Astronics (ATRO - Snapshot Report)
is a manufacturer of specialized lighting and electronics for the
cockpit, cabin and exteriors of military, commercial transport and
private business jet aircraft. ATRO is insulated within the aerospace
and defense equipment industry that ranks in the top 31% of our Zacks
Industry Rank. Currently, ATRO is a Zacks Rank #1 (Strong Buy).
The earnings story has been strong for ATRO for most of the last four
years, with one major rough patch coming in 2012. Since then year over
year numbers have improved and earnings estimates have continued to be
revised to the upside. The price and consensus chart below shows the
story of earnings over the last several years.
The technical picture may be turning a corner for ATRO. Usually I look
for stocks trading above their 25 day moving average shifted by 5 days
(25x5) that are firmly in uptrends. (more)
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