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AstroNova (NASDAQ:ALOT) Stock, Option Chain

AstroNova

AstroNova Inc designs, develops, manufactures, and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate technologies to acquire, store, analyze, and present data in multiple formats sold under the QuickLabel, TrojanLabel and GetLabels brand names. Its target markets for hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation. It has two segments, Product Identification (PI) and Test & Measurement (T&M). It generates the majority of its revenue from the PI segment that includes specialty printing systems and related supplies.

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The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday.

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Although US stocks closed lower on Wednesday, there were a few notable insider trades.

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AstroNova Inc

WIIM

AstroNova shares are trading lower after the company reported a year-over-year decrease in Q3 adjusted EPS results and announced it is no longer providing financial guidance for fiscal 2025 and 2026.

As part of the integration process, the Company is conducting a comprehensive cost-reduction and product-line rationalization initiative. This effort is aimed at reducing expenses and further enhancing AstroNova's product portfolio.&nbsp;
AstroNova plans to discuss the results of this initiative, and provide long-term financial targets, on its full-year fiscal 2025 earnings call in March.

Guidance

AstroNova Says It Is No Longer Providing Financial Guidance For Fiscal 2025 And 2026, Citing Extended Integration Timeline For MTEX Acquisition

AstroNova Q3 FY25 Adj EPS $0.06 Down From $0.37 YoY, Sales $40.42M Up From $37.55M YoY

<h3>Companies Reporting Before The Bell</h3>
• Live Ventures (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIVE#NASDAQ">LIVE</a>) is likely to report earnings for its fourth quarter. 
• Lovesac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOVE#NASDAQ">LOVE</a>) is likely to report quarterly loss at $0.28 per share on revenue of $155.26 million. 
• Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) is estimated to report quarterly earnings at $0.65 per share on revenue of $1.10 billion. 
• Lee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEE#NASDAQ">LEE</a>) is likely to report quarterly earnings at $0.65 per share on revenue of $169.88 million. 
• AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) is expected to report earnings for its third quarter. 
• Liquidity Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDT#NASDAQ">LQDT</a>) is estimated to report quarterly earnings at $0.28 per share on revenue of $93.05 million. 
<h3>Companies Reporting After The Bell</h3>
• Quanex Building Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NX#NYSE">NX</a>) is estimated to report quarterly earnings at $0.56 per share on revenue of $491.94 million. 
• RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) is projected to report quarterly earnings at $2.64 per share on revenue of $811.81 million. 
• Electrovaya (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELVA#NASDAQ">ELVA</a>) is likely to report quarterly loss at $0.01 per share on revenue of $11.50 million. 
• Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) is projected to report quarterly earnings at $3.79 per share on revenue of $62.08 billion. 
• Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) is estimated to report quarterly earnings at $1.38 per share on revenue of $14.09 billion. 
• Natuzzi (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTZ#NYSE">NTZ</a>) is likely to report earnings for its third quarter. 
• Good Times Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTIM#NASDAQ">GTIM</a>) is estimated to report earnings for its fourth quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For December 12, 2024

Business Outlook
"Looking ahead, we are optimistic about our growth prospects," Woods continued. "We are well-positioned to continue driving organic growth, supported by our commitment to delivering innovative, high-margin products while maintaining strong cost controls. We anticipate achieving our fiscal year targets for revenue growth. As a result of the MTEX integration, we have reduced our consolidated FY 2025 Adjusted EBITDA margin estimate to a range of 9% to 10% and expect to be within the range of 13% to 14% in fiscal 2026."

CORRECTION: AstroNova Reiterates FY25 Organic Revenue Growth In The Mid-Single Digits And Cut Adj EBITDA Margin To 9%-10% (Prior 13%-14%), Expects FY26 Adj EBITDA Margin Of 13%-14%

AstroNova Q2 Adj EPS $0.08 Down From $0.15 YoY, Sales $40.54M Up From $35.52M YoY

AstroNova Files Non-Timely 10-Q With U.S. SEC; Expects To Report Q2 Revenue Of About $40.5M; Expects To Report Q2 Net Loss Of $(0.04) Per Share

AstroNova, Inc., a global leader in data visualization technologies, today announced the appointment of Thomas DeByle as the Company&#39;s new chief financial officer, replacing David S. Smith, who has retired.

Management

Reported Wednesday, AstroNova Names Thomas DeByle As Chief Financial Officer

Business&nbsp;Outlook
&quot;Looking ahead, we are excited about the prospects for both segments of our business,&quot; Woods said. &quot;With our recent acquisition of Portugal-based MTEX NS, we have significantly strengthened our position in the color digital printing market. In addition to expanding our color labeling business, we now have a much larger footprint in both the durable and flexible packaging market segments. This greatly expanded range of AstroNova products was showcased over the past 10 days in Germany at drupa 2024, the world&#39;s preeminent printing trade fair. Our sales team met with a record number of current and prospective customers, and many have already placed orders. Within our T&amp;M segment, we continue to win key defense programs for our data acquisition recorders and gain traction with the ToughWriter transition. We are on track to meet our fiscal full-year 2025 expectations for organic revenue growth in the mid-single digits and Adjusted EBITDA margins of&nbsp;13%&nbsp;to&nbsp;14%.&quot;

AstroNova Reiterates Fiscal 2025 Outlook: Expects Organic Revenue Growth In The Mid-Single Digits And Adjusted EBITDA Margins Of 13% To 14%

AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) reported quarterly earnings of $0.15 per share. This is a 36.36 percent increase over earnings of $0.11 per share from the same period last year. The company reported $32.96 million in sales this quarter. This is a 6.94 percent decrease over sales of $35.42 million the same period last year.

AstroNova Q1 EPS $0.15 Up From $0.11 YoY, Sales $32.96M Down From $35.42M YoY

On May 9, it was revealed in an SEC filing that MITCHELL QUAIN, Director at AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) executed a significant exercise of company stock options.
What Happened: Disclosed in a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000008146/000106299324009799//Archives/edgar/data/8146/000106299324009799/0001062993-24-009799-index.htm">U.S. Securities and Exchange Commission</a>, QUAIN, Director at AstroNova, executed a strategic derivative sale. This involved exercising stock options for 5,000 shares of ALOT, resulting in a transaction value of $19,499.
Currently, AstroNova shares are trading down 0.56%, priced at $17.7 during Friday's morning. This values QUAIN's 5,000 shares at $19,499.
<h3>Get to Know AstroNova Better</h3>
AstroNova Inc designs, develops, manufactures, and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate technologies to acquire, store, analyze, and present data in multiple formats sold under the QuickLabel, TrojanLabel and GetLabels brand names. Its target markets for hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation. It has two segments, Product Identification (PI) and Test &amp; Measurement (T&amp;M). It generates the majority of its revenue from the PI segment that includes specialty printing systems and related supplies.
<h3>A Deep Dive into AstroNova's Financials</h3>
Decline in Revenue: Over the 3 months period, AstroNova faced challenges, resulting in a decline of approximately -0.65% in revenue growth as of 31 January, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 37.24%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): AstroNova's EPS reflects a decline, falling below the industry average with a current EPS of 0.36.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.25, AstroNova adopts a prudent financial strategy, indicating a balanced approach to debt management.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 28.25, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.9 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 11.95, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>The Relevance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000008146">Check Out The Full List Of AstroNova's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision Unfolding At AstroNova: MITCHELL QUAIN Exercises Options

Additionally, the transaction provides for up to a &euro;4 million earnout payable to the seller over three years based on the achievement of specified revenue growth targets. AstroNova expects the transaction to add an additional&nbsp;$8 million&nbsp;to&nbsp;$10 million&nbsp;in revenue in this fiscal year.
MTEX NS operates an 81,000-square-foot engineering and manufacturing center and has strong distributors in Europe, the Middle East, and North and South America.

AstroNova Acquires Portugal-Based MTEX NS, S.A. For Total Enterprise Value Of €24.3M

It was reported on March 28, that STEPHEN PETRARCA, Vice President at AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) executed a significant insider sell, according to an SEC filing.
What Happened: PETRARCA opted to sell 5,000 shares of AstroNova, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000008146/000106299324007373//Archives/edgar/data/8146/000106299324007373/0001062993-24-007373-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The transaction's total worth stands at $88,950.
As of Friday morning, AstroNova shares are up by 0.62%, currently priced at $17.99.
<h3>Discovering AstroNova: A Closer Look</h3>
AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test &amp; Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.
<h3>AstroNova: A Financial Overview</h3>
Revenue Growth: AstroNova's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2023, the company experienced a revenue decline of approximately -4.71%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 39.36%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): AstroNova's EPS is below the industry average. The company faced challenges with a current EPS of 0.37. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: AstroNova's debt-to-equity ratio is below the industry average at 0.32, reflecting a lower dependency on debt financing and a more conservative financial approach.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 39.76 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.9 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 13.69, AstroNova presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000008146">Check Out The Full List Of AstroNova's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AstroNova Vice President Sold $88K In Company Stock

FY 2025 Financial Targets and&nbsp;Outlook
For fiscal 2025, AstroNova expects to achieve full-year organic revenue percentage growth in the mid-single digits. Additionally, as AstroNova continues to drive operational improvements throughout the business, the Company expects its full-year adjusted EBITDA margin to be&nbsp;13%&nbsp;to&nbsp;14%&nbsp;this year and further improve by 100 basis points per year over the following two fiscal years.

AstroNova Expects FY25 Organic Revenue Growth in the Mid-Single Digits, Adj EBITDA Margin of 13%-14%

AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) reported quarterly earnings of $0.33 per share. This is a 83.33 percent increase over earnings of $0.18 per share from the same period last year. The company reported $39.59 million in sales this quarter. This is a 0.65 percent decrease over sales of $39.85 million the same period last year.

AstroNova Q4 Adj EPS $0.33 Up From $0.18 YoY, Sales $39.59M Down From $39.85M YoY

<h3>Companies Reporting Before The Bell</h3>
&bull; Agile Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGRX#NASDAQ">AGRX</a>) is likely to report quarterly loss at $0.54 per share on revenue of $9.20 million.
&bull; 51 Talk Online Education (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/COE#AMEX">COE</a>) is projected to report earnings for its fourth quarter.
&bull; Star Equity Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRR#NASDAQ">STRR</a>) is likely to report quarterly loss at $0.08 per share on revenue of $9.15 million.
&bull; Hyzon Motors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>) is likely to report earnings for its fourth quarter.
&bull; Humacyte (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>) is estimated to report quarterly loss at $0.24 per share on revenue of $60 thousand.
&bull; AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) is likely to report earnings for its fourth quarter.
&bull; Sunlands Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STG#NYSE">STG</a>) is likely to report earnings for its fourth quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Moleculin Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBRX#NASDAQ">MBRX</a>) is estimated to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AGRX

MBRX

STRR

Earnings Scheduled For March 22, 2024

The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment&nbsp;on Thursday.
U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the coming months.
Shares of Accenture Plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) dipped over 9% on Thursday after the company reported results for its fiscal second quarter. Micron Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>) shares surged over 14% after the company reported upbeat results for its second quarter and issued strong third-quarter guidance.
On the economic data front, U.S. initial jobless claims declined by 2,000 to 210,000 on the week ending March 16, versus market estimates of 215,000. The U.S. current account deficit shrank by $1.6 billion to $194.8 billion during the fourth quarter, compared to market estimates for a $209 billion gap. The S&amp;P Global services PMI declined to a three-month low level of 51.7 in March from 52.3 in the previous month, while manufacturing PMI climbed to a 21-month high level of 52.5 in March.
Most sectors on the S&amp;P 500 closed on a positive note, with industrials, financial and energy stocks recording the biggest gains on Thursday. However, utilities and communication services bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 269 points to 39,781.37 on Thursday. The S&amp;P 500 rose 0.32% at 5,241.53, while the Nasdaq Composite climbed 0.20% at 16,401.84 during Thursday&rsquo;s session.
Investors are awaiting earnings results from Hyzon Motors Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hyzn#NASDAQ">HYZN</a>), AstroNova, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alot#NASDAQ">ALOT</a>) and Humacyte, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/huma#NASDAQ">HUMA</a>) today.
The CNN Money Fear and Greed index rose slightly to 74.8&nbsp;on Thursday, versus a prior reading of 74.6.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
&nbsp;
Read Next: <a href="https://www.benzinga.com/news/24/03/37868715/top-3-tech-and-telecom-stocks-that-are-ticking-portfolio-bombs"> Top 3 Tech And Telecom Stocks That Are Ticking Portfolio Bombs</a>

Disclosed in a recent SEC filing on March 14, Natalizia, Chief Technology Officer at AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: In an insider options sale disclosed in a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000008146/000106299324006440//Archives/edgar/data/8146/000106299324006440/0001062993-24-006440-index.htm">U.S. Securities and Exchange Commission</a>, Natalizia, Chief Technology Officer at AstroNova, exercised stock options for 5,000 shares of ALOT. The transaction value amounted to $17,249.
The Friday morning update indicates AstroNova shares up by 2.32%, currently priced at $17.65. At this value, Natalizia's 5,000 shares are worth $17,249.
<h3>About AstroNova</h3>
AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test &amp; Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.
<h3>AstroNova: Delving into Financials</h3>
Negative Revenue Trend: Examining AstroNova's financials over 3 months reveals challenges. As of 31 October, 2023, the company experienced a decline of approximately -4.71% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 39.36%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): AstroNova's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.37.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.32, AstroNova adopts a prudent financial strategy, indicating a balanced approach to debt management.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 38.18 is lower than the industry average, implying a discounted valuation for AstroNova's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.86 is lower than the industry average, implying a discounted valuation for AstroNova's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 13.23 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Exploring Key Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000008146">Check Out The Full List Of AstroNova's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Update: Michael Natalizia Engages In Options Exercise At AstroNova

A significant insider transaction involving the exercise of company stock options was reported on March 14, by STEPHEN PETRARCA, Vice President at AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>), as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000008146/000106299324006439//Archives/edgar/data/8146/000106299324006439/0001062993-24-006439-index.htm">U.S. Securities and Exchange Commission</a> on Thursday revealed that PETRARCA, Vice President at AstroNova in the Information Technology sector, exercised stock options for 4,600 shares of ALOT stock. The exercise price of the options was $14.2 per share.
During Friday's morning session, AstroNova shares up by 2.32%, currently priced at $17.65. Considering the current price, PETRARCA's 4,600 shares have a total value of $15,869.
<h3>Get to Know AstroNova Better</h3>
AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test &amp; Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.
<h3>AstroNova's Economic Impact: An Analysis</h3>
Revenue Growth: AstroNova's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2023, the company experienced a revenue decline of approximately -4.71%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 39.36%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): AstroNova's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.37.
</li>
</ul>
Debt Management: AstroNova's debt-to-equity ratio is below the industry average. With a ratio of 0.32, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 38.18, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.86, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 13.23 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000008146">Check Out The Full List Of AstroNova's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options Exercise Update At AstroNova: STEPHEN PETRARCA Engages

Bookings for the&nbsp;third quarter&nbsp;of fiscal 2024 increased&nbsp;1%&nbsp;to&nbsp;$35.5 million&nbsp;from&nbsp;$35.0 million&nbsp;in the&nbsp;third quarter&nbsp;of fiscal 2023.
Backlog as of October 28, 2023 decreased&nbsp;20%&nbsp;to&nbsp;$31.2 million&nbsp;from&nbsp;$39.3 million&nbsp;as of October 29, 2022.

AstroNova, Inc's Q3 Bookings Increased 1% YoY to $35.5M, Backlog as of October 28, 2023 Decreased 20% YoY to $31.2M

AstroNova Non-GAAP EPS of $0.08, revenue of $40.54M

The tech market is experiencing strong growth owing to government support and the rapid development of AI-related hardware and software. Amid this backdrop, investors could invest in fundamentally sound tech stocks Ricoh Company (RICOY), Weave Communications (WEAV), and AstroNova (ALOT), which are currently trading under $15. Continue reading... With the wide adoption of cutting-edge technologies like AI, integration of digital technologies, and increasing spending, the tech industry is on the front foot to contribute to worldwide growth and development. Also, its evolving application across all aspects of life broadens its possibilities.
Given the industry's bright outlook, it could be wise to invest in fundamentally strong tech stocks Ricoh Company, Ltd. (<a href="https://stocknews.com/stock/RICOY/">RICOY</a>), Weave Communications, Inc. (<a href="https://stocknews.com/stock/WEAV/">WEAV</a>), and AstroNova, Inc. (<a href="https://stocknews.com/stock/ALOT/">ALOT</a>), which are currently trading under $15.
The tech industry is growing at lightning speed, encompassing all aspects of our lives. In recent times, the technology market has made innumerable breakthroughs across diverse segments, including the healthcare, biotech, industrial, energy, software, and retail markets, with the rapid adoption of AI and other cutting-edge systems.
As per a research report by <a href="https://www.bain.com/about/media-center/press-releases/2024/market-for-ai-products-and-services-could-reach-up-to--$990-billion-by-2027-finds-bain--companys-5th-annual-global-technology-report/">Bain &amp; Company</a>, the market for AI-related hardware and software is projected to grow between 40% and 55% every year, totaling between $780 billion and $990 billion by 2027. Also, the government's attention towards powering American innovation is visible in <a href="https://www.whitehouse.gov/ostp/news-updates/2024/03/13/fact-sheet-president-bidens-2025-budget-invests-in-science-and-technology-to-power-american-innovation-expand-frontiers-of-whats-possible/">President Biden's 2025 Budget</a>, providing robust investments in AI R&amp;D.
These favorable trends have also accelerated investments and spending by tech companies in innovative technologies. <a href="https://www.gartner.com/en/newsroom/press-releases/2024-07-16-gartner-forecasts-worldwide-it-spending-to-grow-7-point-5-percent-in-2024">Gartner projects worldwide IT spending</a> to total $5.26 trillion in 2024, exhibiting a 7.5% growth from the previous year.
With this, the information technology market is expected to grow to $12.42 trillion in 2028, at a <a href="https://www.researchandmarkets.com/reports/5781249/information-technology-global-market-report">CAGR of 8.3%</a>, driven by globalized IT services, digital transformation, cybersecurity innovations, and changing e-commerce. Also, the revenue in the application development software market is anticipated to reach $250 billion by 2029, <a href="https://www.statista.com/outlook/tmo/software/application-development-software/worldwide">showing a 6.5% CAGR</a>.
Given these encouraging trends, let's delve deeper into the fundamentals of top tech stocks: RICOY, WEAV, and ALOT.
Ricoh Company, Ltd. (<a href="https://stocknews.com/stock/RICOY/">RICOY</a>)
Headquartered in Tokyo, Japan, RICOY provides office, commercial printing, and related solutions globally. The company operates in Digital services; Digital Products; Graphic Communications; Industrial Solutions; and Other segments.
In terms of forward EV/Sales, RICOY is trading at 0.48x, 83% lower than the industry average of 2.82x. Also, the stock's forward <a href="https://www.investopedia.com/terms/e/ev-ebitda.asp">EV/EBITDA</a> multiple of 7.28 is 49% lower than the industry average of 14.28. Also, its forward Price/Sales of 0.37x is 86.9% lower than the industry average of 2.83x.
On September 19, RICOY concluded a memorandum of understanding (MOU) with LG Electronics to collaborate on digital solutions for workplaces. The partnership will deliver elevated user experience and exceptional customer value for the B2B customers in the global market. Through the partnership, RICOY will further enhance its capability in the Workplace Experience domain.
RICOY's net sales increased 7.4% year-over-year to ¥574.38 billion ($3.99 billion) for the fiscal first quarter, which ended June 30, 2024, and its operating income was ¥6.33 billion ($43.95 million) for the period. Also, profit attributable to owners of the parent amounted to ¥7.80 billion ($54.12 million).
Street expects RICOY's revenue for the second quarter (ending September 2024) to increase 10.4% year-over-year to $4.22 billion. The company's revenue for the fiscal year (ending March 2025) is expected to grow 390.8% year-over-year to $17.22 billion. Furthermore, the company surpassed the consensus revenue estimates in three of the trailing four quarters.
Shares of RICOY have increased 11.8% over the past six months and 12% over the past year to close the last trading session at $10.27.
RICOY's robust growth prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Stability and Value. Within the <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, RICOY is ranked #11 out of 41 stocks.
<a href="https://stocknews.com/stock/RICOY/">Click here</a> to access additional ratings of RICOY for Quality, Growth, Sentiment, and Momentum.
Weave Communications, Inc. (<a href="https://stocknews.com/stock/WEAV/">WEAV</a>)
WEAV offers a customer experience and payments software platform. The company's platform allows small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks.
On August 27, WEAV announced Payment Reminders, an enhancement feature designed to help improve revenue cycle management by allowing practices to continue to collect more outstanding balances with less effort by enabling practices to turn each Weave payment invoice or Text to Pay request into a "set-it-and-forget-it" collection system.
On July 30, WEAV integrated with eClinicalWorks, the largest cloud-based EHR software in the U.S. The integration delivers additional value to WEAV customers through streamlined operational efficiency, improved patient experience, and enhanced data accuracy.
WEAV's revenue rose 21.4% year-over-year to $50.59 million during the second quarter that ended June 30, 2024. Its non-GAAP gross profit grew 28.5% from the year-ago value to $36.37 million. The company's free cash flow amounted to $21.22 million, indicating growth of 2183.8% year-over-year.
Analysts expect WEAV's revenue for the third quarter (ending September 2024) to increase 18% year-over-year to $51.38 million. For the fiscal year 2024, the company's revenue is expected to grow 18.5% year-over-year to $201.95 million. Also, the company has topped the consensus EPS and revenue estimates in all of the trailing four quarters.
WEAV's shares have gained 9.8% over the past month and 49% over the past year to close the last trading session at $12.11.
WEAV's sound fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has a B grade for Quality, Growth, and Sentiment. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, WEAV is ranked #21 among the 129 stocks.
In addition to the POWR Ratings we've stated above, we also have WEAV ratings for Momentum, Value, and Stability. Get all WEAV ratings <a href="https://stocknews.com/stock/WEAV/">here</a>.
AstroNova, Inc. (<a href="https://stocknews.com/stock/ALOT/">ALOT</a>)
ALOT designs develops, manufactures, and distributes specialty printers and data acquisition and analysis systems internationally. The company operates in segments like Product Identification (PI) and Test &amp; Measurement (T&amp;M).
In terms of trailing-12-month non-GAAP P/E, ALOT is trading at 30.21x, 28.6% lower than the industry average of 23.49x. Also, the stock's trailing-12-month Price/Sales multiple of 0.64 is 77.6% lower than the industry average of 2.87. Also, its trailing-12-month Price/Cash Flow of 6.64x is 65.7% lower than the industry average of 19.35x.
On June 5, ALOT and the recently acquired MTEX NS subsidiary launched groundbreaking new innovative and sustainable printing technologies. The products launched included AQUAFLEX from MTEX NS, TrojanLabel T2-PRO system, ATOM 3 by MTEX NS, FLEXPACK series by MTEX NS, and MULTI 800 by MTEX NS.
The introduced solutions expanded the company's portfolio and reinstated its dedication to driving innovation and delivering value to customers across diverse market segments.
During the second quarter, which ended August 3, 2024, ALOT's revenue increased 14.1% year-over-year to $40.54 million, and its gross profit grew 47.5% from the year-ago value to $14.33 million. The company's non-GAAP net income came in at $572 thousand and $0.08 per common share for the quarter, respectively.
Furthermore, the company's total current assets stood at $83.06 million as of August 3, 2024, compared to $76.67 million as of January 31, 2024.
ALOT's stock has soared 5.6% over the past year to close the last trading session at $12.99.
ALOT's POWR Ratings reflect its robust outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
ALOT has an A grade for Value. The stock also has a B grade for Growth and Sentiment. It is ranked #4 among the 41 stocks in the Technology - Hardware industry.
<a href="https://stocknews.com/stock/ALOT/">Click here</a> to access additional ALOT ratings for Stability, Quality, and Momentum.Top of Form
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>
&nbsp;

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RICOY shares were trading at $10.27 per share on Thursday afternoon, down $0.26 (-2.42%). Year-to-date, RICOY has gained 33.30%, versus a 21.54% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/ricoy-weav-alot-3-tech-stocks-under-15-you-dont-want-to-miss/>3 Tech Stocks Under $15 You Don't Want to Miss</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Under $15 You Don't Want to Miss

AstroNova's Pricing Is Optimistic And Not An Opportunity

AstroNova Non-GAAP EPS of $0.06, revenue of $40.42M

Reports Q3 revenue $40.42M vs. $37.55M last year. "Overall, our third-quarter performance was disappointing, reflecting a significant decrease in c...

AstroNova reports Q3 EPS 6c vs. 37c last year

AstroNova, Inc. (ALOT) Q3 2025 Earnings Call Transcript

Astronova, Inc. ( ($ALOT) ) has released its Q3 earnings. Here is a breakdown of the information Astronova, Inc. presented to its investors. AstroN...

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