AstroNova Inc (NASDAQ:ALOT)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.94 and last traded at $25.89, with a volume of 162 shares. The stock had previously closed at $25.73.

A number of research firms have recently issued reports on ALOT. ValuEngine cut AstroNova from a “buy” rating to a “hold” rating in a report on Monday, April 1st. Zacks Investment Research cut AstroNova from a “buy” rating to a “hold” rating in a report on Thursday, February 7th.

The company has a quick ratio of 1.32, a current ratio of 2.54 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $180.85 million, a PE ratio of 31.56, a PEG ratio of 2.25 and a beta of 0.21.

AstroNova (NASDAQ:ALOT) last posted its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.18. AstroNova had a return on equity of 8.67% and a net margin of 4.19%. The firm had revenue of $37.17 million during the quarter. As a group, analysts expect that AstroNova Inc will post 0.95 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 28th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend was Wednesday, March 27th. AstroNova’s payout ratio is currently 34.15%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of AstroNova by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 46,934 shares of the business services provider’s stock worth $880,000 after purchasing an additional 930 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of AstroNova by 8.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 15,403 shares of the business services provider’s stock valued at $289,000 after acquiring an additional 1,175 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of AstroNova by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 566,023 shares of the business services provider’s stock valued at $10,613,000 after acquiring an additional 7,917 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its stake in shares of AstroNova by 46.8% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 25,670 shares of the business services provider’s stock valued at $523,000 after acquiring an additional 8,183 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of AstroNova by 9.6% in the 3rd quarter. Renaissance Technologies LLC now owns 218,600 shares of the business services provider’s stock valued at $4,722,000 after acquiring an additional 19,150 shares during the last quarter. Hedge funds and other institutional investors own 59.49% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “AstroNova (ALOT) Hits New 12-Month High at $25.94” was originally published by Marea Informative and is the sole property of of Marea Informative. If you are reading this news story on another publication, it was stolen and reposted in violation of international trademark and copyright legislation. The correct version of this news story can be read at https://www.mareainformativa.com/news/2019/04/23/astronova-alot-hits-new-12-month-high-at-25-94.html.

AstroNova Company Profile (NASDAQ:ALOT)

AstroNova, Inc designs, develops, manufactures, and sells specialty printers & data acquisition and analysis systems. It provides its services to aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation industries.

Featured Story: Analyzing a company’s cash flow statement

Receive News & Ratings for AstroNova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AstroNova and related companies with MarketBeat.com's FREE daily email newsletter.