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.

Investment analysts gave a few price targets for ASTE. The most optimistic price target was 80, which equates to a potential upside of 53.96 percent. The minimum price target given was 44, implying potential capital losses of -15.32 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 3.26 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.26 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 4 analysts that revised their FY estimates downwards.

ASTE has an estimated earnings growth rate of 29.65 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 below the high by 29.18 percent. ASTE has a P/E 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 will post this quarters earnings in days, on 0000-00-00.