What Makes Astronics Corporation (ATRO) a Strong Momentum Stock: Buy Now?

24.03.25 17:00 Uhr

Werte in diesem Artikel
Aktien

22,00 EUR -1,00 EUR -4,35%

Indizes

17.323,0 PKT -481,0 PKT -2,70%

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Astronics Corporation (ATRO), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Astronics Corporation currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for ATRO that show why this company shows promise as a solid momentum pick.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.For ATRO, shares are up 1.31% over the past week while the Zacks Aerospace - Defense Equipment industry is up 0.63% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 25.5% compares favorably with the industry's 1.98% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Astronics Corporation have increased 58.14% over the past quarter, and have gained 37.7% in the last year. On the other hand, the S&P 500 has only moved -4.21% and 9.79%, respectively.Investors should also pay attention to ATRO's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ATRO is currently averaging 728,410 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ATRO.Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost ATRO's consensus estimate, increasing from $1.10 to $1.29 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that ATRO is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Astronics Corporation on your short list.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Astronics Corporation (ATRO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

In eigener Sache

Übrigens: Astronics und andere US-Aktien sind bei finanzen.net ZERO sogar bis 23 Uhr handelbar (ohne Ordergebühren, zzgl. Spreads). Jetzt kostenlos Depot eröffnen und als Geschenk eine Gratisaktie erhalten.

Ausgewählte Hebelprodukte auf Astronics

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Astronics

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Quelle: Zacks

Nachrichten zu Astronics Corp.

Wer­bung

Analysen zu Astronics Corp.

DatumRatingAnalyst
06.08.2019Astronics BuyDougherty & Company LLC
10.05.2018Astronics HoldCanaccord Adams
27.02.2018Astronics BuyCanaccord Adams
04.12.2017Astronics BuyDougherty & Company LLC
08.11.2017Astronics BuyDougherty & Company LLC
DatumRatingAnalyst
06.08.2019Astronics BuyDougherty & Company LLC
27.02.2018Astronics BuyCanaccord Adams
04.12.2017Astronics BuyDougherty & Company LLC
08.11.2017Astronics BuyDougherty & Company LLC
05.05.2016Astronics BuyDougherty & Company LLC
DatumRatingAnalyst
10.05.2018Astronics HoldCanaccord Adams
19.01.2017Astronics HoldSunTrust
DatumRatingAnalyst

Keine Analysen im Zeitraum eines Jahres in dieser Kategorie verfügbar.

Eventuell finden Sie Nachrichten die älter als ein Jahr sind im Archiv

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Astronics Corp. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen