Analyzing Astra Space (ASTR) & The Competition

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

Insider and Institutional Ownership

48.2% of Astra Space shares are held by institutional investors. Comparatively, 58.9% of shares of all “Transportation services” companies are held by institutional investors. 36.6% of Astra Space shares are held by company insiders. Comparatively, 20.3% of shares of all “Transportation services” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

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 -2,284.75% -93.44% -7.19%

Analyst Recommendations

This is a summary of recent recommendations for Astra Space and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Astra Space 1 0 1 0 2.00
Astra Space Competitors 198 1025 1719 44 2.54

Astra Space currently has a consensus target price of $5.00, suggesting a potential upside of 109.21%. As a group, “Transportation services” companies have a potential upside of 39.99%. Given Astra Space’s higher probable upside, analysts clearly believe Astra Space is more favorable than its competitors.

Volatility and Risk

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

Valuation and Earnings

This table compares Astra Space and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Astra Space N/A -$257.78 million -2.25
Astra Space Competitors $3.48 billion $133.20 million 20.20

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.

Summary

Astra Space competitors beat Astra Space on 9 of the 13 factors compared.

Astra Space Company Profile (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.

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