Astronics (NASDAQ:ATRO – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.
A number of other analysts have also issued reports on the company. CJS Securities raised Astronics to a “strong-buy” rating in a research note on Thursday, December 11th. TD Cowen initiated coverage on shares of Astronics in a research report on Wednesday, November 26th. They issued a “buy” rating on the stock. Truist Financial upped their price target on shares of Astronics from $75.00 to $107.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Zacks Research raised shares of Astronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Astronics in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $77.33.
Get Our Latest Stock Analysis on Astronics
Astronics Stock Up 0.5%
Astronics (NASDAQ:ATRO – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The aerospace company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.12. Astronics had a return on equity of 39.95% and a net margin of 3.41%.The company had revenue of $240.07 million during the quarter, compared to the consensus estimate of $237.11 million. During the same period in the previous year, the firm posted $0.46 EPS. Astronics’s revenue was up 15.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Astronics will post 0.82 earnings per share for the current year.
Institutional Investors Weigh In On Astronics
Large investors have recently modified their holdings of the stock. Nordea Investment Management AB acquired a new position in shares of Astronics during the third quarter worth $4,137,000. Y Intercept Hong Kong Ltd increased its stake in Astronics by 74.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 33,061 shares of the aerospace company’s stock worth $1,508,000 after buying an additional 14,160 shares during the period. Principal Financial Group Inc. purchased a new stake in Astronics during the 3rd quarter worth $2,204,000. Ellsworth Advisors LLC acquired a new position in Astronics in the 3rd quarter worth $918,000. Finally, Hennion & Walsh Asset Management Inc. boosted its position in Astronics by 75.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,166 shares of the aerospace company’s stock valued at $2,014,000 after buying an additional 19,029 shares during the last quarter. Institutional investors and hedge funds own 56.68% of the company’s stock.
Key Headlines Impacting Astronics
Here are the key news stories impacting Astronics this week:
- Positive Sentiment: Astronics raised FY‑2026 revenue guidance to $950.0 million–$990.0 million, above consensus (~$923.8M), which is a clear catalyst for upside expectations from investors.
- Positive Sentiment: Q4 results showed a beat on EPS and revenue (Q4 EPS $0.75 vs. $0.63 estimate; revenue $240.1M vs. $237.1M est.), reinforcing the company’s growth narrative and supporting the guidance. Earnings Highlights
- Positive Sentiment: Analyst commentary is bullish — Truist’s coverage flagged upside for ATRO, noting prospects for the stock. Truist Analyst Story
- Positive Sentiment: Third‑party writeups rank ATRO favorably vs. peers and list it among stocks trading near 52‑week highs, highlighting positive momentum and longer‑term aerospace demand drivers. Zacks Comparison Momentum List
- Neutral Sentiment: Short‑interest data posted for late February shows zero shares / NaN changes — this appears to be a reporting/data glitch and is not a meaningful signal of increased short pressure.
- Negative Sentiment: Coverage after the earnings release flagged reasons the stock moved lower earlier (articles titled “Why ATRO Stock Is Down”), indicating investor concerns or profit‑taking around the print and call details. AAII: Why Stock Is Down Yahoo: Why Stock Is Down
- Negative Sentiment: Valuation and leverage may keep some investors cautious — ATRO’s trailing P/E is elevated (~104.7) and debt/equity is relatively high (~3.07), which can amplify share volatility if growth expectations slip.
Astronics Company Profile
Astronics Corporation (NASDAQ: ATRO) is a global leader in the design and manufacture of advanced technologies primarily for the aerospace, defense and semiconductor industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through a combination of internal development and strategic acquisitions. Astronics operates multiple business units focused on power conversion, distribution and control; cabin electronics and connectivity; aircraft lighting and safety solutions; and automated test systems.
The company’s aerospace products include onboard power generation and management systems, in-flight entertainment and connectivity hardware, LED and fluorescent lighting for aircraft cabins and cockpits, and safety equipment such as escape slide power units.
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