Astronics (ATRO) Expected to Announce Quarterly Earnings on Wednesday

Astronics (NASDAQ:ATRO) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $194.91 million for the quarter.

Astronics Price Performance

ATRO stock opened at $20.00 on Tuesday. The stock has a market capitalization of $705.24 million, a PE ratio of -105.26 and a beta of 1.79. The company’s 50-day moving average is $17.19 and its 200-day moving average is $18.18. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.83 and a quick ratio of 1.46. Astronics has a 1 year low of $14.13 and a 1 year high of $23.74.

Analyst Ratings Changes

ATRO has been the topic of a number of research analyst reports. StockNews.com raised shares of Astronics from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Truist Financial cut their price objective on shares of Astronics from $20.00 to $17.00 and set a “hold” rating on the stock in a research report on Tuesday, January 14th.

About Astronics

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.