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0.00032601608346013 0.0047815692240817 0.0047815692240817 0.00652032166920228 0.0108672027820039 0.00978048250380343 0.00738969789176258 -0.000434688111280224
Stock impact report

Astec: Becoming A Stronger Business [Seeking Alpha]

Astec Industries, Inc. (ASTE) 
Last astec industries, inc. earnings: 3/3 07:57 pm Check Earnings Report
US:NASDAQ Investor Relations: astecindustries.com/investor-relations.html
Company Research Source: Seeking Alpha
Recent deals, including TerraSource and CWMF, enhance ASTE's scale and margin profile, with manageable leverage and pro forma EBITDA growth. The company now trades at 11-13x forward earnings estimates, with earnings estimates of $3.50-4.00 per share, offering a solid earnings yield and reasonable valuation. While upbeat on Astec's business direction and execution, I prefer to monitor for more attractive entry points after recent share gains. Juan-Enrique/iStock via Getty Images Over the summer, I concluded that Astec Industries ( ASTE was posting both mixed and upbeat signals as well. The company had just announced a substantial acquisition, which made me upbeat on the business, although some inconsistencies in the More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs, and other significant corporate events with actionab Show less Read more
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