Analyzing Astra Space (ASTR) and Its Rivals

Astra Space (NASDAQ:ASTRGet Rating) is one of 32 public companies in the “Transportation services” industry, but how does it contrast to its peers? We will compare Astra Space to similar companies based on the strength of its valuation, earnings, analyst recommendations, institutional ownership, profitability, dividends and risk.

Volatility & Risk

Astra Space has a beta of 1.31, suggesting that its stock price is 31% more volatile than the S&P 500. Comparatively, Astra Space’s peers have a beta of 3.25, suggesting that their average stock price is 225% more volatile than the S&P 500.

Earnings and Valuation

This table compares Astra Space and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Astra Space N/A -$257.78 million -2.41
Astra Space Competitors $3.49 billion $133.55 million 20.24

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

Insider & Institutional Ownership

48.2% of Astra Space shares are owned by institutional investors. Comparatively, 60.1% of shares of all “Transportation services” companies are owned by institutional investors. 36.6% of Astra Space shares are owned by company insiders. Comparatively, 18.1% of shares of all “Transportation services” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Astra Space and its peers’ 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 -2,284.25% -105.32% -6.99%

Analyst Ratings

This is a summary of current ratings and recommmendations for Astra Space and its peers, as reported 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 1032 1729 45 2.54

Astra Space presently has a consensus target price of $5.00, indicating a potential upside of 96.08%. As a group, “Transportation services” companies have a potential upside of 24.93%. Given Astra Space’s higher probable upside, equities analysts plainly believe Astra Space is more favorable than its peers.

Summary

Astra Space peers 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.

Want More Great Investing Ideas?

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