AstroNova (NASDAQ:ALOT) Research Coverage Started at StockNews.com

Posted by Joseph Casey on Feb 8th, 2025

StockNews.com assumed coverage on shares of AstroNova (NASDAQ:ALOT – Free Report) in a research report released on Wednesday. The firm issued a buy rating on the business services provider’s stock.

AstroNova Stock Performance

Shares of NASDAQ ALOT opened at $11.80 on Wednesday. The stock has a market cap of $88.84 million, a PE ratio of 23.60 and a beta of 0.66. AstroNova has a 1 year low of $11.00 and a 1 year high of $18.25. The firm has a fifty day moving average price of $12.94 and a 200-day moving average price of $13.78. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.83 and a quick ratio of 0.77.

AstroNova (NASDAQ:ALOT – Get Free Report) last issued its quarterly earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share (EPS) for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%.

Institutional Investors Weigh In On AstroNova

Institutional investors have recently added to or reduced their stakes in the stock. Peapod Lane Capital LLC purchased a new position in AstroNova during the fourth quarter valued at $1,536,000. Geode Capital Management LLC grew its position in shares of AstroNova by 10.5% during the third quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider’s stock valued at $933,000 after purchasing an additional 6,592 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its position in shares of AstroNova by 23.6% in the third quarter. Diamond Hill Capital Management Inc. now owns 68,000 shares of the business services provider’s stock worth $915,000 after buying an additional 13,000 shares in the last quarter. 43.02% of the stock is owned by hedge funds and other institutional investors.

AstroNova Company Profile

(Get Free Report)

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).