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Astec Industries, Inc is a farm & heavy construction machinery business based in the US. Astec Industries shares (ASTE) are listed on the NASDAQ and all prices are listed in US Dollars. Astec Industries employs 3,529 staff and has a trailing 12-month revenue of around USD$1.1 billion.
|52-week range||USD$25.17 - USD$63.74|
|50-day moving average||USD$54.1094|
|200-day moving average||USD$46.6483|
|Wall St. target price||USD$58.33|
|Dividend yield||USD$0.44 (0.76%)|
|Earnings per share (TTM)||USD$0.643|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Astec Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Astec Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Astec Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 90x. In other words, Astec Industries shares trade at around 90x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Astec Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Astec Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Astec Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$39.4 million.
The EBITDA is a measure of a Astec Industries's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.1 billion|
|Operating margin TTM||1.26%|
|Gross profit TTM||USD$239.4 million|
|Return on assets TTM||1.05%|
|Return on equity TTM||2.32%|
|Market capitalisation||USD$1.3 billion|
TTM: trailing 12 months
There are currently 571,463 Astec Industries shares held short by investors – that's known as Astec Industries's "short interest". This figure is 35.7% down from 889,434 last month.
There are a few different ways that this level of interest in shorting Astec Industries shares can be evaluated.
Astec Industries's "short interest ratio" (SIR) is the quantity of Astec Industries shares currently shorted divided by the average quantity of Astec Industries shares traded daily (recently around 133208.15850816). Astec Industries's SIR currently stands at 4.29. In other words for every 100,000 Astec Industries shares traded daily on the market, roughly 4290 shares are currently held short.
However Astec Industries's short interest can also be evaluated against the total number of Astec Industries shares, or, against the total number of tradable Astec Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Astec Industries's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Astec Industries shares in existence, roughly 30 shares are currently held short) or 0.0304% of the tradable shares (for every 100,000 tradable Astec Industries shares, roughly 30 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Astec Industries.
Find out more about how you can short Astec Industries stock.
Dividend payout ratio: 24.18% of net profits
Recently Astec Industries has paid out, on average, around 24.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Astec Industries shareholders could enjoy a 0.76% return on their shares, in the form of dividend payments. In Astec Industries's case, that would currently equate to about $0.44 per share.
While Astec Industries's payout ratio might seem low, this can signify that Astec Industries is investing more in its future growth.
Astec Industries's most recent dividend payout was on 10 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 28 August 2020 (the "ex-dividend date").
Astec Industries's shares were split on a 2:1 basis on 19 January 1999. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Astec Industries shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Astec Industries shares which in turn could have impacted Astec Industries's share price.
Over the last 12 months, Astec Industries's shares have ranged in value from as little as $25.17 up to $63.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Astec Industries's is 1.2261. This would suggest that Astec Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Astec Industries, Inc. manufactures and sells equipment and components for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. The company's Infrastructure Group segment designs, engineers, manufactures, markets, services, and installs asphalt plants and their related components, asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment. This segment serves asphalt producers, highway and heavy equipment contractors, utility contractors, and governmental agencies through direct sales staff and independent distributors. Its Aggregate and Mining Group segment focuses on designing and manufacturing heavy processing equipment, as well as servicing and supplying parts for the aggregate, metallic mining, recycling, ports, and bulk handling markets. This segment serves highway and heavy equipment contractors, sand and gravel producers, recycle and crushing contractors, mine operators, quarry operators, port and inland terminal authorities, power stations, and governmental agencies through direct sales employees and independent distributors. The company's Energy Group segment supplies heavy equipment, such as heaters, drilling rigs, concrete plants, wood chippers and grinders, pump trailers, storage equipment, construction, and water well industries, as well as commercial and industrial burners that are used primarily in commercial, industrial, and process heating applications. It serves oil and gas field operators, industrial product manufacturers, independent contractors, ready mix concrete producers, heating equipment distributors, and government agencies through employee sales agents, manufacturer representatives, and distributors. The company was founded in 1972 and is based in Chattanooga, Tennessee.
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