Astronics (ATRO) to Release Earnings on Wednesday

Astronics (NASDAQ:ATRO) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Astronics to post earnings of $0.21 per share and revenue of $194.91 million for the quarter.

Astronics Trading Up 2.1 %

Astronics stock opened at $18.89 on Wednesday. The firm’s 50-day moving average is $16.89 and its 200-day moving average is $18.17. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.46 and a current ratio of 2.83. Astronics has a 1 year low of $14.13 and a 1 year high of $23.74. The company has a market cap of $666.10 million, a P/E ratio of -99.42 and a beta of 1.79.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Astronics from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Truist Financial dropped their price objective on shares of Astronics from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Tuesday, January 14th.

About Astronics

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.