Astec Stock Buy Hold or Sell Recommendation

ASTE -  USA Stock  

USD 63.09  0.04  0.06%

Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Astec Inds is 'Strong Buy'. Macroaxis provides Astec Inds 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 Inds' available fundamental, technical, and predictive indicators you will find on this site.

Astec Advice 

 
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The advice is provided from Astec Inds' buy-and-hold perspective. Please continue to Astec Inds 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. We conduct extensive research on individual companies such as Astec and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Astec Inds.

Execute Astec Inds 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 Inds. Macroaxis does not own or have any residual interests in Astec Inds or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Astec Inds' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Astec IndsBuy Astec Inds
Strong Buy

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Astec Inds has a Risk Adjusted Performance of 0.0764, Jensen Alpha of 0.0772, Total Risk Alpha of 0.0504, Sortino Ratio of 0.0287 and Treynor Ratio of 0.1143
Macroaxis provides unbiased investment recommendation on Astec Inds that should be used to complement current analysts and expert consensus on Astec Inds. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Astec Inds is not overpriced, please confirm all Astec Inds fundamentals, including its price to sales, debt to equity, beta, as well as the relationship between the net income and short ratio . Given that Astec Inds has a price to earning of 35.19 X, we suggest you to validate Astec Inds 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 Inds Trading Alerts and Improvement Suggestions

Astec Inds has a poor financial position based on the latest SEC disclosures
Over 93.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Pasricha Anshu of 135 shares of Astec Inds subject to Rule 16b-3

Astec Inds current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Astec analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Astec analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price81.33
Target Median Price82.00
Target High Price90.00
Recommendation Mean2.20
Number Of Analyst Opinions3
Target Low Price72.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Astec Inds Returns Distribution Density

The distribution of Astec Inds' historical returns is an attempt to chart the future uncertainty of Astec Inds' future price movements. The chart of the probability distribution of Astec Inds stock daily returns describes the distribution of returns around its average expected value. We use Astec Inds price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Astec Inds returns is essential to provide solid investment advice for Astec Inds stock.
Mean Return0.12Value At Risk-3.96
Potential Upside4.88Standard Deviation2.95
 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 Inds 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 Inds is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astec Inds backward and forwards among themselves. Astec Inds' institutional investor refers to the entity that pools money to purchase Astec Inds' securities or originate 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.
Security TypeSharesValue
Valicenti Advisory Services IncCommon Shares78.4 K5.4 M
New York State Teachers Retirement SystemCommon Shares49.8 K3.4 M
John G Ullman Associates IncCommon Shares48.8 K3.4 M
State Of Alaska Department Of RevenueCommon Shares16.1 K1.1 M
Strs OhioCommon Shares15 KM
Supplemental Annuity Collective Trust Of NjCommon Shares11 K762 K
Louisiana State Employees Retirement SystemCommon Shares11 K762 K
Note, although Astec Inds' 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 Inds Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(19.57 M)(27 M)(22.9 M)2.3 M2.65 M2.85 M
Depreciation Amortization and Accretion25.8 M27.9 M26.2 M26.9 M30.93 M30.45 M
Net Cash Flow or Change in Cash and Cash Equivalents(20.09 M)(36.5 M)23.1 M109.7 M126.16 M136.11 M
Net Cash Flow Business Acquisitions and Disposals178 K(39.76 M)(26.44 M)(23.4 M)(21.06 M)(22.72 M)
Issuance Repayment of Debt Securities(7.24 M)56.5 M(58 M)100 K90 K92.37 K
Payment of Dividends and Other Cash Distributions(9.22 M)(9.23 M)(9.6 M)(10 M)(11.5 M)(12.41 M)
Net Cash Flow from Financing(16.79 M)22.8 M(68.1 M)(10.4 M)(9.36 M)(10.1 M)
Net Cash Flow from Investing(46.9 M)(27.4 M)(21.6 M)(20.9 M)(24.04 M)(25.93 M)
Net Cash Flow Investment Acquisitions and Disposals(891 K)(400 K)1.3 M200 K230 K274.91 K
Net Cash Flow from Operations41.88 M(30 M)112.6 M141.5 M162.72 M175.57 M
Effect of Exchange Rate Changes on Cash1.72 M(1.9 M)200 K(500 K)(575 K)(620.39 K)
Share Based Compensation3.14 M600 K3.2 M5.8 M6.67 M7.2 M

Astec Inds 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 Inds or Industrials 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 Inds stock's 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 DOW
0.08
β
Beta against DOW1.00
σ
Overall volatility
2.99
Ir
Information ratio 0.0261

Astec Inds Volatility Alert

Astec Inds currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.08. However, we advise investors to further question Astec Inds 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 Inds' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astec Inds' 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 Inds Implied Volatility

Astec Inds' implied volatility exposes the market's sentiment of Astec Inds stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Astec Inds' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Astec Inds stock will not fluctuate a lot when Astec Inds' options are near their expiration.

Astec Inds Fundamentals Vs Peers

Comparing Astec Inds' 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 Inds' direct or indirect competition across all of the common fundamentals between Astec Inds and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astec Inds or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astec Inds' fundamental indicators could also be used in its relative valuation, which is a method of valuing Astec Inds by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Astec Inds to competition
FundamentalsAstec IndsPeer Average
Return On Equity6.61 %(0.31) %
Return On Asset3.30 %(0.14) %
Profit Margin3.97 %(1.27) %
Operating Margin7.10 %(5.51) %
Current Valuation1.45 B16.62 B
Shares Outstanding22.76 M571.82 M
Shares Owned by Insiders1.44 %10.09 %
Shares Owned by Institutions92.96 %39.21 %
Number of Shares Shorted306.78 K4.71 M
Price to Earning35.19 X28.72 X
Price to Book2.24 X9.51 X
Price to Sales1.39 X11.42 X
Revenue1.07 B9.43 B
Gross Profit240.1 M27.38 B
EBITDA75.8 M3.9 B
Net Income42.4 M570.98 M
Cash and Equivalents173.8 M2.7 B
Cash per Share7.64 X5.01 X
Total Debt900 K5.32 B
Debt to Equity0.001 %48.70 %
Current Ratio3.04 X2.16 X
Book Value Per Share29.11 X1.93 K
Cash Flow from Operations66.7 M971.22 M
Short Ratio3.01 X4.00 X
Earnings Per Share1.85 X3.12 X
Price to Earnings To Growth3.79 X4.89 X
Number of Employees3.54 K18.84 K
Beta1.26-0.15
Market Capitalization1.48 B19.03 B
Total Asset777.35 M29.47 B
Retained Earnings530.12 M9.33 B
Working Capital399.79 M1.48 B
Current Asset541.8 M9.34 B
   Acquisition by Pasricha Anshu of 135 shares of Astec Inds subject to Rule 16b-3 [view details]

Astec Inds 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.
Accumulation Distribution2647.54
Daily Balance Of Power(0.017467)
Rate Of Daily Change1.0
Day Median Price62.14
Day Typical Price62.45
Market Facilitation Index0.0
Price Action Indicator0.94

About Astec Inds Buy or Sell Advice

When is the right time to buy or sell Astec Inds? 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 stock 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. Although Astec Inds investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables124.85 M120.6 M108.54 M102.53 M
Inventories294.54 M249.7 M224.73 M257.13 M

Use Investing Ideas to Build Portfolios

In addition to having Astec Inds 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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Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. Social Domain theme has 36 constituents.
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Please continue to Astec Inds 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. 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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.