Alert: Major Price Decline (11/9/23)-Astronics Corp (NASDAQ: ATRO).


Astronics Corp (NASDAQ: ATRO) stock closed at $14.33 on 11/9/23 after a major decline of -13.4%. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.2% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ATRO is expected to be a Value Builder.

Astronics has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Astronics has a poor Appreciation Score of 17 but a very high Power Rating of 87, producing the Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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