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home / news releases / ALOT - AstroNova: Good 3Q22 Results Muted By Omicron's Impact On The Sector

ALOT - AstroNova: Good 3Q22 Results Muted By Omicron's Impact On The Sector

AstroNova Inc.
  • Revenues recovering inline with the recovery in the aviation space.
  • The stock price dropped 21% due to Omicron, I believe this is not justified.
  • ALOT could be a target for aviation-specific SPACs.
  • I recommend waiting for better entry points below $12/share as the current risk-reward profile is not attractive (23% upside vs 40% downside).

For further details see:

AstroNova: Good 3Q22 Results Muted By Omicron's Impact On The Sector
Stock Information
Company Name: AstroNova Inc.
Stock Symbol: ALOT
Market: NASDAQ
Website: astronovainc.com
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