Astronics (NASDAQ:ATRO) Raised to Strong-Buy at Wall Street Zen

Astronics (NASDAQ:ATRO) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

Several other research firms have also issued reports on ATRO. Truist Financial upped their price target on shares of Astronics from $75.00 to $107.00 and gave the company a “buy” rating in a research report on Wednesday. TD Cowen initiated coverage on Astronics in a report on Wednesday, November 26th. They set a “buy” rating for the company. CJS Securities raised Astronics to a “strong-buy” rating in a research note on Thursday, December 11th. Zacks Research upgraded Astronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Craig Hallum restated a “buy” rating on shares of Astronics in a report on Friday, January 9th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $77.33.

Astronics Stock Performance

Shares of NASDAQ ATRO opened at $80.62 on Friday. The stock’s 50-day moving average is $70.49 and its 200 day moving average is $54.20. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 104.70 and a beta of 1.10. Astronics has a 1-year low of $19.51 and a 1-year high of $81.89. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 3.07.

Astronics (NASDAQ:ATRO) last issued its quarterly earnings results on Tuesday, February 24th. The aerospace company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.12. The business had revenue of $240.07 million for the quarter, compared to analysts’ expectations of $237.11 million. Astronics had a net margin of 3.41% and a return on equity of 36.45%. The business’s quarterly revenue was up 15.1% on a year-over-year basis. During the same period last year, the business earned $0.46 earnings per share. On average, sell-side analysts anticipate that Astronics will post 0.82 EPS for the current fiscal year.

Hedge Funds Weigh In On Astronics

Institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc boosted its stake in Astronics by 389.6% in the 3rd quarter. IFP Advisors Inc now owns 563 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 448 shares in the last quarter. Allworth Financial LP raised its holdings in Astronics by 57.1% in the fourth quarter. Allworth Financial LP now owns 528 shares of the aerospace company’s stock worth $29,000 after buying an additional 192 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Astronics by 147.6% in the second quarter. EverSource Wealth Advisors LLC now owns 894 shares of the aerospace company’s stock worth $30,000 after buying an additional 533 shares in the last quarter. Quarry LP lifted its stake in shares of Astronics by 33.6% in the fourth quarter. Quarry LP now owns 568 shares of the aerospace company’s stock worth $31,000 after buying an additional 143 shares in the last quarter. Finally, Leonteq Securities AG purchased a new stake in shares of Astronics during the fourth quarter valued at approximately $33,000. 56.68% of the stock is currently owned by institutional investors.

Key Headlines Impacting Astronics

Here are the key news stories impacting Astronics this week:

• Positive Sentiment: Astronics raised FY‑2026 revenue guidance to $950.0 million–$990.0 million, above consensus (~$923.8M), which is a clear catalyst for upside expectations from investors.
• Positive Sentiment: Q4 results showed a beat on EPS and revenue (Q4 EPS $0.75 vs. $0.63 estimate; revenue $240.1M vs. $237.1M est.), reinforcing the company’s growth narrative and supporting the guidance. Earnings Highlights
• Positive Sentiment: Analyst commentary is bullish — Truist’s coverage flagged upside for ATRO, noting prospects for the stock. Truist Analyst Story
• Positive Sentiment: Third‑party writeups rank ATRO favorably vs. peers and list it among stocks trading near 52‑week highs, highlighting positive momentum and longer‑term aerospace demand drivers. Zacks Comparison Momentum List
• Neutral Sentiment: Short‑interest data posted for late February shows zero shares / NaN changes — this appears to be a reporting/data glitch and is not a meaningful signal of increased short pressure.
• Negative Sentiment: Coverage after the earnings release flagged reasons the stock moved lower earlier (articles titled “Why ATRO Stock Is Down”), indicating investor concerns or profit‑taking around the print and call details. AAII: Why Stock Is Down Yahoo: Why Stock Is Down
• Negative Sentiment: Valuation and leverage may keep some investors cautious — ATRO’s trailing P/E is elevated (~104.7) and debt/equity is relatively high (~3.07), which can amplify share volatility if growth expectations slip.

About Astronics

Astronics Corporation (NASDAQ: ATRO) is a global leader in the design and manufacture of advanced technologies primarily for the aerospace, defense and semiconductor industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through a combination of internal development and strategic acquisitions. Astronics operates multiple business units focused on power conversion, distribution and control; cabin electronics and connectivity; aircraft lighting and safety solutions; and automated test systems.

The company’s aerospace products include onboard power generation and management systems, in-flight entertainment and connectivity hardware, LED and fluorescent lighting for aircraft cabins and cockpits, and safety equipment such as escape slide power units.