Astec Inds Stock Target Price and Analyst Consensus

ASTE -  USA Stock  

USD 54.18  0.57  1.06%

The current analyst and expert consensus on Astec Inds is Buy, with 0 strong sell and 2 strong buy opinions. The current projected Astec Inds target price consensus is 86.5 with 2 analyst opinions. The most common way Astec Inds analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Astec Inds 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 Inds. We encourage you to use your own analysis of Astec Inds to validate this buy or sell advice. Astec Inds buy-or-sell recommendation module provides average expert sentiment on the projected Astec Inds target price to derive its highest and lowest estimates based on projected price volatility of 7.778. Please continue to Macroaxis Advice on Astec Inds to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

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The current year Gross Profit is expected to grow to about 250.5 M, whereas Profit Margin is forecasted to decline to 0.0371. Astec Inds Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 848.2 Million. The current year Current Assets is expected to grow to about 606.5 M, whereas Accounts Payable is forecasted to decline to about 50.7 M.

Astec Inds 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 analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Astec target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions3
Lowered Outlook0
Raized Outlook0
Buy
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 those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Astec Inds Target Price Projection

Astec Inds' current and average target prices are 54.18 and 86.50, respectively. The current price of Astec Inds is the price at which Astec Inds is currently trading. On the other hand, Astec Inds' 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 Inds Market Quote on 26th of September 2021

Low Price53.68Odds
High Price54.85Odds

54.18

Target Price

Analyst Consensus On Astec Inds Target Price

Low Estimate81.0Odds
High Estimate92.0Odds
Number of Analysts2
Standard Deviation7.778

86.5

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 Inds and the information provided on this page.

Astec Inds Analyst Ratings

Astec Inds' 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 Inds 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 Inds' financials, market performance, and future outlook by experienced professionals. Astec Inds' historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About Astec Inds Target Price Projections

Astec Inds's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Astec Inds and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Astec depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Astec Inds
 2020 2021 (projected)
Long Term Debt to Equity6.23E-46.39E-4
Interest Coverage128.86115.25

Additional Astec Inds 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 Inds is a key component of Astec Inds valuation and have some predictive power on the future returns of a Astec Inds.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astec Inds' 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 Inds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
52.4654.1455.82
Details
Intrinsic
Valuation
LowReal ValueHigh
48.7665.4667.14
Details
Naive
Forecast
LowNext ValueHigh
51.5053.1854.86
Details
Earnings
Estimates (2)
LowProjected EPSHigh
1.891.952.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astec Inds. Your research has to be compared to or analyzed against Astec Inds' peers to derive any actionable benefits. When done correctly, Astec Inds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astec Inds.

Currently 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.
Baby Boomer Prospects
Invested over 90 shares
Please continue to Macroaxis Advice on Astec Inds to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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 data published in Astec Inds' official financial statements usually reflect Astec Inds' 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 Inds. For example, before you start analyzing numbers published by Astec accountants, it's critical to develop an understanding of what Astec Inds' liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Astec Inds' 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 Inds' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Astec Inds' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Astec Inds. Please utilize our Beneish M Score to check the likelihood of Astec Inds' management to manipulate its earnings.