AstroNova (ALOT) AI Stock Analysis

• Market Cap: $85.84M
• Dividend Yield: N/A
• Average Volume (3M): 15.56K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.75
• Revenue Growth: 7.14%
• EPS Growth: -415.34%
• Country: US
• Employees: 441
• Sector: Technology
• Sector Strength: 98
• Industry: Computer Hardware
• EPS (TTM): -0.05
• Shares Outstanding: 7,596,235
• 10 Day Avg. Volume: 5,410
• 30 Day Avg. Volume: 15,561
• PEG Ratio: 0.49
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 53.59
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 0.20
• Enterprise Value/Gross Profit: 2.33
• Enterprise Value/Ebitda: 6.85
• 1Y Price Target: $9.50
• Price Target Upside: -15.93% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: $9.50 ▼(-15.93%Downside)

AstroNova's overall score is driven by positive earnings call insights and strategic corporate events, indicating future growth potential despite current profitability challenges. Technical indicators show bullish momentum, but valuation concerns due to negative earnings weigh down the score.

AstroNova Business Overview & Revenue Model

Company Description

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). The PI segment offers tabletop and production-ready digital color label printers, and OEM printing systems under the QuickLabel brand; digital color label mini-presses and inline printing systems under the TrojanLabel brand; and label materials, tags, inks, toners, and thermal transfer ribbons under the GetLabels brand. This segment also develops and licenses various specialized software programs to design and manage labels and print images; and provides training and support. This segment serves chemicals, cosmetics, food and beverage, medical products, pharmaceuticals, and other industries; and brand owners, label converters, commercial printers, and packaging manufacturers. The T&M segment offers airborne printing solutions, such as ToughWriter used to print hard copies of navigation maps, arrival and departure procedures, flight itineraries, weather maps, performance data, passenger data, and various air traffic control data; ToughSwitch, an ethernet switches used to connect multiple computers or Ethernet devices; TMX data acquisition systems; Daxus DXS-100 distributed data acquisition platform; SmartCorder DDX100 portable data acquisition systems for facility maintenance and field testing; and Everest EV-500, a digital strip chart recording system used primarily in telemetry applications. This segment serves aerospace and defense, automotive, commercial airline, energy, manufacturing, and transportation industries. The company was formerly known as Astro-Med, Inc. and changed its name to AstroNova, Inc. in May 2016. AstroNova, Inc. was incorporated in 1969 and is headquartered in West Warwick, Rhode Island.

How the Company Makes Money

AstroNova generates revenue through the sale of its color label printers, consumables like labels and inks, and data acquisition systems. The company also earns income from service and support contracts, providing maintenance and technical support for its products. In the aerospace sector, revenues are derived from the sale of flight deck printers and networking hardware. AstroNova's business model relies heavily on both one-time sales of hardware and recurring revenue from consumables and services. Strategic partnerships and long-term contracts with manufacturers and distributors further bolster its earnings.

AstroNova Financial Statement Overview

Summary

AstroNova demonstrates stable revenue growth with challenges in profitability and leverage. The company faces high debt and negative margins, which impact its financial health. Positive cash flows are present but require improvement in operational efficiency.

Income Statement

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

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

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.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	151.28M	148.09M	142.53M	117.48M	116.03M
Gross Profit	52.75M	53.69M	48.16M	43.74M	41.36M
EBITDA	-4.30M	13.04M	10.06M	8.25M	8.42M
Net Income	-14.49M	4.69M	2.66M	6.43M	1.28M
Balance Sheet
Total Assets	145.59M	133.25M	138.51M	114.95M	115.47M
Cash, Cash Equivalents and Short-Term Investments	5.05M	4.53M	3.95M	5.28M	11.44M
Total Debt	48.52M	22.44M	30.12M	9.96M	17.92M
Total Liabilities	69.84M	42.97M	54.14M	33.94M	40.79M
Stockholders Equity	75.75M	90.28M	84.37M	81.01M	74.68M
Cash Flow
Free Cash Flow	3.68M	11.48M	-3.17M	-402.00K	12.96M
Operating Cash Flow	4.85M	12.35M	-2.94M	1.39M	15.54M
Investing Cash Flow	-20.27M	-875.00K	-17.26M	-1.80M	-2.59M
Financing Cash Flow	15.38M	-10.97M	18.75M	-5.56M	-5.14M

AstroNova Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALOT, the sentiment is Positive. The current price of 11.3 is below the 20-day moving average (MA) of 11.39, above the 50-day MA of 10.22, and below the 200-day MA of 11.31, indicating a neutral trend. The MACD of 0.29 indicates Positive momentum. The RSI at 58.05 is Neutral, neither overbought nor oversold. The STOCH value of 54.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ALOT.

AstroNova Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$35.05B	6.90	-11.57%	2.06%	6.28%	-15.90%
ALOT	61 Neutral	$85.84M	16.92	-19.13%	―	7.14%	-415.34%
OSS	57 Neutral	$109.46M	―	-44.43%	―	-4.34%	-82.08%
TACT	56 Neutral	$37.90M	―	-25.34%	―	-25.06%	-1624.61%
INVE	53 Neutral	$85.73M	―	-22.95%	―	-77.64%	-243.23%
KTCC	52 Neutral	$32.18M	―	-5.11%	―	-18.85%	-2549.17%
QMCO	41 Neutral	$52.28M	―	33.98%	―	-17.08%	-223.70%

AstroNova Corporate Events

AstroNova Appoints Darius Nevin as Interim CEO

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.

AstroNova CEO Gregory Woods Resigns Amid Transition

On June 29, 2025, Gregory A. Woods resigned from his roles as President and CEO of AstroNova, Inc., as well as from the company’s Board of Directors. Following a Separation Agreement effective July 16, 2025, Mr. Woods will assist in the transition of the CEO role for up to 20 hours per week for a year and will continue to cooperate with the company in legal matters related to its acquisition of MTEX New Solution S.A. The agreement outlines various financial terms, including salary continuation, stock vesting, and COBRA coverage, highlighting the structured approach to his departure.

AstroNova Appoints Darius Nevin as Interim CEO

On June 29, 2025, Gregory A. Woods resigned as President and CEO of AstroNova, Inc., and from its Board of Directors. Subsequently, Darius G. Nevin was appointed as Interim President and CEO. Nevin, a seasoned finance executive with extensive experience, including a successful financial turnaround at Protection One, Inc., will lead the company while the Board searches for a permanent successor. This leadership change is part of AstroNova’s accelerated succession plans and aims to address challenges related to the MTEX acquisition and changes in the Product Identification segment. Consequently, the company’s Annual Meeting of Shareholders, initially scheduled for July 9, 2025, has been postponed.

AstroNova Updates Executive Incentive Plan Definitions

AstroNova‘s Human Capital and Compensation Committee amended the Senior Executive Short-Term Incentive Plan (STIP) on June 12, 2025, to incorporate corporate and segment-level performance goals related to revenue and adjusted operating cash flow. However, an error in the initial amendment excluded the impact of changes in inventory, accounts receivable, and accounts payable from the cash flow definitions. On June 15, 2025, the Committee corrected this by revising the definitions to include these factors, potentially impacting the company’s financial assessments and executive incentives.

AstroNova Unveils Growth Strategy in New Presentation

On June 13, 2025, AstroNova released a presentation titled ‘Driving Growth and Profitability’ on its Investor Relations website. The presentation highlights the company’s strategic initiatives aimed at enhancing growth and profitability, including the transition to higher-margin ToughWriter aerospace printers and the launch of next-generation product identification solutions. The company is also focusing on reducing costs, simplifying product portfolios, and improving supply chain control. AstroNova’s board is positioned to deliver long-term shareholder value, despite challenges from activist shareholders. The company’s strategic moves are expected to strengthen its market position and drive future growth.

AstroNova Amends Executive Incentive Plan for 2026

AstroNova‘s Human Capital and Compensation Committee has amended its Senior Executive Short-Term Incentive Plan (STIP) for fiscal year 2026 to include new corporate and segment-level performance goals related to revenue and adjusted operating cash flow. The amendments, decided on June 12, 2025, do not alter the aggregate target award for any grantee but aim to align executive incentives with the company’s restructuring efforts. Additionally, the Committee approved a Stock-Settled Performance Award Agreement under the 2018 Equity Incentive Plan, which sets performance goals for fiscal years 2026 through 2028, focusing on Cumulative Organic Sales Growth and Adjusted EPS. These changes are designed to enhance shareholder value and align executive compensation with company performance.

AstroNova Files Proxy Materials Amid Activist Campaign

On May 19, 2025, AstroNova announced the filing of its definitive proxy materials for the upcoming annual meeting of shareholders, urging them to support the company’s board nominees against an activist campaign. The company highlighted its strategic progress, including a 7.5% compound annual revenue growth and significant acquisitions that have expanded its market reach and technological capabilities, positioning it for future growth and profitability.

AstroNova Announces Director Nominees for Shareholder Meeting

On May 5, 2025, AstroNova announced its slate of six highly qualified director nominees for the 2025 Annual Meeting of Shareholders, emphasizing their extensive experience in corporate governance, M&A, and finance. The board unanimously rejected the dissident nominees proposed by Askeladden Capital Management, citing concerns over disruption to strategic plans and governance continuity. AstroNova urged shareholders to discard any proxy materials from Askeladden and await the company’s official materials to make informed voting decisions.