Astronics (ATRO) Moves 16.2% Higher: Will This Strength Last?

Group 1 - Astronics Corporation (ATRO) shares increased by 16.2% to close at $36.11, following a recent upgrade from Truist Securities, which raised its rating from Hold to Buy and increased the price target from $32.00 to $49.00 [1] - The company is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 725%, with revenues projected at $207.09 million, up 4.5% from the previous year [2] - The consensus EPS estimate for Astronics has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Group 2 - Astronics is part of the Zacks Aerospace - Defense Equipment industry, where TAT Technologies Ltd. (TATT) also operates, finishing the last trading session down 1.3% at $29.82, but has returned 16.4% over the past month [3] - TAT Technologies' consensus EPS estimate for the upcoming report is $0.29, representing a year-over-year change of 16%, with its Zacks Rank also at 3 (Hold) [4]