Media coverage about Astronics Corporation (NASDAQ:ATRO) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Astronics Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the aerospace company an impact score of 46.1171204933655 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s analysis:

Astronics Corporation (NASDAQ:ATRO) opened at 31.72 on Friday. Astronics Corporation has a 1-year low of $23.95 and a 1-year high of $41.03. The firm has a market cap of $910.40 million, a P/E ratio of 23.02 and a beta of 1.17. The stock’s 50 day moving average is $27.90 and its 200-day moving average is $29.62.

Astronics Corporation (NASDAQ:ATRO) last announced its quarterly earnings data on Wednesday, August 2nd. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $151.11 million during the quarter, compared to analysts’ expectations of $162.33 million. Astronics Corporation had a return on equity of 12.12% and a net margin of 6.73%. The firm’s revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 earnings per share. Analysts forecast that Astronics Corporation will post $1.42 EPS for the current year.

Several research analysts recently weighed in on the stock. Canaccord Genuity reissued a “buy” rating and issued a $36.00 target price on shares of Astronics Corporation in a research note on Thursday. Zacks Investment Research downgraded shares of Astronics Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, August 4th. Finally, BidaskClub downgraded shares of Astronics Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. Astronics Corporation has a consensus rating of “Hold” and an average target price of $35.00.

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About Astronics Corporation

Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company’s products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems.

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