Astec Industries Stock Price, News & Analysis (NASDAQ:ASTE)

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

Astec Industries announced a quarterly dividend on Thursday, July 25th. Stockholders of record on Monday, August 12th will be given a dividend of $0.11 per share on Thursday, August 29th. This represents a $0.44 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Friday, August 9th. View Astec Industries' Dividend History.

Astec Industries declared that its board has authorized a stock repurchase program on Monday, July 30th 2018, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 13.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Astec Industries, Inc. (NASDAQ:ASTE) issued its quarterly earnings results on Tuesday, October, 23rd. The industrial products company reported $0.30 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.29. The industrial products company had revenue of $256.60 million for the quarter, compared to analysts' expectations of $276.80 million. Astec Industries had a positive return on equity of 7.07% and a negative net margin of 0.20%. The firm's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.12) EPS. View Astec Industries' Earnings History.

Astec Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Astec Industries.

Astec Industries will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 equities research analysts have issued 1-year price objectives for Astec Industries' stock. Their predictions range from $41.00 to $41.00. On average, they expect Astec Industries' share price to reach $41.00 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price. View Analyst Price Targets for Astec Industries.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astec Industries.

Media headlines about ASTE stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Astec Industries earned a coverage optimism score of -3.9 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the near future. View News Stories for Astec Industries.

Astec Industries saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,020,000 shares, a drop of 6.4% from the August 15th total of 1,090,000 shares. Based on an average daily volume of 140,300 shares, the days-to-cover ratio is presently 7.3 days. Approximately 4.6% of the shares of the stock are sold short. View Astec Industries' Current Options Chain.

Some companies that are related to Astec Industries include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Terex (TEX), Meritor (MTOR) and Alamo Group (ALG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Astec Industries investors own include NVIDIA (NVDA), AbbVie (ABBV), Advanced Micro Devices (AMD), Netflix (NFLX), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Alibaba Group (BABA), Citigroup (C), Mondi (MNDI), Costco Wholesale (COST) and Roku (ROKU).

Astec Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include John G Ullman & Associates Inc. (0.29%), Strs Ohio (0.10%), State of Alaska Department of Revenue (0.08%) and Hanson & Doremus Investment Management (0.04%). Company insiders that own Astec Industries stock include Benjamin G Brock, Jaco Van Der Merwe and Stephen C Anderson. View Institutional Ownership Trends for Astec Industries.

ASTE stock was sold by a variety of institutional investors in the last quarter, including John G Ullman & Associates Inc., Hanson & Doremus Investment Management and Strs Ohio. View Insider Buying and Selling for Astec Industries.

ASTE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Astec Industries stock in the last two years include Jaco Van Der Merwe and Stephen C Anderson. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ASTE stock can currently be purchased for approximately $31.27.

Astec Industries has a market capitalization of $704.51 million and generates $1.17 billion in revenue each year. The industrial products company earns $-60,450,000.00 in net income (profit) each year or $2.92 on an earnings per share basis. Astec Industries employs 4,401 workers across the globe.View Additional Information About Astec Industries.

The official website for Astec Industries is http://www.astecindustries.com/.

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]