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.
Astec |
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
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
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, Llc | 2023-12-31 | 510.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 452.7 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 377.7 K | Charles Schwab Investment Management Inc | 2023-12-31 | 369.2 K | Ameriprise Financial Inc | 2023-12-31 | 267.9 K | First Trust Advisors L.p. | 2023-12-31 | 238.7 K | Northern Trust Corp | 2023-12-31 | 238.5 K | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 222.3 K | Heartland Advisors Inc | 2023-12-31 | 182.8 K | Blackrock Inc | 2023-12-31 | 4.2 M | Vanguard Group Inc | 2023-12-31 | 2.6 M |
Astec Industries Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 23.0M | 109.7M | (24.2M) | (68.4M) | (2.8M) | (2.7M) | |
Free Cash Flow | 89.1M | 126.1M | (12.7M) | (114.6M) | (6.3M) | (6.0M) | |
Depreciation | 26.2M | 26.9M | 30.2M | 27.9M | 25.6M | 16.1M | |
Other Non Cash Items | 9.1M | 6.3M | 10M | 15.4M | 15.7M | 16.5M | |
Capital Expenditures | 23.4M | 15.4M | 20.1M | 40.7M | 34.1M | 23.7M | |
Net Income | 22.2M | 46.9M | 17.9M | (600K) | 33.7M | 19.8M | |
End Period Cash Flow | 48.9M | 158.6M | 134.4M | 66M | 63.2M | 36.8M | |
Change To Inventory | 61.3M | 44.7M | (53.8M) | (96.4M) | (63M) | (59.9M) | |
Dividends Paid | 9.9M | 10M | 10.2M | 11.2M | 11.8M | 11.2M | |
Change To Netincome | 15.6M | 21.9M | 17.9M | 4.9M | 5.6M | 9.6M | |
Change Receivables | 7.5M | 12.2M | (30.8M) | (28M) | (25.2M) | (23.9M) | |
Investments | 1.3M | 200K | 800K | (400K) | (12.1M) | (11.5M) | |
Net Borrowings | (58.1M) | 100K | 1M | 83M | 95.5M | 100.2M |
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 Composite | 2.17 | |
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 |
Fundamentals | Astec Industries | Peer Average |
Return On Equity | 0.0526 | -0.31 |
Return On Asset | 0.055 | -0.14 |
Profit Margin | 0.03 % | (1.27) % |
Operating Margin | 0.1 % | (5.51) % |
Current Valuation | 942.57 M | 16.62 B |
Shares Outstanding | 22.74 M | 571.82 M |
Shares Owned By Insiders | 1.32 % | 10.09 % |
Shares Owned By Institutions | 93.91 % | 39.21 % |
Number Of Shares Shorted | 559.54 K | 4.71 M |
Price To Earning | 21.22 X | 28.72 X |
Price To Book | 1.42 X | 9.51 X |
Price To Sales | 0.69 X | 11.42 X |
Revenue | 1.34 B | 9.43 B |
Gross Profit | 264.1 M | 27.38 B |
EBITDA | 82.2 M | 3.9 B |
Net Income | 33.7 M | 570.98 M |
Cash And Equivalents | 56.4 M | 2.7 B |
Cash Per Share | 2.47 X | 5.01 X |
Total Debt | 83.1 M | 5.32 B |
Debt To Equity | 0.01 % | 48.70 % |
Current Ratio | 2.42 X | 2.16 X |
Book Value Per Share | 28.73 X | 1.93 K |
Cash Flow From Operations | 27.8 M | 971.22 M |
Short Ratio | 4.33 X | 4.00 X |
Earnings Per Share | 1.47 X | 3.12 X |
Price To Earnings To Growth | 2.60 X | 4.89 X |
Target Price | 46.67 | |
Number Of Employees | 4.32 K | 18.84 K |
Beta | 1.38 | -0.15 |
Market Capitalization | 924.29 M | 19.03 B |
Total Asset | 1.06 B | 29.47 B |
Retained Earnings | 549.4 M | 9.33 B |
Working Capital | 420.5 M | 1.48 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.
Accumulation Distribution | 2661.33 | |||
Daily Balance Of Power | (0.76) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 40.38 | |||
Day Typical Price | 40.25 | |||
Price Action Indicator | (0.68) | |||
Period Momentum Indicator | (0.63) |
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 Total | 200K | 87.7M | 83.1M | 87.3M | Total Assets | 911.3M | 1.0B | 1.1B | 1.1B |
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.Did You Try This Idea?
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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.
Complementary Tools for Astec Stock analysis
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.