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:
  • Market Cap: $1.21621 billion
  • Outstanding Shares: 23,069,000
Average Prices:
  • 50 Day Moving Avg: $48.24
  • 200 Day Moving Avg: $55.88
  • 52 Week Range: $45.70 - $73.37
  • Trailing P/E Ratio: 25.457
  • Foreward P/E Ratio: 15.92
  • P/E Growth: 2.110
Sales & Book Value:
  • Annual Revenue: $1.19 billion
  • Price / Sales: 1.02
  • Book Value: $29.35 per share
  • Price / Book: 1.80
  • Annual Dividend: $0.40
  • Dividend Yield: 0.8%
  • EBIDTA: $100.27 million
  • Net Margins: 4.08%
  • Return on Equity: 7.40%
  • Return on Assets: 5.64%
  • Current Ratio: 3.47%
  • Quick Ratio: 1.31%
  • Average Volume: 154,891 shs.
  • Beta: 1.1
  • 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 given a dividend of $0.10 per share on Tuesday, August 29th. This represents a $0.40 annualized dividend and a yield of 0.76%. 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) announced its quarterly earnings results on Tuesday, July, 25th. The company reported $0.62 EPS for the quarter, missing the Zacks' consensus estimate of $0.80 by $0.18. The company had revenue of $301.90 million for the quarter, compared to analyst estimates of $314.31 million. Astec Industries had a return on equity of 7.40% and a net margin of 4.08%. Astec Industries's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous 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 Monday, October, 23rd 2017. View Earnings Estimates for Astec Industries.

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

2 analysts have issued twelve-month target prices for Astec Industries' stock. Their forecasts range from $85.00 to $85.00. On average, they expect Astec Industries' stock price to reach $85.00 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 shareholders include BlackRock Inc. (10.32%), Vanguard Group Inc. (8.02%), Dimensional Fund Advisors LP (6.91%), State of New Jersey Common Pension Fund D (5.85%), Gamco Investors INC. ET AL (4.57%) and Franklin Resources Inc. (3.10%). 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 sold Astec Industries stock? Who is selling Astec Industries stock?

Astec Industries' stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Broadview Advisors LLC, Goldman Sachs Group Inc., Franklin Resources Inc., Oppenheimer & Co. Inc., AHL Partners LLP, Gamco Investors INC. ET AL and Bank of New York Mellon Corp. Company insiders that have sold Astec Industries stock in the last year include John J Irvine III, Michael A Bremmer, Tommie Kruger and W Norman Smith. View Insider Buying and Selling 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 Alliancebernstein L.P., Dimensional Fund Advisors LP, Royce & Associates LP, First Trust Advisors LP, Bank of Montreal Can, BlackRock Inc., Marshall Wace North America L.P. and TIAA CREF Investment Management 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 $52.86.

MarketBeat Community Rating for Astec Industries (NASDAQ ASTE)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  285
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, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $85.00 (60.80% upside)

Analysts' Ratings History for Astec Industries (NASDAQ:ASTE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
7/19/2016Robert W. BairdDowngradeOutperform -> Neutral$55.00N/AView Rating Details
7/12/2016BB&T CorporationReiterated RatingBuy -> HoldN/AView Rating Details
7/6/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$52.00N/AView Rating Details
10/21/2015Susquehanna Bancshares IncLower Price TargetNeutral$43.00 -> $33.00N/AView Rating Details
10/21/2015William BlairReiterated RatingHold$45.00N/AView Rating Details
(Data available from 9/22/2015 forward)


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)


Earnings Estimates for Astec Industries (NASDAQ:ASTE)
2017 EPS Consensus Estimate: $2.83
2018 EPS Consensus Estimate: $3.33
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.64$0.90$0.74
Q2 20173$0.77$0.80$0.78
Q3 20174$0.37$0.51$0.45
Q4 20173$0.71$0.93$0.85
Q1 20182$0.85$0.87$0.86
Q2 20182$0.75$0.94$0.85
Q3 20182$0.51$0.60$0.56
Q4 20182$1.05$1.09$1.07
(Data provided by Zacks Investment Research)


Current Dividend Information for Astec Industries (NASDAQ:ASTE)
Most Recent Dividend:8/29/2017
Annual Dividend:$0.40
Dividend Yield:0.76%
Payout Ratio:19.05% (Trailing 12 Months of Earnings)
15.81% (Based on This Year's Estimates)
12.05% (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
(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)


Headline Trends for Astec Industries (NASDAQ:ASTE)
Latest Headlines for Astec Industries (NASDAQ:ASTE)
DateHeadline logoAstec Industries, Inc. :ASTE-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017 - September 22 at 1:16 PM logoETFs with exposure to Astec Industries, Inc. : September 22, 2017 - September 22 at 1:16 PM logo Brokerages Anticipate Astec Industries, Inc. (ASTE) Will Post Quarterly Sales of $264.67 Million - September 19 at 1:52 AM logoZacks: Brokerages Anticipate Astec Industries, Inc. (ASTE) to Announce $0.46 EPS - September 17 at 8:06 PM logoAstec Industries, Inc. to Attend Dougherty & Company Institutional Investor Conference - September 15 at 4:29 PM logoAstec Industries, Inc. to Attend Dougherty & Company Institutional Investor Conference - September 15 at 4:29 PM logoAstec Industries, Inc. breached its 50 day moving average in a Bullish Manner : ASTE-US : September 14, 2017 - September 14 at 4:45 PM logoPopular Index ETF Tops This Week's Short-Selling List - September 13 at 5:16 PM logoAstec Industries, Inc. : ASTE-US: Dividend Analysis : August 11th, 2017 (record date) : By the numbers : September 13, 2017 - September 13 at 5:16 PM logoAstec Industries (ASTE) versus Caterpillar (CAT) Financial Contrast - September 4 at 10:12 PM logo$264.67 Million in Sales Expected for Astec Industries, Inc. (ASTE) This Quarter - September 1 at 9:04 AM logoAstec Industries (ASTE) vs. Caterpillar (CAT) Financial Analysis - August 30 at 8:16 PM logoAnalyzing Astec Industries (ASTE) and Caterpillar (CAT) - August 30 at 2:16 AM logoFinancial Analysis: Caterpillar (CAT) vs. Astec Industries (ASTE) - August 29 at 2:16 AM logoHead-To-Head Survey: Caterpillar (CAT) and Astec Industries (ASTE) - August 29 at 2:16 AM logoContrasting Caterpillar (CAT) and Astec Industries (ASTE) - August 28 at 9:50 AM logoContrasting Astec Industries (ASTE) and Caterpillar (CAT) - August 27 at 12:28 AM logoAstec (ASTE) Down 17.1% Since Earnings Report: Can It Rebound? - August 25 at 5:38 AM logoAstec Industries (ASTE) & Caterpillar (CAT) Financial Comparison - August 24 at 4:24 PM logoResearch Analysts Offer Predictions for Astec Industries, Inc.'s Q3 2017 Earnings (ASTE) - August 21 at 3:58 AM logoCaterpillar (CAT) and Astec Industries (ASTE) Head to Head Review - August 15 at 4:10 PM logoCaterpillar (CAT) & Astec Industries (NASDAQ:ASTE) Financial Contrast - August 15 at 12:28 AM logoAstec Industries, Inc. (NASDAQ:ASTE) Expected to Post Quarterly Sales of $264.67 Million - August 13 at 1:18 AM logoZacks: Analysts Expect Astec Industries, Inc. (ASTE) to Announce $0.48 EPS - August 12 at 12:30 AM logoSee what the IHS Markit Score report has to say about Astec Industries Inc. - August 10 at 2:19 AM logoAstec Industries, Inc. (ASTE) Plans $0.10 Quarterly Dividend - August 4 at 11:26 AM logoAstec Industries, Inc. – Value Analysis (NASDAQ:ASTE) : August 4, 2017 - August 3 at 10:30 PM logoForm 4 ASTEC INDUSTRIES INC For: Jul 31 - July 31 at 4:13 PM logoAstec Industries, Inc. to Post FY2017 Earnings of $2.71 Per Share, Griffin Securities Forecasts (ASTE) - July 28 at 12:57 PM logoResearch Analysts Issue Forecasts for Astec Industries, Inc.'s Q3 2017 Earnings (ASTE) - July 28 at 8:16 AM logoAstec (ASTE) Q2 Earnings & Revenues Miss Estimates, Lag Y/Y - July 27 at 4:11 PM logoAstec Industries, Inc. Expected to Post Q1 2018 Earnings of $0.85 Per Share (ASTE) - July 27 at 1:33 PM logoFY2017 EPS Estimates for Astec Industries, Inc. (ASTE) Lowered by Analyst - July 27 at 10:43 AM logoQ3 2017 Earnings Forecast for Astec Industries, Inc. Issued By Seaport Global Securities (ASTE) - July 27 at 9:49 AM logoEdited Transcript of ASTE earnings conference call or presentation 25-Jul-17 2:00pm GMT - July 26 at 4:44 PM logoAstec Industries, Inc. (NASDAQ:ASTE) Expected to Post Quarterly Sales of $266.37 Million - July 26 at 12:01 PM logoAstec Industries, Inc. (ASTE) Rating Lowered to Neutral at Dougherty & Co - July 26 at 10:50 AM logoBRIEF-Astec Industries Q2 sales $301.9 million - July 25 at 4:01 PM logoAstec Industries Reports Second Quarter 2017 Results - July 25 at 4:01 PM logoInvestor Network: Astec Industries, Inc. to Host Earnings Call - July 25 at 4:01 PM logoAstec Industries misses Street 2Q forecasts - July 25 at 4:01 PM logoAstec Industries, Inc. (ASTE) Releases Earnings Results - July 25 at 11:03 AM logoInvestor Network Invites You to the Astec Industries, Inc. Second Quarter 2017 Earnings Conference Call and Webcast Live on Tuesday, July 25, 2017 - July 24 at 8:22 PM logoAstec Industries, Inc. (NASDAQ:ASTE) Expected to Announce Earnings of $0.80 Per Share - July 24 at 6:27 PM logoAstec Industries, Inc. breached its 50 day moving average in a Bullish Manner : ASTE-US : July 20, 2017 - July 20 at 5:32 PM logoAstec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Second Quarter ... - July 18 at 5:38 PM logoAstec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s Second Quarter Conference Call July 25, 2017 at 10:00 A.M. Eastern Time - July 18 at 5:38 PM logoBlue Apron Jumps To The Top Of Short-Seller Favorites List - July 18 at 5:38 PM logoAstec Industries, Inc. (ASTE) Receives Average Recommendation of "Hold" from Analysts - July 18 at 1:08 PM logoAstec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Second Quarter Conference Call July 25, 2017 at 10:00 A.M. Eastern Time - July 18 at 7:35 AM



Astec Industries (ASTE) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by Staff