NASDAQ:ASTE - Astec Industries Stock Price, News, & Analysis

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$38.43 +1.38 (+3.72 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$38.43
Today's Range$37.15 - $38.47
52-Week Range$27.86 - $64.80
Volume121,924 shs
Average Volume197,216 shs
Market Capitalization$876.13 million
P/E Ratio24.32
Dividend Yield1.19%
Beta1.54
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. The company operates through Infrastructure Group, Aggregate and Mining Group, and Energy Group segments. The Infrastructure Group segment provides hot-mix asphalt plants, wood pellet plants, asphalt pavers, material transfer vehicles, soil stabilizing reclaiming machinery, milling machines, paver screeds, and related ancillary equipment. It serves asphalt producers, highway and heavy equipment contractors, wood pellet processors, and governmental agencies. The Aggregate and Mining Group segment offers jaw and cone crushers, horizontal and vertical shaft impactors, material handling products, roll rock crushers, stationary rockbreaker systems, vibrating feeders and screens, conveyors, inclined products, vertical and horizontal screens, and sand classifying and washing equipment. This segment serves distributors, open mine operators, quarry operators, port and inland terminal operators, highway and heavy equipment contractors, and governmental agencies. The Energy Group segment offers drilling rigs; diesel pump trailers for fracking and cleaning oil and gas wells; concrete plants; commercial and industrial burners; combustion control systems; heating equipment; roofing material and rubber plants; chemical, oil sands, and energy related processing products; heat transfer processing equipment; and thermal fluid storage tanks, waste heat recovery equipment, blower trucks, whole-tree pulpwood and biomass chippers, and horizontal grinders. It serves oil, gas, and water well drilling industry contractors; processors of oil, gas, and biomass for energy production; ready mix concrete producers; and contractors in the construction and demolition recycling markets. The company was founded in 1972 and is based in Chattanooga, Tennessee.

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Industry, Sector and Symbol

Industry Construction machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
Current SymbolNASDAQ:ASTE
CUSIP04622410
Phone423-899-5898

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.18 billion
Cash Flow$2.8010 per share
Book Value$29.77 per share

Profitability

Net Income$37.79 million

Miscellaneous

Employees4,437
Market Cap$876.13 million
OptionableOptionable

Astec Industries (NASDAQ:ASTE) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, October 25th. Shareholders of record on Tuesday, November 13th will be paid a dividend of $0.11 per share on Wednesday, November 28th. This represents a $0.44 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Friday, November 9th. View Astec Industries' Dividend History.

How will Astec Industries' stock buyback program work?

Astec Industries announced that its board has initiated a stock repurchase plan on Monday, July 30th 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 13.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) announced its earnings results on Tuesday, October, 23rd. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.59 by $0.29. The industrial products company had revenue of $256.60 million for the quarter, compared to analyst estimates of $276.80 million. Astec Industries had a positive return on equity of 9.06% and a negative net margin of 0.21%. The business's revenue was up 1.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.12) EPS. View Astec Industries' Earnings History.

When is Astec Industries' next earnings date?

Astec Industries is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Astec Industries.

What price target have analysts set for ASTE?

4 analysts have issued 12 month price targets for Astec Industries' stock. Their predictions range from $53.00 to $70.00. On average, they expect Astec Industries' stock price to reach $62.00 in the next year. This suggests a possible upside of 61.3% from the stock's current price. View Analyst Price Targets for Astec Industries.

What is the consensus analysts' recommendation for Astec Industries?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astec Industries.

Has Astec Industries been receiving favorable news coverage?

Media headlines about ASTE stock have trended positive on Saturday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Astec Industries earned a news impact score of 2.7 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Astec Industries' key competitors?

Who are Astec Industries' key executives?

Astec Industries' management team includes the folowing people:
  • Mr. Benjamin G. Brock, CEO, Pres & Director (Age 48)
  • Mr. Richard J. Dorris, Interim CEO, COO & Pres (Age 58)
  • Mr. David C. Silvious, CFO, VP & Treasurer (Age 51)
  • Mr. Stephen C. Anderson, VP of Admin., Director of IR, Compliance Officer & Corp. Sec. (Age 55)
  • Mr. Jaco van der Merwe, Group Pres of the Energy (Age 46)

Who are Astec Industries' major shareholders?

Astec Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.49%), Dimensional Fund Advisors LP (7.96%), Gamco Investors INC. ET AL (5.42%), Gabelli Funds LLC (3.01%), Bank of New York Mellon Corp (2.91%) and Stifel Financial Corp (2.57%). Company insiders that own Astec Industries stock include Benjamin G Brock and W Norman Smith. View Institutional Ownership Trends for Astec Industries.

Which major investors are selling Astec Industries stock?

ASTE stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Northern Trust Corp, Bank of Montreal Can, New York State Common Retirement Fund, Barclays PLC, First Trust Advisors LP, Advisors Asset Management Inc. and BRYN MAWR TRUST Co. View Insider Buying and Selling for Astec Industries.

Which major investors are buying Astec Industries stock?

ASTE stock was purchased by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, California Public Employees Retirement System, Segall Bryant & Hamill LLC, Royce & Associates LP, Dimensional Fund Advisors LP, John G Ullman & Associates Inc., Gabelli Funds LLC and Two Sigma Investments LP. View Insider Buying and Selling for Astec Industries.

How do I buy shares of Astec Industries?

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

What is Astec Industries' stock price today?

One share of ASTE stock can currently be purchased for approximately $38.43.

How big of a company is Astec Industries?

Astec Industries has a market capitalization of $876.13 million and generates $1.18 billion in revenue each year. The industrial products company earns $37.79 million in net income (profit) each year or $1.58 on an earnings per share basis. Astec Industries employs 4,437 workers across the globe.

What is Astec Industries' official website?

The official website for Astec Industries is http://www.astecindustries.com.

How can I contact Astec Industries?

Astec Industries' mailing address is 1725 SHEPHERD ROAD, CHATTANOOGA TN, 37421. The industrial products company can be reached via phone at 423-899-5898 or via email at [email protected]


MarketBeat Community Rating for Astec Industries (NASDAQ ASTE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  629
MarketBeat's community ratings are surveys of what our community members think about Astec Industries and other stocks. Vote "Outperform" if you believe ASTE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASTE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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