What does Astronics do?
Astronics Corporation serves the world’s aerospace, defense, and other mission-critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. Peter J. Appointed President and Chief Executive Officer in 2003, Peter Gundermann has been with the Company since 1988. Mr. Gundermann has been a director of Astronics since 2001 and was appointed Chairman of the Board in June 2019.
Is Astronics overvalued?
The company posted revenue of $862 million with 8. According to InvestingPro analysis, the stock appears overvalued based on its Fair Value assessment, trading at a P/E ratio of 99. The stock has shown very large long term returns, including 193.