Contrasting Astra Space (ASTR) and The Competition

Astra Space (NASDAQ:ASTR – Get Rating) is one of 31 publicly-traded companies in the “Transportation services” industry, but how does it contrast to its competitors? We will compare Astra Space to related companies based on the strength of its analyst recommendations, valuation, risk, profitability, dividends, institutional ownership and earnings.

Insider & Institutional Ownership

48.2% of Astra Space shares are owned by institutional investors. Comparatively, 57.5% of shares of all “Transportation services” companies are owned by institutional investors. 36.6% of Astra Space shares are owned by insiders. Comparatively, 21.7% of shares of all “Transportation services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Astra Space and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Astra Space	1	0	1	0	2.00
Astra Space Competitors	197	1024	1719	44	2.54

Astra Space presently has a consensus price target of $5.00, indicating a potential upside of 61.81%. As a group, “Transportation services” companies have a potential upside of 32.24%. Given Astra Space’s higher possible upside, equities analysts clearly believe Astra Space is more favorable than its competitors.

Earnings and Valuation

This table compares Astra Space and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Astra Space	N/A	-$257.78 million	-2.92
Astra Space Competitors	$3.48 billion	$133.20 million	20.80

Astra Space’s competitors have higher revenue and earnings than Astra Space. Astra Space is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Astra Space and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Astra Space	N/A	-44.55%	-37.55%
Astra Space Competitors	-1,925.11%	-96.35%	-5.75%

Volatility & Risk

Astra Space has a beta of 1.29, suggesting that its stock price is 29% more volatile than the S&P 500. Comparatively, Astra Space’s competitors have a beta of 3.34, suggesting that their average stock price is 234% more volatile than the S&P 500.

Summary

Astra Space competitors beat Astra Space on 8 of the 12 factors compared.

About Astra Space (Get Rating)

Astra Space, Inc. designs, tests, manufactures, launches, and operates space products and services. The company also designs, tests, manufactures, and operates propulsion modules to enable satellites to orbit in space. Its customers primarily include satellite operators, satellite manufacturers, government agencies, and defense prime contractors. The company was incorporated in 2016 and is headquartered in Alameda, California.