Astronics (NASDAQ:ATRO) Trading Up 5.6% – Still a Buy?

Posted by Francis Steltz on May 20th, 2026

Astronics Corporation (NASDAQ:ATRO – Get Free Report)’s stock price was up 5.6% during trading on Wednesday . The stock traded as high as $85.25 and last traded at $83.8470. Approximately 91,153 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 650,981 shares. The stock had previously closed at $79.38.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ATRO shares. Zacks Research cut Astronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Wall Street Zen raised Astronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Truist Financial raised Astronics to a “strong-buy” rating in a report on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Astronics in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $77.33.

Check Out Our Latest Stock Report on Astronics

Astronics Stock Up 6.2%

The company has a debt-to-equity ratio of 2.07, a current ratio of 2.97 and a quick ratio of 1.63. The business’s 50 day simple moving average is $72.43 and its 200 day simple moving average is $66.29. The company has a market capitalization of $3.01 billion, a PE ratio of 71.63 and a beta of 1.10.

Astronics (NASDAQ:ATRO – Get Free Report) last issued its earnings results on Tuesday, May 12th. The aerospace company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Astronics had a net margin of 5.12% and a return on equity of 49.34%. The company had revenue of $230.62 million for the quarter, compared to the consensus estimate of $225.52 million. During the same period in the previous year, the firm earned $0.44 earnings per share. Astronics’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, analysts anticipate that Astronics Corporation will post 2.65 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Astronics

Large investors have recently modified their holdings of the business. Allworth Financial LP lifted its stake in shares of Astronics by 57.1% in the 4th quarter. Allworth Financial LP now owns 528 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 192 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of Astronics by 877.2% during the 1st quarter. Fifth Third Bancorp now owns 557 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 500 shares during the period. IFP Advisors Inc boosted its position in shares of Astronics by 389.6% during 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 during the period. Quarry LP boosted its position in shares of Astronics by 33.6% during the 4th quarter. Quarry LP now owns 568 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 143 shares during the period. Finally, Leonteq Securities AG purchased a new position in shares of Astronics during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 56.68% of the company’s stock.

Astronics Company Profile

(Get Free Report)

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.