The stock of Astec Industries, Inc. (NASDAQ:ASTE) is a huge mover today! The stock increased 4.35% or $2.68 during the last trading session, reaching $64.29. About 204,455 shares traded or 10.03% up from the average. Astec Industries, Inc. (NASDAQ:ASTE) has risen 11.92% since January 14, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.The move comes after 7 months positive chart setup for the $1.48B company. It was reported on Jan, 14 by Barchart.com. We have $66.22 PT which if reached, will make NASDAQ:ASTE worth $44.49 million more.
Otonomy, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for diseases and disorders of the ear in the United States. The company has market cap of $177.47 million. It offers OTIPRIO, a ciprofloxacin otic suspension for use during tympanostomy tube placement surgery in pediatric patients. It currently has negative earnings. OTIPRIO has also completed a Phase III clinical trial for treating swimmerÂ’s ear and a Phase II clinical trial for treating acute otitis media with tubes.
Investors sentiment increased to 1.28 in 2017 Q3. Its up 0.10, from 1.18 in 2017Q2. It improved, as 26 investors sold Astec Industries, Inc. shares while 39 reduced holdings. 22 funds opened positions while 61 raised stakes. 17.44 million shares or 0.86% less from 17.59 million shares in 2017Q2 were reported. Ubs Asset Management Americas Incorporated holds 0% or 3,732 shares. Tiaa Cref Inv Mngmt Ltd Limited Liability Company stated it has 0.01% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE). Panagora Asset Mngmt Inc has 0% invested in Astec Industries, Inc. (NASDAQ:ASTE). Arizona-based Arizona State Retirement has invested 0.01% in Astec Industries, Inc. (NASDAQ:ASTE). Boston Prtn reported 35,190 shares stake. Thompson Davis & Communication reported 0.07% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE). Barclays Public Ltd Liability Corp owns 29,135 shares or 0% of their US portfolio. Stifel Fin Corporation stated it has 31,008 shares or 0.01% of all its holdings. State Street Corporation holds 0% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE) for 491,034 shares. Boothbay Fund Mgmt Ltd reported 0.05% in Astec Industries, Inc. (NASDAQ:ASTE). Century Companies Incorporated stated it has 98,578 shares. Moreover, Thrivent For Lutherans has 0.02% invested in Astec Industries, Inc. (NASDAQ:ASTE) for 78,716 shares. Louisiana State Employees Retirement Sys, Louisiana-based fund reported 7,800 shares. Wells Fargo And Mn has invested 0% in Astec Industries, Inc. (NASDAQ:ASTE). Sei Invests reported 11,070 shares or 0% of all its holdings.
Astec Industries, Inc. designs, engineers, makes, and markets equipment and components primarily for the road building, aggregate processing, geothermal, water, gas and oil, and wood processing industries in the United States and internationally. The company has market cap of $1.48 billion. The Company’s Infrastructure Group segment offers asphalt and wood pellet plants, and related components; asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment; and commercial pavers. It has a 38.04 P/E ratio. The company??s Aggregate and Mining Group segment provides aggregate processing and mining equipment; crushers, portable plants, sand classifying and washing equipment, and conveying equipment; mobile screening plants, portable and stationary structures, and vibrating screens; aggregate and ore processing equipment; rock breaking systems, processing equipment, and utility vehicles; and bulk material handling systems and minerals processing equipment.
Among 9 analysts covering Astec Industries (NASDAQ:ASTE), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Astec Industries had 17 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Dougherty & Company given on Tuesday, December 20. On Tuesday, July 19 the stock rating was downgraded by Robert W. Baird to “Underweight”. On Tuesday, January 2 the stock rating was upgraded by William Blair to “Outperform”. The stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Outperform” rating given on Tuesday, October 3 by Robert W. Baird. The company was maintained on Tuesday, October 3 by Stifel Nicolaus. The stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Buy” rating given on Monday, May 16 by Maxim Group. Stifel Nicolaus maintained Astec Industries, Inc. (NASDAQ:ASTE) on Wednesday, July 5 with “Buy” rating. Dougherty downgraded Astec Industries, Inc. (NASDAQ:ASTE) on Wednesday, July 26 to “Neutral” rating. The rating was maintained by Robert W. Baird with “Buy” on Friday, November 10. The rating was maintained by Maxim Group on Tuesday, October 20 with “Buy”.
Analysts await Astec Industries, Inc. (NASDAQ:ASTE) to report earnings on February, 20. They expect $0.45 earnings per share, down 15.09% or $0.08 from last year’s $0.53 per share. ASTE’s profit will be $10.38 million for 35.72 P/E if the $0.45 EPS becomes a reality. After $-0.12 actual earnings per share reported by Astec Industries, Inc. for the previous quarter, Wall Street now forecasts -475.00% EPS growth.
Analysts await Otonomy, Inc. (NASDAQ:OTIC) to report earnings on March, 1. They expect $-0.67 earnings per share, up 23.86% or $0.21 from last year’s $-0.88 per share. After $-0.69 actual earnings per share reported by Otonomy, Inc. for the previous quarter, Wall Street now forecasts -2.90% EPS growth.
New Leaf Venture Partners L.L.C. holds 0.17% of its portfolio in Otonomy, Inc. for 109,825 shares. Sio Capital Management Llc owns 100,900 shares or 0.17% of their US portfolio. Moreover, Tpg Group Holdings (Sbs) Advisors Inc. has 0.11% invested in the company for 2.16 million shares. The Georgia-based Lakeview Capital Partners Llc has invested 0.1% in the stock. Spark Investment Management Llc, a New York-based fund reported 220,000 shares.
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