Astec Industries (ASTE)
(Delayed Data from NSDQ)
$31.29 USD
+0.25 (0.81%)
Updated Jun 10, 2024 04:00 PM ET
After-Market: $31.28 -0.01 (-0.03%) 7:58 PM ET
5-Strong Sell of 5 5
C Value F Growth C Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ASTE 31.29 +0.25(0.81%)
Will ASTE be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for ASTE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ASTE
Why Is Astec Industries (ASTE) Down 3% Since Last Earnings Report?
Astec (ASTE) Q1 Earnings Miss Estimates, Revenues Dip Y/Y
ASTE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Terex (TEX) Q1 Earnings and Revenues Beat Estimates
Here's Why Astec Industries (ASTE) is a Strong Momentum Stock
Here's Why Astec Industries (ASTE) is a Strong Momentum Stock
Other News for ASTE
Astec to participate in Stifel’s 2024 Cross Sector Insight Conference
Miller Industries Can Keep Pulling Itself Higher As Conditions Stabilize
Astec Industries downgraded at Stifel on supply-chain hurdles
Astec Industries Inc (ASTE) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges ...
Astec Industries, Inc. (ASTE) Q1 2024 Earnings Call Transcript