Astronics (ATROB) vs. Its Peers Critical Survey

Astronics (OTCMKTS:ATROB) is one of 229 publicly-traded companies in the “Aerospace & Defense” industry, but how does it contrast to its competitors? We will compare Astronics to similar companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, dividends, valuation and risk.

Institutional and Insider Ownership

49.5% of shares of all “Aerospace & Defense” companies are held by institutional investors. 16.0% of Astronics shares are held by insiders. Comparatively, 11.9% of shares of all “Aerospace & Defense” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Astronics and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Astronics	8.40%	67.69%	14.23%
Astronics Competitors	-286.73%	-47.03%	-4.24%

Earnings and Valuation

This table compares Astronics and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Astronics	$862.13 million	$29.36 million	32.47
Astronics Competitors	$8.33 billion	$569.54 million	23.70

Astronics’ competitors have higher revenue and earnings than Astronics. Astronics is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Volatility and Risk

Astronics has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500. Comparatively, Astronics’ competitors have a beta of 1.31, suggesting that their average share price is 31% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for Astronics and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Astronics	0	1	0	0	2.00
Astronics Competitors	2156	8256	12756	579	2.50

As a group, “Aerospace & Defense” companies have a potential upside of 32.60%. Given Astronics’ competitors stronger consensus rating and higher possible upside, analysts clearly believe Astronics has less favorable growth aspects than its competitors.

Summary

Astronics competitors beat Astronics on 7 of the 13 factors compared.

Astronics Company Profile

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. The company 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, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, 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, and mass transit industries, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. Astronics Corporation was incorporated in 1968 and is headquartered in East Aurora, New York.