Press coverage about Astronics (NASDAQ:ATRO) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Astronics earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned media headlines about the aerospace company an impact score of 45.2134087045036 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news headlines that may have impacted Accern’s analysis:

Shares of Astronics (NASDAQ:ATRO) opened at $41.30 on Monday. The company has a quick ratio of 1.57, a current ratio of 3.07 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1,190.00, a PE ratio of 35.00, a P/E/G ratio of 3.21 and a beta of 1.51. Astronics has a 12 month low of $23.95 and a 12 month high of $44.19.

Astronics (NASDAQ:ATRO) last posted its earnings results on Tuesday, November 7th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.14). The business had revenue of $149.64 million during the quarter, compared to the consensus estimate of $154.90 million. Astronics had a return on equity of 10.29% and a net margin of 5.80%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 earnings per share. analysts predict that Astronics will post 1.29 EPS for the current fiscal year.

Several analysts recently issued reports on ATRO shares. Canaccord Genuity reissued a “buy” rating and issued a $36.00 target price on shares of Astronics in a research note on Thursday, October 5th. SunTrust Banks reissued a “hold” rating and issued a $30.00 target price on shares of Astronics in a research note on Thursday, October 12th. Zacks Investment Research raised Astronics from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Dougherty & Co raised their target price on Astronics from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Finally, BidaskClub cut Astronics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 12th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $40.00.

In other Astronics news, Director Robert J. Mckenna sold 45,000 shares of Astronics stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $39.00, for a total transaction of $1,755,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 16.45% of the company’s stock.

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About Astronics

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.

Insider Buying and Selling by Quarter for Astronics (NASDAQ:ATRO)

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