Astronics

ATRO

Market cap $1.76B

Astronics' acquisition of Buhler Motor Aviation boosts its aerospace portfolio, but investors may want to weigh leverage risks before buying.

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces Acquisition of Bühler Motor Aviation.

Whether buoyed by massive gains in the AI space or not, the S&P 500 has experienced a strong several months, climbing by nearly 33% since early April. Two fairly under-appreciated companies—Innodata Inc. NASDAQ: INOD and Astronics Corp. NASDAQ: ATRO—have far surpassed those gains, climbing by about 173% and 123%, respectively, during the same period.

Astronics (ATRO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

YOU, STNE, ZBRA, GFI and ATRO have been added to the Zacks Rank #1 (Strong Buy) List on October 1st, 2025.

Astronics has completed a financial turnaround after years of losses, boosted further by a decent free cash flow. The Bring Your Own Devices (BYOD) trend is likely to result in increased spending on in-flight entertainment and connectivity infrastructure. Astronics commands a 90% market share in cabin power systems. Astronics' aerospace and military test systems allow it to benefit from rising U.S. defense spending.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Astronics (ATRO) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Rising air traffic, defense spending and fleet expansion fuel growth prospects for aerospace service providers ATRO and HEI.

Here is how Astronics Corporation (ATRO) and Heico Corporation (HEI) have performed compared to their sector so far this year.

GE, HWM, HEI, ATRO and ASLE are five aerospace defense stocks poised for growth in Q4 2025 amid rising defense budgets and demand.