Astronics Corporation (ATRO) is a Great Momentum Stock: Should You Buy?

Core Viewpoint - Astronics Corporation (ATRO) is identified as a strong momentum stock with a Zacks Rank of 1 (Strong Buy) and a Momentum Style Score of A, indicating potential for significant near-term price appreciation [3][11]. Company Performance - ATRO shares have increased by 9.14% over the past week, outperforming the Zacks Aerospace - Defense Equipment industry, which rose by 4.95% during the same period [5]. - Over the last month, ATRO's stock price has changed by 21.06%, compared to the industry's performance of 11.82% [5]. - In the past quarter, ATRO shares have surged by 43.51%, and over the last year, they have gained 44.28%, while the S&P 500 has seen declines of -5.75% and gains of 10.63%, respectively [6]. Trading Volume - The average 20-day trading volume for ATRO is 482,265 shares, which serves as a bullish indicator when combined with rising stock prices [7]. Earnings Outlook - In the last two months, one earnings estimate for ATRO has been revised upward, while none have been lowered, leading to an increase in the consensus estimate from $1.29 to $1.50 [9]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions noted [9].