Astec Industries (ASTE) Competitors

$32.38
-0.78 (-2.35%)
(As of 05/3/2024 08:51 PM ET)

ASTE vs. PLOW, MTW, CMCO, MRC, HY, GRC, XMTR, ERII, SCSC, and TRS

Should you be buying Astec Industries stock or one of its competitors? The main competitors of Astec Industries include Douglas Dynamics (PLOW), Manitowoc (MTW), Columbus McKinnon (CMCO), MRC Global (MRC), Hyster-Yale Materials Handling (HY), Gorman-Rupp (GRC), Xometry (XMTR), Energy Recovery (ERII), ScanSource (SCSC), and TriMas (TRS).

Astec Industries vs.

Douglas Dynamics (NYSE:PLOW) and Astec Industries (NASDAQ:ASTE) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, earnings, risk, analyst recommendations, institutional ownership, dividends, media sentiment, valuation and community ranking.

In the previous week, Douglas Dynamics had 1 more articles in the media than Astec Industries. MarketBeat recorded 36 mentions for Douglas Dynamics and 35 mentions for Astec Industries. Astec Industries' average media sentiment score of 0.34 beat Douglas Dynamics' score of 0.01 indicating that Douglas Dynamics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Douglas Dynamics
9 Very Positive mention(s)
9 Positive mention(s)
5 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral
Astec Industries
4 Very Positive mention(s)
5 Positive mention(s)
14 Neutral mention(s)
7 Negative mention(s)
2 Very Negative mention(s)
Neutral

91.9% of Douglas Dynamics shares are held by institutional investors. Comparatively, 93.2% of Astec Industries shares are held by institutional investors. 2.5% of Douglas Dynamics shares are held by insiders. Comparatively, 0.7% of Astec Industries shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Astec Industries has higher revenue and earnings than Douglas Dynamics. Douglas Dynamics is trading at a lower price-to-earnings ratio than Astec Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Douglas Dynamics$568.18M0.96$23.72M$1.1720.12
Astec Industries$1.34B0.55$33.50M$1.0929.71

Douglas Dynamics has a beta of 1.14, meaning that its stock price is 14% more volatile than the S&P 500. Comparatively, Astec Industries has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500.

Douglas Dynamics presently has a consensus price target of $28.00, indicating a potential upside of 18.95%. Astec Industries has a consensus price target of $43.50, indicating a potential upside of 34.34%. Given Douglas Dynamics' higher possible upside, analysts plainly believe Astec Industries is more favorable than Douglas Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Douglas Dynamics
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Astec Industries
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Astec Industries received 120 more outperform votes than Douglas Dynamics when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 55.21% of users gave Douglas Dynamics an outperform vote.

CompanyUnderperformOutperform
Douglas DynamicsOutperform Votes
281
55.21%
Underperform Votes
228
44.79%
Astec IndustriesOutperform Votes
401
64.16%
Underperform Votes
224
35.84%

Douglas Dynamics has a net margin of 4.90% compared to Douglas Dynamics' net margin of 1.91%. Astec Industries' return on equity of 12.95% beat Douglas Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Douglas Dynamics4.90% 12.95% 4.82%
Astec Industries 1.91%7.44%4.51%

Douglas Dynamics pays an annual dividend of $1.18 per share and has a dividend yield of 5.0%. Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Douglas Dynamics pays out 100.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Astec Industries pays out 47.7% of its earnings in the form of a dividend. Douglas Dynamics has increased its dividend for 14 consecutive years. Douglas Dynamics is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Douglas Dynamics beats Astec Industries on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ASTE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASTE vs. The Competition

MetricAstec IndustriesConstruction machinery IndustryIndustrial SectorNASDAQ Exchange
Market Cap$736.42M$26.50B$9.08B$7.72B
Dividend Yield1.61%2.26%2.06%3.96%
P/E Ratio29.7115.0121.9719.09
Price / Sales0.550.968.2988.31
Price / Cash8.499.2118.2136.12
Price / Book1.132.273.874.36
Net Income$33.50M$1.74B$470.83M$214.85M
7 Day Performance-24.56%-1.17%-0.44%2.26%
1 Month Performance-27.15%-6.60%-4.26%-2.35%
1 Year Performance-23.12%3.93%10.14%9.00%

Astec Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PLOW
Douglas Dynamics
4.125 of 5 stars
$22.64
+0.7%
$25.00
+10.4%
-15.1%$520.27M$568.18M23.581,885Analyst Revision
MTW
Manitowoc
4.1611 of 5 stars
$12.12
-5.5%
$16.83
+38.9%
-19.8%$430.02M$2.23B11.124,800Upcoming Earnings
Gap Up
CMCO
Columbus McKinnon
2.4676 of 5 stars
$41.27
-2.2%
$50.00
+21.2%
+22.5%$1.18B$936.24M24.423,392Positive News
MRC
MRC Global
4.3964 of 5 stars
$11.23
-3.1%
$15.33
+36.5%
+29.9%$947.70M$3.41B10.802,800Upcoming Earnings
HY
Hyster-Yale Materials Handling
3.8041 of 5 stars
$58.40
-3.2%
$82.50
+41.3%
+9.7%$1.02B$4.12B8.068,600Upcoming Earnings
GRC
Gorman-Rupp
3.6014 of 5 stars
$33.22
+0.4%
$40.00
+20.4%
+28.2%$870.90M$659.51M24.071,450
XMTR
Xometry
1.7796 of 5 stars
$17.87
+1.2%
$26.67
+49.2%
+41.2%$868.13M$463.41M-12.76992Upcoming Earnings
ERII
Energy Recovery
4.8663 of 5 stars
$14.90
+0.3%
$25.33
+70.0%
-43.7%$854.22M$128.35M40.27269Analyst Downgrade
SCSC
ScanSource
3.3528 of 5 stars
$41.62
-1.8%
$35.50
-14.7%
+63.6%$1.05B$3.79B11.962,300Upcoming Earnings
TRS
TriMas
4.7447 of 5 stars
$25.99
-2.8%
$40.00
+53.9%
+3.4%$1.06B$893.55M26.793,400Earnings Report
Analyst Revision

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This page (NASDAQ:ASTE) was last updated on 5/6/2024 by MarketBeat.com Staff

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