Is Astec Industries Stock a Good Investment?
Astec Industries Investment Advice | ASTE |
- Examine Astec Industries' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Astec Industries' leadership team and their track record. Good management can help Astec Industries navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Astec Industries' business and its evolving consumer preferences.
- Compare Astec Industries' performance and market position to its competitors. Analyze how Astec Industries is positioned in terms of product offerings, innovation, and market share.
- Check if Astec Industries pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Astec Industries' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Astec Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Astec Industries is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Astec Industries Stock
Researching Astec Industries' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.38. Some equities with similar Price to Book (P/B) outperform the market in the long run. Astec Industries has Price/Earnings To Growth (PEG) ratio of 2.6. The entity recorded a loss per share of 0.09. The firm last dividend was issued on the 13th of November 2024. Astec Industries had 2:1 split on the 19th of January 1999.
To determine if Astec Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Astec Industries' research are outlined below:
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: John G Ullman Associates Inc. Raises Stock Holdings in Astec Industries, Inc. - MarketBeat |
Astec Industries Quarterly Good Will |
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Astec Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Astec Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Astec Industries' 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.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Astec Industries' 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. Below are the table of largest EPS Surprises Astec Industries' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2005-03-01 | 2004-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2001-10-18 | 2001-09-30 | -0.08 | -0.07 | 0.01 | 12 | ||
2017-10-24 | 2017-09-30 | -0.1 | -0.12 | -0.02 | 20 | ||
1997-10-16 | 1997-09-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2009-04-21 | 2009-03-31 | 0.3 | 0.33 | 0.03 | 10 | ||
2002-07-18 | 2002-06-30 | 0.15 | 0.12 | -0.03 | 20 | ||
2011-02-22 | 2010-12-31 | 0.22 | 0.26 | 0.04 | 18 | ||
2004-07-21 | 2004-06-30 | 0.27 | 0.31 | 0.04 | 14 |
Know Astec Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Astec Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astec Industries backward and forwards among themselves. Astec Industries' institutional investor refers to the entity that pools money to purchase Astec Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Segall Bryant & Hamill | 2024-09-30 | 445.1 K | Amvescap Plc. | 2024-06-30 | 396.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 308.9 K | Harvey Partners Llc | 2024-09-30 | 282 K | First Trust Advisors L.p. | 2024-06-30 | 266.2 K | Bank Of New York Mellon Corp | 2024-06-30 | 238.6 K | Northern Trust Corp | 2024-09-30 | 229.3 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 220.9 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 215.7 K | Blackrock Inc | 2024-06-30 | 4 M | Vanguard Group Inc | 2024-09-30 | 2.6 M |
Astec Industries' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 872.17 M.Market Cap |
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Astec Industries' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.06 | 0.11 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.05 | 0.04 |
Determining Astec Industries' profitability involves analyzing its financial statements and using various financial metrics to determine if Astec Industries is a good buy. For example, gross profit margin measures Astec Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Astec Industries' profitability and make more informed investment decisions.
Astec Industries' Earnings Breakdown by Geography
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. Please utilize our Beneish M Score to check the likelihood of Astec Industries' management manipulating its earnings.
Evaluate Astec Industries' management efficiency
Astec Industries has return on total asset (ROA) of 0.0437 % which means that it generated a profit of $0.0437 on every $100 spent on assets. This is way below average. Astec Industries' management efficiency ratios could be used to measure how well Astec Industries manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Astec Industries' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 44.4 M, whereas Net Tangible Assets are forecasted to decline to about 629.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 28.77 | 30.21 | |
| Tangible Book Value Per Share | 26.01 | 27.31 | |
| Enterprise Value Over EBITDA | 7.13 | 7.49 | |
| Price Book Value Ratio | 1.25 | 2.01 | |
| Enterprise Value Multiple | 7.13 | 7.49 | |
| Price Fair Value | 1.25 | 2.01 | |
| Enterprise Value | 853.5 M | 431.1 M |
Understanding the operational decisions made by Astec Industries management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0136 | Forward Dividend Yield 0.0136 | Forward Dividend Rate 0.52 | Beta 1.258 |
Basic technical analysis of Astec Stock
As of the 25th of November, Astec Industries shows the Mean Deviation of 1.75, risk adjusted performance of 0.0886, and Downside Deviation of 1.76. Astec Industries 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. Please confirm Astec Industries variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Astec Industries is priced correctly, providing market reflects its regular price of 38.89 per share. Given that Astec Industries has jensen alpha of (0.06), we suggest you to validate Astec Industries's prevailing market performance to make sure the company can sustain itself at a future point.Astec Industries' 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 Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Astec Industries' 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 Industries 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 Industries' Outstanding Corporate Bonds
Astec Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Astec Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Astec bonds can be classified according to their maturity, which is the date when Astec Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Assurant 7 percent Corp BondUS04621XAK46 | View | |
| ASSURANT INC 49 Corp BondUS04621XAJ72 | View | |
| ASSURANT INC 675 Corp BondUS04621XAD03 | View | |
| US04621XAM02 Corp BondUS04621XAM02 | View | |
| AIZ 265 15 JAN 32 Corp BondUS04621XAN84 | View | |
| AGO 36 15 SEP 51 Corp BondUS04621WAE03 | View | |
| ASSURED GTY HLDGS Corp BondUS04621WAA80 | View | |
| AGO 315 15 JUN 31 Corp BondUS04621WAD20 | View |
Understand Astec Industries' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Astec Industries' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0886 | |||
| Market Risk Adjusted Performance | 0.1081 | |||
| Mean Deviation | 1.75 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 940.55 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | 0.056 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | 0.0981 | |||
| Maximum Drawdown | 16.8 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.35 | |||
| Downside Variance | 3.11 | |||
| Semi Variance | 2.58 | |||
| Expected Short fall | (2.20) | |||
| Skewness | 2.4 | |||
| Kurtosis | 12.45 |
| Risk Adjusted Performance | 0.0886 | |||
| Market Risk Adjusted Performance | 0.1081 | |||
| Mean Deviation | 1.75 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 940.55 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | 0.056 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | 0.0981 | |||
| Maximum Drawdown | 16.8 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.35 | |||
| Downside Variance | 3.11 | |||
| Semi Variance | 2.58 | |||
| Expected Short fall | (2.20) | |||
| Skewness | 2.4 | |||
| Kurtosis | 12.45 |
Consider Astec Industries' intraday indicators
Astec Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Astec Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Astec Industries Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Astec Stock media impact
Far too much social signal, news, headlines, and media speculation about Astec Industries that are available to investors today. That information is available publicly through Astec media outlets and privately through word of mouth or via Astec internal channels. However, regardless of the origin, that massive amount of Astec data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Astec Industries news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Astec Industries relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Astec Industries' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Astec Industries alpha.
Astec Industries Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Astec Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Astec Industries Corporate Management
| Barend Snyman | Group Infrastructure | Profile | |
| Gregory Oswald | VP Excellence | Profile | |
| Mark Roth | Sr Strategy | Profile | |
| Timothy Averkamp | Group Group | Profile | |
| Michael Norris | Group Sales | Profile |
Already Invested in Astec Industries?
The danger of trading Astec Industries 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 Industries 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 Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astec Industries 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.
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.
In summary, please note that there is a difference between Astec Industries' value and its price, as these two are different measures arrived at by various 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.