Astronics Corp (NASDAQ: ATRO) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.20 versus a loss $-0.21 for the same period a year ago. Relative to the consensus estimate of $0.12, this was a premium of $0.08. For the latest four quarters through December 31, E.P.S. were $-0.80 compared to $-1.11 a year ago.
Recent Price Action
Astronics Corp (NASDAQ: ATRO) stock closed at $19.51 on 2/28/24 after a modest gain of 0.8%. Moreover, trading volume in this advance was unusually high at 157% of normal. The stock has risen 2.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
ATRO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a Value Builder.
Astronics has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Astronics has a neutral Power Rating of 42 but a very low Appreciation Score of 15, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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