Kevin Keane - Astronics Independent Chairman of the Board

ATRO Stock  USD 16.49  0.30  1.79%   

Chairman

Mr. Kevin T. Keane is an Independent Chairman of the Board of Astronics Corporationrationration. He was Chairman of the Company since 1974. He was previously the President and Chief Executive Officer of the Company since 2013.
Age 84
Tenure 11 years
Professional MarksMBA
Address 130 Commerce Way, East Aurora, NY, United States, 14052
Phone716 805 1599
Webhttps://www.astronics.com
Keane began his career with the Company as Executive Vice President in 1970 and remains active in his role as Chairman of the Board of the Company. He holds an A.B. in Economics and an M.B.A. from Harvard University.

Astronics Management Efficiency

As of the 24th of April 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. 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.
The company currently holds 197.88 M in liabilities with Debt to Equity (D/E) ratio of 0.61, which is about average as compared to similar companies. Astronics has a current ratio of 2.55, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Astronics until it has trouble settling it off, either with new capital or with free cash flow. So, Astronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astronics to invest in growth at high rates of return. When we think about Astronics' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 9 records

CHAIRMAN Age

Christopher CPAL3Harris Technologies
63
William BrownL3Harris Technologies
58
Thomas FargoHuntington Ingalls Industries
70
Marillyn HewsonLockheed Martin
65
James TaicletLockheed Martin
63
Kirkland DonaldHuntington Ingalls Industries
67
Phebe NovakovicGeneral Dynamics
66
Wesley BushNorthrop Grumman
57
Christopher KubasikL3Harris Technologies
59
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. The company was incorporated in 1968 and is headquartered in East Aurora, New York. Astronics operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people. Astronics (ATRO) is traded on NASDAQ Exchange in USA. It is located in 130 Commerce Way, East Aurora, NY, United States, 14052 and employs 2,500 people. Astronics is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

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.
Robert McKenna, Independent Director
Nancy Hedges, Corporate Officer
Julie Davis, Secretary
Kevin Keane, Independent Chairman of the Board
Peter Gundermann, CEO and President Director 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
Robert Brady, Independent Director
Neil Kim, Independent Director
James Kramer, Executive VP and President of Luminescent Systems, Inc.
Mark Moran, Independent Director
Jeffry Frisby, Independent Director
Warren Johnson, Independent Director
Raymond Boushie, Independent Director
John Drenning, Independent Director

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Astronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Astronics' short interest history, or implied volatility extrapolated from Astronics options trading.

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 against Astronics Stock

  0.49DCO Ducommun Incorporated Financial Report 2nd of May 2024 PairCorr
  0.43VTSI VirTra Inc Financial Report 20th of May 2024 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.
Pair CorrelationCorrelation Matching
When determining whether Astronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astronics Stock:
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 tightly coupled 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Astronics Stock analysis

When running Astronics' price analysis, check to measure Astronics' 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 Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Astronics' industry 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
(0.80)
Revenue Per Share
20.819
Quarterly Revenue Growth
0.235
Return On Assets
(0.01)
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.