Head to Head Analysis: AeroVironment (AVAV) & Astronics Corporation (ATRO)
AeroVironment (NASDAQ: AVAV) and Astronics Corporation (NASDAQ:ATRO) are both small-cap aerospace companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, institutional ownership, dividends, valuation, analyst recommendations, earnings and risk.
Valuation & Earnings
This table compares AeroVironment and Astronics Corporation’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|AeroVironment||$272.42 million||4.15||$29.48 million||$0.84||57.73|
|Astronics Corporation||$612.68 million||1.34||$86.53 million||$1.38||20.70|
Astronics Corporation has higher revenue and earnings than AeroVironment. Astronics Corporation is trading at a lower price-to-earnings ratio than AeroVironment, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
77.6% of AeroVironment shares are held by institutional investors. Comparatively, 65.6% of Astronics Corporation shares are held by institutional investors. 11.0% of AeroVironment shares are held by company insiders. Comparatively, 16.5% of Astronics Corporation shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This is a summary of recent ratings and target prices for AeroVironment and Astronics Corporation, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
AeroVironment presently has a consensus price target of $37.00, suggesting a potential downside of 23.70%. Astronics Corporation has a consensus price target of $34.50, suggesting a potential upside of 20.80%. Given Astronics Corporation’s stronger consensus rating and higher possible upside, analysts clearly believe Astronics Corporation is more favorable than AeroVironment.
Risk and Volatility
AeroVironment has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500. Comparatively, Astronics Corporation has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500.
This table compares AeroVironment and Astronics Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Astronics Corporation beats AeroVironment on 9 of the 14 factors compared between the two stocks.
AeroVironment Company Profile
AeroVironment, Inc. designs, develops, produces, supports and operates a portfolio of products and services for government agencies, businesses and consumers. The Company operates through two segments: Unmanned Aircraft Systems (UAS), which focuses primarily on the design, development, production, support and operation of UAS and tactical missile systems that provide situational awareness, multi-band communications, force protection and other mission effects, and Efficient Energy Systems (EES), which focuses primarily on the design, development, production, marketing, support and operation of electric energy systems. The Company supplies UAS, tactical missile systems and related services primarily to organizations within the United States Department of Defense (DoD). The Company also supplies charging systems and services for electric vehicles (EVs), and power cycling and test systems to commercial, consumer and government customers.
Astronics Corporation Company Profile
Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company’s products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems. The Company operates through two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and motions systems, aircraft structures, avionics products, systems certification and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the semiconductor, aerospace, communications and weapons test systems, as well as training and simulation devices for both commercial and military applications.
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