Stock To Watch: Astronics Corporation (NASDAQ:ATRO)


The leading market experts have placed a mean price target of $43.20 on Astronics Corporation (NASDAQ:ATRO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.71 a share for the upcoming quarter and $2.26 for the current fiscal. Technical View The technical analysis of Astronics Corporation plainly substantiates that the 50-day moving average of Astronics Corporation is $35.85, and stock is hovering -0.40 or -1.11% distant from $35.85. It is noted that the 200-day MA is $35.15, and Astronics Corporation stock is $0.30 or +0.86% off from this point. Astronics Corporation (NASDAQ:ATRO) 52-week high is $62.31 and the 52-week low is $24.75. This explains if the stock moves $-26.86, it will post a 52-week high. In event of $+43.23% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Astronics Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Astronics Corporation (NASDAQ:ATRO) ratio came in at 13.75. The stock last ended the trading session at $35.45 and registered a market cap of $904.68M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Astronics Corporation (NASDAQ:ATRO) PEG ratio is at 1.17.

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