Astronics Corporation is a supplier of products to the global aerospace, defense, electronics and semiconductor industries. Products and services include advanced, high-performance electrical power generation & distribution systems, lighting & safety systems, avionics products, aircraft structures, engineering design and systems certification and automated test systems. The company was founded in 1968 and is based in East Aurora, New York.
ATRO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Astronics Corp. To summarize, we found that Astronics Corp ranked in the 21th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Astronics Corp ended up being:
Its compound free cash flow growth rate, as measured over the past 5.68 years, is -0.09% -- higher than only 15.37% of stocks in our DCF forecasting set.
As a business, ATRO is generating more cash flow than merely 22.29% of positive cash flow stocks in the Industrials.
Astronics Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -21.26. This coverage rate is greater than that of merely 5.6% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Astronics Corp? See PLPC, TWI, BDC, GGG, and IEA.
Shares of Astronics (NASDAQ:ATRO) were flat in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 289.47% year over year to ($0.36), which missed the estimate of ($0.31).Revenue of $123,694,000 decreased by 34.59% from the same period last year, which beat the estimate of $110,030,000.Guidance The upcoming fiscal year's revenue expected to be between $500,000,000 and $525,000,000.How To Listen To The Conference Call Date: Jul 31, 2020Time: 11:00 AMView more earnings on ATROET Webcast URL: http://public.viavid.com/player/index.php?id=140405Technicals Company's 52-week high was at $38.0452-week low: $6.99Price action over last quarter: Up 10.14%Company Overview Astronics Corp supplies products to the aerospace, defense, and othe...
Astronics (ATRO) announced contract awards received from Bell Textron, a Texton (TXT) company, for advancing the former's CorePower airframe electrical generation and power distribution systems (Bell 360 Invictus prototype) in order to support their Future Long-Range Assault Aircraft and Future Attack Reconnaissance Aircraft programs.Part of the U.S. Army's Future Vertical Lift initiative,...