Company Performance - Astronics Corporation (ATRO) has seen a significant stock increase of 14.3% over the past month, reaching a new 52-week high of $50, and has gained 213.2% since the start of the year [1] - The company has consistently outperformed earnings expectations, beating the Zacks Consensus Estimate in each of the last four quarters, with the latest EPS reported at $0.38 against a consensus of $0.33 [2] Financial Projections - For the current fiscal year, Astronics is projected to achieve earnings of $1.65 per share on revenues of $858.36 million, reflecting a 51.38% increase in EPS and a 7.91% increase in revenues [3] - The next fiscal year forecasts earnings of $2.27 per share on revenues of $936.03 million, indicating a year-over-year change of 37.58% in EPS and 9.05% in revenues [3] Valuation Metrics - Astronics has a Value Score of D, while its Growth and Momentum Scores are both B, resulting in a combined VGM Score of B [6] - The stock trades at 30.3X current fiscal year EPS estimates, below the peer industry average of 36.3X, and at 26.8X trailing cash flow compared to the peer group's average of 27.7X [7] Zacks Rank - Astronics holds a Zacks Rank of 1 (Strong Buy), supported by favorable earnings estimate revisions from analysts [8] - The company meets the criteria for investment selection, indicating potential for further gains [9] Industry Comparison - In comparison to industry peers, BWX Technologies, Inc. (BWXT) also shows strong performance with a Zacks Rank of 2 (Buy) and robust earnings expectations [10] - BWXT is expected to post earnings of $3.74 per share on revenues of $3.12 billion for the current fiscal year, with shares gaining 13.5% over the past month [11]
Astronics Corporation (ATRO) Hits Fresh High: Is There Still Room to Run?