The company's average rating is Hold from 4 analysts.
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.
The successful prediction of Astec Industries
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Astec Industries, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Astec Industries based on Astec Industries hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Astec Industries's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Astec Industries's related companies.
Use Technical Analysis to project Astec expected Price
Astec Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Astec Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astec Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Astec Industries Gross Profit
Astec Industries Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Astec Industries previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Astec Industries Gross Profit growth over the last 10 years. Please check Astec Industries'
gross profit and other
fundamental indicators for more details.
Detailed Perspective On Astec Industries
The latest bullish price patterns experienced by current Astec Inds shareholders could raise concerns from shareholders as the firm it trading at a share price of
68.44 on
73,545 in volume. The company management teams have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in
January. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.49. The current volatility is consistent with the ongoing market swings in
January 2021 as well as with Astec Inds unsystematic, company-specific events.
Cost of Revenue Breakdown
Astec Inds Cost of Revenue is increasing over the years with slightly volatile fluctuation. Cost of Revenue is expected to dwindle to about 1
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Astec Inds Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 1.07 Billion
| 2014 | 760.28 Million |
| 2015 | 764.31 Million |
| 2016 | 882.16 Million |
| 2017 | 941.61 Million |
| 2018 | 1.04 Billion |
| 2019 | 930.21 Million |
| 2020 | 1.07 Billion |
| 2021 | 1.03 Billion |
Will price continue to surge in March 2021?
Astec Inds latest semi deviation ascents over 1.52. Astec Inds has relatively low volatility with skewness of 1.66 and kurtosis of 6.74. However, we advise all investors to independently investigate Astec Inds to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. 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.
Our Final Perspective on Astec Inds
Although many of the other players under the farm & heavy construction machinery industry are still a bit expensive, Astec Inds may offer a potential longer-term growth to shareholders. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Astec as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Astec Inds.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Astec Industries. Please refer to our
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