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Astec Industries Earnings Estimate

ASTE Stock  USD 40.01  0.63  1.55%   
The next projected EPS of Astec Industries is estimated to be 0.86 with future projections ranging from a low of 0.79 to a high of 1.03. Astec Industries' most recent 12-month trailing earnings per share (EPS TTM) is at 1.47. Please be aware that the consensus of earnings estimates for Astec Industries is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Astec Industries is projected to generate 0.86 in earnings per share on the 31st of March 2024. Astec Industries earnings estimates module stress-tests analyst consensus about projected Astec Industries EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Astec Industries, 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 Industries' earnings estimates, investors can diagnose different trends across Astec Industries' analyst sentiment over time as well as compare current estimates against different timeframes. At present, Astec Industries' Operating Profit Margin is projected to slightly decrease based on the last few years of reporting. The current year's Gross Profit Margin is expected to grow to 0.25, whereas Pretax Profit Margin is forecasted to decline to 0.03.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.

Astec Industries Earnings Estimation Breakdown

The calculation of Astec Industries' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Astec Industries is estimated to be 0.86 with the future projection ranging from a low of 0.79 to a high of 1.03. Please be aware that this consensus of annual earnings estimates for Astec Industries is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.9
0.79
Lowest
Expected EPS
0.86
1.03
Highest

Astec Industries Earnings Projection Consensus

Suppose the current estimates of Astec Industries' value are higher than the current market price of the Astec Industries stock. In this case, investors may conclude that Astec Industries 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 Industries' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
852.64%
0.9
0.86
1.47

Astec Industries Earnings per Share Projection vs Actual

Actual Earning per Share of Astec Industries refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Astec Industries predict the company's earnings will be in the future. The higher the earnings per share of Astec Industries, 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 Industries Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Astec Industries, 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 Industries 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 Industries' 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
2024-02-28
2023-12-310.660.90.2436 
2023-11-01
2023-09-300.62-0.01-0.63101 
2023-08-02
2023-06-300.670.870.229 
2023-05-03
2023-03-310.520.90.3873 
2023-03-01
2022-12-310.370.34-0.03
2022-11-02
2022-09-300.30.28-0.02
2022-08-02
2022-06-300.520.19-0.3363 
2022-05-04
2022-03-310.110.410.3272 
2022-02-28
2021-12-310.03-0.03-0.06200 
2021-11-03
2021-09-300.310.50.1961 
2021-08-04
2021-06-300.490.490.0
2021-05-05
2021-03-310.830.41-0.4250 
2021-03-01
2020-12-310.420.560.1433 
2020-11-04
2020-09-300.110.20.0981 
2020-08-05
2020-06-300.050.670.621240 
2020-05-06
2020-03-310.380.580.252 
2020-03-03
2019-12-310.370.40.03
2019-10-29
2019-09-300.240.17-0.0729 
2019-07-23
2019-06-300.410.36-0.0512 
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
2018-06-300.911.030.1213 
2018-04-24
2018-03-310.880.87-0.01
2018-02-20
2017-12-310.440.42-0.02
2017-10-24
2017-09-30-0.1-0.12-0.0220 
2017-07-25
2017-06-300.80.62-0.1822 
2017-04-25
2017-03-310.660.65-0.01
2017-02-21
2016-12-310.530.530.0
2016-10-25
2016-09-300.350.3-0.0514 
2016-07-26
2016-06-300.750.790.04
2016-04-26
2016-03-310.710.770.06
2016-02-23
2015-12-310.360.16-0.255 
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
2014-06-300.630.630.0
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
2007-03-310.690.690.0
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 
2003-04-21
2003-03-31-0.04-0.09-0.05125 
2003-03-31
2002-12-31-0.53-0.520.01
2002-10-17
2002-09-30-0.07-0.070.0
2002-07-18
2002-06-300.150.12-0.0320 
2002-04-18
2002-03-310.190.230.0421 
2002-02-27
2001-12-31-0.35-0.350.0
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
1996-09-300.050.050.0
1996-07-19
1996-06-300.120.11-0.01
1996-04-15
1996-03-310.080.140.0675 
1996-02-20
1995-12-310.04-0.27-0.31775 

About Astec Industries Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Astec Industries 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 Industries 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 Industries 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 2024
Retained Earnings549.4 M576.9 M
Retained Earnings Total Equity607 M532.6 M
Price Earnings Ratio 25.30  26.56 
Price Earnings To Growth Ratio(0)(0)

Pair Trading with Astec Industries

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 Industries 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 Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Astec Stock

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The ability to find closely correlated positions to Astec Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astec Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astec Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astec Industries to buy it.
The correlation of Astec Industries is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astec Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astec Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astec Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Astec Industries is a strong investment it is important to analyze Astec Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Astec Industries' 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 Industries. 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 Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.945
Dividend Share
0.52
Earnings Share
1.47
Revenue Per Share
58.9
Quarterly Revenue Growth
(0.04)
The market value of Astec Industries 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 Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' 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 Industries' market value can be influenced by many factors that don't directly affect Astec Industries' 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 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' 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.