Is AstroNova Stock a Good Investment?
AstroNova Investment Advice | ALOT |
- Examine AstroNova's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research AstroNova's leadership team and their track record. Good management can help AstroNova navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact AstroNova's business and its evolving consumer preferences.
- Compare AstroNova's performance and market position to its competitors. Analyze how AstroNova is positioned in terms of product offerings, innovation, and market share.
- Check if AstroNova pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about AstroNova's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in AstroNova stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if AstroNova is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine AstroNova Stock
Researching AstroNova's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 50.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.91. Some equities with similar Price to Book (P/B) outperform the market in the long run. AstroNova last dividend was issued on the 25th of March 2020. The entity had 5:4 split on the 3rd of July 2006.
To determine if AstroNova is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding AstroNova's research are outlined below:
| AstroNova generated a negative expected return over the last 90 days | |
| AstroNova is unlikely to experience financial distress in the next 2 years | |
| AstroNova has a strong financial position based on the latest SEC filings | |
| Latest headline from finance.yahoo.com: Atai Capital Managements Updates on AstroNova |
AstroNova Quarterly Gross Profit |
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AstroNova uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in AstroNova. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to AstroNova's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
AstroNova Analyst Ratings
AstroNova's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about AstroNova stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of AstroNova's financials, market performance, and future outlook by experienced professionals. AstroNova's historical ratings below, therefore, can serve as a valuable tool for investors.Know AstroNova's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as AstroNova is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AstroNova backward and forwards among themselves. AstroNova's institutional investor refers to the entity that pools money to purchase AstroNova's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-12-31 | 65.4 K | Mml Investors Services Inc | 2024-12-31 | 43.2 K | Bridgeway Capital Management, Llc | 2024-12-31 | 39.3 K | Susquehanna International Group, Llp | 2024-12-31 | 33.5 K | Neuberger Berman Group Llc | 2024-12-31 | 33.1 K | Qube Research & Technologies | 2024-12-31 | 21.6 K | State Street Corp | 2024-12-31 | 20.7 K | Marquette Asset Management Inc. | 2024-12-31 | 18.9 K | Royal Bank Of Canada | 2024-12-31 | 17.7 K | Juniper Investment Co, Llc | 2024-12-31 | 535.2 K | Dimensional Fund Advisors, Inc. | 2024-12-31 | 501.8 K |
AstroNova's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 109.35 M.Market Cap |
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AstroNova's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.07 | |
| Return On Capital Employed | 0.10 | 0.08 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.06 | 0.09 |
Determining AstroNova's profitability involves analyzing its financial statements and using various financial metrics to determine if AstroNova is a good buy. For example, gross profit margin measures AstroNova's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of AstroNova's profitability and make more informed investment decisions.
AstroNova's Earnings Breakdown by Geography
Please note, the imprecision that can be found in AstroNova's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of AstroNova. Check AstroNova's Beneish M Score to see the likelihood of AstroNova's management manipulating its earnings.
Evaluate AstroNova's management efficiency
AstroNova has return on total asset (ROA) of 0.045 % which means that it generated a profit of $0.045 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0719 %, meaning that it created $0.0719 on every $100 dollars invested by stockholders. AstroNova's management efficiency ratios could be used to measure how well AstroNova manages its routine affairs as well as how well it operates its assets and liabilities. At this time, AstroNova's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.06 in 2025, whereas Return On Capital Employed is likely to drop 0.08 in 2025. At this time, AstroNova's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 160.9 M in 2025, whereas Non Current Liabilities Other is likely to drop slightly above 2.3 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.96 | 11.51 | |
| Tangible Book Value Per Share | 6.90 | 4.17 | |
| Enterprise Value Over EBITDA | 13.11 | 19.59 | |
| Price Book Value Ratio | 1.67 | 1.64 | |
| Enterprise Value Multiple | 13.11 | 19.59 | |
| Price Fair Value | 1.67 | 1.64 | |
| Enterprise Value | 76.3 M | 80.1 M |
The management team at AstroNova has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 0.56 |
Basic technical analysis of AstroNova Stock
As of the 25th of February, AstroNova shows the Mean Deviation of 2.25, standard deviation of 2.84, and Risk Adjusted Performance of (0.08). AstroNova technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.AstroNova's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific AstroNova insiders, such as employees or executives, is commonly permitted as long as it does not rely on AstroNova's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases AstroNova insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
AstroNova's Outstanding Corporate Bonds
AstroNova issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AstroNova uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AstroNova bonds can be classified according to their maturity, which is the date when AstroNova has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| ASTRAZENECA PLC 645 Corp BondUS046353AD01 | View | |
| ASTRAZENECA PLC 3375 Corp BondUS046353AL27 | View | |
| ASTRAZENECA PLC 4375 Corp BondUS046353AM00 | View | |
| ASTRAZENECA PLC 4 Corp BondUS046353AG32 | View | |
| ASTRAZENECA PLC 4 Corp BondUS046353AT52 | View | |
| ASTRAZENECA PLC 4375 Corp BondUS046353AU26 | View | |
| ASTRAZENECA PLC 3125 Corp BondUS046353AN82 | View | |
| ASTRAZENECA PLC Corp BondUS046353AV09 | View |
Understand AstroNova's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing AstroNova's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.36) | |||
| Mean Deviation | 2.25 | |||
| Coefficient Of Variation | (872.71) | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.04 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.37) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 4.43 | |||
| Skewness | 0.2894 | |||
| Kurtosis | (0.19) |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.36) | |||
| Mean Deviation | 2.25 | |||
| Coefficient Of Variation | (872.71) | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.04 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.37) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 4.43 | |||
| Skewness | 0.2894 | |||
| Kurtosis | (0.19) |
Consider AstroNova's intraday indicators
AstroNova intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of AstroNova stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 910.52 | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 10.88 | |||
| Day Typical Price | 10.82 | |||
| Price Action Indicator | (0.35) | |||
| Period Momentum Indicator | (0.37) | |||
| Relative Strength Index | 47.54 |
AstroNova Corporate Filings
| 14th of February 2025 Other Reports | ViewVerify | |
F4 | 30th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 12th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 15th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
AstroNova Stock media impact
Far too much social signal, news, headlines, and media speculation about AstroNova that are available to investors today. That information is available publicly through AstroNova media outlets and privately through word of mouth or via AstroNova internal channels. However, regardless of the origin, that massive amount of AstroNova data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of AstroNova news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of AstroNova relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to AstroNova's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive AstroNova alpha.
AstroNova Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards AstroNova can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
AstroNova Corporate Management
| Thomas DeByle | Treasurer VP | Profile | |
| Thomas CPA | Treasurer VP | Profile | |
| Peter Rosenblum | Secretary | Profile | |
| Matthew Cook | Vice Development | Profile | |
| Daniel Clevenger | Secretary | Profile |
Already Invested in AstroNova?
The danger of trading AstroNova is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AstroNova is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AstroNova. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AstroNova is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for AstroNova Stock Analysis
When running AstroNova's price analysis, check to measure AstroNova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.