ASTE vs. CMCO, TRN, ALG, GBX, LNN, WNC, MLR, TWI, PLOW, and MTW
Should you be buying Astec Industries stock or one of its competitors? The main competitors of Astec Industries include Columbus McKinnon (CMCO), Trinity Industries (TRN), Alamo Group (ALG), Greenbrier Companies (GBX), Lindsay (LNN), Wabash National (WNC), Miller Industries (MLR), Titan International (TWI), Douglas Dynamics (PLOW), and Manitowoc (MTW).
Columbus McKinnon (NASDAQ:CMCO) and Astec Industries (NASDAQ:ASTE) are both small-cap industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, media sentiment, dividends, valuation, community ranking, analyst recommendations, risk and earnings.
Columbus McKinnon has a net margin of 4.60% compared to Columbus McKinnon's net margin of 1.91%. Astec Industries' return on equity of 9.65% beat Columbus McKinnon's return on equity.
Columbus McKinnon currently has a consensus price target of $50.00, suggesting a potential upside of 26.61%. Astec Industries has a consensus price target of $43.50, suggesting a potential upside of 35.18%. Given Columbus McKinnon's higher possible upside, analysts clearly believe Astec Industries is more favorable than Columbus McKinnon.
Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.7%. Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Columbus McKinnon pays out 17.3% of its earnings in the form of a dividend. Astec Industries pays out 47.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Columbus McKinnon has raised its dividend for 2 consecutive years and Astec Industries has raised its dividend for 3 consecutive years. Astec Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Columbus McKinnon has a beta of 1.27, meaning that its stock price is 27% 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.
In the previous week, Columbus McKinnon had 12 more articles in the media than Astec Industries. MarketBeat recorded 20 mentions for Columbus McKinnon and 8 mentions for Astec Industries. Columbus McKinnon's average media sentiment score of 0.68 beat Astec Industries' score of 0.20 indicating that Astec Industries is being referred to more favorably in the news media.
Columbus McKinnon has higher earnings, but lower revenue than Astec Industries. Columbus McKinnon is trading at a lower price-to-earnings ratio than Astec Industries, indicating that it is currently the more affordable of the two stocks.
96.0% of Columbus McKinnon shares are owned by institutional investors. Comparatively, 93.2% of Astec Industries shares are owned by institutional investors. 1.5% of Columbus McKinnon shares are owned by insiders. Comparatively, 0.7% of Astec Industries shares are owned 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 received 117 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.34% of users gave Columbus McKinnon an outperform vote.
Summary
Columbus McKinnon beats Astec Industries on 11 of the 21 factors compared between the two stocks.
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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.
Skip ChartThis 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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