Astronics Corporation (ATRO) is slated to release first-quarter 2025 results on May 6, after market close.  The Zacks Consensus Estimate for revenues is pegged at $190 million, implying 2.7% growth from the year-ago quarter's reported figure. The consensus mark for earnings is pegged at 25 cents per share, suggesting a solid improvement from the prior-year quarter’s reported loss of 9 cents. The bottom-line estimate has also moved 19.1% north in the past 60 days. (Find the latest EPS estimates and surprises ...

Core Viewpoint - Astronics Corporation (ATRO) has shown strong stock performance, with a 32.3% increase over the past year, outperforming both the Zacks Aerospace-Defense Equipment industry and the broader Zacks Aerospace sector [1][2]. Group 1: Stock Performance - ATRO's stock has outperformed the S&P 500's return of 8.3% during the same period [1]. - Other industry players like Leonardo DRS and Curtiss-Wright Corp. have also performed well, with stock increases of 67.5% and 31.7%, respectively [2]. Group 2: Drivers of Growth - Significant contracts, such as the U.S. Army Future Long Range Assault Aircraft contract, are expected to contribute approximately $60-$65 million in revenues over the next few years [4]. - A contract secured in April 2025 to supply the Frequency Converter Unit for NASA and Boeing's TTBW X-66 aircraft demonstrator will further support revenue growth [5]. - The company reported a solid 15% year-over-year sales increase in 2024, indicating strong operational performance [6]. Group 3: Financial Position - As of December 2024, ATRO had cash and cash equivalents of $18 million and no current debt, with long-term debt totaling $169 million [7]. - The company is positioned to invest in new product innovation, which is crucial for growth in the aerospace sector [7]. Group 4: Future Outlook - The Zacks Consensus Estimate predicts a 3.6% year-over-year growth in sales for 2025 and an 8.2% increase for 2026 [11]. - Earnings estimates show significant growth potential, with a projected year-over-year increase of 377.78% for the current quarter and 53.10% for the next year [13]. Group 5: Valuation - ATRO's forward 12-month price-to-earnings (P/E) ratio is 16.63X, which is below the peer group average of 23.42X, indicating a potentially attractive investment opportunity [14].

The market expects Astronics Corporation (ATRO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...

As global air travel rebounds and defense modernization accelerates, aerospace technology stocks are drawing fresh investor interest. Two stocks that stand out to gain from this trend are Astronics Corporation (ATRO) and Heico Corporation (HEI) . The sector’s focus on mission-critical systems, next-gen avionics, and advanced connectivity solutions is fueling long-term growth, especially as airlines and militaries upgrade their fleets.Astronics specializes in innovative electrical power systems, lighting, an ...

Strong global air passenger traffic projections present attractive growth prospects for stocks in the Zacks Aerospace-Defense Equipment industry. However, ongoing supply-chain disruptions in the commercial aerospace sector may dampen demand for aircraft components, potentially weighing on profitability and cash flow. Despite these challenges, the industry is likely to benefit from strategic mergers and acquisitions, which can drive operational efficiencies, expand market reach and broaden product portfolios ...

Astronics (ATRO) is a Zacks Rank #1 (Strong Buy) that has a C for Value and a A for Growth.  After a massive beat, shares launched higher on expectations of higher earnings.  The recent tariff tantrum has brought the price back down, but this stock has resisted the urge to purge investors as the story is compelling.  Let’s explore more about why this stock is the Bull of the Day.Description                       Astronics Corp. engages in the provision of electrical power generation and distribution systems ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Astronics Corporation (ATRO) - ATRO currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] - Over the past week, ATRO shares increased by 1.31%, outperforming the Zacks Aerospace - Defense Equipment industry, which rose by 0.63% [5] - In the last quarter, ATRO shares surged by 58.14%, while the S&P 500 only moved -4.21% during the same period [6] - The average 20-day trading volume for ATRO is 728,410 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - Over the past two months, one earnings estimate for ATRO has increased, raising the consensus estimate from $1.10 to $1.29 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [9] Conclusion - Considering the positive momentum indicators and earnings outlook, ATRO is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]

After reaching an important support level, Astronics Corporation (ATRO) could be a good stock pick from a technical perspective. ATRO recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves th ...

Astronics Corporation (ATRO) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revis ...

Financial Performance - The company's consolidated sales for 2024 were $795.4 million, an increase of $106.2 million or 15.4% compared to $689.2 million in 2023[176]. - The net loss for 2024 was $16.2 million, or $0.46 per diluted share, compared to a net loss of $26.4 million, or $0.80 per diluted share in 2023[183]. - The company incurred net losses of $16.2 million, $26.4 million, and $35.7 million for the years ended December 31, 2024, 2023, and 2022, respectively, indicating ongoing financial challenges[85]. - Cash provided by operating activities totaled $30.6 million in 2024, compared to a cash outflow of $23.9 million in 2023[207]. - Cash used for investing activities was $8.4 million in 2024, up from $4.1 million in 2023[209]. - Cash used for financing activities totaled $14.5 million in 2024, compared to cash provided of $25.4 million in 2023[211]. - The company has working capital of $270.0 million in 2024, an increase from $246.4 million in 2023[205]. Sales and Revenue - The Aerospace segment generated approximately $524.6 million in sales, accounting for 65.9% of the company's consolidated sales in 2024[157]. - Sales to Boeing accounted for 10.2% of total sales in 2024, compared to 11.0% in both 2023 and 2022[25]. - Approximately 15% of consolidated sales in 2024 were made to U.S. government-related markets[29]. - Sales to the military aerospace market totaled $88.0 million, representing 11.1% of consolidated sales in 2024[159]. - The general aviation market contributed $74.3 million in sales, which is about 9.3% of consolidated sales in 2024[161]. - The Test Systems segment accounted for approximately $88.7 million in sales, making up 11.2% of consolidated sales in 2024[163]. Backlog and Bookings - The consolidated backlog as of December 31, 2024, was $599.2 million, an increase from $586.6 million in 2023, driven by recovering demand from commercial transport and general aviation customers[34]. - Bookings for the Aerospace segment totaled $732.7 million in 2024, resulting in a book-to-bill ratio of 1.04:1, while the Test Systems segment had bookings of $75.4 million, leading to a book-to-bill ratio of 0.85:1[191][196]. - The Aerospace segment's backlog at the end of 2024 was $537.6 million, compared to $511.5 million at the end of 2023[191]. Expenses and Costs - Research and development expenses amounted to $52.1 million in 2024, down from $53.5 million in 2023 and up from $48.3 million in 2022[37]. - The company has experienced significant price inflation in labor and materials, which has adversely affected its business and financial condition[74]. - Labor, medical, and workers' compensation costs have increased substantially and are expected to continue rising, impacting future profitability[73]. - Fixed-price contracts represented almost all of the company's sales for the year ended December 31, 2024, which exposes the company to potential losses due to cost overruns[78]. Debt and Financing - The company completed a refinancing transaction on July 11, 2024, with a $200.0 million asset-based revolving credit facility and a $55.0 million term loan facility[16]. - The ABL Revolving Credit Facility was amended on November 25, 2024, increasing the revolving credit line to $220.0 million[17]. - The company issued $165 million in 5.500% Convertible Notes due March 15, 2030, with interest payable semi-annually starting March 15, 2025[88]. - The company has approximately $175.0 million of debt outstanding as of December 31, 2024, which could adversely affect operational and financial flexibility[93]. - Future interest payments under the ABL Revolving Credit Facilities and Convertible Notes are estimated at approximately $49.9 million[201]. Market Risks and Challenges - The company faces cyclical market risks that could lead to fluctuations in operating results due to economic conditions, including potential impacts from global health crises[54]. - The commercial airline industry is highly cyclical, with factors such as fuel price increases and passenger demand directly affecting the company's sales and profits[56]. - The company is dependent on government contracts, which are subject to annual congressional appropriations, making future funding levels unpredictable[60]. - The market for the company's Test Systems products is concentrated with a limited number of significant customers, which may impair growth opportunities[58]. - The company faces challenges including supply chain pressures, material availability, and labor costs, which could impact profitability[144]. Legal and Regulatory Issues - The company is currently involved in legal proceedings with Lufthansa Technik AG, with a judgment quantifying damages at $11.9 million related to patent infringement[103]. - The company is involved in legal proceedings related to patent infringement, with probable losses anticipated based on current rulings[129]. - Regulatory compliance costs may increase due to new or more stringent governmental regulations, impacting the company's financial condition[83]. - The company is subject to extensive regulation and audit by the Defense Contract Audit Agency, which could materially affect financial results if inaccuracies are found[112]. Cybersecurity and Intellectual Property - Cybersecurity threats pose significant risks, with potential impacts on sensitive information and overall business operations[66]. - The company has a cybersecurity strategy that includes annual security assessments and collaboration with industry-leading partners to enhance security measures[121]. - The company relies on intellectual property protections, and any failure to defend these rights could adversely affect its competitive position and financial condition[70]. Employee and Management - As of December 31, 2024, the company employed approximately 2,500 full-time employees, with about 2,000 in the U.S. and 500 outside the U.S.[39]. - The company recognizes the importance of retaining its management team and technical personnel, as their loss could adversely affect business operations[115]. Future Outlook - The company expects aircraft build rates to improve during 2025 and 2026, driven by increased production of the 737 MAX and A-320[156]. - The company plans to evaluate acquisition opportunities in the future, supported by cash flow from operations and available capacity under the ABL Revolving Credit Facility[210]. - The company expects annualized savings of approximately $4 million to $5 million from restructuring initiatives implemented in the fourth quarter of 2024, starting in the first quarter of 2025[195].