Head to Head Analysis: Astra Space (ASTR) & The Competition

Astra Space (NASDAQ:ASTRGet Rating) is one of 31 publicly-traded companies in the “Transportation services” industry, but how does it weigh in compared to its rivals? We will compare Astra Space to related businesses based on the strength of its earnings, analyst recommendations, institutional ownership, risk, profitability, valuation and dividends.

Institutional & Insider Ownership

48.2% of Astra Space shares are owned by institutional investors. Comparatively, 58.9% of shares of all “Transportation services” companies are owned by institutional investors. 36.6% of Astra Space shares are owned by insiders. Comparatively, 20.3% of shares of all “Transportation services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk and Volatility

Astra Space has a beta of 1.29, indicating that its share price is 29% more volatile than the S&P 500. Comparatively, Astra Space’s rivals have a beta of 3.34, indicating that their average share price is 234% more volatile than the S&P 500.

Valuation and Earnings

This table compares Astra Space and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Astra Space N/A -$257.78 million -2.46
Astra Space Competitors $3.48 billion $133.10 million 18.46

Astra Space’s rivals have higher revenue and earnings than Astra Space. Astra Space is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Astra Space and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Astra Space 1 0 1 0 2.00
Astra Space Competitors 199 1027 1723 44 2.54

Astra Space currently has a consensus price target of $5.00, indicating a potential upside of 91.57%. As a group, “Transportation services” companies have a potential upside of 36.62%. Given Astra Space’s higher probable upside, analysts plainly believe Astra Space is more favorable than its rivals.

Profitability

This table compares Astra Space and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Astra Space N/A -46.21% -38.89%
Astra Space Competitors -2,284.15% -105.28% -6.96%

Summary

Astra Space rivals beat Astra Space on 9 of the 13 factors compared.

About Astra Space (Get Rating)

Astra Space, Inc. designs, tests, manufactures, launches, and operates space products and services. The company also designs, tests, manufactures, and operates propulsion modules to enable satellites to orbit in space. Its customers primarily include satellite operators, satellite manufacturers, government agencies, and defense prime contractors. The company was incorporated in 2016 and is headquartered in Alameda, California.

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