AstroNova (NASDAQ:ALOT) posted its earnings results on Wednesday. The business services provider reported $0.25 EPS for the quarter, Morningstar.com reports. The firm had revenue of $32.70 million for the quarter. AstroNova had a return on equity of 6.81% and a net margin of 2.90%.
Shares of AstroNova (NASDAQ ALOT) opened at $14.65 on Friday. The company has a market capitalization of $98.04 and a PE ratio of 22.66. AstroNova has a 1-year low of $11.00 and a 1-year high of $15.65. The company has a current ratio of 3.27, a quick ratio of 1.87 and a debt-to-equity ratio of 0.31.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 22nd will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Wednesday, March 21st. AstroNova’s dividend payout ratio (DPR) is 58.33%.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC grew its holdings in AstroNova by 2.7% in the fourth quarter. Renaissance Technologies LLC now owns 182,750 shares of the business services provider’s stock valued at $2,531,000 after purchasing an additional 4,800 shares during the period. Kokino LLC grew its holdings in AstroNova by 55.1% in the fourth quarter. Kokino LLC now owns 21,745 shares of the business services provider’s stock valued at $301,000 after purchasing an additional 7,728 shares during the period. Kennedy Capital Management Inc. grew its holdings in AstroNova by 12.5% in the fourth quarter. Kennedy Capital Management Inc. now owns 238,952 shares of the business services provider’s stock valued at $3,309,000 after purchasing an additional 26,638 shares during the period. Spark Investment Management LLC acquired a new stake in AstroNova in the fourth quarter valued at approximately $180,000. Finally, North Star Investment Management Corp. grew its holdings in AstroNova by 8.9% in the fourth quarter. North Star Investment Management Corp. now owns 97,450 shares of the business services provider’s stock valued at $1,350,000 after purchasing an additional 8,000 shares during the period. 56.06% of the stock is currently owned by institutional investors.
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AstroNova Company Profile
AstroNova, Inc, formerly Astro-Med, Inc, designs, develops, manufactures and distributes a range of specialty printers, and data acquisition and analysis systems. The Company operates through two segments: QuickLabel and Test & Measurement (T&M). The Company offers both hardware and software, which incorporate technologies in order to acquire, store, analyze and present data in multiple formats.
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