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

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$31.83 -0.67 (-2.06 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$32.50
Today's Range$31.20 - $33.3375
52-Week Range$31.20 - $64.80
Volume174,434 shs
Average Volume186,072 shs
Market Capitalization$740.92 million
P/E Ratio20.15
Dividend Yield1.31%
Beta1.36
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

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

Debt

Debt-to-Equity Ratio0.04
Current Ratio3.02
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio20.15
Forward P/E Ratio11.45
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.18 billion
Price / Sales0.61
Cash Flow$2.6525 per share
Price / Cash Flow12.00
Book Value$29.77 per share
Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$1.58
Net Income$37.79 million
Net Margins-0.21%
Return on Equity9.06%
Return on Assets6.72%

Miscellaneous

Employees4,437
Outstanding Shares22,800,000
Market Cap$740.92 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 declared a quarterly dividend on Thursday, October 25th. Investors of record on Tuesday, November 13th will be given a dividend of $0.11 per share on Wednesday, November 28th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.38%. 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 of Directors has authorized a stock buyback program on Monday, July 30th 2018, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 13.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) released its earnings results on Tuesday, October, 23rd. The industrial products company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.29. The industrial products company had revenue of $256.60 million for the quarter, compared to the consensus estimate of $276.80 million. Astec Industries had a positive return on equity of 9.06% and a negative net margin of 0.21%. Astec Industries's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the business earned ($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?

5 equities research analysts have issued 1-year price objectives for Astec Industries' shares. Their forecasts range from $53.00 to $70.00. On average, they anticipate Astec Industries' share price to reach $62.00 in the next twelve months. This suggests a possible upside of 94.8% from the stock's current price. View Analyst Price Targets for Astec Industries.

What is the consensus analysts' recommendation for Astec Industries?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 4 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?

News coverage about ASTE stock has been trending very positive on Monday, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Astec Industries earned a news sentiment score of 3.9 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several 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 47)
  • Mr. David C. Silvious, CFO, VP & Treasurer (Age 50)
  • Mr. Richard J. Dorris, COO & Exec. VP (Age 57)
  • Mr. Stephen C. Anderson, VP of Admin., Director of IR, Compliance Officer & Corp. Sec. (Age 54)
  • Mr. Timothy Gonigam, Pres of Astec Mobile Screens Inc (Age 55)

Who are Astec Industries' major shareholders?

Astec Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.32%), Vanguard Group Inc. (9.07%), Franklin Resources Inc. (8.97%), State of New Jersey Common Pension Fund D (6.11%), Gamco Investors INC. ET AL (5.32%) and Bank of New York Mellon Corp (2.80%). 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 Penn Capital Management Co. Inc., Great West Life Assurance Co. Can, AQR Capital Management LLC, State of New Jersey Common Pension Fund D, Morgan Stanley, TIAA CREF Investment Management LLC, Benjamin F. Edwards & Company Inc. and Credit Suisse AG. View Insider Buying and Selling for Astec Industries.

Which major investors are buying Astec Industries stock?

ASTE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Investment Counselors of Maryland LLC, Royce & Associates LP, WINTON GROUP Ltd, Vanguard Group Inc., Tocqueville Asset Management L.P., Russell Investments Group Ltd. and Broadview Advisors LLC. 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 $31.83.

How big of a company is Astec Industries?

Astec Industries has a market capitalization of $740.92 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:  307 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  616
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 12/10/2018 by MarketBeat.com Staff

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