Astec Industries Company Profile (NASDAQ:ASTE)

About Astec Industries (NASDAQ:ASTE)

Astec Industries logoAstec 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
Capitalization:
  • Market Cap: $1.20582 billion
  • Outstanding Shares: 23,069,000
Average Prices:
  • 50 Day Moving Avg: $52.13
  • 200 Day Moving Avg: $54.63
  • 52 Week Range: $45.70 - $73.37
P/E:
  • Trailing P/E Ratio: 24.89
  • Foreward P/E Ratio: 17.19
  • P/E Growth: 2.57
Sales & Book Value:
  • Annual Revenue: $1.19 billion
  • Price / Sales: 1.01
  • Book Value: $29.35 per share
  • Price / Book: 1.78
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 0.8%
Profitability:
  • EBITDA: $100.27 million
  • Net Margins: 4.08%
  • Return on Equity: 7.40%
  • Return on Assets: 5.64%
Debt:
  • Current Ratio: 3.47%
  • Quick Ratio: 1.31%
Misc:
  • 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 paid a dividend of $0.10 per share on Tuesday, August 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Wednesday, August 9th. View Astec Industries' Dividend History.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) released its earnings results on Tuesday, July, 25th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by $0.18. The business earned $301.90 million during the quarter, compared to analyst estimates of $314.31 million. Astec Industries had a net margin of 4.08% and a return on equity of 7.40%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 earnings per share. View Astec Industries' Earnings History.

When will Astec Industries make its next earnings announcement?

Astec Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Astec Industries.

Where is Astec Industries' stock going? Where will Astec Industries' stock price be in 2017?

3 equities research analysts 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?

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 institutional and retail investors. Top institutional investors include 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?

Astec Industries' stock was purchased by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC. View Insider Buying and Selling for Astec Industries.

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?

One share of Astec Industries stock can currently be purchased for approximately $52.27.


MarketBeat Community Rating for Astec Industries (NASDAQ ASTE)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  155 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  306
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.

Analyst Ratings

Consensus Ratings for Astec Industries (NASDAQ:ASTE) (How are Consensus Ratings Calculated?)
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)
Price Target History for Astec Industries (NASDAQ:ASTE)
Analysts' Ratings History for Astec Industries (NASDAQ:ASTE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Robert W. BairdUpgradeNeutral -> Outperform$56.00 -> $65.00HighView Rating Details
7/26/2017Dougherty & CoDowngradeBuy -> Neutral$85.00HighView Rating Details
3/7/2017Griffin SecuritiesReiterated RatingBuyN/AView Rating Details
7/27/2016Maxim GroupBoost Price TargetBuy$60.00 -> $68.00N/AView Rating Details
7/27/2016Stifel NicolausBoost Price TargetBuy$63.00 -> $66.00N/AView Rating Details
7/12/2016BB&T CorporationReiterated RatingBuy -> HoldN/AView Rating Details
7/6/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$52.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Astec Industries (NASDAQ:ASTE)
Earnings by Quarter for Astec Industries (NASDAQ:ASTE)
Earnings History by Quarter for Astec Industries (NASDAQ ASTE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$0.47N/AView Earnings Details
7/25/2017Q2 2017$0.80$0.62$314.31 million$301.90 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.66$0.65$291.51 million$318.40 millionViewN/AView Earnings Details
2/21/2017Q4 2016$0.53$0.53$270.82 million$326.56 millionViewListenView Earnings Details
10/25/2016Q316$0.35$0.30$244.36 million$247.80 millionViewListenView Earnings Details
7/26/2016Q216$0.75$0.79$283.44 million$294.40 millionViewListenView Earnings Details
4/26/2016Q116$0.71$0.77$302.55 million$278.70 millionViewListenView Earnings Details
2/23/2016Q415$0.36$0.16$242.71 million$215.00 millionViewListenView Earnings Details
10/20/2015Q315$0.27$0.10$225.27 million$211.40 millionViewListenView Earnings Details
7/21/2015Q215$0.69$0.51$290.65 million$268.00 millionViewListenView Earnings Details
4/21/2015Q115$0.57$0.65$257.95 million$288.70 millionViewN/AView Earnings Details
2/24/2015Q414$0.36$0.37$235.34 million$239.50 millionViewN/AView Earnings Details
10/21/2014Q314$0.42$0.08$234.63 million$220.20 millionViewListenView Earnings Details
7/22/2014Q214$0.62$0.63$264.26 million$277.30 millionViewN/AView Earnings Details
4/22/2014Q114$0.55$0.41$257.75 million$238.70 millionViewN/AView Earnings Details
2/25/2014Q413$0.37$0.36$224.46 million$223.90 millionViewN/AView Earnings Details
10/22/2013Q313$0.37$0.28$232.91 million$213.20 millionViewN/AView Earnings Details
7/23/2013Q2 2013$0.55$0.48$253.01 million$248.10 millionViewN/AView Earnings Details
4/23/2013Q1 2013$0.54$0.57$256.44 million$247.80 millionViewN/AView Earnings Details
2/26/2013Q4 2012$0.38$0.47$247.70 million$227.60 millionViewN/AView Earnings Details
10/26/2012Q312$0.42$0.30$243.40 million$227.00 millionViewN/AView Earnings Details
7/24/2012$0.67$0.45ViewN/AView Earnings Details
4/24/2012$0.61$0.53ViewN/AView Earnings Details
2/21/2012$0.40$0.41ViewN/AView Earnings Details
10/25/2011$0.51$0.34ViewN/AView Earnings Details
7/25/2011$0.60$0.61ViewN/AView Earnings Details
4/25/2011$0.42$0.44ViewN/AView Earnings Details
2/22/2011$0.22$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Astec Industries (NASDAQ:ASTE)
2017 EPS Consensus Estimate: $2.41
2018 EPS Consensus Estimate: $3.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.64$0.90$0.74
Q2 20173$0.77$0.80$0.78
Q3 20174($0.21)$0.50$0.03
Q4 20173$0.72$0.93$0.86
Q1 20182$0.80$0.88$0.84
Q2 20182$0.75$0.80$0.78
Q3 20182$0.51$0.60$0.56
Q4 20182$1.00$1.05$1.03
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Astec Industries (NASDAQ:ASTE)
Most Recent Dividend:8/29/2017
Annual Dividend:$0.40
Dividend Yield:0.77%
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 Payments by Quarter for Astec Industries (NASDAQ:ASTE)

Dividend History by Quarter for Astec Industries (NASDAQ ASTE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2017Quarterly$0.100.8%8/9/20178/11/20178/29/2017
5/1/2017Quarterly$0.100.63%5/9/20175/11/20175/26/2017
2/27/2017Quarterly$0.100.63%3/8/20173/10/20173/28/2017
10/31/2016Quarterly$0.100.73%11/8/201611/10/201611/28/2016
8/3/2016quarterly$0.100.67%8/9/20168/11/20168/29/2016
5/2/2016quarterly$0.100.82%5/9/20165/11/20165/27/2016
2/29/2016quarterly$0.100.92%3/8/20163/10/20163/28/2016
10/26/2015quarterly$0.101.27%11/6/201511/10/201511/25/2015
7/27/2015quarterly$0.101.06%8/7/20158/11/20158/28/2015
4/28/2015quarterly$0.100.92%5/8/20155/12/20155/28/2015
3/2/2015quarterly$0.100.94%3/6/20153/10/20153/27/2015
10/27/2014quarterly$0.101.11%11/6/201411/11/201411/28/2014
7/30/2014quarterly$0.101.01%8/8/20148/12/20148/29/2014
4/30/2014quarterly$0.101%5/8/20145/12/20145/29/2014
3/3/2014quarterly$0.101.01%3/6/20143/10/20143/25/2014
10/29/2013quarterly$0.101.19%11/7/201311/12/201311/29/2013
7/31/2013quarterly$0.101.14%8/9/20138/13/20138/30/2013
4/26/2013quarterly$0.101.22%5/9/20135/13/20135/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Astec Industries (NASDAQ:ASTE)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 78.63%
Insider Trades by Quarter for Astec Industries (NASDAQ:ASTE)
Institutional Ownership by Quarter for Astec Industries (NASDAQ:ASTE)
Insider Trades by Quarter for Astec Industries (NASDAQ:ASTE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/28/2017W Norman SmithVice ChairmanSell5,000$62.77$313,850.00View SEC Filing  
11/30/2016Michael A. BremmerInsiderSell1,699$66.93$113,714.07View SEC Filing  
11/10/2016Tommie KrugerInsiderSell1,945$63.36$123,235.20View SEC Filing  
11/9/2016John J. Irvine IIIInsiderSell3,221$64.51$207,786.71View SEC Filing  
8/5/2016David C SilviousCFOSell1,076$59.98$64,538.48View SEC Filing  
8/1/2016Stephen C. AndersonVPSell1,070$60.59$64,831.30View SEC Filing  
8/1/2016W Norman SmithVice ChairmanSell10,000$60.22$602,200.00View SEC Filing  
7/29/2016Steven L. ClaudeInsiderSell1,987$60.23$119,677.01View SEC Filing  
5/25/2016Richard A PatekInsiderSell1,769$53.07$93,880.83View SEC Filing  
5/24/2016Richard A PatekInsiderSell1,900$53.06$100,814.00View SEC Filing  
5/18/2016Robin A LeffewInsiderSell404$52.00$21,008.00View SEC Filing  
5/13/2016Jeffrey L MayInsiderSell800$50.09$40,072.00View SEC Filing  
5/11/2016Jeffrey J ElliottVPSell2,718$49.06$133,345.08View SEC Filing  
5/10/2016Malcolm L SwansonInsiderSell2,987$49.33$147,348.71View SEC Filing  
4/28/2015Benjamin G BrockCEOSell17,200$43.62$750,264.00View SEC Filing  
4/27/2015Benjamin G BrockCEOSell12,800$43.08$551,424.00View SEC Filing  
8/25/2014Jeffrey L RichmondInsiderSell1,250$41.36$51,700.00View SEC Filing  
8/21/2014Richard A PatekInsiderSell6,200$41.52$257,424.00View SEC Filing  
4/30/2014William Glenwood DoreyDirectorBuy5,000$39.81$199,050.00View SEC Filing  
4/29/2014Tommie KrugerDirectorSell4,359$40.02$174,447.18View SEC Filing  
2/28/2014J Don BrockChairmanSell13,000$40.53$526,890.00View SEC Filing  
11/19/2013Daniel FriersonDirectorSell1,287$33.45$43,050.15View SEC Filing  
8/14/2013J Don BrockCEOSell4,815$35.20$169,488.00View SEC Filing  
8/5/2013J Don BrockCEOSell8,085$35.51$287,098.35View SEC Filing  
8/1/2013J Don BrockCEOSell17,100$35.42$605,682.00View SEC Filing  
8/1/2013W Norman SmithPresidentSell10,000$35.50$355,000.00View SEC Filing  
7/29/2013Jeffrey L RichmondInsiderSell1,200$35.37$42,444.00View SEC Filing  
7/26/2013Joseph P VigVPSell2,750$35.89$98,697.50View SEC Filing  
11/13/2012Jeffrey L RichmondInsiderSell1,400$28.92$40,488.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Astec Industries (ASTE) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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