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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Construction machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
SymbolNASDAQ:ASTE
CUSIP04622410
Phone423-899-5898
Debt
Debt-to-Equity RatioN/A
Current Ratio3.39
Quick Ratio1.19
Price-To-Earnings
Trailing P/E Ratio38.84
Forward P/E Ratio18.10
P/E Growth1.81
Sales & Book Value
Annual Sales$1.18 billion
Price / Sales1.20
Cash Flow$2.7095 per share
Price / Cash22.65
Book Value$29.77 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$1.58
Net Income$37.79 million
Net Margins3.60%
Return on Equity6.09%
Return on Assets4.70%
Miscellaneous
Employees4,437
Outstanding Shares23,090,000
Market Cap$1,416.88
