We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Astronics' (ATRO) EmPower UltraLite G2 Gains Traction, Shares Up
Read MoreHide Full Article
Astronics Corporation (ATRO - Free Report) recently announced that multiple airlines have committed to installing the EmPower UltraLite G2 Power System on more than 1,100 narrow body aircraft. This has already been set up on more than 260 airlines worldwide. The market has reacted positively to this news, with shares gaining 4.3% since the announcement.
The EmPower Ultralite G2 was introduced at the 2022 Aircraft Interiors show in Hamburg as the sector's most robust cabin power system for recharging passenger electronic devices. Installations are scheduled to take place during the following three years.
Features & Benefits of the System
Leveraging many decades of Astrnoics’ expertise in developing power and motion solutions, the EmPower Ultralite G2 passenger power system will provide industry-leading power with less weight to help reduce carbon emissions. This also helps the company contribute toward a greener and more sustainable future.
The EmPower system can be tailored with finishes to fit any cabin ambiance and configured for efficiency and cost savings. It offers applications for both retrofit and linefit. The installation is quick and easy because of fewer components and includes safety features like overcurrent, overvoltage, plug detect etc.
The UltraLite G2 utilizes 800W power supplies with higher than 93% efficiency and system intelligence at the seat, and it uses a distributed zonal design. As a result of this, each seat can get up to 60W of electricity and combines USB Type A and the most recent USB Type C outlets. Maximum flexibility and airline customization are made possible by cutting system weight overall and each seat by 30% to 40% compared to power solutions installed and in use today.
Price Performance
In the past six months, shares of Astronics Corporation have gained 69% compared with the industry’s 0.1% increase.
The Zacks Consensus Estimate for SIDU’s 2023 sales indicates year-over-year growth of 64%. In the past 60 days, the bottom-line estimates have moved up 6.9%.
The Zacks Consensus Estimate for CW’s 2023 sales indicates year-over-year growth of 8.5%. In the past 60 days, the bottom-line estimates have moved up 0.7%.
The Zacks Consensus Estimate for TDG’s 2023 sales indicates year-over-year growth of 40.1%. In the past 60 days, the bottom-line estimates have moved up 7.5%.
See More Zacks Research for These Tickers
Pick one free report - opportunity may be withdrawn at any time
Image: Shutterstock
Astronics' (ATRO) EmPower UltraLite G2 Gains Traction, Shares Up
Astronics Corporation (ATRO - Free Report) recently announced that multiple airlines have committed to installing the EmPower UltraLite G2 Power System on more than 1,100 narrow body aircraft. This has already been set up on more than 260 airlines worldwide. The market has reacted positively to this news, with shares gaining 4.3% since the announcement.
The EmPower Ultralite G2 was introduced at the 2022 Aircraft Interiors show in Hamburg as the sector's most robust cabin power system for recharging passenger electronic devices. Installations are scheduled to take place during the following three years.
Features & Benefits of the System
Leveraging many decades of Astrnoics’ expertise in developing power and motion solutions, the EmPower Ultralite G2 passenger power system will provide industry-leading power with less weight to help reduce carbon emissions. This also helps the company contribute toward a greener and more sustainable future.
The EmPower system can be tailored with finishes to fit any cabin ambiance and configured for efficiency and cost savings. It offers applications for both retrofit and linefit. The installation is quick and easy because of fewer components and includes safety features like overcurrent, overvoltage, plug detect etc.
The UltraLite G2 utilizes 800W power supplies with higher than 93% efficiency and system intelligence at the seat, and it uses a distributed zonal design. As a result of this, each seat can get up to 60W of electricity and combines USB Type A and the most recent USB Type C outlets. Maximum flexibility and airline customization are made possible by cutting system weight overall and each seat by 30% to 40% compared to power solutions installed and in use today.
Price Performance
In the past six months, shares of Astronics Corporation have gained 69% compared with the industry’s 0.1% increase.
Image Source: Zacks Investment Research
Zacks Rank & Key Picks
Astronics currently has a Zacks Rank #4 (Sell).
Some better-ranked utilities in the same sector are Sidus Space Inc. (SIDU - Free Report) , Curtiss-Wright Corp. (CW - Free Report) and TransDigm Group Inc. (TDG - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for SIDU’s 2023 sales indicates year-over-year growth of 64%. In the past 60 days, the bottom-line estimates have moved up 6.9%.
The Zacks Consensus Estimate for CW’s 2023 sales indicates year-over-year growth of 8.5%. In the past 60 days, the bottom-line estimates have moved up 0.7%.
The Zacks Consensus Estimate for TDG’s 2023 sales indicates year-over-year growth of 40.1%. In the past 60 days, the bottom-line estimates have moved up 7.5%.