Astec Industries Stock Buy Hold or Sell Recommendation
| ASTE Stock | USD 38.61 0.27 0.70% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Astec Industries is 'Hold'. Macroaxis provides Astec Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASTE positions.
Check out Astec Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide. Note, we conduct extensive research on individual companies such as Astec and provide practical buy, sell, or hold advice based on investors' constraints. 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.
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Execute Astec Industries Buy or Sell Advice
The Astec recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Astec Industries. Macroaxis does not own or have any residual interests in Astec Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Astec Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
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 |
Astec Industries Trading Alerts and Improvement Suggestions
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of November 2024 Astec Industries paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Astec Industries adds US52m to market cap in the past 7 days, though investors from three years ago are still down 37 |
Astec Industries Returns Distribution Density
The distribution of Astec Industries' historical returns is an attempt to chart the uncertainty of Astec Industries' future price movements. The chart of the probability distribution of Astec Industries daily returns describes the distribution of returns around its average expected value. We use Astec Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Astec Industries returns is essential to provide solid investment advice for Astec Industries.
| Mean Return | 0.24 | Value At Risk | -2.27 | Potential Upside | 3.17 | Standard Deviation | 2.54 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Astec Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Astec Stock Institutional Investors
| 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 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 23.0M | 109.7M | (24.2M) | (68.4M) | (2.8M) | (2.7M) | |
| Free Cash Flow | 89.1M | 126.1M | (12.7M) | (114.6M) | (6.3M) | (6.0M) | |
| Depreciation | 26.2M | 26.9M | 30.2M | 27.9M | 25.6M | 16.1M | |
| Other Non Cash Items | 9.1M | 6.3M | 10M | 15.4M | 17.7M | 18.6M | |
| Capital Expenditures | 23.4M | 15.4M | 20.1M | 40.7M | 34.1M | 23.7M | |
| Net Income | 22.2M | 46.9M | 17.9M | (600K) | 33.7M | 19.8M | |
| End Period Cash Flow | 48.9M | 158.6M | 134.4M | 66M | 63.2M | 36.8M | |
| Change To Inventory | 61.3M | 44.7M | (53.8M) | (96.4M) | (63M) | (59.9M) | |
| Dividends Paid | 9.9M | 10M | 10.2M | 11.2M | (11.8M) | (11.2M) | |
| Change To Netincome | 15.6M | 21.9M | 17.9M | 4.9M | 5.6M | 9.6M | |
| Change Receivables | 7.5M | 12.2M | (30.8M) | (28M) | (25.2M) | (23.9M) | |
| Investments | 1.3M | 200K | 800K | (400K) | (12.1M) | (11.5M) | |
| Net Borrowings | (58.1M) | 100K | 1M | 83M | 95.5M | 100.2M |
Astec Industries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Astec Industries or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Astec Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Astec stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 2.65 | |
σ | Overall volatility | 2.48 | |
Ir | Information ratio | 0.04 |
Astec Industries Volatility Alert
Astec Industries has relatively low volatility with skewness of 2.57 and kurtosis of 13.94. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astec Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astec Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Astec Industries Fundamentals Vs Peers
Comparing Astec Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Astec Industries' direct or indirect competition across all of the common fundamentals between Astec Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astec Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astec Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Astec Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Astec Industries to competition |
| Fundamentals | Astec Industries | Peer Average |
| Return On Equity | -0.0032 | -0.31 |
| Return On Asset | 0.0437 | -0.14 |
| Profit Margin | (0) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 926.92 M | 16.62 B |
| Shares Outstanding | 22.8 M | 571.82 M |
| Shares Owned By Insiders | 1.32 % | 10.09 % |
| Shares Owned By Institutions | 96.80 % | 39.21 % |
| Number Of Shares Shorted | 425.46 K | 4.71 M |
| Price To Earning | 21.22 X | 28.72 X |
| Price To Book | 1.38 X | 9.51 X |
| Price To Sales | 0.69 X | 11.42 X |
| Revenue | 1.34 B | 9.43 B |
| Gross Profit | 264.1 M | 27.38 B |
| EBITDA | 77.3 M | 3.9 B |
| Net Income | 33.7 M | 570.98 M |
| Cash And Equivalents | 56.4 M | 2.7 B |
| Cash Per Share | 2.47 X | 5.01 X |
| Total Debt | 83.1 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 2.42 X | 2.16 X |
| Book Value Per Share | 27.69 X | 1.93 K |
| Cash Flow From Operations | 27.8 M | 971.22 M |
| Short Ratio | 2.50 X | 4.00 X |
| Earnings Per Share | (0.09) X | 3.12 X |
| Price To Earnings To Growth | 2.60 X | 4.89 X |
| Target Price | 42.5 | |
| Number Of Employees | 4.32 K | 18.84 K |
| Beta | 1.26 | -0.15 |
| Market Capitalization | 880.38 M | 19.03 B |
| Total Asset | 1.06 B | 29.47 B |
| Retained Earnings | 549.4 M | 9.33 B |
| Working Capital | 420.5 M | 1.48 B |
Note: Acquisition by Brian Harris of 8290 shares of Astec Industries subject to Rule 16b-3 [view details]
Astec Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Astec . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Astec Industries Buy or Sell Advice
When is the right time to buy or sell Astec Industries? Buying financial instruments such as Astec Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Astec Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.