Astec Stock Today

ASTE -  USA Stock  

USD 44.30  0.72  1.60%

Market Performance
0 of 100
Odds Of Distress
Less than 3
Astec Inds is trading at 44.30 as of the 23rd of May 2022, a -1.6 percent decrease since the beginning of the trading day. The stock's lowest day price was 43.25. Astec Inds has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Astec Inds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of November 2021 and ending today, the 23rd of May 2022. Click here to learn more.
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 incorporated in 1972 and is headquartered in Chattanooga, Tennessee. The company has 22.76 M outstanding shares of which 325.68 K shares are presently shorted by private and institutional investors with about 2.23 trading days to cover. More on Astec Inds
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Astec Inds Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Astec Inds' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astec Inds or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Astec Inds generated a negative expected return over the last 90 days
Over 94.0% of the company shares are held by institutions such as insurance companies
Astec Inds Fama & French Machinery
Machinery
Fama & French Classification
Astec Inds SEC Filings
Astec Inds SEC Filings Security & Exchange Commission EDGAR Reports
CEOBenjamin Brock  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
Machinery
Average Analyst Recommendation
Analysts covering Astec Inds report their recommendations after researching Astec Inds' financial statements, talking to executives and customers, or listening in on Astec Inds' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Astec Inds. The Astec consensus assessment is calculated by taking the average forecast from all of the analysts covering Astec Inds.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Astec Inds based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Astec Inds financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares21.6 M22.7 M
Notably Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted21.8 M22.9 M
Notably Down
Decreasing
Slightly volatile
Net Cash Flow from Operations7.6 M7.4 M
Fairly Up
Increasing
Stable
Total Assets946.1 M905.8 M
Sufficiently Up
Increasing
Slightly volatile
Total Liabilities251.5 M254.5 M
Fairly Down
Increasing
Slightly volatile
Current Assets653.3 M636 M
Fairly Up
Increasing
Slightly volatile
Current Liabilities214.4 M223.3 M
Sufficiently Down
Increasing
Slightly volatile
Total DebtM2.9 M
Fairly Up
Increasing
Stable
Return on Average Assets0.02560.02
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.210.229
Significantly Down
Decreasing
Stable
Asset Turnover1.391.223
Fairly Up
Increasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Astec Inds' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Astec Inds' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Astec Inds' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Astec Inds' financial leverage. It provides some insight into what part of Astec Inds' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Astec Inds' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Astec Inds deploys its capital and how much of that capital is borrowed.
Liquidity
Astec Inds cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 8.7 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Astec Inds has a current ratio of 2.79, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Astec Inds until it has trouble settling it off, either with new capital or with free cash flow. So, Astec Inds' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astec Inds sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astec to invest in growth at high rates of return. When we think about Astec Inds' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

7.59 MillionShare
Astec Inds (ASTE) is traded on NASDAQ Exchange in USA. It is located in 1725 Shepherd Road and employs 4,041 people. Astec Inds is listed under Machinery category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.04 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 Inds conducts business under Industrials sector and is part of Farm & Heavy Construction Machinery industry. The entity has 22.76 M outstanding shares of which 325.68 K shares are presently shorted by private and institutional investors with about 2.23 trading days to cover. Astec Inds currently holds about 143 M in cash with 7.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.28.
Check Astec Inds Probability Of Bankruptcy
Ownership
Astec Inds retains a total of 22.76 Million 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Astec Ownership Details

Astec Stock Price Odds Analysis

What are Astec Inds' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Astec Inds jumping above the current price in 90 days from now is about 40.55%. The Astec Inds probability density function shows the probability of Astec Inds stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.365. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Astec Inds will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Astec Inds is significantly underperforming DOW.
  Odds Below 44.3HorizonTargetOdds Above 44.3
59.30%90 days
 44.30 
40.55%
Based on a normal probability distribution, the odds of Astec Inds to move above the current price in 90 days from now is about 40.55 (This Astec Inds probability density function shows the probability of Astec Stock to fall within a particular range of prices over 90 days) .

Astec Inds Historical Income Statement

Astec Inds Income Statement is one of the three primary financial statements used for reporting Astec's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Astec Inds revenue and expense. Astec Inds Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Astec Inds Consolidated Income is projected to decrease significantly based on the last few years of reporting. The past year's Consolidated Income was at 17.9 Million. The current year Cost of Revenue is expected to grow to about 923.7 M, whereas Operating Expenses is forecasted to decline to about 227.3 M. View More Fundamentals

Astec Stock Against Markets

Picking the right benchmark for Astec Inds stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Astec Inds stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Astec Inds is critical whether you are bullish or bearish towards Astec Inds at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Astec Inds without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

Astec Inds Corporate Directors

Astec Inds corporate directors refer to members of an Astec Inds board of directors. The board of directors generally takes responsibility for the Astec Inds' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Astec Inds' board members must vote for the resolution. The Astec Inds board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Sansom - Lead Independent DirectorProfile
Stephen Anderson - VP of Admin., Director of Investor Relations, Compliance Officer and SecretaryProfile
Mary Howell - Independent DirectorProfile
William Dorey - Independent DirectorProfile

Investing Astec Inds

You need to understand the risk of investing before taking a position in Astec Inds. The danger of trading Astec Inds is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Astec Inds is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Astec Inds. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astec Inds is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Astec Stock analysis

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.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Is Astec Inds' 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 Inds. 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 Inds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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 a 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.