Astec Story

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ASTE -- USA Stock  

USD 78.38  1.08  1.40%

Astec Inds Revenue Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Revenue Per Employee was at 272,284. The current year Average Assets is expected to grow to about 959.4 M, whereas Interest Coverage is forecasted to decline to 115.25. In spite of rather sound fundamental indicators, Astec Inds is not utilizing all of its potentials. The current stock price tumult, may contribute to a shorter-term swings for the shareholders. Astec Inds current probability of distress is under 45 percent. Will shareholders continue to be optimistic, or should we expect a sell-off?
Published over a month ago
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How sound are Astec Inds (NASDAQ:ASTE) fundamental indicators given the latest surge?
On a scale of 0 to 100, Astec Inds holds a performance score of 8. The firm shows a Beta (market volatility) of -0.1377, which signifies not very significant fluctuations relative to the market. Let's try to break down what Astec's beta means in this case. As returns on the market increase, returns on owning Astec Inds are expected to decrease at a much lower rate. During the bear market, Astec Inds is likely to outperform the market. Although it is vital to follow Astec Inds historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Astec Inds technical indicators, you can presently evaluate if the expected return of 0.28% will be sustainable into the future. Please makes use of Astec Inds semi variance, and the relationship between the maximum drawdown and accumulation distribution to make a quick decision on whether Astec Inds price patterns will revert.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Astec Inds income statement, its balance sheet, and the statement of cash flows. Potential Astec Inds investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Astec Inds investors may use each financial statement separately, they are all related. The changes in Astec Inds's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astec Inds's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Astec Inds fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Astec Inds performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Astec Inds shares is the value that is considered the true value of the share. If the intrinsic value of Astec is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Astec Inds.
Please read more on our fundamental analysis page.

Are Astec Inds Earnings Expected to grow?

The future earnings power of Astec Inds involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Astec Inds factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Astec Inds stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Astec expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Astec Inds earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Astec Inds dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Astec one year expected dividend income is about $0.22 per share.
The current year Dividend Yield is expected to grow to 0.009663, whereas Payment of Dividends and Other Cash Distributions is forecasted to decline to (12.4 M).
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-11.5 M-12.4 M
Dividend Yield 0.009  0.009663 
Dividends per Basic Common Share 0.55  0.49 
Investing in dividend-paying stocks, such as Astec Inds is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Astec Inds must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Astec Inds. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How Astec utilizes its cash?

To perform a cash flow analysis of Astec Inds, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Astec Inds is receiving and how much cash it distributes out in a given period. The Astec Inds cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Astec Inds Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 141.5 Million

Astec Inds Gross Profit

Astec Inds 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 Inds 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 Inds Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Detailed Perspective On Astec Inds

Many companies such as Astec Inds have both institutions investors and insiders sharing the ownership. Retail investors typically buy and sell stocks in round lots of 100 shares or more. Other other hand institutional investors are known to buy and sell in block trades of 10,000 shares or more. Let's take a look at how the ownership of Astec is distributed among investors.

Ownership Allocation

Astec Inds holds a total of twenty-two million six hundred ten thousand outstanding shares. The majority of Astec Inds outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Astec Inds to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Astec Inds. Please pay attention to any change in the institutional holdings of Astec Inds as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.


Institutions
95.05%
Retail Investors3.07
Insiders1.88
Institutions95.05

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Astec Inds has an asset utilization ratio of 137.65 percent. This indicates that the company is making $1.38 for each dollar of assets. An increasing asset utilization means that Astec Inds is more efficient with each dollar of assets it utilizes for everyday operations.


Current Assets
613.2 M
Assets Non Current
323.6 M
Current Assets613.22 Million58.68
Assets Non Current323.65 Million30.97
Goodwill58.53 Million5.6
Tax Assets49.54 Million4.74

Astec Inds has 85 percent chance to finish below $67 next week

Astec Inds latest downside variance ascents over 3.32. 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 Conclusion on Astec Inds

Although some firms 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.

About Contributor

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 Achuva Shats do not own shares of Astec Inds. Please refer to our Terms of Use for any information regarding our disclosure principles.

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