Astec Inds Earnings Estimate

ASTE -  USA Stock  

USD 52.48  0.70  1.32%

Many public companies, such as Astec Inds, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Astec Inds' earnings estimates, investors can diagnose different trends across Astec Inds' analyst sentiment over time as well as compare current estimates against different timeframes.
Astec Inds is projected to generate 1.95 in earnings per share on the 31st of December 2021. Astec Inds earnings estimates module stress-tests analyst consensus about projected Astec Inds EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please continue to Trending Equities.

Astec Earnings Estimates 

 
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The current year Gross Profit is expected to grow to about 250.5 M, whereas Profit Margin is forecasted to decline to 0.0371.

Astec Inds Earnings Estimation Breakdown

Calculation of earning per share of Astec Inds is based on official Zacks consensus of 2 analysts regarding Astec Inds future annual earnings. Given the historical accuracy of 25.33%, the future earnings per share of Astec Inds is estimated to be 1.95 with the lowest and highest values of 1.89 and 2.0, respectively. Please note that this consensus of annual earnings estimates for Astec Inds is an estimate of EPS before non-recurring items and including employee stock options expenses
Current EPS
1.52
27th of October 2021
1.89
Lowest
Estimated EPS
1.95
2.00
Highest

Astec Inds Earnings Projection Consensus

Suppose the current estimates of Astec Inds' value are higher than the current market price of the Astec Inds stock. In this case, investors may conclude that Astec Inds is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Astec Inds' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

2

25.33%

1.52

1.95

Astec Inds Earnings History

Earnings estimate consensus by Astec Inds analysts from Wall Street is used by the market to judge Astec Inds' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Astec Inds' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Astec Inds Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

19 MillionShare
Astec Inds Earnings per Basic Share are projected to slightly decrease based on the last few years of reporting. The past year's Earnings per Basic Share were at 2.08. The current year Earnings per Diluted Share is expected to grow to 2.21, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 66.8 M. Astec Inds Issuance Purchase of Equity Shares is projected to decrease significantly based on the last few years of reporting. The past year's Issuance Purchase of Equity Shares was at 270,000.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astec Inds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Astec Inds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.7852.4454.10
Details
Intrinsic
Valuation
LowReal ValueHigh
47.2360.4662.12
Details
Naive
Forecast
LowNext ValueHigh
51.2852.9454.61
Details
3 Analysts
Consensus
LowTarget PriceHigh
72.0082.0092.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astec Inds. Your research has to be compared to or analyzed against Astec Inds' peers to derive any actionable benefits. When done correctly, Astec Inds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astec Inds.
Note that many institutional investors and large investment bankers can move markets due to the volume of Astec assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Astec Inds. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Astec stock price in the short term.

Astec Inds Earnings per Share Projection vs Actual

Actual Earning per Share of Astec Inds refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Astec Inds predict the company's earnings will be in the future. The higher the earnings per share of Astec Inds, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Astec Inds Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Astec Inds, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Astec Inds should always be considered in relation to other companies to make a more educated investment decision.

Astec Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Astec Inds' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-08-04
2021-06-300.550.49-0.0610 
2021-05-05
2021-03-310.82750.41-0.417550 
2021-03-01
2020-12-310.41750.560.142534 
2020-11-04
2020-09-300.10670.20.093387 
2020-08-05
2020-06-300.230.670.44191 
2020-05-06
2020-03-310.3850.580.19550 
2020-03-04
2019-12-310.410.4-0.01
2019-10-29
2019-09-300.2560.17-0.08633 
2019-07-23
2019-06-300.41330.36-0.053312 
2019-04-23
2019-03-310.820.63-0.1923 
2019-03-01
2018-12-310.570.610.04
2018-10-23
2018-09-300.590.3-0.2949 
2018-07-24
2018-06-300.90831.030.121713 
2018-04-24
2018-03-310.87140.87-0.0014
2018-02-20
2017-12-310.44380.4235-0.0203
2017-10-24
2017-09-30-0.1043-0.12-0.015715 
2017-07-25
2017-06-300.80140.62-0.181422 
2017-04-25
2017-03-310.660.65-0.01
2017-02-21
2016-12-310.53130.53-0.0013
2016-10-25
2016-09-300.35170.3-0.051714 
2016-07-26
2016-06-300.74890.790.0411
2016-04-26
2016-03-310.71110.770.0589
2016-02-23
2015-12-310.35560.16-0.195655 
2015-10-20
2015-09-300.270.1-0.1762 
2015-07-21
2015-06-300.690.51-0.1826 
2015-04-21
2015-03-310.570.650.0814 
2015-02-24
2014-12-310.360.370.01
2014-10-21
2014-09-300.420.08-0.3480 
2014-07-22
2014-06-300.630.630
2014-04-22
2014-03-310.550.41-0.1425 
2014-02-25
2013-12-310.310.360.0516 
2013-10-22
2013-09-300.370.28-0.0924 
2013-07-23
2013-06-300.550.48-0.0712 
2013-04-23
2013-03-310.540.570.03
2013-02-26
2012-12-310.380.23-0.1539 
2012-10-26
2012-09-300.420.3-0.1228 
2012-07-24
2012-06-300.670.45-0.2232 
2012-04-24
2012-03-310.610.53-0.0813 
2012-02-21
2011-12-310.390.410.02
2011-10-25
2011-09-300.50.38-0.1224 
2011-07-25
2011-06-300.590.680.0915 
2011-04-25
2011-03-310.420.440.02
2011-02-22
2010-12-310.220.260.0418 
2010-10-19
2010-09-300.240.320.0833 
2010-07-20
2010-06-300.390.450.0615 
2010-04-20
2010-03-310.210.390.1885 
2010-02-23
2009-12-310.12-0.08-0.2166 
2009-10-20
2009-09-300.310.15-0.1651 
2009-07-20
2009-06-300.40.34-0.0615 
2009-04-21
2009-03-310.30.330.0310 
2009-02-24
2008-12-310.470.38-0.0919 
2008-10-21
2008-09-300.550.710.1629 
2008-07-21
2008-06-300.950.93-0.02
2008-04-22
2008-03-310.770.780.01
2008-02-26
2007-12-310.410.50.0921 
2007-10-22
2007-09-300.690.51-0.1826 
2007-07-23
2007-06-300.740.830.0912 
2007-04-24
2007-03-310.690.690
2007-02-27
2006-12-310.220.290.0731 
2006-10-23
2006-09-300.420.460.04
2006-07-24
2006-06-300.670.56-0.1116 
2006-04-24
2006-03-310.490.50.01
2006-02-28
2005-12-310.130.05-0.0861 
2005-10-24
2005-09-300.330.3-0.03
2005-07-20
2005-06-300.430.490.0613 
2005-04-20
2005-03-310.360.33-0.03
2005-03-01
2004-12-310.040.03-0.0125 
2004-10-20
2004-09-300.240.04-0.283 
2004-07-21
2004-06-300.270.310.0414 
2004-04-21
2004-03-310.10.270.17170 
2004-03-04
2003-12-31-1.27-1.230.04
2003-10-21
2003-09-300.06-0.04-0.1166 
2003-07-17
2003-06-300.050.01-0.0480 
2003-04-01
2003-03-31-0.53-0.520.01
2003-03-31
2002-12-31-0.53-0.520.01
2002-10-17
2002-09-30-0.07-0.070
2002-07-18
2002-06-300.150.12-0.0320 
2002-04-18
2002-03-310.190.230.0421 
2002-02-27
2001-12-31-0.35-0.350
2001-10-18
2001-09-30-0.08-0.070.0112 
2001-07-19
2001-06-300.290.25-0.0413 
2001-04-19
2001-03-310.210.270.0628 
2001-02-27
2000-12-310.150.08-0.0746 
2000-10-19
2000-09-300.270.17-0.137 
2000-07-20
2000-06-300.630.640.01
2000-04-20
2000-03-310.510.44-0.0713 
2000-02-22
1999-12-310.20.210.01
1999-10-13
1999-09-300.380.40.02
1999-07-15
1999-06-300.50.550.0510 
1999-04-15
1999-03-310.360.450.0925 
1999-02-22
1998-12-310.210.290.0838 
1998-10-15
1998-09-300.230.30.0730 
1998-07-16
1998-06-300.350.40.0514 
1998-04-16
1998-03-310.220.290.0731 
1997-10-16
1997-09-300.130.150.0215 
1997-07-17
1997-06-300.160.240.0850 
1997-04-17
1997-03-310.140.180.0428 
1997-02-24
1996-12-310.120.02-0.183 
1996-10-17
1996-09-300.050.050
1996-07-19
1996-06-300.120.11-0.01
1996-04-15
1996-03-310.080.140.0675 

About Astec Inds Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Astec Inds earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Astec Inds estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Astec Inds fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2021
Accumulated Retained Earnings Deficit545.2 M561.3 M
Earning Before Interest and Taxes EBIT46.4 M42.5 M
Earnings per Basic Share 2.08  2.24 
Earnings per Diluted Share 2.05  2.21 
Price to Earnings Ratio 27.83  28.25 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA73.3 M66.8 M
Earnings before Tax45.7 M41.8 M
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3537 people.

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Our tools can tell you how much better you can do entering a position in Astec Inds without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Astec Inds

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astec Inds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astec Inds will appreciate offsetting losses from the drop in the long position's value.

Astec Inds Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Astec Inds and Hyster Yale Materials. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to Trending Equities. Note that the Astec Inds information on this page should be used as a complementary analysis to other Astec Inds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Astec Inds' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astec Inds. If investors know Astec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astec Inds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Astec Inds is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Inds' value that differs from its market value or its book value, called intrinsic value, which is Astec Inds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astec Inds' market value can be influenced by many factors that don't directly affect Astec Inds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astec Inds' value and its price as these two are different measures arrived at by different means. Investors typically determine Astec Inds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Inds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.