Astec Common Stock vs Capital Stock Analysis
ASTE Stock | USD 38.89 0.64 1.67% |
Astec Industries financial indicator trend analysis is way more than just evaluating Astec Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Astec Industries is a good investment. Please check the relationship between Astec Industries Common Stock and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
Common Stock vs Capital Stock
Common Stock vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Astec Industries Common Stock account and Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Astec Industries' Common Stock and Capital Stock is -0.52. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Astec Industries, assuming nothing else is changed. The correlation between historical values of Astec Industries' Common Stock and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Astec Industries are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Common Stock i.e., Astec Industries' Common Stock and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Astec Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astec Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.At present, Astec Industries' Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.49, whereas Tax Provision is forecasted to decline to about 5.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1M | 2.5M | 8.9M | 9.3M | Depreciation And Amortization | 30.2M | 27.9M | 25.6M | 15.1M |
Astec Industries fundamental ratios Correlations
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Astec Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Astec Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 799.8M | 848.2M | 911.3M | 1.0B | 1.1B | 1.1B | |
Short Long Term Debt Total | 2.0M | 2M | 2.9M | 87.7M | 83.1M | 87.3M | |
Other Current Liab | 73.7M | 81.8M | 78.9M | 71.8M | 171M | 179.6M | |
Total Current Liabilities | 172.9M | 170.3M | 225.3M | 274M | 299M | 314.0M | |
Total Stockholder Equity | 601.7M | 643M | 654.8M | 626.9M | 653.4M | 343.3M | |
Property Plant And Equipment Net | 182.4M | 172.8M | 171.7M | 173.6M | 187.6M | 124.0M | |
Net Debt | (48.2M) | (158.2M) | (134.2M) | 21.7M | 23.3M | 24.5M | |
Retained Earnings | 508.3M | 545.2M | 552.8M | 527.8M | 549.4M | 576.9M | |
Cash | 48.9M | 158.6M | 134.4M | 66M | 63.2M | 34.1M | |
Non Current Assets Total | 286.8M | 282.4M | 269.6M | 318M | 339.8M | 171.6M | |
Non Currrent Assets Other | 6.9M | 11M | 8.4M | 29.5M | 38.2M | 40.1M | |
Cash And Short Term Investments | 50.4M | 162.9M | 143M | 69.9M | 68.9M | 35.5M | |
Net Receivables | 124.1M | 120.6M | 144.1M | 173.6M | 152.7M | 77.7M | |
Common Stock Shares Outstanding | 22.7M | 22.9M | 22.9M | 22.8M | 22.8M | 21.9M | |
Liabilities And Stockholders Equity | 799.8M | 848.2M | 911.3M | 1.0B | 1.1B | 1.1B | |
Non Current Liabilities Total | 25.2M | 34.9M | 31.2M | 113.5M | 106.6M | 111.9M | |
Inventory | 278.9M | 249.7M | 303M | 393.4M | 455.6M | 478.4M | |
Other Current Assets | 59.6M | 32.6M | 51.6M | 59.5M | 42.3M | 44.4M | |
Other Stockholder Equity | 120.6M | 126.8M | 129.9M | 134.7M | 137.6M | 94.9M | |
Total Liab | 198.1M | 205.2M | 256.5M | 387.5M | 405.6M | 425.9M | |
Property Plant And Equipment Gross | 190.4M | 172.8M | 419.7M | 407.4M | 435.7M | 457.5M | |
Total Current Assets | 513.0M | 565.8M | 641.7M | 696.4M | 719.5M | 755.5M | |
Accumulated Other Comprehensive Income | (31.8M) | (33.5M) | (32.4M) | (40.1M) | (38.1M) | (36.2M) | |
Short Term Debt | 1.3M | 1.6M | 2.7M | 9.6M | 11.1M | 10.5M | |
Intangible Assets | 23.5M | 31.2M | 22.7M | 22.5M | 16.4M | 18.4M | |
Accounts Payable | 55.1M | 52.7M | 83.5M | 107.2M | 116.9M | 122.7M | |
Common Stock Total Equity | 4.6M | 4.5M | 4.5M | 4.5M | 5.2M | 4.8M | |
Common Stock | 4.6M | 4.5M | 4.5M | 4.5M | 5.2M | 4.8M | |
Other Liab | 22.5M | 29.8M | 26.8M | 27.1M | 31.2M | 18.2M | |
Current Deferred Revenue | 42.9M | 34.2M | 60.2M | 69.5M | 70.2M | 66.7M | |
Other Assets | 31.0M | 42M | 18.6M | 50.8M | 58.4M | 61.3M | |
Long Term Debt | 690K | 400K | 200K | 78.1M | 72M | 75.6M | |
Good Will | 33.2M | 38.7M | 38.6M | 45.2M | 46.3M | 44.0M | |
Property Plant Equipment | 190.4M | 172.8M | 177.5M | 173.6M | 199.6M | 173.6M | |
Net Tangible Assets | 578.4M | 572.6M | 593M | 559.2M | 643.1M | 629.6M | |
Noncontrolling Interest In Consolidated Entity | 1.1M | 710K | 538K | 500K | 450K | 427.5K | |
Retained Earnings Total Equity | 508.3M | 545.2M | 552.8M | 527.8M | 607.0M | 532.6M | |
Short Term Investments | 1.5M | 4.3M | 8.6M | 3.9M | 5.7M | 3.4M | |
Capital Surpluse | 122.6M | 127.8M | 130.6M | 135.8M | 122.2M | 106.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction Machinery & Heavy Transportation Equipment space 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 Industries. 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 Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.52 | Earnings Share (0.09) | Revenue Per Share 56.33 | Quarterly Revenue Growth (0.04) |
The market value of Astec Industries 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 Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' 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 Industries' market value can be influenced by many factors that don't directly affect Astec Industries' 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 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' 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.