Astronics (ATRO) to Release Earnings on Wednesday

Astronics (NASDAQ:ATRO) will likely be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect Astronics to post earnings of $0.20 per share and revenue of $194.91 million for the quarter.

Astronics Price Performance

NASDAQ:ATRO opened at $20.20 on Monday. The firm has a market cap of $712.29 million, a PE ratio of -106.31 and a beta of 1.79. Astronics has a 12 month low of $14.13 and a 12 month high of $23.74. The company has a quick ratio of 1.46, a current ratio of 2.83 and a debt-to-equity ratio of 0.72. The company’s 50-day moving average price is $17.12 and its two-hundred day moving average price is $18.18.

Analysts Set New Price Targets

A number of research firms have commented on ATRO. StockNews.com upgraded shares of Astronics from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Truist Financial reduced their price target on shares of Astronics from $20.00 to $17.00 and set a “hold” rating on the stock in a research report on Tuesday, January 14th.

Astronics Company Profile

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.