AstroNova (NASDAQ:ALOT) posted its earnings results on Wednesday. The business services provider reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.07), Morningstar.com reports. The company had revenue of $33.47 million for the quarter. AstroNova had a net margin of 4.68% and a return on equity of 9.75%.
Shares of NASDAQ ALOT traded up $0.22 during midday trading on Thursday, hitting $16.30. 637 shares of the company’s stock traded hands, compared to its average volume of 28,135. AstroNova has a 1 year low of $15.03 and a 1 year high of $27.96. The stock has a market capitalization of $152.43 million, a price-to-earnings ratio of 19.88, a price-to-earnings-growth ratio of 2.01 and a beta of 0.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.30 and a current ratio of 2.73. The firm has a fifty day moving average of $23.14 and a 200 day moving average of $23.40.
Several equities analysts have issued reports on the stock. ValuEngine upgraded shares of AstroNova from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of AstroNova from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 6th.
AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally. The company operates through two segments, Product Identification and Test & Measurement (T&M).
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