ASTE vs. PLOW, MTW, CMCO, ERII, XMTR, DXPE, PRLB, KRNT, GRC, and CECO
Should you be buying Astec Industries stock or one of its competitors? The main competitors of Astec Industries include Douglas Dynamics (PLOW), Manitowoc (MTW), Columbus McKinnon (CMCO), Energy Recovery (ERII), Xometry (XMTR), DXP Enterprises (DXPE), Proto Labs (PRLB), Kornit Digital (KRNT), Gorman-Rupp (GRC), and CECO Environmental (CECO).
Douglas Dynamics (NYSE:PLOW) and Astec Industries (NASDAQ:ASTE) are both small-cap auto/tires/trucks companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, earnings, profitability, analyst recommendations, risk, community ranking, institutional ownership and dividends.
Douglas Dynamics presently has a consensus target price of $28.00, suggesting a potential upside of 9.42%. Astec Industries has a consensus target price of $43.50, suggesting a potential upside of 29.89%. Given Douglas Dynamics' higher possible upside, analysts clearly believe Astec Industries is more favorable than Douglas Dynamics.
91.9% of Douglas Dynamics shares are owned by institutional investors. Comparatively, 93.2% of Astec Industries shares are owned by institutional investors. 2.5% of Douglas Dynamics 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, endowments and large money managers believe a company is poised for long-term growth.
Douglas Dynamics has a net margin of 4.90% compared to Douglas Dynamics' net margin of 1.91%. Astec Industries' return on equity of 12.95% beat Douglas Dynamics' return on equity.
In the previous week, Douglas Dynamics had 2 more articles in the media than Astec Industries. MarketBeat recorded 4 mentions for Douglas Dynamics and 2 mentions for Astec Industries. Astec Industries' average media sentiment score of 1.24 beat Douglas Dynamics' score of 0.23 indicating that Douglas Dynamics is being referred to more favorably in the media.
Astec Industries received 120 more outperform votes than Douglas Dynamics when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 55.21% of users gave Douglas Dynamics an outperform vote.
Douglas Dynamics has a beta of 1.14, meaning that its share price is 14% more volatile than the S&P 500. Comparatively, Astec Industries has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500.
Douglas Dynamics pays an annual dividend of $1.18 per share and has a dividend yield of 4.6%. Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Douglas Dynamics pays out 100.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Astec Industries pays out 47.7% of its earnings in the form of a dividend. Douglas Dynamics has raised its dividend for 14 consecutive years and Astec Industries has raised its dividend for 3 consecutive years. Douglas Dynamics is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Astec Industries has higher revenue and earnings than Douglas Dynamics. Douglas Dynamics is trading at a lower price-to-earnings ratio than Astec Industries, indicating that it is currently the more affordable of the two stocks.
Summary
Douglas Dynamics beats Astec Industries on 12 of the 21 factors compared between the two stocks.
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.
This 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.
Astec Industries Competitors List
Related Companies and Tools
