Analyst Ratings for Astronics Corp. (ATRO)Updated: 2017-07-29
Analysts covering Astronics Corp. (NASDAQ:ATRO) have given it a consensus rating of Overweight. Last month, ATRO received an average rating of Overweight.
5 analysts issued ratings on the stock, where 3 gave ATRO a buy rating, 1 gave an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for ATRO. The most optimistic analyst gave a price target of 42, implying a possible profit of 41.41 percent. The minimum price target given was 33, implying potential capital losses of 11.11 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -2.22 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.06 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
ATRO has an estimated earnings growth rate of 5.27 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ATRO has a PEG ratio of 3.33.
ATRO has a 52-week high of 41.03 and a 52-week low of 28.32. Today's price is 4.87 percent above the 52-week low, and below the high by 27.61 percent. ATRO has a price/earnings ratio of 17.57. Investors typically compare the P/E ratio to a company's peers in the industry. The ATRO value stock report compares ATRO to some of its peers using value stock charts. The stock has a market capitalization of $0.85868 billion. ATRO will post this quarters earnings in days, on 0000-00-00.