Astronics Stock Surges 50% Year-to-Date, Hits $83.96 52-Week High
Astronics shares have surged 50% year-to-date and reached a new 52-week high of $83.96 after climbing 5.2% in the past month. The company has beaten EPS estimates in each of the last four quarters, most recently reporting $0.75 versus $0.63, and trades at 31.1X current-year EPS.
1. Recent Stock Performance
Astronics shares have climbed 5.2% over the past month and soared 50% since January, reaching a 52-week high of $83.96 in the latest session.
2. Consistent Earnings Surprises
The company has beaten consensus EPS estimates in each of the last four quarters, most recently reporting $0.75 per share versus expectations of $0.63.
3. Fiscal Year Earnings and Revenue Estimates
For the current fiscal year, Astronics is expected to earn $2.62 per share on $965 million in revenues, representing EPS growth of 30.4% and revenue growth of 11.9%; next year’s estimates call for $3.09 EPS on $1.02 billion in sales.
4. Valuation Metrics and Rating
Shares trade at 31.1 times current-year EPS versus a peer average of 37.6, with trailing cash flow at 28 times; the stock has a Value Score of D, Growth Score of A, Momentum Score of C (VGM B) and holds a Strong Buy rating on rising earnings forecasts.