NASDAQ:ASTE - Astec Industries Stock Price, News, & Analysis

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$36.38 +0.57 (+1.59 %)
(As of 01/16/2019 01:13 PM ET)
Previous Close$35.81
Today's Range$35.99 - $36.53
52-Week Range$27.86 - $64.80
Volume2,158 shs
Average Volume215,740 shs
Market Capitalization$822.99 million
P/E Ratio23.01
Dividend Yield1.22%
Beta1.38
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.

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Industry, Sector and Symbol

Industry Construction machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
Current SymbolNASDAQ:ASTE
CUSIP04622410
Phone423-899-5898

Debt

Current Ratio3.02
Quick Ratio0.94

Price-To-Earnings

Sales & Book Value

Annual Sales$1.18 billion
Price / Sales0.70
Cash Flow$2.7292 per share
Price / Cash Flow13.33
Book Value$29.77 per share
Price / Book1.22

Profitability

Net Income$37.79 million
Net Margins-0.21%
Return on Assets6.72%

Miscellaneous

Employees4,437
Market Cap$822.99 million
OptionableOptionable

Astec Industries (NASDAQ:ASTE) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, October 25th. Shareholders of record on Tuesday, November 13th will be given a dividend of $0.11 per share on Wednesday, November 28th. This represents a $0.44 annualized dividend and a yield of 1.21%. The ex-dividend date is Friday, November 9th. View Astec Industries' Dividend History.

How will Astec Industries' stock buyback program work?

Astec Industries declared that its board has initiated a share repurchase plan on Monday, July 30th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 13.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) posted its quarterly earnings data on Tuesday, October, 23rd. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by $0.29. The industrial products company earned $256.60 million during the quarter, compared to the consensus estimate of $276.80 million. Astec Industries had a positive return on equity of 9.06% and a negative net margin of 0.21%. The business's revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.12) EPS. View Astec Industries' Earnings History.

When is Astec Industries' next earnings date?

Astec Industries is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Astec Industries.

What price target have analysts set for ASTE?

5 equities research analysts have issued 12-month target prices for Astec Industries' stock. Their predictions range from $53.00 to $70.00. On average, they expect Astec Industries' share price to reach $62.00 in the next year. This suggests a possible upside of 70.4% from the stock's current price. View Analyst Price Targets for Astec Industries.

What is the consensus analysts' recommendation for Astec Industries?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astec Industries.

Has Astec Industries been receiving favorable news coverage?

Press coverage about ASTE stock has been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Astec Industries earned a news impact score of 2.8 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the immediate future.

Who are some of Astec Industries' key competitors?

Who are Astec Industries' key executives?

Astec Industries' management team includes the folowing people:
  • Mr. Benjamin G. Brock, CEO, Pres & Director (Age 48)
  • Mr. David C. Silvious, CFO, VP & Treasurer (Age 51)
  • Mr. Richard J. Dorris, COO & Exec. VP (Age 58)
  • Mr. Stephen C. Anderson, VP of Admin., Director of IR, Compliance Officer & Corp. Sec. (Age 55)
  • Mr. Timothy Gonigam, Pres of Astec Mobile Screens Inc (Age 56)

Who are Astec Industries' major shareholders?

Astec Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.04%). Company insiders that own Astec Industries stock include Benjamin G Brock and W Norman Smith. 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 Louisiana State Employees Retirement System. View Insider Buying and Selling for Astec Industries.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Astec Industries' stock price today?

One share of ASTE stock can currently be purchased for approximately $36.38.

How big of a company is Astec Industries?

Astec Industries has a market capitalization of $822.99 million and generates $1.18 billion in revenue each year. The industrial products company earns $37.79 million in net income (profit) each year or $1.58 on an earnings per share basis. Astec Industries employs 4,437 workers across the globe.

What is Astec Industries' official website?

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

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]


MarketBeat Community Rating for Astec Industries (NASDAQ ASTE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  623
MarketBeat's community ratings are surveys of what our community members think about Astec Industries and other stocks. Vote "Outperform" if you believe ASTE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASTE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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