Analyzing Astra Space (ASTR) and Its Rivals

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

Analyst Ratings

This is a breakdown of recent recommendations for Astra Space and its rivals, as reported by MarketBeat.com.

	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 price target of $5.00, indicating a potential upside of 102.43%. As a group, “Transportation services” companies have a potential upside of 28.34%. Given Astra Space’s higher possible upside, research analysts plainly believe Astra Space is more favorable than its rivals.

Earnings and Valuation

This table compares Astra Space and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Astra Space	N/A	-$257.78 million	-2.33
Astra Space Competitors	$3.48 billion	$133.10 million	18.84

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

Profitability

This table compares Astra Space and its rivals’ 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%

Insider & Institutional Ownership

48.2% of Astra Space shares are owned by institutional investors. Comparatively, 58.9% of shares of all “Transportation services” companies are owned by institutional investors. 36.6% of Astra Space shares are owned by insiders. Comparatively, 20.3% 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 will outperform the market over the long term.

Volatility & Risk

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

Summary

Astra Space rivals 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.