Astronics Corp (NASDAQ:ATRO) price on Friday, May 02, rose 3.65% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $23.87.
A look at the stock’s price movement, the close in the last trading session was $23.03, moving within a range at $23.46 and $23.98. The beta value (5-Year monthly) was 1.258. Turning to its 52-week performance, $26.63 and $14.13 were the 52-week high and 52-week low respectively. Overall, ATRO moved -3.05% over the past month.
Astronics Corp’s market cap currently stands at around $838.17 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-03.
Analysts have a consensus estimate of 191.92M for the company’s revenue for the quarter, with a low and high estimate of 190.04M and 193.8M respectively. The average forecast suggests up to a 3.70% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 834.64M, representing a 4.93% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ATRO is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
ATRO’s current price about 8.06% and 3.88% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.29, while 7-day volatility ratio is 2.99% and 5.22% in the 30-day chart. Further, Astronics Corp (ATRO) has a beta value of 1.46, and an average true range (ATR) of 1.02. Analysts have given the company’s stock an average 52-week price target of $23, forecast between a low of $23 and high of $23. Looking at the price targets, the low is 3.64% off current price level while to achieve the yearly target high, price needs to move 3.64%. Nonetheless, investors will most likely welcome a 3.64% jump to $23 which is the analysts’ median price.
If we refocus on Astronics Corp (NASDAQ:ATRO), historical trading data shows that trading volumes averaged 0.38 over the past 10 days and 502.99K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.18 million shares.
The 15.70% of Astronics Corp’s shares are in the hands of company insiders while institutional holders own 68.17% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.42 million on 2025-04-15, giving us a short ratio of 6.6. The data shows that as of 2025-04-15 short interest in Astronics Corp (ATRO) stood at 1137.0 of shares outstanding, with shares short rising to 2.5 million registered in 2025-03-14. Current price change has pushed the stock 49.56% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ATRO stock continues to rise going into the next quarter.
