Astronics Corporation (ATRO)
Astronics Corporation operates in the Aerospace & Defense industry of the Industrials sector, headquartered in East Aurora, NY, US. The stock last traded at $87.38, up 16.65% on the session, giving a market capitalisation of $3.36B. On trailing twelve-month figures it carries a trailing P/E of 42.83, a net margin of 8.4%. Its beta of 1.20 implies it has historically moved more than the broad market.
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. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, systems certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial transport, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, communications, and mass transit industries, as well as training and simulation devices for commercial and military applications. This segment serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.
Astronics Corporation is most often compared with the following Industrials names: