Astronics (ATRO)

• Market cap: $563M
• 1 day: -0.44%
• 5 days: 0.88%
• 1 month: -3.68%
• 3 months: -18.07%
• 6 months: -18.94%
• Year to date: -7.37%
• 1 year: -7.37%
• 5 years: -43.46%
• 10 years: -55.80%
• Sector: Industrials
• Industry: Aircraft Parts & Auxiliary Equipment

About: Astronics Corp supplies products to the aerospace, defense, and electronics industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport, and General Aviation. The Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.

Employees: 2,640

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

214% more call options, than puts

Call options by funds: $110K | Put options by funds: $35K

145% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 11

46% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 35

12% more funds holding

Funds holding: 130 [Q2] → 146 (+16) [Q3]

0.13% more ownership

Funds ownership: 72.32% [Q2] → 72.45% (+0.13%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

2% less capital invested

Capital invested by funds: $421M [Q2] → $414M (-$7.01M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $20 25% upside
• Avg. target: $20 25% upside
• High target: $20 25% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Truist Securities Michael Ciarmoli 68% 1-year accuracy 40 / 59 met price target

25% upside $20

Hold Maintained

18 Oct 2024