How to Buy Astronics Stock
Astronics Corp
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally.
Astronics stock last closed at $16.00, down 0.74% from the previous day, and has increased 0% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0 percentage points. Astronics stock is currently +13.76% from its 52-week low of $14.07, and -28.7% from its 52-week high of $22.44.
There are currently 34.52M shares of ATRO outstanding. The market value of ATRO is $552.34M. In the last 24 hours, 108,333 ATRO shares were traded.
How to Buy Astronics Stock
Wondering how to invest in Astronics stock? Here's how.
- Choose where to buy Astronics stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Astronics stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your details.
- Analyze Astronics stock: The Astronics ticker symbol is ATRO. Is Astronics stock a good investment? Should you buy shares of ATRO? How do ATRO's underlying business fundamentals look? Do top analysts think Astronics is a good buy? Why has ATRO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ATRO is a good stock to buy).
- Execute your ATRO purchase: Decide if you will purchase ATRO shares at the current market price or use a limit order to buy ATRO shares at a given price.
- Keep tabs on your ATRO position: Create a watchlist to keep track of your investment in Astronics shares.
Step 1: Choose where to buy Astronics stock
You will need an online brokerage account in order to access the NASDAQ market and buy ATRO shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy ATRO stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on a good stock buying app, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your brokerage account.
Step 4: Analyze Astronics stock
After you have figured out the best place to buy Astronics stock, it's critical to analyze their stock prior to investing, so you truly comprehend the risk as well as the opportunity.
Astronics stock data
ATRO Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on ATRO's stock page.
Is ATRO stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ATRO's true value.
Using relative valuations measures:
- ATRO could be undervalued based on its P/B ratio of 2.21x, relative to Aerospace & Defense industry P/B ratio of 5.28x
You can do additional valuation analysis on ATRO's stock here.
A look at ATRO Cashflows and Balance Sheet
Pros:
- ATRO profit margin has gone up from -6.7% to -3.8% in the past year.
- There are more short-term assets than long-term liabilities on the ATRO balance sheet.
- ATRO has $11.31M in cash and short term investments. This is enough to cover its annual cash burn of $31.59M.
- There are more short-term assets than short-term liabilities on the ATRO balance sheet.
Cons:
- Total ATRO debt is higher than 5 years ago, relative to shareholder equity.
- ATRO has a relatively high debt to equity ratio of 1.54.
- ATRO has cash burn of 31593000. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy ATRO stock, according to analysts?
Out of 1 sell side analysts who give recommendations on ATRO, the consensus analyst rating on ATRO is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Astronics stock forecast page.
ATRO Technical Indicators
How is ATRO performing as a company?
Last year, ATRO revenue was $689.21M. Over the past 5 year, ATRO's revenue has gone up by -3.02% per year. This was slower than the Aerospace & Defense industry average of 7.71%.
Dive into ATRO's earnings and revenue performance here.
Are ATRO executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at ATRO have sold more shares than they have bought.
Michael C. Kuehn, Executive Vice President of ATRO, was the latest ATRO insider to sell. They sold $125,351.28 worth of ATRO stock on Mar 14, 2024.
Research more about who owns ATRO stock here.
Can I get consistent income from ATRO stock?
No, Astronics doesn't provide an income stream by paying out dividends.
What others are saying about ATRO
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your ATRO purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and your broker will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your ATRO position
Now that you own some ATRO stock, you'll want to stay up-to-date on your new investment.
Put ATRO on a watchlist to get the latest updates about your ATRO stock.
ATRO Feed
How to Buy Stock in Astronics
To reiterate, here are the 6 steps to buy stock in Astronics:
- Choose where to buy Astronics stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Astronics stock
- Execute your ATRO purchase
- Keep tabs on your ATRO position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Astronics, click the button below.
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