Is Astec Industries Inc (NASDAQ: ASTE) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Farm & Heavy Construction Machinery industry segment, falling under the Industrials sector. The current market capitalization of Astec Industries Inc is $771.84M. A total of 0.23 million shares were traded on the day, compared to an average of 159.54K shares.

In the most recent transaction, Merwe Jaco van der bought 2,000 shares of ASTE for 33.70 per share on May 16 ’24. After the transaction, the Chief Executive Officer now owns 73,878 company shares. In a previous transaction on May 08 ’24, NORRIS MICHAEL PAUL bought 1,000 shares at 33.46 per share. ASTE shares that GROUP PRESIDENT owns now total 15,886.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. ASTE’s most recent ex-dividend date was 1.67% when it declared a $0.13 quarterly dividend that was paid in cash on 11/13/2024. Previously, the company paid the dividend on 8/12/2024 with an ex-dividend date of 1.49%. The ASTE stock dividend was $0.13 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ASTE has a high of $44.74 and a low of $28.46.

As of this writing, ASTE has an earnings estimate of $0.73 per share for the current quarter. EPS was calculated based on a consensus of 2.0 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.67.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ASTE’s latest balance sheet shows that the firm has $142.70M in Cash & Short Term Investments as of fiscal 2021. There were $2.90M in debt and $223.30M in liabilities at the time. Its Book Value Per Share was $27.69, while its Total Shareholder’s Equity was $651.30M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ASTE is Buy with a score of 3.00.

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