Robert Keane's recent sale at the current price of US$18.15 is neither a major concern nor a good sign. The absence of insider buying over the last year and recent selling could be a warning for potential investors.
CEO Peter J. Gundermann is optimistic for 2024, anticipating solid growth driven by a $595 million opening backlog. He also highlighted supply chain and workforce improvements, and the company's return to its operating rhythm.
Despite Astronics' strong revenue growth and positive future forecasts, its P/S ratio is surprisingly low, indicating investor skepticism about the company's ability to meet growth expectations. The market may be predicting revenue instability.
$Astronics (ATRO.US)$Astronics' Oct 30th earning were a bit off 8% On the exact same day they got a 20 million dollar contract for robotic disinfectant equipment. No way Xenex didn't know Astronics financials when they placed the order. This stock. let me say, this company is solid. My prediction is $15 by EOM w/ great financials in the quarters to come. MY PREDICTION: Bullish
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Astronics Stock Forum
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On the exact same day they got a 20 million dollar contract for robotic disinfectant equipment. No way Xenex didn't know Astronics financials when they placed the order. This stock. let me say, this company is solid. My prediction is $15 by EOM w/ great financials in the quarters to come.
MY PREDICTION: Bullish
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