Astronics (ATRO) to Release Earnings on Wednesday

Astronics (NASDAQ:ATRO) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $194.91 million for the quarter.

Astronics Stock Up 2.1 %

Astronics stock opened at $18.89 on Wednesday. The stock has a market cap of $666.10 million, a price-to-earnings ratio of -99.42 and a beta of 1.79. The company has a current ratio of 2.83, a quick ratio of 1.46 and a debt-to-equity ratio of 0.72. The company’s 50-day moving average price is $16.89 and its two-hundred day moving average price is $18.17. Astronics has a 52 week low of $14.13 and a 52 week high of $23.74.

Analyst Upgrades and Downgrades

ATRO has been the topic of several research analyst reports. StockNews.com raised shares of Astronics from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Truist Financial lowered their target price on shares of Astronics from $20.00 to $17.00 and set a “hold” rating on the stock in a research note 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.