Analyst Ratings for Astec Industries Inc. (ASTE)

Updated: 2017-07-27

Astec Industries Inc. (NASDAQ:ASTE) was awarded an average rating of Overweight from investment analysts following the stock. Last month, ASTE received an average rating of Overweight.

3 analysts declared ASTE a buy, 1 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for ASTE. The maximum price target given was 80, implying a possible profit of 53.96 percent. The most pessimistic analyst gave a price target of 44, implying a possible loss of -15.32 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.26 percent. That number becomes 3.26 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.85 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.85 percent.

People are often interested in whether analysts were united in the direction of their revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 4 analysts made negative revisions to their fiscal year's estimates.

ASTE has an estimated earnings growth rate of 29.65 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ASTE is 0.83.

In the trailing 52-weeks, ASTE hit 73.37 at the highest peak, while it's lowest trading point was 47.34. Today's price is 9.76 percent above the 52-week low, and 29.18 percent lower than its 52-week high. ASTE has a price/earnings ratio of 24.66. Investors typically compare the P/E ratio to a company's peers in the industry. The ASTE value stock report compares ASTE to some of its peers using value stock charts. The market cap of ASTE is $1.14 billion. ASTE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.