ATRO Stock Summary and Trading Ideas (Astronics | NASDAQ:ATRO)

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.

Astronics trades on the NASDAQ stock market under the symbol ATRO.

As of January 29, 2025, ATRO stock price climbed to $17.09 with 241,530 million shares trading.

ATRO has a beta of 1.53, meaning it tends to be more sensitive to market movements. ATRO has a correlation of 0.24 to the broad based SPY ETF.

ATRO has a market cap of $602.63 million. This is considered a Small Cap stock.

Last quarter Astronics reported $204 million in Revenue and $.35 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.27.

In the last 3 years, ATRO traded as high as $23.74 and as low as $7.46.

The top ETF exchange traded funds that ATRO belongs to (by Net Assets): VTI, IWM, VXF, XAR, IWN.

ATRO has underperformed the market in the last year with a return of -1.1%, while the SPY ETF gained +24.9%. In the last 3 month period, ATRO fell short of the market, returning -7.0%, while SPY returned +4.0%. However, in the most recent 2 weeks ATRO has outperformed the stock market by returning +6.3%, while SPY returned +3.4%.

ATRO support price is $16.62 and resistance is $17.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATRO shares will trade within this expected range on the day.