Astronics (ATRO) to Release Earnings on Wednesday

Astronics (NASDAQ:ATRO) will be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Astronics to post earnings of $0.18 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Astronics Stock Up 0.1 %

NASDAQ ATRO traded up $0.01 on Tuesday, hitting $18.20. 43,786 shares of the company were exchanged, compared to its average volume of 142,269. Astronics has a 1-year low of $14.11 and a 1-year high of $23.74. The firm has a 50 day moving average of $19.70 and a two-hundred day moving average of $19.70. The company has a quick ratio of 1.50, a current ratio of 2.92 and a debt-to-equity ratio of 0.67.

Wall Street Analyst Weigh In

Separately, Truist Financial decreased their price target on shares of Astronics from $22.00 to $20.00 and set a “hold” rating on the stock in a research note on Friday, October 18th.

Astronics Company Profile

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.