Home Sectors Industrials Latest Valuation: Astec Industries (NASDAQ: ASTE)

Latest Valuation: Astec Industries (NASDAQ: ASTE)

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Astec Industries is part of the industrials sector and trades as part of the farm and construction machinery industry. The company CEO is Richard J. Dorris. Astec Industries Inc designs, engineers, manufactures and markets equipment and components used in road building, utility and related construction activities as well as other products. It also serves the energy market by supplying various products.

Previous Intraday Trading Performance:

The ASTE stock showed a previous change of -0.18% with an open at 39.17 and a close of 38.81. It reached an intraday high of 39.38 and a low of 38.74.

Business Wire:  ASTEC INDUSTRIES SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Astec Industries, Inc. – ASTE

Liquidity:

The stock has a market cap of $884.8m with 22.8m shares outstanding, of which the float is 20.5m shares. Trading volume reached 116,616 shares compared to its average volume of 190,489 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Astec Industries shares returned 0.78% and in the past 30 trading days it returned 5.93%. Over three months, it changed 23.05%. In one year it has changed -35.00% and within that year its 52-week high was 63.69 and its 52-week low was 27.86. ASTE stock is 39.30% above its 52 Week Low.

Our calculations show a 200 day moving average of 44.83 and a 50 day moving average of 37.04. Currently ASTE stock is trading -13.43% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  ASTEC INDUSTRIES SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Astec Industries, Inc. – ASTE

Earnings:

The last annual fiscal EPS for the company was reported at 2.81 that ended on 31st of December 2018. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.57. The TTM EPS is 2.81, which comes to a TTM PE of 13.81.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.61
09-30-2018:  0.30
06-30-2018:  1.03
03-31-2018:  0.87

The dividend per share is currently 0.44, which is a dividend yield of 1.13%. Also, the payout ratio is 15.66%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 12.86, which means it may be overvalued by -201.75%

Indicators to Watch:

Based on the latest filings, there is 155.20% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.52

SeekingAlpha:  ANI Pharmaceuticals beats by $0.08, beats on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is -7.10%, profit margin is -5.38%, price-to-sales is 0.76 and price-to-book is 1.37.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.