Astec Industries Stock Target Price and Analyst Consensus

ASTE Stock  USD 40.01  0.63  1.55%   
The current analyst and expert consensus on Astec Industries is Buy, with 2 strong buy opinions. The current projected Astec Industries target price consensus is 57.0 with 4 analyst opinions. The most common way Astec Industries analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Astec Industries executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Astec Industries. We encourage you to use your own analysis of Astec Industries to validate this buy or sell advice. Astec Industries buy-or-sell recommendation module provides average expert sentiment on the projected Astec Industries target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Astec Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
Lowest Forecast
51.87
Highest Forecast
63.27
Target Price
57
At present, Astec Industries' Operating Profit Margin is projected to slightly decrease based on the last few years of reporting. The current year's Gross Profit Margin is expected to grow to 0.25, whereas Pretax Profit Margin is forecasted to decline to 0.03. At present, Astec Industries' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 105.8 M, whereas Property Plant And Equipment Net is forecasted to decline to about 124 M.
  
It's important to approach Astec Industries' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Astec Industries Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Astec target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Astec Industries' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Buy
Most Astec analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Astec stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Astec Industries, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Astec Industries Target Price Projection

Astec Industries' current and average target prices are 40.01 and 57.00, respectively. The current price of Astec Industries is the price at which Astec Industries is currently trading. On the other hand, Astec Industries' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Astec Industries Market Quote on 19th of March 2024

Low Price39.96Odds
High Price40.79Odds

40.01

Target Price

Analyst Consensus On Astec Industries Target Price

Low Estimate51.87Odds
High Estimate63.27Odds

57.0

Historical Lowest Forecast  51.87 Target Price  57.0 Highest Forecast  63.27
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Astec Industries and the information provided on this page.

Astec Industries Analyst Ratings

Astec Industries' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Astec Industries stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Astec Industries' financials, market performance, and future outlook by experienced professionals. Astec Industries' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Astec Industries price targets

Astec Industries' stock target price is an estimate of its future price, usually made by analysts. Using Astec Industries' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Astec Industries' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Astec Industries' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Astec Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Astec Industries is a key component of Astec Industries valuation and have some predictive power on the future returns of a Astec Industries.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astec Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Astec Industries in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
37.8639.9942.12
Details
Intrinsic
Valuation
LowRealHigh
36.0147.8750.00
Details
Naive
Forecast
LowNextHigh
36.7638.8941.03
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.790.861.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astec Industries. Your research has to be compared to or analyzed against Astec Industries' peers to derive any actionable benefits. When done correctly, Astec Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Astec Industries.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 500 shares
When determining whether Astec Industries is a strong investment it is important to analyze Astec Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:
Check out Macroaxis Advice on Astec Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Astec Industries' price analysis, check to measure Astec Industries' 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 Industries is operating at the current time. Most of Astec Industries' value examination focuses on studying past and present price action to predict the probability of Astec Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astec Industries' price. Additionally, you may evaluate how the addition of Astec Industries to your portfolios can decrease your overall portfolio volatility.
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The data published in Astec Industries' official financial statements usually reflect Astec Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Astec Industries. For example, before you start analyzing numbers published by Astec accountants, it's critical to develop an understanding of what Astec Industries' liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Astec Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astec Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Astec Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Astec Industries. Please utilize our Beneish M Score to check the likelihood of Astec Industries' management manipulating its earnings.