Astronics (ATROB) Expected to Announce Quarterly Earnings on Tuesday

Astronics (OTCMKTS:ATROB) is expected to release 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%

Shares of ATROB traded down $0.58 during mid-day trading on Tuesday, reaching $59.51. 2,408 shares of the company were exchanged, compared to its average volume of 28,878. Astronics has a 52 week low of $36.71 and a 52 week high of $94.28. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.63 and a current ratio of 2.97. The stock has a market capitalization of $2.56 billion, a PE ratio of 35.01 and a beta of 1.33. The business has a 50 day simple moving average of $67.41 and a two-hundred day simple moving average of $78.28.

Analysts Set New Price Targets

Separately, KeyCorp raised shares of Astronics to a “hold” rating in a research report on Friday, October 23rd. One research analyst has rated the stock with a Hold rating. Based on 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.