James Mulato - Astronics President of Astronics Test Systems, Inc.
| ATRO Stock | USD 16.28 0.24 1.50% |
President
Mr. James F. Mulato was the President of Astronics Test Systems, Inc. since its acquisition by the Company in 2014. Prior to acquisition, Mr. Mulato ran that business beginning in 2008 as CEO of EADS North America Defense Company and EADS North America Test Services, Inc. Prior to that, Mr. Mulato was an engineer with Lockheed Martin and held several executive leadership positions with the Airbus Group, including the EADS positions noted above since 2019.
| Age | 63 |
| Tenure | 5 years |
| Professional Marks | MBA |
| Address | 130 Commerce Way, East Aurora, NY, United States, 14052 |
| Phone | 716 805 1599 |
| Web | https://www.astronics.com |
James Mulato Latest Insider Activity
Tracking and analyzing the buying and selling activities of James Mulato against Astronics stock is an integral part of due diligence when investing in Astronics. James Mulato insider activity provides valuable insight into whether Astronics is net buyers or sellers over its current business cycle. Note, Astronics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Astronics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
James Mulato over two months ago Disposition of tradable shares by James Mulato of Astronics subject to Rule 16b-3 | ||
James Mulato over six months ago Acquisition by James Mulato of 156 shares of Astronics subject to Rule 16b-3 |
Astronics Management Efficiency
The company has return on total asset (ROA) of 0.0218 % which means that it generated a profit of $0.0218 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0266) %, meaning that it created substantial loss on money invested by shareholders. Astronics' management efficiency ratios could be used to measure how well Astronics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to grow to -0.01. At this time, Astronics' Fixed Asset Turnover is very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | -0.0266 | ||||
| Return On Asset | 0.0218 |
Astronics Leadership Team
Elected by the shareholders, the Astronics' board of directors comprises two types of representatives: Astronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Astronics. The board's role is to monitor Astronics' management team and ensure that shareholders' interests are well served. Astronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Astronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Peabody, Executive VP and President of Astronics Advanced Electronic Systems and President of Ballard Technology, Inc. | ||
| Nancy Hedges, Corporate Officer | ||
| Julie Davis, Secretary | ||
| Peter Gundermann, CEO and President Director and President of Luminescent Systems Inc | ||
| James Kramer, Executive VP and President of Luminescent Systems, Inc. | ||
| David Burney, CFO, Executive VP and Secretary | ||
| James Mulato, President of Astronics Test Systems, Inc. | ||
| Michael Kuehn, Executive Vice President |
Astronics Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Astronics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0266 | ||||
| Return On Asset | 0.0218 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 764.78 M | ||||
| Shares Outstanding | 29.69 M | ||||
| Shares Owned By Insiders | 2.14 % | ||||
| Shares Owned By Institutions | 73.49 % | ||||
| Number Of Shares Shorted | 357.3 K | ||||
| Price To Earning | 8.47 X |
Pair Trading with Astronics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astronics will appreciate offsetting losses from the drop in the long position's value.Moving together with Astronics Stock
| 0.68 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Astronics Stock
| 0.77 | ESLT | Elbit Systems | PairCorr |
| 0.72 | CAE | CAE Inc | PairCorr |
| 0.7 | ERJ | Embraer SA ADR | PairCorr |
| 0.67 | DRS | Leonardo DRS, Common | PairCorr |
| 0.59 | CW | Curtiss Wright | PairCorr |
The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astronics to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (0.16) | Revenue Per Share 22.48 | Quarterly Revenue Growth 0.25 | Return On Assets 0.0218 |
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astronics' market value can be influenced by many factors that don't directly affect Astronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.