Astec Industries, Inc. (ASTE - Free Report) was a big mover last session, as the company saw its shares rise over 16% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $53.53 to $60.27 in the past one-month time frame.
The company has seen three negative estimate revisions in the last 30 days, while the Zacks Consensus Estimate moved lower suggesting trouble down the road. So, make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Astec Industries has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is ACCO Brands Corporation (ACCO - Free Report) , sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ASTE going up? Or down? Predict to see what others think: Up or Down
The Best Place to Start Your Stock Search
Today, you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>