Here is how Astronics Corporation (ATRO) and Bae Systems PLC (BAESY) have performed compared to their sector so far this year.
Does Astronics Corporation (ATRO) have what it takes to be a top stock pick for momentum investors? Let's find out.
ATRO outpaces DCO with solid contract wins, strong commercial growth, and better ROE despite trading at a premium.
Astronics Corporation's NASDAQ: ATRO stock price is up 100% year-to-date (YTD) as of the end of May and is heading higher for two reasons. Its business is good, and legacy issues are quickly fading.
Here is how Astronics Corporation (ATRO) and Bae Systems PLC (BAESY) have performed compared to their sector so far this year.
Investors interested in ATRO may add this stock to their portfolio, considering its discounted valuation and upbeat near-term estimates.
Astronics Corporation has shown significant revenue and margin improvements, with shares rising nearly 50% since August, driven by strong aerospace segment performance. After a $150 million convertible note issue with unfavorable terms, Astronics reported robust Q1 2025 results, boosting investor confidence. The company's operating profits and potential for higher margins suggest further upside, but risks include convertible debt dilution and a lawsuit by Teradyne.
Astronics (ATRO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Astronics (ATRO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Does Astronics Corporation (ATRO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Stocks like TGI, HRTG, ATRO and DB are seeing price strength and have a high chance of carrying the momentum forward.
Astronics Corporation (NASDAQ:ATRO ) Q1 2025 Earnings Call May 6, 2025 4:45 PM ET Company Participants Deborah Pawlowski - Investor Relations Pete Gundermann - Chairman, President and Chief Executive Officer Nancy Hedges - Chief Financial Officer Conference Call Participants Sam Struhsaker - Truist Securities Operator Greetings, and welcome to the Astronics Corporation First Quarter Fiscal Year 2025 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.