AstroNova (NASDAQ:ALOT) issued its quarterly earnings data on Monday. The business services provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07, MarketWatch Earnings reports. AstroNova had a return on equity of 1.95% and a net margin of 1.26%.
ALOT stock traded down $0.07 during midday trading on Wednesday, reaching $14.94. 1 shares of the company traded hands, compared to its average volume of 19,249. AstroNova has a 52-week low of $7.07 and a 52-week high of $18.05. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.86 and a current ratio of 3.77. The business has a 50 day moving average of $15.34 and a 200-day moving average of $14.80. The firm has a market capitalization of $108.03 million, a price-to-earnings ratio of 74.70, a P/E/G ratio of 3.17 and a beta of 0.78.
An institutional investor recently raised its position in AstroNova stock. Morgan Stanley lifted its holdings in AstroNova, Inc. (NASDAQ:ALOT) by 39.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,152 shares of the business services provider’s stock after buying an additional 1,750 shares during the quarter. Morgan Stanley owned approximately 0.09% of AstroNova worth $86,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 50.30% of the company’s stock.
AstroNova Company Profile
AstroNova, Inc engages in the design, development, manufacture, and distribution of specialty printers and data acquisition and analysis systems. It operates through the Product Identification (PI) and Test and Measurement (T&M) segments. The PI segment offers digital label printers, over-printers, labeling software, spare parts, service contracts, and related printing supplies such as pressure sensitive labels, tags, inks, toners, and thermal transfer ribbons used in product identification digital printers.
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