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Astronics Corp Stock Research

ATRO

16.10USD-0.26(-1.59%)Market Closed

Market Summary

USD16.10-0.26
Market Closed
-1.59%

ATRO Stock Price

ATRO RSI Chart

ATRO Valuation

Market Cap

292.4M

Price/Earnings (Trailing)

-14.86

Price/Sales (Trailing)

0.62

EV/EBITDA

30.43

Price/Free Cashflow

-21.62

ATRO Price/Sales (Trailing)

ATRO Profitability

EBT Margin

-4.61%

Return on Equity

-11.54%

Return on Assets

-4.57%

Free Cashflow Yield

-4.62%

ATRO Fundamentals

ATRO Revenue

Revenue (TTM)

575.3M

Revenue Y/Y

34.74%

Revenue Q/Q

-1.02%

ATRO Earnings

Earnings (TTM)

-37.1M

Earnings Y/Y

-42.37%

Earnings Q/Q

34.87%

Price Action

52 Week Range

7.4617.58
(Low)(High)

Last 7 days

-5.4%

Last 30 days

9.2%

Last 90 days

5.9%

Trailing 12 Months

52.6%

ATRO Financial Health

Current Ratio

2.6

ATRO Investor Care

Diluted EPS (TTM)

-1.15

Peers (Alternatives to Astronics)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.8B
68.6B
-7.09% -2.90%
31.33
2.12
5.73% 32.04%
123.5B
70.5B
-1.01% 54.80%
-29.91
1.75
15.52% 15.44%
63.0B
39.9B
-6.00% -8.36%
18.58
1.6
3.70% 3.39%
44.6B
5.9B
2.02% 27.47%
43.02
7.56
17.52% 16.67%
12.7B
12.9B
-5.77% -4.48%
14.83
0.99
3.10% 11.85%
MID-CAP
21.7B
2.5B
-5.63% 10.34%
57.55
8.74
23.76% 12.84%
8.1B
10.8B
0.19% -4.78%
14.19
0.75
9.69% 5.97%
5.9B
2.3B
-5.45% 18.92%
24.58
2.62
6.77% -18.59%
2.4B
5.3B
-13.61% -19.68%
-5.96
0.54
25.06% -83.44%
2.3B
487.1M
-8.89% -4.43%
-273.25
4.76
8.46% -1895.76%
SMALL-CAP
741.4M
1.4B
4.81% -27.56%
8.27
0.54
-5.54% 309.54%
498.6M
730.2M
-18.48% -7.66%
19.23
0.68
12.05% -81.07%
292.4M
575.3M
9.23% 52.61%
-14.86
0.62
26.37% -121.00%
45.1M
85.2M
8.76% 49.79%
4.42
0.53
-8.06% 83.49%
12.3M
53.2M
4.19% -46.29%
-11.44
0.23
-9.67% -166.13%

Financials for Astronics

Income Statement (Last 12 Months)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue7.5%575,256,000534,894,000492,793,000473,196,000455,227,000
Gross Profit10.6%79,117,00071,540,00068,494,00071,337,00071,023,000
  S&GA Expenses5.7%107,364,000101,584,000109,129,000102,156,00099,366,000
  R&D Expenses-21.0%49,066,66762,133,33373,733,333--
EBITDA-123.1%-2,140,0009,259,00011,831,000--
EBITDA Margin-122.2%0.000.020.03--
Earnings Before Taxes-27.4%-37,942,000-29,793,000-22,736,000-12,315,000-10,132,000
EBT Margin-77.3%-0.05-0.03-0.02--
Interest Expenses-27.9%-9,422,000-7,364,000-6,640,000-6,677,000-
Net Income-3.7%-37,061,000-35,747,000-27,364,000-19,681,000-16,770,000
Net Income Margin-33.5%-0.06-0.04-0.04--
Free Cahsflow-93.5%-26,171,000-13,522,0001,649,000--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets0.2%616615599582588
  Current Assets2.4%374365347324326
    Cash Equivalents-58.5%6.0014.003.0011.0024.00
  Inventory6.4%200188190175166
  Net PPE-2.2%89.0091.0091.0091.0093.00
  Goodwill0%58.0058.0058.0058.0058.00
Liabilities0.6%377375362332328
  Current Liabilities-3.2%147152133125121
    LT Debt, Current50.0%7.005.00---
    LT Debt, Non Current3.8%166160159136137
Shareholder's Equity-0.4%239240237251260
  Retained Earnings-240----
  Additional Paid-In Capital-99.00----
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-68.9%-47.81-28.31-26.17-13.522.00
  Share Based Compensation4.6%7.006.006.006.006.00
Cashflow From Investing-131.6%-4.5514.0025.0026.0026.00
Cashflow From Financing2539.8%34.00-1.41-24.76-34.31-33.64
  Buy Backs-0.00----

Risks for ATRO

What is the probability of a big loss on ATRO?

100%


Probability that Astronics stock will be more than 20% underwater in next one year

94.2%


Probability that Astronics stock will be more than 30% underwater in next one year.

55.4%


Probability that Astronics stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATRO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Astronics was unfortunately bought at previous high price.

Drawdowns

Returns for ATRO

Cumulative Returns on ATRO

-3.1%


10-Year Cumulative Returns

-10.3%


7-Year Cumulative Returns

-14.5%


5-Year Cumulative Returns

20.8%


3-Year Cumulative Returns

What are the long-term rolling returns for ATRO?

FIve years rolling returns for Astronics.

Annualized Returns

Which funds bought or sold ATRO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
ROYCE & ASSOCIATES LP
reduced
-10.11
2,030,580
14,261,900
0.14%
2023-05-22
AMERIPRISE FINANCIAL INC
new
-
572,757
572,757
-%
2023-05-22
PUTNAM INVESTMENTS LLC
new
-
341,789
341,789
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-0.06
52,000
226,000
-%
2023-05-18
SkyView Investment Advisors, LLC
new
-
67,000
67,000
0.02%
2023-05-18
JPMORGAN CHASE & CO
reduced
-11.13
36,000
272,000
-%
2023-05-16
RBF Capital, LLC
reduced
-12.32
219,708
1,761,710
0.13%
2023-05-16
JANE STREET GROUP, LLC
reduced
-36.07
-39,961
194,107
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
91.15
320,535
537,206
-%
2023-05-16
Ancora Advisors, LLC
unchanged
-
2,020
10,020
-%

1–10 of 46

Latest Funds Activity

Are funds buying ATRO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ATRO
No. of Funds

Astronics News

MarketBeat
Astronics (NASDAQ:ATRO) Rating Lowered to Hold at StockNews.com.
MarketBeat,
2 days ago
Zacks Investment Research
Zacks Investment Research
Yahoo Finance
Zacks Investment Research

Schedule 13G FIlings of Astronics

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
bares capital management, inc.
5.95%
1,538,107
SC 13G
Feb 13, 2023
next century growth investors llc
9.15%
9
SC 13G/A
Feb 09, 2023
vanguard group inc
5.03%
1,301,181
SC 13G
Feb 08, 2023
paradice investment management llc
0.0%
0
SC 13G/A
Jan 31, 2023
blackrock inc.
7.7%
1,984,859
SC 13G/A
Jan 27, 2023
royce & associates lp
4.59%
1,187,511
SC 13G/A
Feb 11, 2022
next century growth investors llc
7.93%
7
SC 13G
Feb 10, 2022
paradice investment management llc
5.0%
1,258,076
SC 13G/A
Feb 01, 2022
blackrock inc.
8.3%
2,070,498
SC 13G/A
Jan 31, 2022
royce & associates lp
6.13%
1,537,421
SC 13G

ATRO Fair Value

Show Fair-Value

Recent SEC filings of Astronics

View All Filings
Date Filed Form Type Document
May 24, 2023
8-K
Current Report
May 11, 2023
SD
SD
May 10, 2023
10-Q
Quarterly Report
May 09, 2023
8-K
Current Report
Apr 11, 2023
ARS
ARS
Apr 11, 2023
DEF 14A
DEF 14A
Apr 11, 2023
DEFA14A
DEFA14A
Mar 24, 2023
PRE 14A
PRE 14A
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading

Latest Insider Trading transactions for ATRO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-13
KRAMER JAMES S
acquired
2,263
12.81
176
executive vice president
2023-03-13
BURNEY DAVID C
acquired
702
12.81
54.814
vp-finance, cfo
2023-03-13
Hedges Nancy L
acquired
1,950
12.81
152
principal accounting officer
2023-03-13
Kuehn Michael C
acquired
804
12.81
62.776
executive vice president
2023-03-13
Mulato James
acquired
855
12.81
66.797
-
2023-03-10
PEABODY MARK
acquired
-
-
5,265
vp astronics advanced electron
2023-03-10
Kuehn Michael C
acquired
-
-
6,715
executive vice president
2023-03-10
KRAMER JAMES S
sold (taxes)
-998
14.47
-69.00
executive vice president
2023-03-10
Kuehn Michael C
sold (taxes)
-33,107
14.47
-2,288
executive vice president
2023-03-10
Mulato James
sold (taxes)
-28,216
14.47
-1,950
-

1–10 of 50

Peter J. Gundermann
2100
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. It 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. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and communications and mass transit industries; and provides wireless communication testing for the civil land mobile radio market, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.

ATRO Income Statement

2023-04-01
Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]  
Sales$ 156,538$ 116,176
Cost of Products Sold129,02896,243
Gross Profit27,51019,933
Selling, General and Administrative Expenses29,88024,100
Loss from Operations(2,370)(4,167)
Net Gain on Sale of Business(3,427)(11,284)
Other (Income), Net of Other Expense(1,288)462
Interest Expense, Net of Interest Income5,4701,631
(Loss) Income Before Income Taxes(3,125)5,024
Provision for Income Taxes1,2908,125
Net Loss$ (4,415)$ (3,101)
Loss Per Share:  
Basic (in usd per share)$ (0.14)$ (0.10)
Diluted (in usd per share)$ (0.14)$ (0.10)

ATRO Balance Sheet

2023-04-01
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current Assets:  
Cash and Cash Equivalents$ 4,220$ 13,778
Restricted Cash1,4970
Accounts Receivable, Net of Allowance for Estimated Credit Losses152,365147,790
Inventories199,944187,983
Prepaid Expenses and Other Current Assets16,15015,743
Total Current Assets374,176365,294
Property, Plant and Equipment, Net of Accumulated Depreciation88,62390,658
Operating Right-of-Use Assets12,17913,028
Other Assets7,5648,605
Intangible Assets, Net of Accumulated Amortization75,69779,277
Goodwill58,16958,169
Total Assets616,408615,031
Current Liabilities:  
Current Maturities of Long-term Debt6,7504,500
Accounts Payable63,26664,193
Current Operating Lease Liabilities4,3074,441
Accrued Expenses and Other Current Liabilities45,06645,911
Customer Advance Payments and Deferred Revenue27,43232,567
Total Current Liabilities146,821151,612
Long-term Debt165,603159,500
Long-term Operating Lease Liabilities8,9649,942
Other Liabilities56,09654,057
Total Liabilities377,484375,111
Shareholders’ Equity:  
Common Stock355354
Accumulated Other Comprehensive Loss(9,117)(9,526)
Other Shareholders’ Equity247,686249,092
Total Shareholders’ Equity238,924239,920
Total Liabilities and Shareholders’ Equity$ 616,408$ 615,031