Head-To-Head Review: Astra Space (ASTR) vs. Its Peers

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

Institutional & Insider 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 company is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Astra Space	N/A	-46.21%	-38.89%
Astra Space Competitors	-2,284.15%	-105.28%	-6.96%

Valuation & Earnings

This table compares Astra Space and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Astra Space	N/A	-$257.78 million	-2.22
Astra Space Competitors	$3.48 billion	$133.10 million	18.63

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

Analyst Ratings

This is a summary of current recommendations and price targets for Astra Space and its peers, 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	199	1030	1726	44	2.54

Astra Space currently has a consensus target price of $5.00, suggesting a potential upside of 112.77%. As a group, “Transportation services” companies have a potential upside of 30.82%. Given Astra Space’s higher probable upside, analysts plainly believe Astra Space is more favorable than its peers.

Volatility & Risk

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

Summary

Astra Space peers beat Astra Space on 9 of the 13 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.