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Astrotech (ASTC): one step closed to an incredible source of revenue?

12:45 pm ET, 19 Jun 2018

Astrotech Corporation (NASDAQ: ASTC) shares are trading at 6.12, up 214% from yesterday.  Today's gains come after the company announced that its product will be entering into the European Civil Aviation Conference (ECAC) Common Evaluation Process (CEP) for airport security screenings. The news led to excitement among investors, sending the stock soaring. 

Investors and traders are wondering, what is the forecast for the Astrotech stock?  To answer this question, we looked at the technical analysis for ASTC, as well as the stock's fundamental parameters and performance. 

Our technical analysis shows a strong short-term sentiment for the ASTC stock.  However, the medium- and longer-term sentiment appear some weaker, which is a potential sign of worry for long-term investors.      

There are no buy-side analysts covering the stock.  This is predominantly because the Astrotech stock is considered microcap.  Accounting for the most recent price spike, the ASTC market cap is still below $30 million.  Microcap stocks are generally considered a risky investment--and investors need to apply caution because not much is known about these stocks.    

Up until today, the Astrotech stock barely moved.  Over the last month, inclusive of yesterday, Astrotech Corporation (ASTC) returned +1.04%.

The prospect for the ASTC stock appears to be very solid, given ECAC's most recent ruling.  ECAC is the European regulator on aviation security, somewhat equivalent to the US Transportation Security Administration (TSA). The Common Evaluation Process (CEP) was established to provide standards for security equipment performance across 44 member nations. Today's news brings the company closer to an incredible source of revenue. 

Thomas B. Pickens III, Astrotech CEO expressed excitement about taking a major step toward obtaining the European Qualification of Astrotech's TRACER 1000 equipment.  He is confident that the company will meet and exceed CEP performance standards.

For the latest price and information on Astrotech Corporation, please visit Finstead and search for "ASTC price" or "ASTC news".

Astrotech Corporation (ASTC) Stock Guide

Updated at: 4:39 am ET, 12 Jan 2021

Before we start: if you're looking for ASTC stock price, you can quickly find it out by visiting Finny and typing "ASTC quote". If you're looking for a quick scoop on ASTC stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ASTC". You'll get all this info in one place. Or you can just type "ASTC news" to get the latest stock news.

Looking to buy or sell Astrotech Corporation (ASTC)? Interested in getting the full scoop on ASTC, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this ASTC stock guide, we'll address key questions about ASTC, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are ASTC earnings?
2. When is ASTC earnings date?
3. ASTC buy or sell? What is ASTC Finny Score?
4. What are the reasons to buy ASTC? Why should I buy ASTC stock?
5. What are the reasons to sell ASTC? Why should I sell ASTC stock?
6. What are ASTC key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are ASTC earnings?

ASTC trailing 12-month earnings per share (EPS) is -$1.22.

2. When is ASTC earnings date?

ASTC earnings date is November 12, 2020.

Analysis

3. ASTC buy or sell? What is ASTC Finny Score?

#{finnyScore:40}Our quantitative analysis shows 2 reasons to buy and 3 reasons to sell ASTC, resulting in Finny Score of 40.

4. What are the reasons to buy ASTC? Why should I buy ASTC stock?

Here are the reasons to buy ASTC stock:

  • ASTC quarterly revenue growth was 13900.00%, higher than the industry and sector average revenue growth (2.28% and 0.59%, respectively). See ASTC revenue growth chart.
  • ASTC cash to debt ratio is 0.54, higher than the average industry (0.15) and sector (0.12) cash to debt ratio. See ASTC cash to debt chart.

5. What are the reasons to sell ASTC? Why should I sell ASTC stock?

Let's look at the reasons to sell ASTC stock (i.e., the bear case):

Key Stats

6. What are ASTC key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for ASTC:

Metrics ASTC
Price $2.38
Average Price Target / Upside N/A
Average Analyst Rating N/A
Forward Dividend Yield 0.00%
Industry Aerospace & Defense
Sector Industrials
Number of Employees 33
Market Cap $47.87M
Forward P/E Ratio -3.79
Price/Book Ratio 76.36
Revenue (TTM) $627K
YoY Quarterly Revenue Growth 13,900.00%
Profit Margin 0.00%

If you liked this analysis, check out Stock Guides for other stocks.

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