NASDAQ:ASTE

Astec Industries Stock Forecast, Price & News

$59.56
+0.48 (+0.81 %)
(As of 06/21/2021 02:36 PM ET)
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Today's Range
$59.44
$60.75
50-Day Range
$59.08
$79.20
52-Week Range
$42.84
$80.00
Volume3,403 shs
Average Volume135,786 shs
Market Capitalization$1.35 billion
P/E Ratio38.93
Dividend Yield0.74%
Beta1.37
30 days | 90 days | 365 days | Advanced Chart
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Astec Industries logo

About Astec Industries

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company's Infrastructure Solutions segment designs, engineers, manufactures, and markets asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as offers engineering and environmental permitting services. This segment offers its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. Its Materials Solutions segment designs and manufactures crushing equipment, track-mounted systems, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular relocatable stationary plants, conveying equipment, plant automation products, mobile portable plants, and mineral processing equipment, as well as provides consulting and engineering services. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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MarketRank

Overall MarketRank

2.30 out of 5 stars

Industrial Products Sector

20th out of 408 stocks

Construction Machinery Industry

2nd out of 11 stocks

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Astec Industries (NASDAQ:ASTE) Frequently Asked Questions

Is Astec Industries a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Astec Industries stock.
View analyst ratings for Astec Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Astec Industries?

Wall Street analysts have given Astec Industries a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Astec Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Astec Industries' next earnings date?

Astec Industries is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Astec Industries
.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) posted its quarterly earnings results on Tuesday, May, 4th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by $0.42. The industrial products company had revenue of $284.40 million for the quarter, compared to analysts' expectations of $311.45 million. Astec Industries had a net margin of 3.44% and a trailing twelve-month return on equity of 6.62%. The business's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.97 EPS.
View Astec Industries' earnings history
.

How has Astec Industries' stock price been impacted by COVID-19?

Astec Industries' stock was trading at $31.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ASTE shares have increased by 90.1% and is now trading at $59.56.
View which stocks have been most impacted by COVID-19
.

How often does Astec Industries pay dividends? What is the dividend yield for Astec Industries?

Astec Industries declared a quarterly dividend on Monday, May 3rd. Stockholders of record on Tuesday, May 11th will be given a dividend of $0.11 per share on Thursday, May 27th. This represents a $0.44 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Monday, May 10th.
View Astec Industries' dividend history
.

Is Astec Industries a good dividend stock?

Astec Industries pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.74%. Astec Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Astec Industries is 18.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Astec Industries will have a dividend payout ratio of 12.83% next year. This indicates that Astec Industries will be able to sustain or increase its dividend.
View Astec Industries' dividend history.

What price target have analysts set for ASTE?

4 Wall Street analysts have issued twelve-month price objectives for Astec Industries' stock. Their forecasts range from $64.00 to $92.00. On average, they expect Astec Industries' share price to reach $79.00 in the next year. This suggests a possible upside of 32.6% from the stock's current price.
View analysts' price targets for Astec Industries
or view top-rated stocks among Wall Street analysts.

Who are Astec Industries' key executives?

Astec Industries' management team includes the following people:
  • Mr. Barry A. Ruffalo, Pres, CEO & Director (Age 51, Pay $1.37M)
  • Ms. Rebecca A. Weyenberg, Chief Financial Officer (Age 57, Pay $828.37k)
  • Mr. Stephen C. Anderson, Sr. VP of Admin. & Investor Relations (Age 57, Pay $410.38k)
  • Mr. Jaco van der Merwe, Group Pres of Infrastructure (Age 48, Pay $632.64k)
  • Mr. Timothy A. Averkamp, Group Pres (Age 49, Pay $488.64k)
  • Ms. Jamie E. Palm, VP, Chief Accounting Officer & Corp. Controller (Age 43)
  • Mr. Matthew T. Litchfield Sr., Chief Information Officer (Age 46)
  • Mr. Anshu Pasricha, Gen. Counsel & Corp. Sec. (Age 41)
  • Mr. Mark Roth, Sr. VP of Corp. Devel. & Strategy (Age 46)
  • Mr. Reuben Srinivasan, Sr. VP of HR (Age 57)

What is J. Don Brock's approval rating as Astec Industries' CEO?

7 employees have rated Astec Industries CEO J. Don Brock on Glassdoor.com. J. Don Brock has an approval rating of 100% among Astec Industries' employees. This puts J. Don Brock in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Astec Industries' key competitors?

What other stocks do shareholders of Astec Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Astec Industries investors own include AbbVie (ABBV), NVIDIA (NVDA), Advanced Micro Devices (AMD), Pfizer (PFE), Take-Two Interactive Software (TTWO), Exxon Mobil (XOM), Alibaba Group (BABA), Gilead Sciences (GILD), Netflix (NFLX) and Skyworks Solutions (SWKS).

What is Astec Industries' stock symbol?

Astec Industries trades on the NASDAQ under the ticker symbol "ASTE."

Who are Astec Industries' major shareholders?

Astec Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.09%), Dimensional Fund Advisors LP (6.11%), Victory Capital Management Inc. (4.50%), Gamco Investors INC. ET AL (4.33%), Goldman Sachs Group Inc. (3.53%) and Franklin Resources Inc. (3.27%). Company insiders that own Astec Industries stock include Jaco Van Der Merwe, Rebecca A Weyenberg, Stephen C Anderson and William Glenwood Dorey.
View institutional ownership trends for Astec Industries
.

Which institutional investors are selling Astec Industries stock?

ASTE stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Dimensional Fund Advisors LP, Gamco Investors INC. ET AL, Northern Trust Corp, Goldman Sachs Group Inc., JPMorgan Chase & Co., Prudential Financial Inc., and SG Americas Securities LLC.
View insider buying and selling activity for Astec Industries
or view top insider-selling stocks.

Which institutional investors are buying Astec Industries stock?

ASTE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Impala Asset Management LLC, Bank of Montreal Can, Aperture Investors LLC, Kennedy Capital Management Inc., Redwood Investments LLC, Mirae Asset Global Investments Co. Ltd., and Lisanti Capital Growth LLC. Company insiders that have bought Astec Industries stock in the last two years include Jaco Van Der Merwe, Rebecca A Weyenberg, and Stephen C Anderson.
View insider buying and selling activity for Astec Industries
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Astec Industries' stock price today?

One share of ASTE stock can currently be purchased for approximately $59.56.

How much money does Astec Industries make?

Astec Industries has a market capitalization of $1.35 billion and generates $1.02 billion in revenue each year. The industrial products company earns $46.90 million in net income (profit) each year or $2.38 on an earnings per share basis.

How many employees does Astec Industries have?

Astec Industries employs 3,537 workers across the globe.

What is Astec Industries' official website?

The official website for Astec Industries is www.astecindustries.com.

Where are Astec Industries' headquarters?

Astec Industries is headquartered at 1725 SHEPHERD ROAD, CHATTANOOGA TN, 37421.

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]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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