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Astec Industries (ASTE) Jumps: Stock Rises 6.7%

Zacks Equity Research

Astec Industries, Inc. (ASTE) was a big mover last session, as the company saw its shares rise by roughly 7% 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 of the company as the stock has now gained almost 22% since Feb 19.

This farm & construction machinery company has seen two positive and two negative estimate revisions over the last 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Astec Industries. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Astec Industries has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the industrial goods sector include The Manitowoc Company, Inc. (MTW), Ball Corporation (BLL) and Komatsu Ltd. (KMTUY).  While The Manitowoc Company and Ball Corporation hold a Zacks Rank #1 (Strong Buy), Komatsu carries a Zacks Rank #2 (Buy).

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ASTEC IND INC (ASTE): Free Stock Analysis Report

MANITOWOC CO INC (MTW): Free Stock Analysis Report

BALL CORP (BLL): Free Stock Analysis Report

KOMATSU LTD SPONS AD (KMTUY): Free Stock Analysis Report

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