Does Rising Book-to-Bill Ratio Aid Astronics Stock's Revenue Momentum?

Key Takeaways ATRO's Q1 2025 bookings jumped 37%, pushing its book-to-bill ratio up to 1.36X from 1.10X in Q4 2024. Astronics has posted year-over-year sales growth in four straight quarters. ATRO shares are up 109.6% YTD, and its earnings estimates for 2025 and 2026 have trended higher. For defense contractors like Astronics Corporation (ATRO) , rising order volumes and subsequent improvement in the book-to-bill ratio potentially lay the groundwork for the company’s revenue acceleration in the coming qua ...