Astronics Corporation Common Stock (ATRO)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at Astronics, a $2.9 billion aerospace and defense supplier trading at $63.11 as of 2026-10-13. The business has the look of a turnaround: in fiscal 2024, the year ended 2024-12-31, it reported revenue of $795.4 million and a net loss of $16.2 million. In fiscal 2025, the year ended 2025-12-31, revenue rose to $862.1 million and net income was $29.4 million. The latest filings show fiscal Q2 2026, the quarter ended 2026-07-04, with revenue of $260.0 million and net income of $35.1 million. That is real improvement, and a Piotroski F-Score of 8/9 from FairStock supports the idea that financials are strengthening. However, I am a cautious value investor. The FairStock P/E is 34.49, P/B is 13.69, and the Graham Number is $13.78, giving a negative margin of safety of -357.98% against the 2026-10-13 close. The company also carries a D/E of 1.78 and a FCF yield of just 2.1%. ROE is 33.68%, but ROCE is only 11.16%, suggesting leverage is flattering returns. A moat is not obvious from the numbers; aerospace certifications and switching costs may help, but competition is real. The Lynch category is TURNAROUND, and that fits. Growth is promising, but the price already assumes a lot. I would want a wider margin of safety before calling this a bargain.

In plain English: Astronics makes parts and systems for airplanes, defense, and electronics. It lost money a few years ago but has recently turned profitable, and sales are growing. However, the stock price looks high compared with its profits and the value of its assets, so it may be priced for a lot of future success.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-07-04) · fiscal Q1 2026 10-Q (period ended 2026-04-04) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-09-27) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer