Astronics Shares Rally 47.2%, Trade at 2.76X P/S and 3.10 Current Ratio
Astronics shares rallied 47.2% over the past three months, outpacing the Aerospace-Defense Equipment industry's 15.8% gain. The stock trades at a forward 12-month price/sales ratio of 2.76X and maintains a current ratio of 3.10, reflecting strong liquidity.
1. Three-Month Performance
Astronics shares surged 47.2% over the past three months, significantly outperforming the 15.8% gain of the Aerospace-Defense Equipment industry and the Aerospace sector’s 13.2% increase.
2. Valuation Comparison
Astronics trades at a forward 12-month price/sales ratio of 2.76X, sitting well below peers such as Curtiss-Wright at 6.66X and the industry average of 12.48X.
3. Strong Liquidity
With a current ratio of 3.10, Astronics maintains ample liquidity to meet short-term obligations, comparable to Rocket Lab’s 3.18 but superior to Curtiss-Wright’s 1.44.
4. Profitability Ranking
Astronics is recognized among the top four Zacks-ranked defense-equipment stocks for its solid net profit margin, indicating efficient cost management and profitability.