, Miltope, and RITEC branded airborne printers. Its AstroNova airborne printers are used in flight decks, as well as military, commercial, and business aircraft cabins; and ToughSwitch Ethernet switches used in military aircraft and vehicles. The company was formerly known as Astro-Med, Inc. and changed its name to AstroNova, Inc. in May 2016. The company was founded in 1969 and is headquartered in West Warwick, Rhode Island. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:13
End of Day Share Price2020/02/20 00:00
Earnings2019/11/02
Annual Earnings2019/01/31


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.