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AstroNova (ALOT)
NASDAQ:ALOT
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AstroNova (ALOT) AI Stock Analysis

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ALOT

AstroNova

(NASDAQ:ALOT)

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Neutral 47 (OpenAI - 4o)
Rating:47Neutral
Price Target:
$9.00
▼(-3.85% Downside)
AstroNova's overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The company's negative profitability and declining revenue growth are significant concerns. While strategic initiatives and cost management efforts are underway, the current valuation and technical analysis suggest caution. The introduction of a new CEO and product launches offer potential for future improvement, but substantial challenges remain.

AstroNova (ALOT) vs. SPDR S&P 500 ETF (SPY)

AstroNova Business Overview & Revenue Model

Company DescriptionAstroNova, Inc. (ALOT) is a global leader in providing data visualization and printing solutions, primarily serving the aerospace, defense, and commercial sectors. The company operates through two main segments: Product Identification and Test & Measurement. Its core products include high-performance printers and related supplies, as well as data acquisition systems and software that cater to a wide range of industrial and scientific applications.
How the Company Makes MoneyAstroNova generates revenue through the sale of hardware, software, and consumables within its Product Identification and Test & Measurement segments. Key revenue streams include the sale of specialized printers, such as thermal inkjet and label printers, alongside consumables like labels and ribbons. The Test & Measurement segment provides data acquisition systems and software tools that are essential for monitoring and analyzing performance in various applications. Additionally, the company benefits from recurring revenue through service contracts, maintenance agreements, and software updates. AstroNova has established significant partnerships with various industries, including aerospace and defense contractors, which bolster its market presence and drive sales. The combination of diverse product offerings and strategic partnerships contributes to the company's overall earnings.

AstroNova Key Performance Indicators (KPIs)

Any
Any
Revenue by Geography
Revenue by Geography
Breaks down revenue across different regions, revealing where the company is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Chart InsightsAstroNova's revenue from the United States has been volatile, with a recent decline, while Europe showed a significant surge in late 2023 but has since stabilized. The earnings call highlights a broader revenue decline, particularly in aerospace and product ID segments, despite efforts to improve customer retention and launch new products. The introduction of a new CEO and strategic cost management initiatives aim to stabilize and enhance profitability. However, challenges like customer attrition and a net loss indicate that further improvements are needed to sustain growth.
Data provided by:Main Street Data

AstroNova Earnings Call Summary

Earnings Call Date:Sep 09, 2025
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Dec 03, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted the introduction of a new CEO and strategic initiatives aimed at improving efficiency and cost management. However, significant challenges remain, including a decline in revenue and operating income across key segments, customer attrition, and a net loss for the quarter. While there are positive developments, such as the transition to new aerospace products and debt reduction efforts, the overall sentiment reflects a need for further improvements and stabilization.
Q2-2026 Updates
Positive Updates
Introduction of New CEO
Yorek Itmann appointed as President and CEO, bringing new leadership and direction to AstroNova, with a focus on market position in aerospace and commercial print technologies.
Aerospace Segment Developments
Transition to ToughRider flight deck printers, with ToughRider representing 50% of second-quarter shipments and on track to reach 80%.
Cost Management Initiatives
AstroNova has implemented $3 million in annualized cost reductions to improve profitability.
Debt Management
Paid down $5.1 million in debt in the first half of the year, with a leverage ratio of 3.5 times.
Negative Updates
Revenue Decline
Second-quarter revenue of $36.1 million declined 10.9% year over year and 4.2% sequentially, with a 15.1% decrease in aerospace and an 8.9% decrease in product ID segments.
Customer Attrition in Product ID
A $2.6 million decline in recurring supplies, parts, and service revenue due to customer attrition.
Operating Income Decline
Product ID operating income declined by $400,000 or 18%, and aerospace operating income declined by $1.4 million or 37%.
Net Loss
Net loss of $1.2 million or $0.16 per share, with adjusted EBITDA down $1.8 million from the prior year.
Company Guidance
During the call, AstroNova provided guidance focusing on several metrics and strategic initiatives for the second half of fiscal year 2026. The company reported a decline in second-quarter revenue to $36.1 million, a 10.9% year-over-year decrease, with the aerospace and product ID segments showing declines of 15.1% and 8.9%, respectively. Despite these challenges, 70% of the quarter's revenue was recurring. The company aims to improve its customer retention rate and adapt its sales strategy for new higher-value printers, which is expected to drive sales over the next several quarters. The restructuring of the sales team into customer acquisition and retention teams is a key priority. Gross profit for the second quarter was $11.6 million, representing 32.9% of sales for the first half of the fiscal year. The company expects aerospace gross margins to improve due to the launch of the ToughRider 640, contributing to a target of over 80% for this product in future shipments. Additionally, AstroNova plans to achieve $3 million in annualized cost reductions, with full benefits expected in the second half of the fiscal year, while also managing a leverage ratio of 3.5 times funded debt to adjusted EBITDA. The company is focused on generating cash, paying down debt, and restructuring its debt within 60 days, with total liquidity reported at $10.4 million.

AstroNova Financial Statement Overview

Summary
AstroNova presents a mixed financial picture with stable revenue growth but significant profitability and leverage challenges. The company's high leverage and negative profitability margins raise concerns about its financial health. While cash flows are positive, they remain lower than desired, necessitating enhanced operational efficiency and cost management to improve future financial performance.
Income Statement
45
Neutral
AstroNova has experienced fluctuating revenue growth with a TTM increase of approximately 3.1% from the previous annual period. However, the company faces challenges in profitability, as reflected by negative net and EBIT margins in the latest TTM data. Gross profit margin remains stable at around 34%, indicating consistent cost management. EBITDA margin has also turned negative, highlighting operational challenges.
Balance Sheet
55
Neutral
The balance sheet reveals a relatively high debt-to-equity ratio of 0.61 in TTM, indicating significant leverage. The equity ratio stands at 50.9%, which shows a balanced asset financing approach. Return on equity has turned negative due to a net loss, posing concerns on shareholder returns. Overall, the balance sheet reflects moderate stability with potential leverage risks.
Cash Flow
60
Neutral
AstroNova's cash flow analysis shows a decline in free cash flow by 56.4% in the TTM period compared to the previous annual data. The operating cash flow to net income ratio is positive, indicating that the company generates cash despite reporting a net loss. Free cash flow to net income ratio indicates that cash generation relative to net income is weak, suggesting a need for improved profitability.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue151.59M151.28M148.09M142.53M117.48M116.03M
Gross Profit50.74M52.75M53.69M48.16M43.74M41.36M
EBITDA-7.45M-4.30M13.04M10.06M8.25M8.42M
Net Income-16.98M-14.49M4.69M2.66M6.43M1.28M
Balance Sheet
Total Assets143.15M145.59M133.25M138.51M114.95M115.47M
Cash, Cash Equivalents and Short-Term Investments3.85M5.05M4.53M3.95M5.28M11.44M
Total Debt26.87M48.52M22.44M30.12M9.96M17.92M
Total Liabilities67.36M69.84M42.97M54.14M33.94M40.79M
Stockholders Equity75.79M75.75M90.28M84.37M81.01M74.68M
Cash Flow
Free Cash Flow1.98M3.68M11.48M-3.17M-402.00K12.96M
Operating Cash Flow2.43M4.85M12.35M-2.94M1.39M15.54M
Investing Cash Flow1.18M-20.27M-875.00K-17.26M-1.80M-2.59M
Financing Cash Flow-5.17M15.38M-10.97M18.75M-5.56M-5.14M

AstroNova Technical Analysis

Technical Analysis Sentiment
Negative
Last Price9.36
Price Trends
50DMA
10.30
Negative
100DMA
10.52
Negative
200DMA
10.25
Negative
Market Momentum
MACD
-0.25
Positive
RSI
39.39
Neutral
STOCH
28.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALOT, the sentiment is Negative. The current price of 9.36 is below the 20-day moving average (MA) of 9.80, below the 50-day MA of 10.30, and below the 200-day MA of 10.25, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 39.39 is Neutral, neither overbought nor oversold. The STOCH value of 28.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALOT.

AstroNova Risk Analysis

AstroNova disclosed 30 risk factors in its most recent earnings report. AstroNova reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks

AstroNova Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$69.51M10.82-9.32%-4.05%-162.14%
$37.18B12.37-10.20%1.83%8.50%-7.62%
$127.78M-44.58%4.65%-79.75%
$47.43M-5.45-24.73%-9.09%-1586.89%
$93.94M-23.11%-73.87%-115.50%
$71.50M-4.16-20.27%0.63%-364.33%
$64.66M-0.10-164.37%1.90%93.50%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ALOT
AstroNova
9.36
-3.90
-29.41%
INVE
Identiv
3.96
0.38
10.61%
TACT
Transact Technologies
4.70
0.45
10.59%
UAVS
AgEagle Aerial Systems
1.90
-0.82
-30.15%
OSS
One Stop Systems
5.06
2.77
120.96%
YIBO
Planet Image International Limited Class A
1.21
-1.83
-60.20%

AstroNova Corporate Events

AstroNova Reports Q2 Fiscal 2026 Earnings
Sep 10, 2025

AstroNova, Inc. is a leading innovator in specialized print technology solutions, focusing on product identification and aerospace sectors, offering a range of products that acquire, store, analyze, and present data across various media formats. In its latest earnings report, AstroNova reported a revenue of $36.1 million for the second quarter of fiscal 2026, reflecting challenges in the Product Identification segment. The company has begun shipping redesigned MTEX professional label presses and ToughWriter® printers for aerospace applications. Key financial highlights include a decline in revenue by $4.4 million and a net loss of $1.2 million, attributed to lower sales volume and unfavorable product mix. The Product Identification segment saw an 8.9% revenue decrease, while the Aerospace segment experienced a 15.1% decline due to atypical orders in the previous year. Looking ahead, AstroNova has revised its fiscal 2026 revenue guidance to a range of $149 to $154 million, with expectations of modest growth in the second half of the year driven by new product shipments and cost restructuring efforts.

AstroNova’s Earnings Call: Navigating Challenges and Strategic Shifts
Sep 10, 2025

AstroNova’s Latest Earnings Call Reflects Mixed Sentiment Amid Strategic Changes

Business Operations and StrategyExecutive/Board Changes
AstroNova Appoints New Independent Director Amidst Agreement
Positive
Aug 21, 2025

On August 21, 2025, AstroNova, Inc. entered into a Cooperation Agreement with Askeladden Capital Management LLC, leading to the appointment of Shawn Kravetz as an independent director on its Board. This strategic move is expected to enhance the company’s governance and strategic direction, particularly in its Product Identification and Aerospace segments. The agreement includes various commitments from Askeladden, such as voting in favor of the Board’s nominees and adhering to standstill provisions, which are anticipated to stabilize shareholder relations and support AstroNova’s strategic priorities.

The most recent analyst rating on (ALOT) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on AstroNova stock, see the ALOT Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
AstroNova Appoints New CEO to Drive Growth
Positive
Aug 4, 2025

On August 4, 2025, AstroNova, Inc. announced the appointment of Jorik E. Ittmann as the new President and CEO, effective August 15, 2025. This leadership change is part of a strategic move to address internal challenges and enhance the company’s growth in the specialized printing systems industry. The appointment of Ittmann, along with other leadership promotions, aims to leverage their extensive industry experience to drive the company’s strategic plan forward, improve organic growth, and enhance profitability. The changes are expected to advance the development and sales of AstroNova’s print engine technology and machine offerings, positioning the company for faster revenue growth.

Executive/Board Changes
AstroNova Announces New CEO Amid Leadership Restructuring
Neutral
Aug 4, 2025

AstroNova, Inc. announced significant leadership changes effective August 15, 2025, with Jorik Ittmann appointed as the new President and CEO, succeeding Darius G. Nevin, who will become Executive Chairman. These changes are part of a broader executive restructuring, including adjustments to compensation and incentive plans for key executives, aimed at strengthening the company’s leadership and aligning executive goals with company performance metrics.

Executive/Board Changes
AstroNova Appoints Darius Nevin as Interim CEO
Neutral
Jul 29, 2025

On June 29, 2025, Darius G. Nevin was appointed as the Interim President and CEO of AstroNova, Inc. On July 23, 2025, AstroNova entered into an agreement with Mr. Nevin, providing him with an annual salary of $260,000 and stock options. The agreement includes provisions for travel expense reimbursement and participation in employee benefit plans.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 28, 2025