Astronics (NASDAQ:ATRO) Stock Price Down 8% – Here’s Why
by Renee Jackson · The Cerbat GemAstronics Corporation (NASDAQ:ATRO – Get Free Report)’s stock price was down 8% on Wednesday . The stock traded as low as $72.00 and last traded at $73.01. Approximately 321,315 shares changed hands during trading, a decline of 56% from the average daily volume of 736,622 shares. The stock had previously closed at $79.39.
Trending Headlines about Astronics
Here are the key news stories impacting Astronics this week:
- Positive Sentiment: Astronics raised FY‑2026 revenue guidance to $950.0 million–$990.0 million, above consensus (~$923.8M), which is a clear catalyst for upside expectations from investors.
- Positive Sentiment: Q4 results showed a beat on EPS and revenue (Q4 EPS $0.75 vs. $0.63 estimate; revenue $240.1M vs. $237.1M est.), reinforcing the company’s growth narrative and supporting the guidance. Earnings Highlights
- Positive Sentiment: Analyst commentary is bullish — Truist’s coverage flagged upside for ATRO, noting prospects for the stock. Truist Analyst Story
- Positive Sentiment: Third‑party writeups rank ATRO favorably vs. peers and list it among stocks trading near 52‑week highs, highlighting positive momentum and longer‑term aerospace demand drivers. Zacks Comparison Momentum List
- Neutral Sentiment: Short‑interest data posted for late February shows zero shares / NaN changes — this appears to be a reporting/data glitch and is not a meaningful signal of increased short pressure.
- Negative Sentiment: Coverage after the earnings release flagged reasons the stock moved lower earlier (articles titled “Why ATRO Stock Is Down”), indicating investor concerns or profit‑taking around the print and call details. AAII: Why Stock Is Down Yahoo: Why Stock Is Down
- Negative Sentiment: Valuation and leverage may keep some investors cautious — ATRO’s trailing P/E is elevated (~104.7) and debt/equity is relatively high (~3.07), which can amplify share volatility if growth expectations slip.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on ATRO shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Astronics in a report on Wednesday, January 21st. Zacks Research raised shares of Astronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. TD Cowen began coverage on shares of Astronics in a research report on Wednesday, November 26th. They set a “buy” rating on the stock. CJS Securities upgraded shares of Astronics to a “strong-buy” rating in a research report on Thursday, December 11th. Finally, Craig Hallum reissued a “buy” rating on shares of Astronics in a research note on Friday, January 9th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Astronics has a consensus rating of “Buy” and a consensus price target of $77.33.
Get Our Latest Stock Analysis on ATRO
Astronics Trading Up 0.5%
The company has a market cap of $2.87 billion, a price-to-earnings ratio of 104.70 and a beta of 1.10. The company’s 50 day moving average price is $69.97 and its 200 day moving average price is $53.86. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.56 and a current ratio of 2.87.
Astronics (NASDAQ:ATRO – Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The aerospace company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.12. The business had revenue of $240.07 million during the quarter, compared to analyst estimates of $237.11 million. Astronics had a net margin of 3.41% and a return on equity of 36.45%. Astronics’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 EPS. Research analysts anticipate that Astronics Corporation will post 0.82 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC acquired a new stake in Astronics in the 4th quarter worth approximately $342,000. Invesco Ltd. grew its holdings in Astronics by 63.0% during the fourth quarter. Invesco Ltd. now owns 205,672 shares of the aerospace company’s stock valued at $11,156,000 after purchasing an additional 79,469 shares during the last quarter. Corient Private Wealth LLC bought a new position in shares of Astronics in the fourth quarter valued at approximately $568,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Astronics in the fourth quarter worth $282,000. Finally, SkyView Investment Advisors LLC acquired a new stake in shares of Astronics in the fourth quarter worth $217,000. 56.68% of the stock is owned by institutional investors.
About Astronics
Astronics Corporation (NASDAQ: ATRO) is a global leader in the design and manufacture of advanced technologies primarily for the aerospace, defense and semiconductor industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through a combination of internal development and strategic acquisitions. Astronics operates multiple business units focused on power conversion, distribution and control; cabin electronics and connectivity; aircraft lighting and safety solutions; and automated test systems.
The company’s aerospace products include onboard power generation and management systems, in-flight entertainment and connectivity hardware, LED and fluorescent lighting for aircraft cabins and cockpits, and safety equipment such as escape slide power units.