The company's fundamentals are relatively very healthy.Its valuation is considered fairly valued,and institutional recognition is very high.Over the past 30 days, multiple analysts have rated the company as a Strong Buy.Despite a very weak market performance, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 329.40M, representing a year-over-year increase of 6.53%, while its net profit experienced a year-over-year increase of 320.59%.
Its current P/E ratio is 23.58, which is 104.02% below the recent high of 48.11 and 664.21% above the recent low of -133.05.
The average price target for Astec Industries Inc is 48.00, with a high of 48.00 and a low of 48.00.
Disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Sideways: Currently, the stock price is trading between the resistance level at 50.62 and the support level at 41.04, making it suitable for range-bound swing trading.
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The latest institutional shareholding proportion is 97.67%, representing a quarter-over-quarter increase of 1.52%. The largest institutional shareholder is The Vanguard, holding a total of 2.47M shares, representing 10.82% of shares outstanding, with 3.22% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Industrial Goods export-driven industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The company’s current risk assessment score is 5.85, which is higher than the Industrial Goods industry's average of 4.39. The company's beta value is 1.39. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
The Stock Score data is powered by TradingKey and updated daily. Rating data is sourced from LESG. Please use the data with caution for reference purposes only.
