Media coverage about Astronics (NASDAQ:ATRO) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Astronics earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 46.8401323906103 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Astronics (NASDAQ:ATRO) opened at $42.86 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.57 and a current ratio of 3.07. Astronics has a 1 year low of $23.95 and a 1 year high of $49.45. The stock has a market cap of $1,200.12, a PE ratio of 36.32, a price-to-earnings-growth ratio of 2.15 and a beta of 1.16.

Astronics (NASDAQ:ATRO) last posted its quarterly earnings results on Tuesday, November 7th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.14). Astronics had a net margin of 5.80% and a return on equity of 10.29%. The business had revenue of $149.64 million for the quarter, compared to analysts’ expectations of $154.90 million. During the same quarter in the previous year, the company earned $0.41 earnings per share. The business’s quarterly revenue was down 3.5% on a year-over-year basis. equities research analysts anticipate that Astronics will post 1.28 EPS for the current year.

Astronics announced that its board has initiated a stock repurchase plan on Monday, December 18th that allows the company to buyback $50.00 million in shares. This buyback authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Several brokerages recently issued reports on ATRO. SunTrust Banks reiterated a “hold” rating and issued a $48.00 target price on shares of Astronics in a research report on Friday, January 19th. Zacks Investment Research upgraded shares of Astronics from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research report on Tuesday, January 2nd. BidaskClub lowered shares of Astronics from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 29th. Canaccord Genuity reiterated a “buy” rating and issued a $46.00 target price on shares of Astronics in a research report on Tuesday, December 12th. Finally, Dougherty & Co upped their target price on shares of Astronics from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Monday, December 4th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Astronics has a consensus rating of “Buy” and an average target price of $46.25.

In other Astronics news, Director Robert J. Mckenna sold 45,000 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $39.00, for a total transaction of $1,755,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 16.45% of the company’s stock.

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Astronics Company Profile

Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company’s products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems.

Insider Buying and Selling by Quarter for Astronics (NASDAQ:ATRO)

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