Shares of AstroNova Inc (NASDAQ:ALOT) have earned an average broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.

Brokerages have set a 1-year consensus target price of $31.50 for the company, according to Zacks. Zacks has also given AstroNova an industry rank of 143 out of 255 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded AstroNova from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research report on Monday, February 4th.

Shares of ALOT opened at $19.89 on Friday. The company has a market capitalization of $138.30 million, a PE ratio of 31.57, a PEG ratio of 1.89 and a beta of 0.21. The company has a quick ratio of 1.44, a current ratio of 2.73 and a debt-to-equity ratio of 0.21. AstroNova has a 52 week low of $13.76 and a 52 week high of $23.95.

AstroNova (NASDAQ:ALOT) last issued its earnings results on Thursday, March 14th. The business services provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.15 by $0.18. The company had revenue of $37.17 million during the quarter. AstroNova had a return on equity of 7.91% and a net margin of 3.07%. Equities analysts expect that AstroNova will post 0.65 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in AstroNova by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 46,934 shares of the business services provider’s stock valued at $880,000 after purchasing an additional 930 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of AstroNova by 8.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 15,403 shares of the business services provider’s stock worth $289,000 after purchasing an additional 1,175 shares during the last quarter. BlackRock Inc. lifted its position in shares of AstroNova by 37.0% during the 2nd quarter. BlackRock Inc. now owns 22,215 shares of the business services provider’s stock worth $419,000 after purchasing an additional 6,002 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in AstroNova by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 566,023 shares of the business services provider’s stock valued at $10,613,000 after acquiring an additional 7,917 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in AstroNova by 9.6% in the 3rd quarter. Renaissance Technologies LLC now owns 218,600 shares of the business services provider’s stock valued at $4,722,000 after acquiring an additional 19,150 shares in the last quarter. 57.90% of the stock is currently owned by hedge funds and other institutional investors.

AstroNova Company Profile

AstroNova, Inc designs, develops, manufactures, and sells specialty printers & data acquisition and analysis systems. It provides its services to aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation industries.

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