Astec Industries Stock Buy Hold or Sell Recommendation

ASTE Stock  USD 40.01  0.63  1.55%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Astec Industries is 'Hold'. Macroaxis provides Astec Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASTE positions. The advice algorithm takes into account all of Astec Industries' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
47.87
Target Price
57
Hype Value
39.99
Market Value
40.01
Naive Value
38.89
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Astec Industries given historical horizon and risk tolerance towards Astec Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Astec Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Astec Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
In addition, we conduct extensive research on individual companies such as Astec and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

Execute Astec Industries Buy or Sell Advice

The Astec recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Astec Industries. Macroaxis does not own or have any residual interests in Astec Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Astec Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Astec IndustriesBuy Astec Industries
Hold

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon Astec Industries has a Risk Adjusted Performance of 0.1069, Jensen Alpha of 0.0829, Total Risk Alpha of (0.13), Sortino Ratio of 0.1108 and Treynor Ratio of 0.1701
Astec Industries advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Astec Industries is not overpriced, please confirm all Astec Industries fundamentals, including its debt to equity, number of employees, and the relationship between the net income and short ratio . Given that Astec Industries has a price to book of 1.42 X, we suggest you to validate Astec Industries market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Astec Industries Trading Alerts and Improvement Suggestions

Over 94.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Astec LifeSciences Limited Stocks Shoot Up 30 percent But Its PS Still Looks Reasonable

Astec Industries Returns Distribution Density

The distribution of Astec Industries' historical returns is an attempt to chart the uncertainty of Astec Industries' future price movements. The chart of the probability distribution of Astec Industries stock daily returns describes the distribution of returns around its average expected value. We use Astec Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Astec Industries returns is essential to provide solid investment advice for Astec Industries.
Mean Return
0.38
Value At Risk
-2.99
Potential Upside
4.26
Standard Deviation
2.41
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Astec Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Astec Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Astec Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astec Industries backward and forwards among themselves. Astec Industries' institutional investor refers to the entity that pools money to purchase Astec Industries' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
510.8 K
Bank Of New York Mellon Corp2023-12-31
452.7 K
Mirae Asset Global Investments (korea) Co Ltd2023-12-31
377.7 K
Charles Schwab Investment Management Inc2023-12-31
369.2 K
Ameriprise Financial Inc2023-12-31
267.9 K
First Trust Advisors L.p.2023-12-31
238.7 K
Northern Trust Corp2023-12-31
238.5 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
222.3 K
Heartland Advisors Inc2023-12-31
182.8 K
Blackrock Inc2023-12-31
4.2 M
Vanguard Group Inc2023-12-31
2.6 M
Note, although Astec Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Astec Industries Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash23.0M109.7M(24.2M)(68.4M)(2.8M)(2.7M)
Free Cash Flow89.1M126.1M(12.7M)(114.6M)(6.3M)(6.0M)
Depreciation26.2M26.9M30.2M27.9M25.6M16.1M
Other Non Cash Items9.1M6.3M10M15.4M15.7M16.5M
Capital Expenditures23.4M15.4M20.1M40.7M34.1M23.7M
Net Income22.2M46.9M17.9M(600K)33.7M19.8M
End Period Cash Flow48.9M158.6M134.4M66M63.2M36.8M
Change To Inventory61.3M44.7M(53.8M)(96.4M)(63M)(59.9M)
Dividends Paid9.9M10M10.2M11.2M11.8M11.2M
Change To Netincome15.6M21.9M17.9M4.9M5.6M9.6M
Change Receivables7.5M12.2M(30.8M)(28M)(25.2M)(23.9M)
Investments1.3M200K800K(400K)(12.1M)(11.5M)
Net Borrowings(58.1M)100K1M83M95.5M100.2M

Astec Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Astec Industries or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Astec Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Astec stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.08
β
Beta against NYSE Composite2.17
σ
Overall volatility
2.13
Ir
Information ratio 0.1

Astec Industries Volatility Alert

Astec Industries currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.08. However, we advise investors to further question Astec Industries expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astec Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astec Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Astec Industries Fundamentals Vs Peers

Comparing Astec Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Astec Industries' direct or indirect competition across all of the common fundamentals between Astec Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astec Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astec Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Astec Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Astec Industries to competition
FundamentalsAstec IndustriesPeer Average
Return On Equity0.0526-0.31
Return On Asset0.055-0.14
Profit Margin0.03 %(1.27) %
Operating Margin0.1 %(5.51) %
Current Valuation942.57 M16.62 B
Shares Outstanding22.74 M571.82 M
Shares Owned By Insiders1.32 %10.09 %
Shares Owned By Institutions93.91 %39.21 %
Number Of Shares Shorted559.54 K4.71 M
Price To Earning21.22 X28.72 X
Price To Book1.42 X9.51 X
Price To Sales0.69 X11.42 X
Revenue1.34 B9.43 B
Gross Profit264.1 M27.38 B
EBITDA82.2 M3.9 B
Net Income33.7 M570.98 M
Cash And Equivalents56.4 M2.7 B
Cash Per Share2.47 X5.01 X
Total Debt83.1 M5.32 B
Debt To Equity0.01 %48.70 %
Current Ratio2.42 X2.16 X
Book Value Per Share28.73 X1.93 K
Cash Flow From Operations27.8 M971.22 M
Short Ratio4.33 X4.00 X
Earnings Per Share1.47 X3.12 X
Price To Earnings To Growth2.60 X4.89 X
Target Price46.67
Number Of Employees4.32 K18.84 K
Beta1.38-0.15
Market Capitalization924.29 M19.03 B
Total Asset1.06 B29.47 B
Retained Earnings549.4 M9.33 B
Working Capital420.5 M1.48 B
Note: Disposition of 1886 shares by Jaco Merwe of Astec Industries at 35.38 subject to Rule 16b-3 [view details]

Astec Industries Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Astec . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Astec Industries Buy or Sell Advice

When is the right time to buy or sell Astec Industries? Buying financial instruments such as Astec Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total200K87.7M83.1M87.3M
Total Assets911.3M1.0B1.1B1.1B

Use Investing Ideas to Build Portfolios

In addition to having Astec Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Artificial Intelligence Thematic Idea Now

Artificial Intelligence
Artificial Intelligence Theme
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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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 Astec Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Astec Industries' price analysis, check to measure Astec Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astec Industries is operating at the current time. Most of Astec Industries' value examination focuses on studying past and present price action to predict the probability of Astec Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astec Industries' price. Additionally, you may evaluate how the addition of Astec Industries to your portfolios can decrease your overall portfolio volatility.
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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.