ATRO benefits from commercial aerospace recovery and defense demand, with record backlog, strong earnings growth and a discounted valuation.
Does Astronics Corporation (ATRO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Astronics is a buy, supported by strong Q2 results, record bookings, and expanding margins in specialized aerospace niches. ATRO delivered 27% YoY revenue growth, record net income, and raised full-year guidance to $1.02–$1.04 billion, with margins rising sharply. A record backlog of $780.6 million, with 82% expected to convert to revenue within 12 months, underpins near-term growth and profit expansion.
| Aerospace & Defense Industry | Industrials Sector | Peter J. Gundermann CEO | XDUS Exchange | US0464331083 ISIN |
| US Country | 2,700 Employees | 25 Oct 2012 Last Dividend | 15 Jun 2026 Last Split | - IPO Date |
Astronics Corporation, a prominent designer and manufacturer, serves the aerospace, defense, and electronics industries across a global footprint including the United States, North America, Asia, Europe, South America, and other international locales. Structured into two primary segments—Aerospace and Test Systems—the company dedicates itself to the creation of innovative products tailored to each market's needs. With a history that dates back to 1968, Astronics has cemented its reputation from its headquarters in East Aurora, New York, by consistently providing advanced technological solutions to a broad range of clients, from airframe manufacturers and suppliers to defense contractors and aircraft operators.
Astronics Corporation offers a wide array of products and services designed to meet the diverse requirements of the aerospace, defense, and electronics industries: