Astronics (ATROB) Projected to Announce Earnings on Tuesday

Astronics (OTCMKTS:ATROB) is expected to be releasing its results after the market closes on Tuesday, November 10th. Analysts expect the company to post earnings of $0.72 per share and revenue of $267.97 million for the quarter.

Astronics Trading Down 1.0%

ATROB traded down $0.58 during trading on Tuesday, hitting $59.51. The company’s stock had a trading volume of 2,408 shares, compared to its average volume of 28,878. Astronics has a twelve month low of $36.71 and a twelve month high of $94.28. The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 1.57. The stock’s fifty day moving average price is $67.41 and its 200-day moving average price is $78.28. The firm has a market capitalization of $2.56 billion, a P/E ratio of 35.01 and a beta of 1.33.

Wall Street Analyst Weigh In

Separately, KeyCorp upgraded shares of Astronics to a “hold” rating in a research note on Friday, October 23rd. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Astronics Company Profile

Astronics Corporation is an aerospace and defense technology company that designs and manufactures specialized systems and products for the global aerospace industry. Its offerings support commercial transport, military and defense, business and general aviation, and space applications.

The company’s products include aircraft electrical power generation and distribution systems, lighting and cabin-management systems, in-flight entertainment and connectivity equipment, electronic and electromechanical systems, and advanced test systems used to evaluate aerospace equipment.