Astec Story

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ASTE -- USA Stock  

USD 75.21  0.01  0.0133%

Astec Inds is scheduled to announce its earnings today. The next earnings report is expected on the 5th of May 2021. As many baby boomers are still indifferent towards industrials space, it makes sense to break down Astec as a potential position. Should we be more optimistic in anticipation of a recovery?
Published over a month ago
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What are the latest analyst consensus on Astec (NASDAQ:ASTE)?
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.
What is the right price you would pay to acquire a share of Astec Inds? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated.
Please read more on our stock advisor page.

What is happening with Astec Inds this year

Annual and quarterly reports issued by Astec Inds are formal financial statements that are published yearly and quarterly and sent to Astec stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Astec Inds often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

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

Is Astec a risky opportunity?

Let's check the volatility. Astec is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Astec (NASDAQ:ASTE) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of an Astec Inds stock makes you a part-owner of that company.

Astec Inds Current Consensus

Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Astec Inds. The Astec consensus assessment is calculated by taking the average estimates from all of the analysts covering Astec Inds

Strong Buy
1
Hold
3
Strong Buy125.0
Buy00.0
Hold375.0
Sell00.0
Strong Sell00.0

Our perspective of the latest Astec Inds surge

The maximum drawdown is down to 17.09 as of today.
As of the 1st of March, Astec Inds shows the Mean Deviation of 1.73, risk adjusted performance of 0.1119, and Downside Deviation of 1.82. Astec Inds technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Astec Inds, which can be compared to its rivals. Please confirm Astec Inds variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Astec Inds is priced correctly, providing market reflects its regular price of 72.02 per share. Given that Astec Inds has jensen alpha of 0.3294, we suggest you to validate Astec Inds's prevailing market performance to make sure the company can sustain itself at a future point.

Although some other entities under the farm & heavy construction machinery industry are still a bit expensive, Astec Inds may offer a potential longer-term growth to shareholders. To summarize, as of the 1st of March 2021, we see that Astec Inds moves indifferently to market moves. The firm is overvalued with close to average odds of distress within the next 24 months. Our present 30 days recommendation on the firm is Cautious Hold.

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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