$ATRO

KeyBanc initiated coverage on Astronics Corp. (ATRO) with a Sector Weight rating, citing balanced risk and reward. The firm noted strong aerospace growth trends but potential risks from fuel prices and demand normalization. Astronics trades at 14x 2026/2027 EV/EBITDA, with a P/E of 33.5 and EV/EBITDA of 19.4. The company reported Q2 earnings of $0.70 per share, beating estimates, and raised fiscal 2026 revenue guidance to $1.02B-$1.04B.

TD Cowen maintained a 'Buy' rating for Astronics (ATRO) but lowered its price target from $100 to $90. The stock is currently priced at $63.78, which GuruFocus deems 255.5% overvalued compared to its GF Value of $17.94. Astronics has a GF Score of 57/100, indicating moderate performance relative to peers. The company operates in aerospace, defense, and electronics sectors, with a market cap of $2.74 billion.

Astronics Corp (ATRO) shares fell 6.5% to $64.63, a 15.2% decline over the past month. GuruFocus estimates ATRO is 260.1% overvalued, with a GF Value of $17.95. Insiders sold $0.5M in shares over the past year. ATRO's P/E ratio is 34.2x, below its 5-year median of 52.5x. The GF Score of 57/100 indicates average performance.

Astronics Corp. (ATRO) reported $260M Q2 2026 revenue, up 27% YOY, with a record $780M backlog. Ducommun Inc. (DCO) saw Q2 revenue rise 12% YOY to $224.5M but guided to slower growth. Both companies are defense stocks with significant backlogs and recent stock performance trends.

Louis Navellier highlights three stocks to buy on dips: nVent Electric (NVT) for its $1.75B acquisition of Maverick Power, Astronics (ATRO) due to strong demand and record backlog, and Eurodry (EDRY) benefiting from elevated shipping rates. NVT expects the deal to boost revenue, ATRO reported 27% revenue growth and a 14.8% earnings surprise, while EDRY saw a 93.7% earnings surprise.

Astronics (ATRO) shares rose 3.8% in 3 months, outperforming its industry. The company benefits from commercial aerospace recovery and defense modernization, with Q2 2026 Aerospace sales up 22.6% YoY. ATRO's backlog reached $780.6M, with strong revenue visibility. Earnings estimates for 2026 and 2027 show significant growth. The stock trades at a discount to its industry.

Astronics (ATRO) director Robert S. Keane converted 76,000 Class B shares into common stock on August 25, 2026, through an indirectly owned entity. Keane also holds 13,934 common shares and 2,786 Class B shares directly, plus an indirect Class B position in a trust.

Astronics (ATRO) reported Q2 2026 revenue of $260.0M, up 27.0%, with adjusted EBITDA at $51.5M (19.8% of sales). Net income per share rose to $0.75. Record bookings ($306.2M) and backlog ($780.6M) were noted. Guidance for FY 2026 revenue was raised to $1.02B-$1.04B. Management highlighted growth in aerospace and test systems, along with U.S. Army contracts and debt reduction.

Astronics (ATRO) reported Q2 2026 revenue of $260.0M, up 27.0% YoY, with adjusted EBITDA at $51.5M (19.8% of sales). Net income per diluted share rose to $0.75. Total bookings hit a record $306.2M, and backlog reached $780.6M. The company raised FY 2026 revenue guidance to $1.02B-$1.04B. CEO Gundermann highlighted growth in aerospace and defense sectors, including U.S. Army contracts. Management also noted risks from GEO satellite transitions and tariffs.

Astronics (ATRO) reported Q2 revenue of $260M, up 27% year over year and above analysts’ $245.3M estimate, with adjusted EPS of $0.70 vs $0.61 and adjusted EBITDA of $51.55M. The company raised full-year revenue guidance to $1.03B midpoint and said record backlog was $780.6M. Margin rose to 14.8% from 7.1%.