Press coverage about Astronics Corporation (NASDAQ:ATRO) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 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 Corporation earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news coverage about the aerospace company an impact score of 46.1395616907064 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research firms have weighed in on ATRO. Zacks Investment Research upgraded shares of Astronics Corporation from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, July 4th. TheStreet cut shares of Astronics Corporation from a “b-” rating to a “c+” rating in a research report on Wednesday, June 7th.
Shares of Astronics Corporation (NASDAQ:ATRO) opened at 30.68 on Wednesday. The firm has a market cap of $889.63 million, a PE ratio of 19.06 and a beta of 1.14. Astronics Corporation has a 12 month low of $28.32 and a 12 month high of $41.03. The stock’s 50 day moving average is $30.60 and its 200 day moving average is $31.65.
Astronics Corporation (NASDAQ:ATRO) last released its quarterly earnings data on Thursday, May 4th. The aerospace company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.09. Astronics Corporation had a return on equity of 14.58% and a net margin of 7.75%. The company had revenue of $152.40 million during the quarter, compared to the consensus estimate of $151.33 million. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The firm’s revenue was down 4.5% compared to the same quarter last year. Analysts forecast that Astronics Corporation will post $1.85 EPS for the current fiscal year.
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About Astronics Corporation
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.
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