About Astec Industries (NASDAQ:ASTE)
Astec Industries, Inc. designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities. Its segments include Infrastructure Group, Aggregate and Mining Group and Energy Group. The Infrastructure Group segment is made up of five business units, including Astec, Inc., Roadtec, Inc., Carlson Paving Products, Inc., Astec Mobile Machinery GmbH and Astec Australia Pty Ltd. Its Aggregate and Mining Group consists of eight business units that are focused on designing and manufacturing heavy processing equipment, as well as servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. Its Energy Group includes five business units focused on supplying heavy equipment, such as heaters, drilling rigs, concrete plants, wood chippers and grinders, pump trailers, storage equipment and related parts to the oil and gas, construction and water well industries.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Construction Machinery
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NASDAQ:ASTE
- CUSIP: 04622410
- Web: www.astecindustries.com
- Market Cap: $1.20582 billion
- Outstanding Shares: 23,069,000
- 50 Day Moving Avg: $52.13
- 200 Day Moving Avg: $54.63
- 52 Week Range: $45.70 - $73.37
Sales & Book Value:
- Trailing P/E Ratio: 24.88
- Foreward P/E Ratio: 17.19
- P/E Growth: 2.57
- Annual Revenue: $1.19 billion
- Price / Sales: 1.01
- Book Value: $29.35 per share
- Price / Book: 1.78
- Annual Dividend: $0.40
- Dividend Yield: 0.8%
- EBITDA: $100.27 million
- Net Margins: 4.08%
- Return on Equity: 7.40%
- Return on Assets: 5.64%
- Current Ratio: 3.47%
- Quick Ratio: 1.31%
- Average Volume: 156,998 shs.
- Beta: 1.11
- Short Ratio: 1.32
Frequently Asked Questions for Astec Industries (NASDAQ:ASTE)
What is Astec Industries' stock symbol?
Astec Industries trades on the NASDAQ under the ticker symbol "ASTE."
How often does Astec Industries pay dividends? What is the dividend yield for Astec Industries?
Astec Industries declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, August 11th will be given a dividend of $0.10 per share on Tuesday, August 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Wednesday, August 9th. View Astec Industries' Dividend History.
How were Astec Industries' earnings last quarter?
Astec Industries, Inc. (NASDAQ:ASTE) released its quarterly earnings results on Tuesday, July, 25th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.80 by $0.18. The firm earned $301.90 million during the quarter, compared to the consensus estimate of $314.31 million. Astec Industries had a net margin of 4.08% and a return on equity of 7.40%. The firm's revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.79 earnings per share. View Astec Industries' Earnings History.
When will Astec Industries make its next earnings announcement?
Where is Astec Industries' stock going? Where will Astec Industries' stock price be in 2017?
3 brokers have issued 1 year price objectives for Astec Industries' stock. Their forecasts range from $65.00 to $85.00. On average, they expect Astec Industries' share price to reach $75.00 in the next twelve months. View Analyst Ratings for Astec Industries.
Who are some of Astec Industries' key competitors?
Some companies that are related to Astec Industries include Alarm.com Holdings (ALRM), Proto Labs (PRLB), Franklin Electric Co. (FELE), iRobot Corporation (IRBT), Mueller Industries (MLI), Mueller Water Products (MWA), Albany International Corporation (AIN), SPX FLOW (FLOW), Harsco Corporation (HSC), EnPro Industries (NPO), Kaiser Aluminum Corporation (KALU), MRC Global (MRC), Actuant Corporation (ATU), Kaman Corporation (KAMN), ESCO Technologies (ESE), Sun Hydraulics Corporation (SNHY), Mobile Mini (MINI) and Altra Industrial Motion Corp. (AIMC).
Who are Astec Industries' key executives?
Astec Industries' management team includes the folowing people:
- Benjamin G. Brock, President, Chief Executive Officer, Director
- W. Norman Smith, Vice Chairman of the Board
- David C. Silvious CPA, Chief Financial Officer, Vice President, Treasurer
- Michael A. Bremmer, President of CEI Enterprises, Inc.
- Steven L. Claude, Group President - Infrastructure Group
- Chris Colwell, President of Carlson Paving Products
- Lawrence R. Cumming, President of Peterson Pacific Corp.
- Timothy D. Gonigam, President of Astec Mobile Screens, Inc.
- Matthew B. Haven, President of Telsmith, Inc.
- Jeffrey L. May, President of Kolberg-Pioneer, Inc
Who owns Astec Industries stock?
Astec Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Strs Ohio (0.08%) and Quantitative Systematic Strategies LLC (0.03%). Company insiders that own Astec Industries stock include David C Silvious, Jeffrey J Elliott, Jeffrey L May, John J Irvine III, Malcolm L Swanson, Michael A Bremmer, Richard A Patek, Robin A Leffew, Stephen C Anderson, Steven L Claude, Tommie Kruger and W Norman Smith. View Institutional Ownership Trends for Astec Industries.
Who bought Astec Industries stock? Who is buying Astec Industries stock?
How do I buy Astec Industries stock?
Shares of Astec Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Astec Industries' stock price today?
MarketBeat Community Rating for Astec Industries (NASDAQ ASTE)MarketBeat's community ratings are surveys of what our community members think about Astec Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Astec Industries stock can currently be purchased for approximately $52.27.
Consensus Ratings for Astec Industries (NASDAQ:ASTE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$75.00 (43.49% upside)|Consensus Price Target History for Astec Industries (NASDAQ:ASTE)
Analysts' Ratings History for Astec Industries (NASDAQ:ASTE)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/3/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$56.00 -> $65.00||High|
|7/26/2017||Dougherty & Co||Downgrade||Buy -> Neutral||$85.00||High|
|3/7/2017||Griffin Securities||Reiterated Rating||Buy||N/A|
|7/27/2016||Maxim Group||Boost Price Target||Buy||$60.00 -> $68.00||N/A|
|7/27/2016||Stifel Nicolaus||Boost Price Target||Buy||$63.00 -> $66.00||N/A|
|7/12/2016||BB&T Corporation||Reiterated Rating||Buy -> Hold||N/A|
|7/6/2016||Seaport Global Securities||Downgrade||Accumulate -> Neutral||$52.00||N/A|
Earnings History for Astec Industries (NASDAQ:ASTE)Earnings History by Quarter for Astec Industries (NASDAQ ASTE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.80||$0.62||$314.31 million||$301.90 million||View||N/A|
|4/25/2017||Q1 2017||$0.66||$0.65||$291.51 million||$318.40 million||View||N/A|
|2/21/2017||Q4 2016||$0.53||$0.53||$270.82 million||$326.56 million||View||Listen|
|10/25/2016||Q316||$0.35||$0.30||$244.36 million||$247.80 million||View||Listen|
|7/26/2016||Q216||$0.75||$0.79||$283.44 million||$294.40 million||View||Listen|
|4/26/2016||Q116||$0.71||$0.77||$302.55 million||$278.70 million||View||Listen|
|2/23/2016||Q415||$0.36||$0.16||$242.71 million||$215.00 million||View||Listen|
|10/20/2015||Q315||$0.27||$0.10||$225.27 million||$211.40 million||View||Listen|
|7/21/2015||Q215||$0.69||$0.51||$290.65 million||$268.00 million||View||Listen|
|4/21/2015||Q115||$0.57||$0.65||$257.95 million||$288.70 million||View||N/A|
|2/24/2015||Q414||$0.36||$0.37||$235.34 million||$239.50 million||View||N/A|
|10/21/2014||Q314||$0.42||$0.08||$234.63 million||$220.20 million||View||Listen|
|7/22/2014||Q214||$0.62||$0.63||$264.26 million||$277.30 million||View||N/A|
|4/22/2014||Q114||$0.55||$0.41||$257.75 million||$238.70 million||View||N/A|
|2/25/2014||Q413||$0.37||$0.36||$224.46 million||$223.90 million||View||N/A|
|10/22/2013||Q313||$0.37||$0.28||$232.91 million||$213.20 million||View||N/A|
|7/23/2013||Q2 2013||$0.55||$0.48||$253.01 million||$248.10 million||View||N/A|
|4/23/2013||Q1 2013||$0.54||$0.57||$256.44 million||$247.80 million||View||N/A|
|2/26/2013||Q4 2012||$0.38||$0.47||$247.70 million||$227.60 million||View||N/A|
|10/26/2012||Q312||$0.42||$0.30||$243.40 million||$227.00 million||View||N/A|
Earnings Estimates for Astec Industries (NASDAQ:ASTE)
2017 EPS Consensus Estimate: $2.41
2018 EPS Consensus Estimate: $3.20
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Astec Industries (NASDAQ:ASTE)
|Most Recent Dividend:||8/29/2017|
|Payout Ratio:||19.05% (Trailing 12 Months of Earnings) |
20.73% (Based on This Year's Estimates)
13.16% (Based on Next Year's Estimates)
Dividend History by Quarter for Astec Industries (NASDAQ ASTE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Astec Industries (NASDAQ:ASTE)
Insider Ownership Percentage: 1.70%Insider Trades by Quarter for Astec Industries (NASDAQ:ASTE)
Institutional Ownership Percentage: 78.63%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/28/2017||W Norman Smith||Vice Chairman||Sell||5,000||$62.77||$313,850.00|| |
|11/30/2016||Michael A. Bremmer||Insider||Sell||1,699||$66.93||$113,714.07|| |
|11/10/2016||Tommie Kruger||Insider||Sell||1,945||$63.36||$123,235.20|| |
|11/9/2016||John J. Irvine III||Insider||Sell||3,221||$64.51||$207,786.71|| |
|8/5/2016||David C Silvious||CFO||Sell||1,076||$59.98||$64,538.48|| |
|8/1/2016||Stephen C. Anderson||VP||Sell||1,070||$60.59||$64,831.30|| |
|8/1/2016||W Norman Smith||Vice Chairman||Sell||10,000||$60.22||$602,200.00|| |
|7/29/2016||Steven L. Claude||Insider||Sell||1,987||$60.23||$119,677.01|| |
|5/25/2016||Richard A Patek||Insider||Sell||1,769||$53.07||$93,880.83|| |
|5/24/2016||Richard A Patek||Insider||Sell||1,900||$53.06||$100,814.00|| |
|5/18/2016||Robin A Leffew||Insider||Sell||404||$52.00||$21,008.00|| |
|5/13/2016||Jeffrey L May||Insider||Sell||800||$50.09||$40,072.00|| |
|5/11/2016||Jeffrey J Elliott||VP||Sell||2,718||$49.06||$133,345.08|| |
|5/10/2016||Malcolm L Swanson||Insider||Sell||2,987||$49.33||$147,348.71|| |
|4/28/2015||Benjamin G Brock||CEO||Sell||17,200||$43.62||$750,264.00|| |
|4/27/2015||Benjamin G Brock||CEO||Sell||12,800||$43.08||$551,424.00|| |
|8/25/2014||Jeffrey L Richmond||Insider||Sell||1,250||$41.36||$51,700.00|| |
|8/21/2014||Richard A Patek||Insider||Sell||6,200||$41.52||$257,424.00|| |
|4/30/2014||William Glenwood Dorey||Director||Buy||5,000||$39.81||$199,050.00|| |
|4/29/2014||Tommie Kruger||Director||Sell||4,359||$40.02||$174,447.18|| |
|2/28/2014||J Don Brock||Chairman||Sell||13,000||$40.53||$526,890.00|| |
|11/19/2013||Daniel Frierson||Director||Sell||1,287||$33.45||$43,050.15|| |
|8/14/2013||J Don Brock||CEO||Sell||4,815||$35.20||$169,488.00|| |
|8/5/2013||J Don Brock||CEO||Sell||8,085||$35.51||$287,098.35|| |
|8/1/2013||J Don Brock||CEO||Sell||17,100||$35.42||$605,682.00|| |
|8/1/2013||W Norman Smith||President||Sell||10,000||$35.50||$355,000.00|| |
|7/29/2013||Jeffrey L Richmond||Insider||Sell||1,200||$35.37||$42,444.00|| |
|7/26/2013||Joseph P Vig||VP||Sell||2,750||$35.89||$98,697.50|| |
|11/13/2012||Jeffrey L Richmond||Insider||Sell||1,400||$28.92||$40,488.00|| |
Headline Trends for Astec Industries (NASDAQ:ASTE)
Latest Headlines for Astec Industries (NASDAQ:ASTE)
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Astec Industries (ASTE) Chart for Monday, October, 23, 2017