Stock To Watch: Astronics Corporation (NASDAQ:ATRO)


The leading market experts have placed a mean price target of $44.80 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 $0.65 a share for the upcoming quarter and $2.22 for the current fiscal.

Technical View

The technical analysis of Astronics Corporation plainly substantiates that the 50-day moving average of Astronics Corporation is $38.45, and stock is trading $5.73 points away or +14.91% from its 50-day moving average of $38.45. Further it is trading $8.04 or +22.24% away its 200-day moving average of $36.14. Astronics Corporation (NASDAQ:ATRO) 52-week high is $48.00 and the 52-week low is $24.75.

This explains if the stock moves $-3.82, it will post a 52-week high. In event of +78.51% 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 17.89.

The stock last ended the trading session at $44.18 and registered a market cap of $1.12B. 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 1.58.

1 Chart Pattern Every Investor Should Know

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