How to buy Astronics Corporation stock | $12.2

Astronics Corporation is an aerospace & defense business based in the US. Astronics Corporation shares (ATRO) are listed on the NASDAQ and all prices are listed in US Dollars. Astronics Corporation employs 2,300 staff and has a trailing 12-month revenue of around USD$586.2 million.

How to buy shares in Astronics Corporation

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Astronics Corporation. Find the stock by name or ticker symbol: ATRO. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Astronics Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$12.2, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Astronics Corporation, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Astronics Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Astronics Corporation share price

Use our graph to track the performance of ATRO stocks over time.

Astronics Corporation shares at a glance

• Key figures

Information last updated 2020-12-27.

Latest market close	USD$12.2
52-week range	USD$6.3 - USD$29.11
50-day moving average	USD$11.3439
200-day moving average	USD$9.4847
Wall St. target price	USD$15
PE ratio	5.5625
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$2.975

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Is it a good time to buy Astronics Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Astronics Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Astronics Corporation price performance over time

Historical closes compared with the close of $12.2 from 2020-12-09

1 week (2021-01-11)	-5.50%
1 month (2020-12-18)	-1.61%
3 months (2020-10-16)	57.62%
6 months (2020-07-17)	30.90%

1 year (2020-01-17)	-57.79%
2 years (2019-01-18)	-60.22%
3 years (2018-01-18)	44.11
5 years (2016-01-15)	33.78

Is Astronics Corporation under- or over-valued?

Valuing Astronics Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Astronics Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Astronics Corporation's P/E ratio

Astronics Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Astronics Corporation shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Astronics Corporation's PEG ratio

Astronics Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4638. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Astronics Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Astronics Corporation's EBITDA

Astronics Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$41.7 million.

The EBITDA is a measure of a Astronics Corporation's overall financial performance and is widely used to measure a its profitability.

Astronics Corporation financials

Revenue TTM	USD$586.2 million
Operating margin TTM	1.49%
Gross profit TTM	USD$171.5 million
Return on assets TTM	0.77%
Return on equity TTM	-36.29%
Profit margin	-22.15%
Book value	$9.41
Market capitalisation	USD$401.9 million

TTM: trailing 12 months

Shorting Astronics Corporation shares

There are currently 1.4 million Astronics Corporation shares held short by investors – that's known as Astronics Corporation's "short interest". This figure is 25.1% up from 1.1 million last month.

There are a few different ways that this level of interest in shorting Astronics Corporation shares can be evaluated.

Astronics Corporation's "short interest ratio" (SIR)

Astronics Corporation's "short interest ratio" (SIR) is the quantity of Astronics Corporation shares currently shorted divided by the average quantity of Astronics Corporation shares traded daily (recently around 388097.71428571). Astronics Corporation's SIR currently stands at 3.5. In other words for every 100,000 Astronics Corporation shares traded daily on the market, roughly 3500 shares are currently held short.

However Astronics Corporation's short interest can also be evaluated against the total number of Astronics Corporation shares, or, against the total number of tradable Astronics Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Astronics Corporation's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Astronics Corporation shares in existence, roughly 60 shares are currently held short) or 0.0881% of the tradable shares (for every 100,000 tradable Astronics Corporation shares, roughly 88 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Astronics Corporation.

Find out more about how you can short Astronics Corporation stock.

Astronics Corporation share dividends

We're not expecting Astronics Corporation to pay a dividend over the next 12 months.

Have Astronics Corporation's shares ever split?

Astronics Corporation's shares were split on a 1182:1000 basis on 11 October 2018. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1182 shares. This wouldn't directly have changed the overall worth of your Astronics Corporation shares – just the quantity. However, indirectly, the new 15.4% lower share price could have impacted the market appetite for Astronics Corporation shares which in turn could have impacted Astronics Corporation's share price.

Astronics Corporation share price volatility

Over the last 12 months, Astronics Corporation's shares have ranged in value from as little as $6.3 up to $29.11. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Astronics Corporation's is 2.1596. This would suggest that Astronics Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Astronics Corporation overview

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defence, and electronic industries in the United States, North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers; and aircraft operators, such as airlines and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace, and communications and weapons test systems, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company also provides cabin management, connectivity equipment, and in-flight entertainment systems for a range of aircraft; and wireless communication testing primarily for the civil land mobile radio market, as well as design consultancy services for the aerospace industry. Astronics Corporation was founded in 1968 and is headquartered in East Aurora, New York.

Frequently asked questions

• What percentage of Astronics Corporation is owned by insiders or institutions?

  Currently 3.737% of Astronics Corporation shares are held by insiders and 78.949% by institutions.

• How many people work for Astronics Corporation?

  Latest data suggests 2,300 work at Astronics Corporation.

• When does the fiscal year end for Astronics Corporation?

  Astronics Corporation's fiscal year ends in December.

• Where is Astronics Corporation based?

  Astronics Corporation's address is: 130 Commerce Way, East Aurora, NY, United States, 14052

• What is Astronics Corporation's ISIN number?

  Astronics Corporation's international securities identification number is: US0464331083

• What is Astronics Corporation's CUSIP number?

  Astronics Corporation's Committee on Uniform Securities Identification Procedures number is: 046433108