Astronics (ATRO) Reaches $47.35 After 7.00% Up Move; Last Week Celestica Inc. (TSE:CLS) Analysts

January 14, 2018 - By Marguerite Chambers

The stock of Astronics Corporation (NASDAQ:ATRO) is a huge mover today! The stock increased 15.57% or $6.38 during the last trading session, reaching $47.35. About 566,056 shares traded or 279.19% up from the average. Astronics Corporation (NASDAQ:ATRO) has risen 1.41% since January 14, 2017 and is uptrending. It has underperformed by 15.29% the S&P500.The move comes after 5 months positive chart setup for the $1.33 billion company. It was reported on Jan, 14 by Barchart.com. We have $50.66 PT which if reached, will make NASDAQ:ATRO worth $92.82M more.

Among 4 analysts covering Celestica Inc. (TSE:CLS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Celestica Inc. had 18 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, January 27. TD Securities maintained Celestica Inc. (TSE:CLS) on Friday, April 21 with “Hold” rating. TD Securities maintained it with “Hold” rating and $11.50 target in Monday, January 23 report. The firm has “Market Perform” rating given on Friday, January 27 by BMO Capital Markets. The rating was maintained by Scotia Capital on Friday, April 21 with “Sector Perform”. The company was maintained on Friday, October 27 by BMO Capital Markets. Scotia Capital maintained it with “Sector Perform” rating and $12 target in Friday, January 20 report. BMO Capital Markets maintained the stock with “Market Perform” rating in Friday, April 21 report. See Celestica Inc. (TSE:CLS) latest ratings:

27/10/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $12.50 Maintain
27/10/2017 Broker: RBC Capital Markets Rating: Sector Perform New Target: $16.50 Target Down
27/10/2017 Broker: TD Securities Rating: Hold New Target: $14.75 Target Down
26/07/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $14.50 Target

Among 6 analysts covering Astronics Corporation (NASDAQ:ATRO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Astronics Corporation had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by KeyBanc Capital Markets on Thursday, February 18 to “Overweight”. The firm has “Overweight” rating by KeyBanc Capital Markets given on Wednesday, June 29. The stock of Astronics Corporation (NASDAQ:ATRO) has “Buy” rating given on Monday, December 11 by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, August 16. As per Thursday, August 27, the company rating was initiated by CL King. The company was maintained on Thursday, August 3 by Canaccord Genuity. On Monday, September 26 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was initiated by SunTrust on Thursday, January 19 with “Hold”. The rating was initiated by Suntrust Robinson with “Hold” on Thursday, January 19. The stock of Astronics Corporation (NASDAQ:ATRO) earned “Buy” rating by Canaccord Genuity on Wednesday, September 27.

Astronics Corporation, through its subsidiaries, creates and makes products for the aerospace, defense, electronics, and semiconductor industries worldwide. The company has market cap of $1.33 billion. It operates in two divisions, Aerospace and Test Systems. It has a 40.16 P/E ratio. The Aerospace segment offers lighting and safety systems; electrical power generation, distribution, and motions systems; aircraft structures; avionics products; and system certification and other products.

Analysts await Astronics Corporation (NASDAQ:ATRO) to report earnings on February, 16. They expect $0.44 earnings per share, up 33.33% or $0.11 from last year’s $0.33 per share. ATRO’s profit will be $12.32M for 26.90 P/E if the $0.44 EPS becomes a reality. After $0.21 actual earnings per share reported by Astronics Corporation for the previous quarter, Wall Street now forecasts 109.52% EPS growth.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.50, from 1.46 in 2017Q2. It dived, as 16 investors sold Astronics Corporation shares while 32 reduced holdings. 16 funds opened positions while 30 raised stakes. 18.18 million shares or 2.65% less from 18.67 million shares in 2017Q2 were reported. Prelude Ltd stated it has 0.01% in Astronics Corporation (NASDAQ:ATRO). Jacobs Levy Equity Management Incorporated reported 0.08% in Astronics Corporation (NASDAQ:ATRO). California Employees Retirement Systems holds 17,900 shares. Gsa Prns Llp, United Kingdom-based fund reported 54,639 shares. 407,829 were accumulated by International Value Advisers Limited Com. Royal Retail Bank Of Canada has invested 0.02% of its portfolio in Astronics Corporation (NASDAQ:ATRO). 12,571 were accumulated by Stoneridge Inv Partners Lc. 119,223 were accumulated by Kennedy Capital Mgmt. California State Teachers Retirement invested 0% in Astronics Corporation (NASDAQ:ATRO). Teton Advisors has 13,500 shares. Metropolitan Life Insur Communications New York, a New York-based fund reported 15,054 shares. Sei Invests holds 0.03% of its portfolio in Astronics Corporation (NASDAQ:ATRO) for 145,833 shares. Franklin holds 0.02% or 1.19 million shares in its portfolio. Alliancebernstein Ltd Partnership invested in 22,160 shares. Zwj Invest Counsel invested in 0.29% or 126,791 shares.

The stock increased 0.29% or $0.04 during the last trading session, reaching $13.84. About 181,354 shares traded. Celestica Inc. (TSE:CLS) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Celestica Inc. provides supply chain solutions in Canada and internationally. The company has market cap of $1.98 billion. The firm offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, and after-market repair and return services. It has a 17.97 P/E ratio. The Company’s services and products are used in various applications, such as servers, networking and telecommunications equipment, storage systems, optical equipment, aerospace and defense electronics, healthcare products and applications, semiconductor equipment, and industrial and alternative energy products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>