Astec Stock Analysis

ASTE -  USA Stock  

USD 59.40  0.58  0.97%

The latest dip in stock price could raise concerns from shareholders as the firm it trading at a share price of 59.40 on 53,301 in volume. The company directors and management have failed to build on market volatilities in June. However, diversifying your overall positions with Astec Inds may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.79. The current volatility is consistent with the ongoing market swings in June 2021 as well as with Astec Inds unsystematic, company-specific events.
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The Astec Inds stock analysis report makes it easy to digest most publicly released information about Astec Inds and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Astec Stock analysis module also helps to analyze the Astec Inds price relationship with some important fundamental indicators such as market cap and management efficiency.

Astec Stock Analysis Notes

About 95.0% of the company shares are held by institutions such as insurance companies. The book value of Astec Inds was presently reported as 28.47. The company next dividend is scheduled to be issued on the 10th of May 2021. Astec Inds had 2:1 split on the 19th of January 1999. Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3537 people. For more info on Astec Inds please contact Benjamin Brock at 423 899-4456 or go to www.astecindustries.com.

Astec Inds Quarterly Cost of Revenue

215.9 MillionShare

Astec Inds Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Astec Inds' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Astec Inds or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Astec Inds generates negative expected return over the last 90 days
Astec Inds has high likelihood to experience some financial distress in the next 2 years
Astec Inds has a poor financial position based on the latest SEC disclosures
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Pasricha Anshu of 145 shares of Astec Inds subject to Rule 16b-3

Astec Inds Upcoming and Recent Events

Earnings reports are used by Astec Inds to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Astec Inds previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report4th of August 2021
Next Earnings Report3rd of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End7th of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Astec Largest EPS Surprises

Earnings surprises can significantly impact Astec Inds' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2005-03-01
2004-12-310.040.03-0.0125 
2001-10-18
2001-09-30-0.08-0.070.0112 
2017-10-24
2017-09-30-0.1043-0.12-0.015715 
View All Earnings Estimates

Astec Inds SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Astec Inds prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Astec Inds investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Astec Inds specific information freely available to individual and institutional investors to make a timely investment decision.
28th of May 2021
Unclassified Corporate Event
View
5th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
29th of April 2021
Other Events. Submission of Matters to a Vote of Security Holders
View
11th of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
1st of March 2021
Financial Statements and Exhibits. Other Events. Regulation FD Disclosure. Results of Operations and Financial Condition
View
12th of February 2021
Unclassified Corporate Event
View
11th of February 2021
Unclassified Corporate Event
View
10th of February 2021
Unclassified Corporate Event
View

Astec Inds Thematic Classifications

In addition to having Astec Inds stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.

Astec Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astec Inds's market, we take the total number of its shares issued and multiply it by Astec Inds's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Astec Profitablity

Astec Inds' profitability indicators refer to fundamental financial ratios that showcase Astec Inds' ability to generate income relative to its revenue or operating costs. If, let's say, Astec Inds is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Astec Inds' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Astec Inds' profitability requires more research than a typical breakdown of Astec Inds' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 3.43 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is normal as compared to the sector avarege. Similarly, it shows Operating Margin (OM) of 7.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.07.
Last ReportedProjected for 2021
Return on Investment 6.89  7.69 
Return on Average Assets 0.06  0.0463 
Return on Average Equity 0.07  0.06 
Return on Invested Capital 0.1  0.09 
Return on Sales 0.045  0.0426 

Management Efficiency

The entity has return on total asset (ROA) of 3.35 % which means that it generated profit of $3.35 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 5.59 %, meaning that it created $5.59 on every $100 dollars invested by stockholders. Astec Inds management efficiency ratios could be used to measure how well astec inds manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Investment is expected to grow to 7.69, whereas Return on Average Assets are forecasted to decline to 0.0463. Astec Inds Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 565.8 Million. The current year Assets Non Current is expected to grow to about 295.8 M, whereas Tax Assets are forecasted to decline to about 23.6 M.
Last ReportedProjected for 2021
Book Value per Share 28.45  30.02 
Enterprise Value over EBIT 26.00  22.89 
Enterprise Value over EBITDA 16.39  14.43 
Price to Book Value 2.04  2.02 
Tangible Assets Book Value per Share 34.46  37.04 
Enterprise Value1.2 B1.2 B
Tangible Asset Value778.3 M839.8 M

Technical Drivers

As of the 28th of July, Astec Inds shows the mean deviation of 1.94, and Risk Adjusted Performance of (0.09). 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 interpolate and analyze data for 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 59.4 per share. Given that Astec Inds has jensen alpha of (0.45), we suggest you to validate Astec Inds's prevailing market performance to make sure the company can sustain itself at a future point.

Astec Inds Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Astec Inds price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average. View also all equity analysis or get more info about triple exponential moving average t3 overlap studies indicator.

Astec Inds Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Astec Inds insiders, such as employees or executives, is commonly permitted as long as it does not rely on Astec Inds' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Astec Inds insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Astec Inds Technical and Predictive Indicators

Astec Inds Forecast Models

Astec Inds time-series forecasting models is one of many Astec Inds' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Astec Inds' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Astec Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Astec Inds stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Astec shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Astec Inds. By using and applying Astec Stock analysis, traders can create a robust methodology for identifying Astec entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 4.20  4.58 
EBITDA Margin 0.07  0.07 
Gross Margin 0.23  0.21 
Profit Margin 0.046  0.0371 
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3537 people.

Current Astec Analysis - Recommendations

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 PriceAdvice# of Analysts
86.5Buy2Odds
Astec Inds current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Astec analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Astec stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Astec Inds, talking to its executives and customers, or listening to Astec conference calls.
Astec Analyst Advice Details

Astec Stock Analysis Indicators

Astec Inds stock analysis indicators help investors evaluate how Astec Inds stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Astec Inds shares will generate the highest return on investment. By understating and applying Astec Inds stock analysis, traders can identify Astec Inds position entry and exit signals to maximize returns.
Quick Ratio1.72
Trailing Annual Dividend Rate0.44
Fifty Two Week Low43.79
Revenue Growth-1.50%
Payout Ratio28.95%
Average Daily Volume Last 10 Day64.44k
Shares Short Prior Month393.26k
Average Daily Volume In Three Month142.31k
Earnings Growth-58.20%
Shares Percent Shares Out1.93%
Earnings Quarterly Growth-57.80%
Gross Margins23.06%
Forward Price Earnings17.87
Short Percent Of Float2.61%
Float Shares22.3M
Fifty Two Week High80.00
Fifty Day Average62.36
Enterprise Value To Ebitda16.35
Two Hundred Day Average67.93
Enterprise Value To Revenue1.17
Trailing Annual Dividend Yield0.73%
Please continue to Trending Equities. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Astec Inds price analysis, check to measure Astec Inds' 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 Inds is operating at the current time. Most of Astec Inds' value examination focuses on studying past and present price action to predict the probability of Astec Inds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astec Inds' price. Additionally, you may evaluate how the addition of Astec Inds to your portfolios can decrease your overall portfolio volatility.
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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 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.