|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||38.20 - 39.04|
|52 Week Range||27.56 - 44.34|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||10.55|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.83|
Today we are going to look at Astronics Corporation (NASDAQ:ATRO) to see whether it might be an attractive investment...
Astronics Corporation (ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today the signing of a definitive agreement under which Hughey & Phillips, LLC, will acquire the Airfield Lighting product line from Astronics. Peter J. Gundermann, Chairman, President and Chief Executive Officer, commented, “As we continue to build and grow our business, the Airfield Lighting product line comprised less than 1% of our 2018 revenue and no longer fits within our core offerings.
Astronics Corporation (ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has acquired Freedom Communication Technologies, Inc. (FCT) a developer and manufacturer of communication test equipment for the land-based mobile radio test market providing innovative solutions to Long-Term Evolution (LTE) high-speed wireless communications customers globally. Astronics has acquired 100% of the equity of FCT for $22 million in cash. Peter J. Gundermann, Chairman, President and Chief Executive Officer commented, “FCT is a leader in wireless communications testing, primarily for the civil land mobile radio market.
Does Astronics Corporation (NASDAQ:ATRO) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to […]
Shares of a handful of commercial aerospace original equipment manufacturers sank Friday, after SunTrust RH analyst Mike Ciarmoli turned bearish on the sector, citing ongoing uncertainties related to the grounding of Boeing Co.'s 737 Max jets. Along with cutting the sector rating to negative, shares of Astronics Corp. slumped 7.1%, Barnes Group Inc. slid 3.8% and Spirit AeroSystems Holdings Inc. lost 4.0%, after Ciarmoli downgraded those companies to sell from hold; and shares of Ducommun Inc. dropped 5.6% and Woodward Inc. shed 2.3% after Ciarmoli downgraded them to hold from buy. "Given the current industry unknowns tied to 737, and our expectation that 2019/2020 outlooks and Street estimates need to be lowered, we cannot continue to advise investors to buy, or in some cases, own names in our coverage universe during this uncertain and unprecedented time...," Ciarmoli wrote in a note to clients. " We would note, however, that this is a short-term tactical downgrade which we will keep in place until more clarity around the MAX and supplier implications become more well known." The S&P Aerospace & Defense Select Index has rallied 27% year to date, while the S&P 500 has gained 15%.
Astronics Corporation (ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today with great sorrow that Kevin T. Keane, a member of its Board of Directors for nearly 50 years and Board Chairman for 45 years, passed away on June 10, 2019 in Buffalo, NY. Peter J. Gundermann, President and Chief Executive Officer, was appointed Chairman of the Board.
The ME1000 family of Mini PCI Express interfaces delivers the most avionics I/O in the smallest form factor for the embedded aerospace market
Astronics Corporation (NASDAQ:ATRO), which is in the aerospace & defense business, and is based in United States, led...
Astronics Corporation (ATRO), a leading supplier of advanced technologies and products to the global aerospace and defense industries, today announced that it has adopted a 10b5-1 plan to facilitate the purchase of shares during periods when it may otherwise be prevented from acting due to securities laws and self-imposed blackout periods. Any such purchases would be made under the company’s previously announced share repurchase authorization.
EAST AURORA, N.Y.-- -- Strong sales of $208.2 million, up 16.3% over 2018 first quarter Improved operating margin of 11.0% with income from operations of $22.9 million Fifth consecutive quarter of record Aerospace sales; up 14.5% to $188.5 million Aerospace segment operating profit improves to $25.8 million, or 13.7% of sales Record Aerospace backlog of $329.2 million Strong bookings of $205.0 million ...
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