$ATRO supplier of $BA
@ 33.78 +0.60 (1.81%)
Zacks: Analysts Set $72.00 Price Target for Astronics Co. (NASDAQ:ATRO)
Posted by mitch on Jan 21st, 2016 // No Comments
Astronics logoAstronics Co. (NASDAQ:ATRO) has received an average broker rating score of 2.50 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has given a buy rating to the company. Astronics’ rating score has declined by 25% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a one year consensus target price of $72.00 for the company and are anticipating that the company will post $0.60 EPS for the current quarter, according to Zacks. Zacks has also given Astronics an industry rank of 79 out of 265 based on the ratings given to related companies.
ATRO has been the subject of several research reports. Zacks Investment Research lowered Astronics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 12th. Canaccord Genuity reiterated a “buy” rating and set a $70.00 price objective on shares of Astronics in a research note on Thursday, September 24th.
Astronics (NASDAQ:ATRO) opened at 33.18 on Monday. Astronics has a 12-month low of $30.54 and a 12-month high of $67.26. The firm’s 50-day moving average price is $37.62 and its 200 day moving average price is $42.79. The stock has a market capitalization of $847.12 million and a P/E ratio of 10.59.
Astronics (NASDAQ:ATRO) last posted its quarterly earnings data on Tuesday, November 10th. The company reported $0.94 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.03. During the same quarter last year, the firm posted $0.79 earnings per share. The firm had revenue of $200.20 million for the quarter, compared to analysts’ expectations of $200.22 million. Astronics’s quarterly revenue was up 11.5% on a year-over-year basis. On average, equities analysts anticipate that Astronics will post $2.62 EPS for the current year.
In related news, CFO David C. Burney sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 14th. The stock was sold at an average price of $37.02, for a total value of $555,300.00. Following the transaction, the chief financial officer now directly owns 93,606 shares in the company, valued at $3,465,294.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John B. Drenning sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. The shares were sold at an average price of $38.00, for a total value of $228,000.00. Following the completion of the transaction, the director now owns 356,114 shares in the company, valued at $13,532,332. The disclosure for this sale can be found here.
Other hedge funds and institutional investors have added to or reduced their stakes in the company. Franklin Street Advisors boosted its position in Astronics by 5.1% in the fourth quarter. Franklin Street Advisors now owns 10,269 shares of the company’s stock worth $418,000 after buying an additional 494 shares in the last quarter. Skylands Capital boosted its position in Astronics by 36.3% in the fourth quarter. Skylands Capital now owns 78,198 shares of the company’s stock worth $3,183,000 after buying an additional 20,815 shares in the last quarter. Finally, Eagle Asset Management boosted its position in Astronics by 214.3% in the third quarter. Eagle Asset Management now owns 88,653 shares of the company’s stock worth $3,116,000 after buying an additional 60,448 shares in the last quarter.
Astronics Corporation is a supplier of products to the aerospace, defense, consumer electronics and semi-conductor industries. Its products include advanced, high-performance lighting and safety systems, electrical power generation and distribution systems, aircraft structures, avionics products and automatic test systems. The Company has two segments: Aerospace and Test Systems. It designs and builds its products through its wholly owned subsidiaries, Astronics Advanced Electronic Systems Corp. (NASDAQ:ATRO); Astronics AeroSat Corporation (AeroSat); Ballard Technology, Inc. (Ballard); DME Corporation (DME); Luminescent Systems, Inc. (LSI); Luminescent Systems Canada, Inc. (LSI Canada); Max-Viz, Inc. (Max-Viz); Peco, Inc. (Peco); PGA Electronic s.a. (PGA), Astronics Test Systems, Inc. and Armstrong Aerospace, Inc. (Armstrong). The Company has operations in the United States, Canada and France.
12 Month Chart for NASDAQ:ATRO
Get a free copy of the Zacks research report on Astronics (ATRO)
@ 33.78 +0.60 (1.81%)
Zacks: Analysts Set $72.00 Price Target for Astronics Co. (NASDAQ:ATRO)
Posted by mitch on Jan 21st, 2016 // No Comments
Astronics logoAstronics Co. (NASDAQ:ATRO) has received an average broker rating score of 2.50 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has given a buy rating to the company. Astronics’ rating score has declined by 25% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a one year consensus target price of $72.00 for the company and are anticipating that the company will post $0.60 EPS for the current quarter, according to Zacks. Zacks has also given Astronics an industry rank of 79 out of 265 based on the ratings given to related companies.
ATRO has been the subject of several research reports. Zacks Investment Research lowered Astronics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 12th. Canaccord Genuity reiterated a “buy” rating and set a $70.00 price objective on shares of Astronics in a research note on Thursday, September 24th.
Astronics (NASDAQ:ATRO) opened at 33.18 on Monday. Astronics has a 12-month low of $30.54 and a 12-month high of $67.26. The firm’s 50-day moving average price is $37.62 and its 200 day moving average price is $42.79. The stock has a market capitalization of $847.12 million and a P/E ratio of 10.59.
Astronics (NASDAQ:ATRO) last posted its quarterly earnings data on Tuesday, November 10th. The company reported $0.94 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.03. During the same quarter last year, the firm posted $0.79 earnings per share. The firm had revenue of $200.20 million for the quarter, compared to analysts’ expectations of $200.22 million. Astronics’s quarterly revenue was up 11.5% on a year-over-year basis. On average, equities analysts anticipate that Astronics will post $2.62 EPS for the current year.
In related news, CFO David C. Burney sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 14th. The stock was sold at an average price of $37.02, for a total value of $555,300.00. Following the transaction, the chief financial officer now directly owns 93,606 shares in the company, valued at $3,465,294.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John B. Drenning sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 15th. The shares were sold at an average price of $38.00, for a total value of $228,000.00. Following the completion of the transaction, the director now owns 356,114 shares in the company, valued at $13,532,332. The disclosure for this sale can be found here.
Other hedge funds and institutional investors have added to or reduced their stakes in the company. Franklin Street Advisors boosted its position in Astronics by 5.1% in the fourth quarter. Franklin Street Advisors now owns 10,269 shares of the company’s stock worth $418,000 after buying an additional 494 shares in the last quarter. Skylands Capital boosted its position in Astronics by 36.3% in the fourth quarter. Skylands Capital now owns 78,198 shares of the company’s stock worth $3,183,000 after buying an additional 20,815 shares in the last quarter. Finally, Eagle Asset Management boosted its position in Astronics by 214.3% in the third quarter. Eagle Asset Management now owns 88,653 shares of the company’s stock worth $3,116,000 after buying an additional 60,448 shares in the last quarter.
Astronics Corporation is a supplier of products to the aerospace, defense, consumer electronics and semi-conductor industries. Its products include advanced, high-performance lighting and safety systems, electrical power generation and distribution systems, aircraft structures, avionics products and automatic test systems. The Company has two segments: Aerospace and Test Systems. It designs and builds its products through its wholly owned subsidiaries, Astronics Advanced Electronic Systems Corp. (NASDAQ:ATRO); Astronics AeroSat Corporation (AeroSat); Ballard Technology, Inc. (Ballard); DME Corporation (DME); Luminescent Systems, Inc. (LSI); Luminescent Systems Canada, Inc. (LSI Canada); Max-Viz, Inc. (Max-Viz); Peco, Inc. (Peco); PGA Electronic s.a. (PGA), Astronics Test Systems, Inc. and Armstrong Aerospace, Inc. (Armstrong). The Company has operations in the United States, Canada and France.
12 Month Chart for NASDAQ:ATRO
Get a free copy of the Zacks research report on Astronics (ATRO)
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
