Astec Industries (ASTE) Stock Price, News & Analysis

Company Overview

Astec Industries, Inc. (NASDAQ:ASTE) is a leading global manufacturer of equipment for the asphalt road building, aggregate processing, pipeline, and concrete industries. The company designs, engineers, and produces a broad portfolio that includes asphalt plants and mixers, cold-milling machines, material processing systems, concrete plants, and tunneling equipment. Astec also offers components and parts, as well as aftermarket support, to help contractors optimize operational uptime and performance.

Founded in the early 1970s and headquartered in Chattanooga, Tennessee, Astec Industries has grown through both internal innovation and strategic acquisitions. Over the decades, the company has expanded its product range to serve a variety of infrastructure and industrial markets, integrating technologies from acquired businesses into its core divisions. This growth strategy has enabled Astec to enhance its manufacturing capabilities and broaden its engineering expertise, positioning it to address evolving customer needs.

Astec Industries operates through a network of manufacturing facilities and distribution centers across North America, South America, Europe, Asia, and Australia. This global footprint allows the company to serve municipal, government, and private sector customers involved in highway construction, mining operations, pipeline installation and maintenance, as well as concrete production projects. By maintaining local production and service sites, Astec can respond quickly to regional market demands and provide timely technical support.

The company is led by President and Chief Executive Officer Michael W. Levy, supported by a senior management team with decades of experience in heavy-equipment manufacturing and international sales. Astec’s leadership emphasizes continuous product development, customer service excellence, and operational efficiency. Through ongoing investments in research and development, Astec aims to deliver innovative machinery and digital solutions that improve project productivity and sustainability for its global customer base.

Key Stats

• Today's Range: $38.19 to $38.98
• 50-Day Range: $38.61 to $42.89
• 52-Week Range: $29.04 to $43.35
• Volume: 7,482 shs
• Average Volume: 153,916 shs
• Market Capitalization: $896.50 million
• P/E Ratio: 59.40
• Dividend Yield: 1.33%
• Price Target: $41.00
• Consensus Rating: Hold

Astec Industries Stock Analysis - MarketRank™

Astec Industries scored higher than 13% 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 58.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Astec Industries is 58.50, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.20.

Price to Book Value per Share Ratio

Astec Industries has a P/B Ratio of 1.38. 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

2.47% 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 3.6, 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 1.89%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Astec Industries pays a meaningful dividend of 1.31%, 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

2.47% 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 3.6, 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 1.89%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.58

News Sentiment

Astec Industries has a news sentiment score of 0.58. 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 is a lower news sentiment than the 0.70 average news sentiment score 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 beginning of 2025. Since then, ASTE stock has increased by 14.9% and is now trading at $38.61.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) posted its earnings results on Tuesday, April, 29th. The industrial products company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.42. The company's revenue for the quarter was up 6.5% compared to the same quarter last year.
Read the conference call transcript.

Who are Astec Industries' major shareholders?

Top institutional shareholders of Astec Industries include State of Alaska Department of Revenue (0.06%), Wealth Enhancement Advisory Services LLC (0.03%), AM Investment Strategies LLC (0.02%) and Tompkins Financial Corp (0.01%). Insiders that own company stock include Michael Paul Norris and Edward Terrell Gilbert Jr.
View institutional ownership trends.

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: 7/17/2025
• 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 Price Target for Astec Industries: $41.00
• High Price Target: $41.00
• Low Price Target: $41.00
• Potential Upside/Downside: +6.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.66
• Trailing P/E Ratio: 58.50
• 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: $1.33 billion
• Price / Sales: 0.67
• Cash Flow: $4.49 per share
• Price / Cash Flow: 8.59
• Book Value: $27.96 per share
• Price / Book: 1.38

Miscellaneous

• Outstanding Shares: 22,867,000
• Free Float: 22,709,000
• Market Cap: $882.89 million
• Optionable: Optionable
• Beta: 1.40