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Added to YB: 2026-08-14

Pitch date: 2026-08-11

ATRO [bullish]

Astronics Corporation

+9.96%

current return

Author Info

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Company Info

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally.

Market Cap

$3.8B

Pitch Price

$84.22

Price Target

N/A

Dividend

N/A

EV/EBITDA

25.26

P/E

47.78

EV/Sales

4.38

Sector

Aerospace and Defense

Category

growth

Show full summary:
Long Thesis: Aerospace & Defense Electronics - $ATRO

ATRO: Aerospace/defense electronics play w/ 80%+ share in commercial in-seat power (EmPower). Record $734M backlog, 1.26 book-to-bill, guiding ~$1B rev (14% growth). Aero op margins expanding to 17-18%, EBITDA margin >16%. Sept 2025 refi cut interest 25%. Fair, not cheap at ~18x fwd EV/EBITDA.

Read full article (4 min)