astronics helps keep people safe, comfortable, and connected every day through innovative technologies that run mission-critical systems. our experts work side-by-side with customers to solve challenges with creative, integrated solutions engineered from our array of power, connectivity, lighting, structures, interiors, test, and additional technologies. if you’ve flown on a plane, used a smart phone, or been involved in defense systems, you’ve experienced the innovation of astronics. what can we work on with you? learn more at www.astronics.com. subsidiaries astronics advanced electronic systems astronics aerosat astronics ballard technology astronics connectivity systems and certification astronics custom control concepts astronics dme astronics luminescent systems astronics max-viz astronics peco astronics pga astronics test systems
![Astronics logo](/files/LOGO/8063-ATRO.png)
Company profile
Ticker
ATRO, ATROB
Exchange
Website
CEO
Peter Gundermann
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Astronics Test Systems Inc. • Astronics DME LLC • Astronics AeroSat Corporation • Luminescent Systems, Inc. • Astronics Air LLC • Peco, Inc. • Astronics Advanced Electronic Systems Corp. • Luminescent Systems Europe • Luminescent Systems Canada Inc. • PGA Electronic s.a. ...
IRS number
160959303
ATRO stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
11 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
8 May 24
10-Q
2024 Q1
Quarterly report
6 May 24
8-K
Astronics Corporation Reports 2024 First Quarter Financial Results
2 May 24
8-K
Entry into a Material Definitive Agreement
1 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
SD
Conflict minerals disclosure
21 Mar 24
10-K
2023 FY
Annual report
4 Mar 24
Transcripts
ATRO
Earnings call transcript
2024 Q1
2 May 24
ATRO
Earnings call transcript
2023 Q4
28 Feb 24
ATRO
Earnings call transcript
2023 Q3
8 Nov 23
ATRO
Earnings call transcript
2023 Q2
3 Aug 23
ATRO
Earnings call transcript
2023 Q2
3 Aug 23
ATRO
Earnings call transcript
2023 Q1
9 May 23
ATRO
Earnings call transcript
2022 Q4
2 Mar 23
ATRO
Earnings call transcript
2022 Q3
16 Nov 22
ATRO
Earnings call transcript
2022 Q2
11 Aug 22
ATRO
Earnings call transcript
2022 Q1
6 May 22
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jul 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.61 mm | 6.61 mm | 6.61 mm | 6.61 mm | 6.61 mm | 6.61 mm |
Cash burn (monthly) | 1.57 mm | (no burn) | 1.51 mm | 1.79 mm | (no burn) | 227.67 k |
Cash used (since last report) | 6.11 mm | n/a | 5.89 mm | 6.98 mm | n/a | 887.72 k |
Cash remaining | 497.32 k | n/a | 723.47 k | -365.39 k | n/a | 5.72 mm |
Runway (months of cash) | 0.3 | n/a | 0.5 | -0.2 | n/a | 25.1 |
Institutional ownership, Q1 2024
67.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 126 |
Opened positions | 53 |
Closed positions | 9 |
Increased positions | 25 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 345.86 bn |
Total shares | 19.56 mm |
Total puts | 1.70 k |
Total calls | 48.10 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Next Century Growth Investors | 2.23 mm | $42.47 bn |
BLK Blackrock | 1.97 mm | $37.43 bn |
ACK Asset Management | 1.68 mm | $31.89 bn |
325 Capital | 1.64 mm | $31.15 bn |
Vanguard | 1.45 mm | $27.57 bn |
STT State Street | 1.13 mm | $21.61 bn |
Royce & Associates | 1.01 mm | $19.18 bn |
Dimensional Fund Advisors | 848.50 k | $16.16 bn |
Geode Capital Management | 634.28 k | $12.08 bn |
Schonfeld Strategic Advisors | 598.19 k | $11.39 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 May 24 | David C Burney | $.01 PV Com Stk | Other | Acquire J | No | No | 18.89 | 157.251 | 2.97 k | 59,732.672 |
13 May 24 | James S Kramer | $.01 PV Com Stk | Other | Acquire J | No | No | 18.89 | 129.557 | 2.45 k | 35,367.433 |
13 May 24 | Peter J Gundermann | $.01 PV Com Stk | Other | Acquire J | No | No | 18.89 | 252.634 | 4.77 k | 74,983.608 |
13 May 24 | Mark Peabody | $.01 PV Com Stk | Other | Acquire J | No | No | 18.89 | 194.915 | 3.68 k | 44,887.851 |
13 May 24 | James Mulato | $.01 PV Com Stk | Other | Acquire J | No | No | 18.89 | 165.078 | 3.12 k | 34,592.822 |
10 May 24 | David C Burney | $.01 PV Com Stk | Payment of exercise | Dispose F | No | No | 0 | 98 | 0.00 | 59,575.421 |
10 May 24 | David C Burney | $.01 PV Com Stk | Grant | Acquire A | No | No | 0 | 272 | 0.00 | 59,673.421 |
10 May 24 | James S Kramer | $.01 PV Com Stk | Payment of exercise | Dispose F | No | No | 0 | 81 | 0.00 | 35,237.876 |
10 May 24 | James S Kramer | $.01 PV Com Stk | Grant | Acquire A | No | No | 0 | 224 | 0.00 | 35,318.876 |
10 May 24 | Peter J Gundermann | $.01 PV Com Stk | Payment of exercise | Dispose F | No | No | 0 | 107 | 0.00 | 74,730.974 |
News
Truist Securities Maintains Hold on Astronics, Raises Price Target to $20
17 Jul 24
Astronics Amends, Expands Revolving Line Of Credit And Refinanced Its Term Loan
11 Jul 24
Astronics Wins $215M Contract For U.S. Army Radio Test Set TS-4549/T
17 Jun 24
Reported Monday, Astronics' EmPower UltraLite G2 USB Power System To Be Installed On 650 Aircraft By End Of Year
28 May 24
Astronics Awarded Contracts From Multiple Customers Valued Up To $75M For Dual-Modem Modem Manager Units
24 May 24
Press releases
Astronics Corporation Announces Second Quarter 2024 Financial Results Conference Call and Webcast
18 Jul 24
Astronics Corporation Refinances Debt with Expanded Revolver and Lower Cost Term Loan
11 Jul 24
Astronics Awarded Contract for U.S. Army Radio Test Set TS-4549/T Valued at Approximately $215 Million
17 Jun 24
Astronics' Newest EmPower® UltraLite G2 USB Power System to Be Installed on 650 Aircraft by End of Year
27 May 24
Astronics Awarded Contracts Valued up to $75 Million for Dual-Modem Modem Manager Units
24 May 24