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Astronics Corporation (ATRO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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8.32+0.06 (+0.73%)
At close: 4:00PM EDT
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  • w
    will
    Not a matter of "IF" but, it is a matter of WHEN... and WHO will take over ATRO
  • B
    Brad
    Looking pretty grim.
  • B
    BobB
    Lack of earnings report due on Friday. Stock should drop by close to ten percent then.
  • S
    Seattle Guy
    I just read the earnings report and it looks good. Great 2018, decent outlook for 2019 and really, the only disappointment is with the Test division in Q4 and the Test division's outlook for 2019. As usual, Aerospace will carry 90% of the revenue and profit but they had a really strong 2018 and Q4 coupled with their best sales backlog in several years.

    I'm actually surprised the stock isn't up more into the $35-37 range given these results and given the 2019 outlook.

    Thoughts?
  • B
    BobB
    Decent earnings report and it appears investors are becoming hopeful in growth again.
  • S
    Seattle Guy
    @BobB If you bought the stock 5 years ago at $26.06 and held, each share would be worth $53.43 based on today's closing with the 82.8% adjustment for the four splits that occurred in that time frame. That's a 105% return over five years even with the recent drop from around $40 to $29.23. If a person took profits at some of those tops over that five years and bought back in at some of the lows or even above those lows, that return would be much higher. It's been a great stock if you know how to hold it and take some profits. Part of what has hit the shares recently is the same thing as every other stock, which is the over all market shares. Add the recent stock split to that and here we are.

    I'm still long and recently bought more shares at $31.82.
  • j
    james
    Guidance looks good . Stock will improve after ATRO digests acquisitions.
  • W
    Whognu
    Sold almost all of his stock a couple of days after he said this

    Mr. Gundermann concluded, “We believe we are on track for a strong second half to 2018. The mid-points of our predicted revenue range for the year suggest 26% consolidated sales growth over our 2017 total. Aerospace would see growth of 24%, while Test would see growth of 39%. As we work towards these targets we will also continue to improve our margins. The progress should be impressive in the last two quarters of the year.”

    GUNDERMANN PETER J Officer 08/03/2018 Automatic Sell direct 47,322 45.0000 7,421

    Wonder why it took so long to drop.
  • j
    james
    End of month rebalancing in certain indexes. We will see green again in coming days. Solid company with earnings.May add shares here.
  • B
    BobB
    Wow. I'm speechless. I don't think the price will ever recover to what it was. I wish I had gone with my gut-feeling and sold it all a couple of months ago.
  • S
    Seattle Guy
    Great quarter! Congrats to the long term shareholders. The remaining 2018 outlook is looking good per Mr. Gunderman’s statements.
  • r
    richard
    Today ATRO news is huge. AeroSat antenna certification worldwide will have a lasting impact for years to come.I expect 200 M extra revenue starting next year. Kudos to management team.
  • B
    BobB
    For what it's worth, I like this new acquisition. (Diagnosys) This has potential to produce some growth-- finally.
  • B
    BobB
    Again we have a couple of press releases just prior to the quarterly report. Past experience tells me the numbers will not be good. A couple of days to prove me wrong, Peter.
  • B
    BobB
    Another new low on pretty good volume. At this time a share price below $20 doesn't seem unreasonable to me. And the reason is that there isn't a growth driver.
  • B
    BobB
    After the 15 percent dilution will ATRO be back in the 20s? Seems to be heading there rather quickly.
  • B
    BobB
    ATRO is now back to the 20's as I feared and spoke of. This is a fairly predictable stock and for the last few years you can bet on disappointment.
  • A
    Animus787
    Wake me up for second half 2020. Q4 '19 and Q1-2 '20 will have Aerosat consolidation losses/charges, effects from 737 Max grounding, and no LuxStream antenna revenue. By Q3 2020 737 Max will be back, LuxStream should be ramping, Bell 525 should be ramping (ATRO has nice shipset on each of these), Aerosat consolidation will be complete, perhaps a few more Test System mass transit contracts will be won, etc. Until then, best to just tuck this in a drawer and not focus on it.
  • B
    BobB
    If anyone has a compelling reason to BUY this stock please post it soon. Too many people seem to agree with me and are selling!
  • B
    BobB
    Selling part of the company may be a good first step. They've got to do something or the share price will only drift lower.