Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Astec Industries Inc.’s stock clocked out at $33.77, down -19.21% from its previous closing price of $41.80. In other words, the price has decreased by -$19.21 from its previous closing price. On the day, 0.63 million shares were traded. ASTE stock price reached its highest trading level at $35.13 during the session, while it also had its lowest trading level at $32.2494.
Ratios:
To gain a deeper understanding of ASTE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.
On November 08, 2021, Sidoti Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $65 to $82.
Stifel Upgraded its Hold to Buy on May 06, 2021, whereas the target price for the stock was revised from $75 to $81.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASTE now has a Market Capitalization of 768044608 and an Enterprise Value of 973973248. As of this moment, Astec’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.96, and their Forward P/E ratio for the next fiscal year is 11.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.728 whereas that against EBITDA is 8.332.
Stock Price History:
The Beta on a monthly basis for ASTE is 1.40, which has changed by -0.16493571 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, ASTE has reached a high of $56.33, while it has fallen to a 52-week low of $28.97. The 50-Day Moving Average of the stock is -18.19%, while the 200-Day Moving Average is calculated to be -18.17%.
Shares Statistics:
It appears that ASTE traded 131.54K shares on average per day over the past three months and 197350 shares per day over the past ten days. A total of 22.74M shares are outstanding, with a floating share count of 22.28M. Insiders hold about 2.06% of the company’s shares, while institutions hold 94.01% stake in the company. Shares short for ASTE as of 1713139200 were 418361 with a Short Ratio of 3.18, compared to 1710460800 on 521396. Therefore, it implies a Short% of Shares Outstanding of 418361 and a Short% of Float of 2.6500002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.52, ASTE has a forward annual dividend rate of 0.52. Against a Trailing Annual Dividend Yield of 0.012440192The stock’s 5-year Average Dividend Yield is 1.06. The current Payout Ratio is 35.36% for ASTE, which recently paid a dividend on 2024-03-08 with an ex-dividend date of 1715299200. Stock splits for the company last occurred on 1999-01-19 when the company split stock in a 2:1 ratio.
Earnings Estimates
The dynamic stock of Astec Industries Inc. (ASTE) is currently attracting attention from 3.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.81 for the current quarter, with a high estimate of $0.83 and a low estimate of $0.79, while EPS last year was $0.9. The consensus estimate for the next quarter is $0.81, with high estimates of $0.91 and low estimates of $0.76.
Analysts are recommending an EPS of between $2.94 and $2.58 for the fiscal current year, implying an average EPS of $2.71. EPS for the following year is $3.1, with 3.0 analysts recommending between $3.11 and $3.07.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $343.27M. It ranges from a high estimate of $349.6M to a low estimate of $335.5M. As of the current estimate, Astec Industries Inc.’s year-ago sales were $347.9MFor the next quarter, 3 analysts are estimating revenue of $345.21M. There is a high estimate of $350.33M for the next quarter, whereas the lowest estimate is $336.9M.
A total of 3 analysts have provided revenue estimates for ASTE’s current fiscal year. The highest revenue estimate was $1.36B, while the lowest revenue estimate was $1.31B, resulting in an average revenue estimate of $1.34B. In the same quarter a year ago, actual revenue was $1.34BBased on 3 analysts’ estimates, the company’s revenue will be $1.37B in the next fiscal year. The high estimate is $1.4B and the low estimate is $1.35B.
