share_log

Head-To-Head Contrast: Astrea Acquisition (NASDAQ:ASAX) & Astra Space (NASDAQ:ASTR)

Defense World ·  Feb 8, 2023 17:12

Astrea Acquisition (NASDAQ:ASAX – Get Rating) and Astra Space (NASDAQ:ASTR – Get Rating) are both small-cap business services companies, but which is the better business? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.

Earnings and Valuation

This table compares Astrea Acquisition and Astra Space's top-line revenue, earnings per share and valuation.

Get Astrea Acquisition alerts:
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Astrea Acquisition N/A N/A -$1.63 million N/A N/A
Astra Space $9.37 million 19.44 -$257.78 million ($1.59) -0.43

Astrea Acquisition has higher earnings, but lower revenue than Astra Space.

Insider & Institutional Ownership

76.2% of Astrea Acquisition shares are owned by institutional investors. Comparatively, 34.4% of Astra Space shares are owned by institutional investors. 21.0% of Astrea Acquisition shares are owned by insiders. Comparatively, 36.5% of Astra Space shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and recommmendations for Astrea Acquisition and Astra Space, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Astrea Acquisition 0 0 0 0 N/A
Astra Space 1 1 0 0 1.50

Astra Space has a consensus target price of $2.50, suggesting a potential upside of 267.11%. Given Astra Space's higher probable upside, analysts plainly believe Astra Space is more favorable than Astrea Acquisition.

Risk and Volatility

Astrea Acquisition has a beta of 0.02, suggesting that its stock price is 98% less volatile than the S&P 500. Comparatively, Astra Space has a beta of 2.26, suggesting that its stock price is 126% more volatile than the S&P 500.

Profitability

This table compares Astrea Acquisition and Astra Space's net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Astrea Acquisition N/A -293.29% -0.81%
Astra Space N/A -81.66% -64.56%

Summary

Astra Space beats Astrea Acquisition on 5 of the 8 factors compared between the two stocks.

About Astrea Acquisition

(Get Rating)

Astrea Acquisition Corp. does not have significant operations. It intends to enter a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company focuses on the businesses in the food and beverage/hospitality, financial services, technology, consumer, real estate and transportation, telecom and media, and industrial sectors. The company was incorporated in 2020 and is based in Key Biscayne, Florida.

About Astra Space

(Get Rating)

Astra Space, Inc., a space launch company, designs, tests, manufactures, and operates launch services, and 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 and manufacturers, government agencies, and defense prime contractors. The company was founded in 2016 and is headquartered in Alameda, California.

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

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment