Astronics (ATRO) Expected to Announce Quarterly Earnings on Wednesday

Astronics (NASDAQ:ATRO) is expected to be issuing 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

Shares of NASDAQ ATRO opened at $20.00 on Tuesday. Astronics has a fifty-two week low of $14.13 and a fifty-two week high of $23.74. The firm’s 50-day simple moving average is $17.19 and its 200 day simple moving average is $18.18. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.46 and a current ratio of 2.83. The stock has a market cap of $705.24 million, a price-to-earnings ratio of -105.26 and a beta of 1.79.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ATRO shares. Truist Financial dropped their target price 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. StockNews.com raised shares of Astronics from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th.

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.