What Should Be Your Stance on ATRO Stock Ahead of Q4 Earnings?
Astronics Corporation (ATRO) is projected to report improved Q4 2025 earnings, with Zacks estimating 60 cents per share, a 25% year-over-year increase. The company has a strong track record of beating earnings estimates and a positive Earnings ESP, suggesting a likely beat for the upcoming report. This optimistic outlook is driven by strong demand in aerospace and defense markets, strategic margin enhancement initiatives, and an attractive valuation.
Astronics (ATRO) to Release Quarterly Earnings on Tuesday
Astronics (NASDAQ: ATRO) is scheduled to release its Q4 2025 earnings after market close on Tuesday, February 24th, with analysts projecting $0.60 EPS and $237.105 million in revenue. The company's stock opened at $76.94, trading with a negative P/E ratio and high debt-to-equity. Institutional investors hold a significant stake, and analysts largely rate the stock as "Buy", with an average price target of $66.67.
Here's How R&D Spending Powers ATRO's Long-Term Profitability
Astronics Corporation (ATRO) relies heavily on R&D to maintain its competitive edge and ensure long-term profitability in the aerospace, defense, and electronics industries. Continuous innovation allows ATRO to differentiate its offerings, secure long-term contracts, and capitalize on growing demand in both defense and commercial aerospace sectors. This strategic investment in R&D translates to a robust backlog, improved financial performance, and sustained value creation for the company.
Astronics (OTCMKTS:ATROB) Shares Gap Up - Should You Buy?
Astronics (OTCMKTS:ATROB) shares gapped up before market open due to positive price momentum, trading above its 50-day and 200-day moving averages. Despite mixed fundamentals such as a high debt-to-equity ratio and negative P/E, the aerospace and defense technology provider shows reasonable liquidity. Analysts currently rate Astronics as "Hold," suggesting other stocks might be better buys.
Astronics at TD Cowen Conference: Strategic Growth and Challenges
Astronics Corporation presented at the TD Cowen 47th Annual Aerospace & Defense Conference, highlighting its strong recovery post-pandemic with revenue projected to near $1 billion in 2026 and an anticipated growth rate of 10-15%. The company emphasized its strategic focus on in-flight entertainment, connectivity solutions, and the FLRAA military program, while also exploring M&A opportunities and managing debt effectively. CEO Peter Gundermann and CFO Nancy Hedges discussed record backlogs, improved supply chains, the transition to LEO satellite technologies, and the potential for wireless charging in aircraft cabins.
Press Release: Astronics Corporation Announces Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call and Webcast
Astronics Corporation announced its Fourth Quarter and Fiscal Year 2025 financial results conference call and webcast. The announcement, published by Dow Jones, also noted Unity Software's Q4 earnings, which showed a 35% year-over-year revenue increase to $609 million, surpassing analyst estimates, despite reporting a quarterly loss of 66 cents per share. Investors are directed to log in or create an account to view the full news.
Astronics schedules Feb. 24 call on 2025 Q4 and full-year results
Astronics Corporation announced it will release its fourth quarter and fiscal year 2025 financial results after market close on Tuesday, February 24, 2026. The company will host a conference call and webcast on the same day at 4:45 p.m. Eastern Time to discuss the results, corporate strategies, and outlook, followed by a Q&A session. A telephonic replay will be available until March 10, 2026.
Astronics (OTCMKTS:ATROB) Shares Gap Down - Here's What Happened
Astronics (OTCMKTS:ATROB) experienced a pre-market gap down, opening at $70.86 from a previous close of $76.88 and last trading at $72.00, marking a 1.7% decrease with a trading volume of 1,133 shares. The company, which supplies advanced aerospace and defense technologies, has a market capitalization of $2.57 billion and a negative P/E ratio of -799.91, alongside a high debt-to-equity ratio of 3.07. Despite these financial metrics, Astronics maintains liquidity with quick and current ratios of 1.56 and 2.87 respectively.
Astronics Trading Near 52-Week High: Should You Bet on the Stock Now?
Astronics (ATRO) is trading near its 52-week high, having gained 146.7% in the past six months, outperforming its industry and sector. The company benefits from strong demand in the aerospace and defense sectors, a compelling product portfolio, and a strong balance sheet. Analysts are optimistic about its future growth, with projected increases in both revenues and earnings for 2026.
Astronics Trading Near 52-Week High: Should You Bet on the Stock Now?
Astronics Corporation (ATRO) is trading near its 52-week high, having gained 146.7% in the past six months, outperforming its industry and the S&P 500. The company, a leading provider for the aerospace and defense industries, is considered undervalued with a bullish trend and strong growth prospects. Analyst sentiment for ATRO's 2026 revenues and earnings is optimistic, making it a strong candidate for investment.
Astronics, Great Lakes Dredge & Dock, Enphase, Viavi Solutions, and Mayville Engineering Shares Skyrocket, What You Need To Know
Several stocks, including Astronics, Great Lakes Dredge & Dock, Enphase, Viavi Solutions, and Mayville Engineering, saw significant gains after a broad market rebound. This rally was attributed to a recovery in tech stocks, a stabilization in Bitcoin, improved U.S. consumer sentiment, and massive AI-related capital expenditures benefiting chipmakers. The Dow Jones Industrial Average also surged, crossing the 50,000 threshold for the first time.
Aerospace firm Astronics targets up to $990M 2026 sales after $861M 2025
Astronics Corporation released preliminary unaudited financial results for Q4 and full year 2025, reporting $861.5 million in revenue for the full year and an 18% adjusted EBITDA margin for Q4. The company reaffirmed its 2026 revenue guidance, targeting between $950 million and $990 million, representing a 10% to 15% increase over 2025. Astronics also announced plans to webcast its presentation at the TD Cowen Aerospace & Defense Conference on February 12, 2026.
Investors Will Want Astronics' (NASDAQ:ATRO) Growth In ROCE To Persist
Astronics (NASDAQ:ATRO) has demonstrated promising trends in its Return on Capital Employed (ROCE) over the past five years, showing a significant increase of 1,165% while utilizing roughly the same amount of capital. This indicates improved business efficiencies and a compounding machine capable of reinvesting earnings for higher returns. The company's ROCE stands at 9.7%, which is close to the Aerospace & Defense industry average, and investors have seen a remarkable 384% total return on the stock in the last five years, suggesting expectations for continued growth.
Astronics (NASDAQ:ATRO) Stock Rating Upgraded by Zacks Research
Zacks Research has upgraded Astronics (NASDAQ:ATRO) from a "hold" to a "strong-buy" rating. Despite this, the stock opened trading down about 7.5% at $74.37, though it has a consensus "Buy" rating from analysts with an average target price of $66.67. The company recently exceeded quarterly EPS estimates but faces challenges including a negative P/E ratio and a high debt-to-equity ratio of 3.07.
Astronics (NASDAQ:ATRO) Sets New 12-Month High - Time to Buy?
Astronics (NASDAQ:ATRO) recently reached a new 52-week high of $81.89, with shares up approximately 3% on the day. Despite analyst ratings like "Moderate Buy" and a consensus price target below its current trading price, the company exceeded quarterly EPS and revenue estimates. However, Astronics exhibits mixed fundamentals with a negative net margin, negative P/E, and high leverage, raising questions about its continued rally.
Will Astronics (ATRO) Beat Estimates Again in Its Next Earnings Report?
Astronics Corporation (ATRO) is positioned for another earnings beat in its upcoming quarterly report, building on a strong history of surpassing estimates. The company has a positive Zacks Earnings ESP of +4.75% and a Zacks Rank #1 (Strong Buy), indicating a high probability of exceeding consensus estimates. This analysis suggests that recent analyst revisions are bullish on Astronics' earnings prospects.
Astronics (ATRO) Strengthens Aerospace Diagnostics with FaultFinder ETS Launch
Astronics (ATRO) recently launched its FaultFinder Electronic Troubleshooting System, a new diagnostics tool designed to enhance efficiency in aerospace maintenance by accurately identifying system faults and generating schematics. This launch follows Truist raising its price target on ATRO due to a strong outlook for the aerospace market, although the firm cautions investors about high sector valuations. Astronics specializes in designing and manufacturing aerospace and defense systems.
Astronics (ATRO) Strengthens Aerospace Diagnostics with FaultFinder ETS Launch
Astronics Corporation (NASDAQ: ATRO) recently launched its FaultFinder Electronic Troubleshooting System, a compact diagnostic tool that enhances workflow efficiency in aerospace and defense systems. This launch, coupled with Truist raising its price target on ATRO due to strong aerospace demand, indicates a positive outlook for the company's market position. However, the firm advises selectivity among investors due to high valuations in the sector.
Astronics vs. AAR: Which is the Stronger Aerospace Services Stock?
The article analyzes Astronics (ATRO) and AAR (AIR) to determine which is a stronger aerospace services stock, given rising global aircraft deliveries and increasing demand for maintenance services. It highlights Astronics' strong performance in defense and commercial aerospace, supported by significant order backlogs and a positive preliminary outlook for 2026. While AAR also shows solid financial results and growth in MRO and technology initiatives, Astronics is deemed to have stronger near-term outperformance potential due to its growth visibility and higher Zacks Rank.
Astronics vs. AAR: Which is the Stronger Aerospace Services Stock?
The article analyzes Astronics Corporation (ATRO) and AAR Corp. (AIR) as aerospace services stocks, comparing their financial performance, market conditions, and future outlook. While both companies benefit from the growing aviation services industry, Astronics is identified as the stronger near-term pick due to better growth visibility, solid order momentum, and an improving earnings outlook compared to AAR. Astronics currently holds a Zacks Rank #1 (Strong Buy), while AAR has a Zacks Rank #2 (Buy).
Is Astronics (ATRO) Outperforming Other Aerospace Stocks This Year?
Astronics Corporation (ATRO) has shown a strong year-to-date performance, returning 41.2% and slightly outperforming the broader Aerospace sector's average gain of 40%. The company currently holds a Zacks Rank of #1 (Strong Buy), with its full-year earnings estimates increasing by 12.5% over the past quarter. While ATRO has outperformed its sector, it slightly underperformed its specific industry, Aerospace - Defense Equipment, which gained 48.7%.
Astronics Corp. (OTCMKTS:ATROB) Short Interest Update
Astronics Corp. (OTCMKTS:ATROB) experienced a significant 82.8% decline in short interest during January, falling to 2,393 shares as of January 15th. The company's stock recently traded near its 12-month high at $77.50, has a market cap of $2.76 billion, and beat its quarterly EPS estimates in November, despite a slight revenue miss and negative P/E ratio. Astronics is a global provider of advanced technology solutions for the aerospace and defense industries.
Pier 88 Investment Partners LLC Acquires Shares of 14,430 Astronics Corporation $ATRO
Pier 88 Investment Partners LLC initiated a new position in Astronics Corporation (NASDAQ:ATRO) during the third quarter, acquiring 14,430 shares valued at approximately $658,000. This move contributes to the overall institutional ownership of 56.68% for Astronics, with other funds also increasing their stakes. The company recently surpassed Q3 EPS estimates and holds a "Moderate Buy" consensus analyst rating.
3 Big Reasons to Love Astronics (ATRO)
Astronics (ATRO) has seen its stock price surge by 125% in the last six months due to solid quarterly results. The article highlights three key reasons for its strong performance: skyrocketing revenue growth (12.9% annualized), increasing free cash flow margin (6.1% TTM), and a jump in Return on Invested Capital (ROIC) due to new investments. Despite trading at 31.5x forward P/E, the article suggests these factors make ATRO a noteworthy stock.
Astronics (NASDAQ:ATRO) Has A Pretty Healthy Balance Sheet
Astronics Corporation (NASDAQ:ATRO) carries a net debt of US$320.5 million, an increase from US$179.0 million last year, but its market capitalization of US$2.70 billion suggests these liabilities are manageable. The company's EBIT grew by 115% last year, and it generates strong free cash flow, indicating a healthy financial position despite the debt. While debt levels are something to monitor, Astronics appears capable of handling its current leverage.
Astronics Corporation stock hits all-time high at 75.81 USD
Astronics Corporation (ATRO) stock has reached an all-time high of $75.81, reflecting a 341.35% increase over the past year and 114.36% in the last six months, pushing its market cap to $2.69 billion. Despite the stock being in overbought territory according to its RSI, analysts maintain a "Buy" recommendation and expect the company to return to profitability this year. Recent positive developments include surpassing Q3 2025 earnings expectations, upgraded price targets from Craig-Hallum, and new "Buy" coverage from TD Cowen.
Astronics (NASDAQ:ATRO) Sets New 52-Week High - Should You Buy?
Astronics (NASDAQ:ATRO) reached a new 52-week high of $76.14, trading up approximately 2.5% on Wednesday. The company's recent earnings beat analyst estimates, reporting $0.49 EPS against a $0.42 consensus, and its revenue also exceeded expectations. Despite mixed analyst ratings, with a consensus of "Moderate Buy" and an average target price of $66.67, the stock has strong institutional ownership at nearly 57% and a positive return on equity of 29.65%.
Nordea Investment Management AB Takes Position in Astronics Corporation $ATRO
Nordea Investment Management AB has acquired a new stake in Astronics Corporation (NASDAQ:ATRO), purchasing 92,185 shares valued at approximately $4.14 million. This move contributes to institutional investors collectively owning about 56.68% of the company. Astronics, which recently beat its earnings estimates, is trading near its 52-week high, and analysts have a "Moderate Buy" consensus rating with an average target price of $66.67.
Why Astronics Can Keep Flying Higher (NASDAQ:ATRO)
Astronics Corporation has experienced a significant rebound, with its stock rallying 250% from April lows due to normalizing EBITDA following the pandemic and Boeing MAX disruptions. The company is positioned for multi-year free cash flow growth driven by commercial aircraft retrofit demand, two major U.S. Army contracts, and a growing Test segment. Despite premium valuations, strong operating leverage and sector tailwinds suggest further upside for long-term investors.
Astronics Corporation (NASDAQ:ATRO) Given Average Rating of "Moderate Buy" by Analysts
Seven analysts have issued an average rating of "Moderate Buy" for Astronics Corporation (NASDAQ:ATRO), with a consensus 1-year target price of $66.67. The company's stock opened at $71.58, near its 52-week high, and institutional investors hold 56.68% of the shares. Despite beating quarterly EPS estimates, Astronics has a negative net margin and a high debt-to-equity ratio.
Astronics Touts Record Q4, Near-Record Backlog, Reiterates 10%-15% 2026 Growth at CJS Conference
Astronics reported a record fourth-quarter revenue of $236–239 million and a preliminary 2025 revenue near $860 million. The company entered 2026 with a near-record backlog of $669 million and reiterated its preliminary 2026 guidance for 10% to 15% revenue growth, expecting to reach the higher end. Astronics, primarily an aerospace business (90% revenue from aerospace, 70% commercial), highlighted inflight entertainment and connectivity (IFEC) as a core growth driver, making up about 50% of sales.
Astronics Corporation stock hits all-time high of 67.59 USD
Astronics Corporation's stock reached an all-time high of $67.59, marking a significant milestone driven by strong demand in the aerospace sector and strategic business developments, with a 312.41% return over the past year. Despite this growth, InvestingPro analysis suggests the stock may be overvalued and in overbought territory. Recent positive news includes exceeding Q3 2025 earnings expectations and increased price targets from analysts like Craig-Hallum and TD Cowen, citing strong market position and future growth potential for the aerospace electronics manufacturer.
Astronics (NASDAQ:ATRO) Trading Down 6.2% - Here's What Happened
Astronics (NASDAQ:ATRO) saw its stock price drop by 6.2% on Tuesday, with approximately 653,756 shares traded, a 36% decrease from its average daily volume. Despite mixed analyst sentiment, the company holds an overall "Moderate Buy" consensus with an average price target of $66.67. The aerospace firm recently exceeded earnings expectations, reporting an EPS of $0.49 against an estimated $0.42, and revenue of $211.45 million, slightly above the $210.80 million projection, but still faces a negative net margin and high debt-to-equity ratio.
Astronics Corporation stock hits all-time high of 67.59 USD By Investing.com
Astronics Corporation (ATRO) stock has reached an all-time high of $67.59, driven by strong performance and investor confidence in the aerospace sector. Although the stock is trading just below its 52-week high, InvestingPro analysis suggests it may be overvalued and in overbought territory. The company recently reported strong Q3 2025 earnings and received increased price targets from analysts, reflecting positive outlooks for its future growth.
Hennion & Walsh Asset Management Inc. Purchases 19,029 Shares of Astronics Corporation $ATRO
Hennion & Walsh Asset Management Inc. increased its stake in Astronics Corporation (NASDAQ:ATRO) by 75.7% during the third quarter, acquiring an additional 19,029 shares to hold a total of 44,166 shares valued at $2.01 million. Astronics shares recently traded up 11.3% near their 52-week high, reaching $64.81. The company has a current market cap of $2.31 billion and recently beat quarterly earnings expectations with an EPS of $0.49 against an estimated $0.42.
ATRO Outperforms Industry in a Month: How to Play the Stock?
Astronics Corporation (ATRO) stock has significantly outperformed its industry and the S&P 500 in the past month, driven by strong demand in defense and commercial aerospace markets. The company's preliminary 2025 results show solid revenue growth and a positive outlook for 2026, with discounted valuation and strong liquidity. However, investors are cautioned about ongoing supply chain challenges in the aerospace and defense sector.
Astronics (ATRO) stock rises again after Q4 revenue update and 2026 sales forecast
Astronics (ATRO) stock saw a significant rise following its Q4 revenue update, which exceeded earlier guidance, and a positive 2026 sales forecast. The company reported unaudited Q4 revenue between $236 million and $239 million, with bookings around $257 million, leading to a full-year 2025 revenue of approximately $860 million. Management projects 2026 revenue between $950 million and $990 million, indicating continued momentum, though investors await the full audited report for further details on margins and cash flow.
Astronics stock price target raised to $80 from $68 at Craig-Hallum
Craig-Hallum has increased its price target for Astronics (NASDAQ:ATRO) to $80.00 from $68.00, reiterating a Buy rating due to anticipated improved performance in fiscal year 2026. The firm highlighted Astronics' reacceleration to 14% revenue growth in Q4 and its FY26 guidance projecting 10-15% growth. This optimistic outlook is also supported by recent Q3 2025 earnings exceeding expectations and new coverage from TD Cowen with a Buy rating.
Astronics stock jumps as ATRO beats Q4 revenue target, rolls out 2026 sales outlook
Astronics Corp (ATRO.O) shares rose about 8.5% after the aerospace supplier exceeded its preliminary fourth-quarter revenue target and provided a strong 2026 revenue outlook. The company reported preliminary unaudited Q4 revenue between $236 million and $239 million, surpassing its previous guidance, and set initial 2026 revenue guidance at $950 million to $990 million, indicating continued growth. Investors are now awaiting further details on margins, cash flow, and backlog during management's upcoming conference appearances.
Astronics Smashes 52-Week High On Strong Outlook
Astronics (NASDAQ: ATRO) announced strong preliminary fourth-quarter 2025 revenues, exceeding guidance and analyst estimates, driven by robust aerospace and defense demand. The company projects continued momentum and growth for 2026, with revenue guidance of $950 million to $990 million, implying a 10% to 15% increase over 2025. Astronics' stock price soared by over 9%, hitting a new 52-week high, reflecting investor confidence in its outlook and strategic expansions.
Neogen Reports Robust Second Quarter Results, Rises Alongside Astronics, Lockheed Martin, Constellation Brands, and Other Major Stocks Gaining on Thursday
Neogen Corp (NASDAQ: NEOG) saw a significant stock increase after reporting strong second-quarter results, surpassing analyst expectations, and raising its full-year 2026 sales outlook. Other companies like Enliven Therapeutics Inc (NASDAQ: ELVN), MoonLake Immunotherapeutics (NASDAQ: MLTX), and Babcock & Wilcox Enterprises Inc (NYSE: BW) also experienced substantial gains due to positive clinical trial data, FDA feedback, and new contracts. The defense sector, including Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC), saw advancements following President Trump's suggestion to increase the defense budget.
Neogen Posts Strong Q2 Earnings, Joins Astronics, Lockheed Martin, Constellation Brands And Other Big Stocks Moving Higher On Thursday
Neogen Corp (NASDAQ: NEOG) shares surged after reporting stronger-than-expected Q2 financial results and raising its FY26 sales guidance. Several other companies also saw significant stock gains, including Enliven Therapeutics (NASDAQ: ELVN) due to positive clinical trial data, MoonLake Immunotherapeutics (NASDAQ: MLTX) on FDA feedback, and Applied Digital (NASDAQ: APLD) which exceeded earnings estimates. Defense stocks like Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) also climbed following discussions about increased defense spending.
Neogen Reports Robust Second Quarter Results, Rises Alongside Astronics, Lockheed Martin, Constellation Brands, and Other Major Stocks Gaining on Thursday
Neogen Corp (NASDAQ: NEOG) saw its stock surge 28% after reporting second-quarter results that exceeded analyst expectations and raising its full-year 2026 sales outlook. The company announced adjusted earnings of $0.10 per share and revenue of $224.7 million, both higher than anticipated. Several other companies, including Enliven Therapeutics and Lockheed Martin Corp, also experienced significant stock gains due to positive clinical trial data, new contracts, or strong financial reports, with Lockheed Martin benefiting from proposed defense budget increases.
Aerospace supplier Astronics expects 2026 sales to outpace 2025
Astronics Corporation announced preliminary unaudited fourth-quarter revenue for 2025 exceeded guidance, reaching $236 million to $239 million, contributing to a full-year revenue of approximately $860 million. The company initiated 2026 revenue guidance between $950 million and $990 million,
Astronics (OTCMKTS:ATROB) Sets New 52-Week High - Should You Buy?
Astronics (OTCMKTS:ATROB) recently hit a new 52-week high of $58.34, with its share price closing at $58.25. The aerospace company reported mixed quarterly results, beating EPS estimates with $0.49 but slightly missing revenue expectations at $211.45 million. While the company demonstrates strong liquidity and return on equity, it also shows a high debt-to-equity ratio and a negative trailing P/E.
Zacks.com featured highlights include Astronics, Great Lakes Dredge & Dock, Natural Gas Services and Strattec Security
This article highlights four stocks—Astronics, Great Lakes Dredge & Dock, Natural Gas Services, and Strattec Security—that exhibit strong cash flow momentum, making them compelling investment picks for 2026. Emphasizing the critical role of consistent cash generation over mere profits, the piece details how these companies effectively manage capital, fund growth, and maintain financial flexibility. It provides brief overviews of each company and their improved earnings per share estimates, suggesting their financial health and growth potential.
Aerospace supplier Astronics opens two January investor events online
Astronics Corporation announced that its Chairman, President and CEO, Peter J. Gundermann, and CFO, Nancy L. Hedges, will participate in two upcoming investor conferences in January 2026. They will host meetings and deliver presentations at the 28th Annual Needham Growth Conference and the CJS Securities 26th Annual "New Ideas for the New Year" virtual conference. Webcasts and replays of both presentations will be available online for interested investors.
Zacks.com featured highlights include Astronics, Great Lakes Dredge & Dock, Natural Gas Services and Strattec Security
This article highlights four stocks—Astronics, Great Lakes Dredge & Dock, Natural Gas Services, and Strattec Security—that show strong and improving cash flow momentum for 2026. The identified companies exhibit consistent cash generation, which is crucial for operational sustainability, funding growth initiatives, and maintaining financial flexibility. The piece emphasizes that increasing cash flow signifies effective capital management and reduces reliance on external financing, making these stocks compelling picks for investors.
Zacks.com featured highlights include Astronics, Great Lakes Dredge & Dock, Natural Gas Services and Strattec Security
This article highlights four stocks—Astronics Corp. (ATRO), Great Lakes Dredge & Dock Corp. (GLDD), Natural Gas Services Group, Inc. (NGS), and Strattec Security Corp. (STRT)—that demonstrate strong and improving cash flow momentum for 2026. The emphasis is on a company's net cash flow as a critical indicator of its financial health, ability to fund growth, and resilience during market volatility, making these companies compelling investment picks. The stocks are recommended based on efficiency in regulating cash movements and reduced dependency on external financing.
Is Astronics (NASDAQ:ATRO) A Risky Investment?
Astronics Corporation's debt levels are under scrutiny, with the company holding US$334.0m in debt as of September 2025, offset by US$13.5m in cash, leading to a net debt of US$320.5m. Despite a debt-to-EBITDA ratio of 4.4 and EBIT covering interest expenses 3.9 times, the company's impressive 115% EBIT growth over the last 12 months suggests it can manage its current leverage. The article concludes that while the leverage can boost shareholder returns, the balance sheet warrants monitoring due to the potential for increased risk.
