paving and mining
Search documents
Looking for a Growth Stock? 3 Reasons Why Astec Industries (ASTE) is a Solid Choice
ZACKS· 2026-03-19 17:45
Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks is challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score simplifies the process of finding promising growth stocks by analyzing a company's real growth prospects beyond traditional metrics [2] - Astec Industries (ASTE) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for investors, with double-digit growth being a strong indicator of a company's potential [4] - Astec Industries has a historical EPS growth rate of 20.9%, with projected EPS growth of 13.5% this year, significantly outperforming the industry average of 5.6% [5] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for growth stocks, indicating how efficiently a company generates sales from its assets [6] - Astec Industries has an S/TA ratio of 1.17, outperforming the industry average of 1.03, indicating higher efficiency in asset utilization [6] Group 4: Sales Growth - Sales growth is another critical factor, with Astec Industries expected to achieve a 13% sales growth this year, compared to an industry average of 0% [7] Group 5: Earnings Estimate Revisions - Trends in earnings estimate revisions are correlated with stock price movements, and positive revisions are favorable [8] - Astec Industries has seen a 14.5% increase in current-year earnings estimates over the past month, indicating positive momentum [9] Group 6: Overall Assessment - Astec Industries holds a Zacks Rank of 2 and a Growth Score of B, suggesting it is a potential outperformer and a solid choice for growth investors [11]
Despite Fast-paced Momentum, Astec Industries (ASTE) Is Still a Bargain Stock
ZACKS· 2026-03-11 13:57
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - Identifying the right entry point for momentum stocks is challenging, and investors may end up with overvalued shares [1] Group 2: Bargain Momentum Stocks - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score helps identify strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen highlights attractively priced fast-moving stocks [2] Group 3: Astec Industries (ASTE) Analysis - Astec Industries (ASTE) has shown a four-week price change of 2.7%, indicating growing investor interest [3] - ASTE has gained 24.6% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.38, suggesting it moves 38% more than the market in either direction [4] Group 4: Valuation and Earnings Estimates - ASTE has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [6] - ASTE is trading at a Price-to-Sales ratio of 0.94, suggesting it is undervalued at 94 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - Besides ASTE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles [8]
Astec Industries (ASTE) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2026-02-25 18:15
Core Viewpoint - Astec Industries reported quarterly earnings of $1.06 per share, exceeding the Zacks Consensus Estimate of $0.74 per share, although down from $1.19 per share a year ago [1] Financial Performance - The earnings surprise for the quarter was +43.24%, with the company previously expected to earn $0.45 per share but actually earning $0.47, resulting in a surprise of +4.44% [2] - Revenues for the quarter reached $400.6 million, surpassing the Zacks Consensus Estimate by 10.12%, compared to $359 million in the same quarter last year [3] Stock Performance - Astec Industries shares have increased approximately 35% since the beginning of the year, significantly outperforming the S&P 500, which gained only 0.7% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.89 for the upcoming quarter and $3.30 for the current fiscal year, with revenues expected to be $360.1 million and $1.46 billion respectively [5][8] - The Zacks Rank for Astec Industries is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Manufacturing - Construction and Mining industry, to which Astec Industries belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [9]
Hyster-Yale (HY) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2025-11-05 00:05
Core Insights - Hyster-Yale reported a quarterly loss of $0.09 per share, missing the Zacks Consensus Estimate of $0.03, and a significant decline from earnings of $0.97 per share a year ago, indicating an earnings surprise of -400.00% [1] - The company generated revenues of $979.1 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.45%, but down from $1.02 billion year-over-year [2] - Hyster-Yale shares have decreased approximately 30% year-to-date, contrasting with the S&P 500's gain of 16.5% [3] Earnings Outlook - The future performance of Hyster-Yale's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $942.85 million, and for the current fiscal year, it is $0.75 on revenues of $3.77 billion [7] Industry Context - The Manufacturing - Construction and Mining industry, to which Hyster-Yale belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]