Contrast Astra Space (ASTR) and The Competition

Astra Space (NASDAQ:ASTR – Get Rating) is one of 31 publicly traded companies in the “transportation services” sector, but how does it differ from its competitors? We will compare Astra Space to related companies based on the strength of its analyst recommendations, valuation, risk, profitability, dividends, institutional ownership and earnings.
Insider and Institutional Ownership
48.2% of Astra Space shares are held by institutional investors. By comparison, 57.5% of the shares of all “transportation services” companies are held by institutional investors. 36.6% of Astra Space shares are held by insiders. By comparison, 21.7% of the shares of all “transportation services” companies are held by insiders. Strong institutional ownership indicates that hedge funds, large money managers, and endowments believe a stock is poised for long-term growth.
Analyst Recommendations
This is a breakdown of recent ratings and recommendations for Astra Space and its competitors, as provided by MarketBeat.
Sales Ratings | Hold odds | Buy reviews | Strong buy odds | Rating | |
Astra space | 1 | 0 | 1 | 0 | 2.00 |
Astra space competitors | 197 | 1024 | 1719 | 44 | 2.54 |
Astra Space currently has a consensus price target of $5.00, indicating a potential upside of 61.81%. As a group, the “transportation services” companies have an upside potential of 32.24%. Considering Astra Space’s possible higher upside, stock analysts clearly believe that Astra Space is more favorable than its competitors.
Benefits and evaluation
This table compares the revenue, earnings per share and valuation of Astra Space and its competitors.
Gross revenue | Net revenue | Price/earnings ratio | |
Astra space | N / A | -$257.78 million | -2.92 |
Astra space competitors | $3.48 billion | $133.20 million | 20.80 |
Astra Space’s competitors have higher revenues and profits than Astra Space. Astra Space trades at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares the net margins, return on equity and return on assets of Astra Space and its competitors.
Net margins | Return on equity | return on assets | |
Astra space | N / A | -44.55% | -37.55% |
Astra space competitors | -1,925.11% | -96.35% | -5.75% |
Volatility and risk
Astra Space has a beta of 1.29, suggesting that its stock price is 29% more volatile than the S&P 500. Comparatively, Astra Space’s competitors have a beta of 3.34, suggesting that their average price is 234% more volatile than the S&P 500.
Summary
Astra Space’s competitors beat Astra Space on 8 of the 12 factors compared.
About Astra Space (Get a rating)
Astra Space, Inc. designs, tests, manufactures, launches and operates space products and services. The company also designs, tests, manufactures and operates propulsion modules that enable satellites to orbit in space. Its customers are primarily satellite operators, satellite manufacturers, government agencies and defense contractors. The company was incorporated in 2016 and is headquartered in Alameda, California.
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