Astra Space Inc (ASTR): From an article in Market Realist 4/13:...

S&P 500

US TECH 100

Dow Jones

Brent Oil

Bitcoin

Astra Space Inc (ASTR)

Reply Private New

Keep Last Read

Next 10 Prev Next

Send PM Follow Ignore

Followers	23
Posts	13194
Boards Moderated	0
Alias Born	07/10/2003

Re: None

Thursday, 04/29/2021 10:49:48 PM

Thursday, April 29, 2021 10:49:48 PM

From an article in Market Realist 4/13:

HOL SPAC stock looks like a good buy.

HOL valued Astra at a pro forma implied equity value of $2.61 billion. Meanwhile, at HOL’s current stock price, Astra is valued at around $2.74 billion. After adjusting for its pro forma $482 million net cash, it would have a pro forma enterprise value of $2.26 billion. Based on this enterprise value and Astra’s projected sales, its valuation multiples come at 565x (2021 sales), 34x (2022 sales), and 8.8x (2023 sales), respectively. The company’s 2025 EV-to-sales multiple of 1.5x looks much more attractive.

The fall in HOL stock has made it look attractive for investors who are looking at a long-term bet on the space market. Overall, HOL stock looks like a good stock to buy with the price now trading very near the IPO price of $10.

How to Play HOL SPAC Stock, Astra Merger Date Nears

Keep Last Read

Next 10 Prev Next

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:

1D
1M
3M
6M
1Y
5Y

Detailed Quote

Recent ASTR News

Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 03/11/2024 08:42:32 PM
Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 08:12:53 PM
Astra Space, Inc. to be Taken Private • Business Wire • 03/07/2024 08:10:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 10:17:02 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 01:13:17 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 01:06:51 AM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/27/2024 02:32:56 AM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/27/2024 02:31:59 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 01:31:24 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 01:25:06 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 01:20:37 AM
Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2024 01:01:03 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 10:22:54 PM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/23/2024 10:21:37 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 05:03:44 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 09:11:34 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/01/2023 09:05:56 PM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/27/2023 11:39:56 AM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/27/2023 11:38:57 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/25/2023 02:54:00 AM

More ASTR News

InvestorsHub NewsWire

Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM

Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM

Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM

Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM

North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM

Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM

Start posting your company's news

Only $200 per official company press release!

InvestorsHub community

Register for free to join our community of investors and share your ideas

You'll also get access to streaming quotes, interactive charts, trades, portfolio, live options flow