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Astec (ASTE) in Focus: Stock Moves 6% Higher
Astec Industries, Inc. (ASTE - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 25.8% in the past one-month time frame.
The company has seen three positive estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for Astec. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Astec currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Astec Industries, Inc. Price
Astec Industries, Inc. price | Astec Industries, Inc. Quote
Another stock worth considering in the Industrial Products sector is AGCO Corporation (AGCO - Free Report) which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
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