Teledyne Technologies (NYSE:TDY – Get Free Report) and Astrotech (NASDAQ:ASTC – Get Free Report) are both aerospace companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, risk, valuation, institutional ownership, earnings and profitability.
Risk and Volatility
Teledyne Technologies has a beta of 1.01, meaning that its stock price is 1% more volatile than the S&P 500. Comparatively, Astrotech has a beta of -0.12, meaning that its stock price is 112% less volatile than the S&P 500.
Profitability
This table compares Teledyne Technologies and Astrotech’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Teledyne Technologies | 14.99% | 10.24% | 7.05% |
| Astrotech | -1,163.89% | -68.53% | -57.30% |
Earnings & Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Teledyne Technologies | $6.12 billion | 4.92 | $894.80 million | $19.77 | 32.88 |
| Astrotech | $1.05 million | 5.72 | -$13.85 million | ($8.34) | -0.41 |
Teledyne Technologies has higher revenue and earnings than Astrotech. Astrotech is trading at a lower price-to-earnings ratio than Teledyne Technologies, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership
91.6% of Teledyne Technologies shares are held by institutional investors. Comparatively, 24.4% of Astrotech shares are held by institutional investors. 1.4% of Teledyne Technologies shares are held by company insiders. Comparatively, 16.8% of Astrotech shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of recent ratings for Teledyne Technologies and Astrotech, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Teledyne Technologies | 0 | 3 | 5 | 0 | 2.63 |
| Astrotech | 1 | 0 | 0 | 0 | 1.00 |
Teledyne Technologies currently has a consensus price target of $693.71, suggesting a potential upside of 6.73%. Given Teledyne Technologies’ stronger consensus rating and higher probable upside, research analysts plainly believe Teledyne Technologies is more favorable than Astrotech.
Summary
Teledyne Technologies beats Astrotech on 12 of the 14 factors compared between the two stocks.
About Teledyne Technologies
Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters. This segment also offers cooled and uncooled infrared or thermal products, including sensors, camera cores, and camera systems; high-resolution, low-dose X-ray sensors, high-power microwave, and high-energy X-ray subsystems; and instruments for the measurement of physical properties and maritime products; as well as develops and manufactures multi-spectrum electro-optic/infrared imaging systems and associated products, such as lasers, optics, and radars, CBRNE (Chemical, Biological, Radiological, Nuclear and Explosive detectors), and unmanned air and ground systems. The company's Instrumentation segment offers monitoring, control, and electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. The company's Aerospace and Defense Electronics segment provides electronic components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, general aviation batteries, and other components; and onboard avionics systems and ground-based applications, aircraft data and connectivity solutions, hardware systems, and software applications. Its Engineered Systems segment offers systems engineering and integration, technology development, and manufacturing solutions for defense, space, environmental, and energy applications; and designs and manufactures electrochemical energy systems and electronics for military applications. The company was founded in 1960 and is headquartered in Thousand Oaks, California.
About Astrotech
Astrotech Corporation operates as a mass spectrometry company worldwide. It owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology, a platform mass spectrometry technology. The company also develops TRACER 1000, a mass spectrometer-based explosive trace detector to replace the explosives trace detectors used at airports, cargo and other secured facilities, and borders. In addition, it develops AgLAB-1000, a mass spectrometer for use in the hemp and cannabis market. Further, the company develops BreathTest-1000, a breath analysis tool to screen for volatile organic compound metabolites found in a person's breath. The company was formerly known as SPACEHAB, Inc. and changed its name to Astrotech Corporation in 2009. The company was incorporated in 1984 and is based in Austin, Texas.
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