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Comparing Virgin Galactic (NYSE:SPCE) and Astrea Acquisition (NASDAQ:ASAX)

Defense World ·  Oct 4, 2022 01:21

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

Analyst Ratings

This is a breakdown of current ratings for Virgin Galactic and Astrea Acquisition, as reported by MarketBeat.

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Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Virgin Galactic 6 4 0 0 1.40
Astrea Acquisition 0 0 0 0 N/A

Virgin Galactic presently has a consensus price target of $8.36, indicating a potential upside of 71.74%. Given Virgin Galactic's higher probable upside, equities research analysts clearly believe Virgin Galactic is more favorable than Astrea Acquisition.

Insider and Institutional Ownership

33.9% of Virgin Galactic shares are held by institutional investors. Comparatively, 76.1% of Astrea Acquisition shares are held by institutional investors. 0.7% of Virgin Galactic shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Volatility & Risk

Virgin Galactic has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500. Comparatively, Astrea Acquisition has a beta of 0.01, indicating that its stock price is 99% less volatile than the S&P 500.

Valuation and Earnings

This table compares Virgin Galactic and Astrea Acquisition's gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Virgin Galactic $3.29 million 382.96 -$352.90 million ($1.42) -3.43
Astrea Acquisition N/A N/A -$1.63 million N/A N/A

Astrea Acquisition has lower revenue, but higher earnings than Virgin Galactic.

Profitability

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

Net Margins Return on Equity Return on Assets
Virgin Galactic -9,801.09% -40.77% -27.70%
Astrea Acquisition N/A -293.29% -0.94%

Summary

Virgin Galactic beats Astrea Acquisition on 5 of the 9 factors compared between the two stocks.

About Virgin Galactic

(Get Rating)

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.

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.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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