Astec Industries (ASTE) Stock Price, News & Analysis

Company Overview

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities worldwide. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Key Stats

• Today's Range: $42.40 to $43.35
• 50-Day Range: $35.27 to $42.89
• 52-Week Range: $28.46 to $43.32
• Volume: 106,246 shs
• Average Volume: 152,727 shs
• Market Capitalization: $974.26 million
• P/E Ratio: 64.55
• Dividend Yield: 1.22%
• Price Target: $41.00
• Consensus Rating: Hold

Astec Industries Stock Analysis - MarketRank™

Astec Industries scored higher than 15% of companies evaluated by MarketBeat, and ranked 168th out of 183 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Astec Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Astec Industries has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Astec Industries is 64.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Astec Industries is 64.55, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 24.96.

Price to Book Value per Share Ratio

Astec Industries has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.42% of the float of Astec Industries has been sold short.

Short Interest Ratio / Days to Cover

Astec Industries has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Astec Industries has recently increased by 38.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Astec Industries pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Astec Industries does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Astec Industries is 78.79%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.42% of the float of Astec Industries has been sold short.

Short Interest Ratio / Days to Cover

Astec Industries has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Astec Industries has recently increased by 38.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.46

News Sentiment

Astec Industries has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Astec Industries this week, compared to 3 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Astec Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $18,637.00 in company stock.

Percentage Held by Insiders

Only 0.69% of the stock of Astec Industries is held by insiders.

Percentage Held by Institutions

93.16% of the stock of Astec Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ASTE Stock Analysis - Frequently Asked Questions

How have ASTE shares performed this year?

Astec Industries' stock was trading at $33.60 at the start of the year. Since then, ASTE stock has increased by 26.8% and is now trading at $42.60.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) posted its quarterly earnings results on Tuesday, April, 29th. The industrial products company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.42. The business's revenue for the quarter was up 6.5% on a year-over-year basis.
Read the conference call transcript.

How do I buy shares of Astec Industries?

Shares of ASTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Astec Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Astec Industries investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and First Solar (FSLR).

Company Calendar

• Last Earnings: 4/29/2025
• Record date for 5/30 Dividend: 5/13/2025
• Ex-Dividend for 5/30 Dividend: 5/13/2025
• Dividend Payable: 5/30/2025
• Today: 7/03/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: MACH - CONST/MNG
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NASDAQ:ASTE
• CIK: 792987
• Web: www.astecindustries.com
• Phone: (423) 899-5898
• Fax: 423-899-4456
• Employees: 4,148
• Year Founded: 1972

Price Target and Rating

• Average Stock Price Target: $41.00
• High Stock Price Target: $41.00
• Low Stock Price Target: $41.00
• Potential Upside/Downside: -4.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.66
• Trailing P/E Ratio: 64.99
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.30 million
• Net Margins: 1.15%
• Pretax Margin: 2.18%
• Return on Equity: 10.72%
• Return on Assets: 6.41%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 2.66
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $1.31 billion
• Price / Sales: 0.75
• Cash Flow: $4.60 per share
• Price / Cash Flow: 9.33
• Book Value: $27.96 per share
• Price / Book: 1.53

Miscellaneous

• Outstanding Shares: 22,870,000
• Free Float: 22,709,000
• Market Cap: $980.89 million
• Optionable: Optionable
• Beta: 1.40