Added to YB: 2025-05-28
Pitch date: 2025-05-26
ALOT [neutral]
AstroNova, Inc.
-11.15%
current return
Author Info
Company Info
AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Canada, Asia, Central and South America, and internationally.
Market Cap
$67.0M
Pitch Price
$9.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.21
P/E
-3.90
EV/Sales
0.72
Sector
Technology Hardware, Storage and Peripherals
Category
special_situation
More bad boards and awful deals $ALOT
ALOT (overview): Activism by 10% owner Askeladden vs board that approved disastrous MTEX acquisition (~$21M deal, $13M+ written off <1yr later = 10% of market cap destroyed). Poor governance, weak long-term performance, yet directors asking shareholders to maintain status quo. Classic example of entrenched board unwilling to accept accountability.
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