NASDAQ:ASTE Astec Industries - ASTE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Astec Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $39.28 -0.36 (-0.91%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$39.21▼$40.3350-Day Range$37.62▼$49.2752-Week Range$31.04▼$49.56Volume105,313 shsAverage Volume124,477 shsMarket Capitalization$889.65 millionP/E Ratio31.82Dividend Yield1.32%Price Target$42.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Astec Industries MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside6.9% Upside$42.00 Price TargetShort InterestHealthy1.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.09Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth23.81%From $2.10 to $2.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.93 out of 5 starsIndustrial Products Sector124th out of 175 stocksConstruction Machinery Industry4th out of 6 stocks 1.0 Analyst's Opinion Consensus RatingAstec Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.00, Astec Industries has a forecasted upside of 6.9% from its current price of $39.28.Amount of Analyst CoverageAstec Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.11% of the float of Astec Industries has been sold short.Short Interest Ratio / Days to CoverAstec Industries has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Astec Industries has recently decreased by 11.13%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldAstec Industries pays a meaningful dividend of 1.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAstec Industries has only been increasing its dividend for 2 years.Dividend SustainabilityBased on earnings estimates, Astec Industries will have a dividend payout ratio of 20.00% next year. This indicates that Astec Industries will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASTE. Previous Next 1.1 News and Social Media Coverage News SentimentAstec Industries has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Astec Industries this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Astec Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Astec Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.03% of the stock of Astec Industries is held by insiders.Percentage Held by Institutions93.01% of the stock of Astec Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Astec Industries are expected to grow by 23.81% in the coming year, from $2.10 to $2.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Astec Industries is 31.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Astec Industries is 31.82, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.69.Price to Book Value per Share RatioAstec Industries has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Astec Industries (NASDAQ:ASTE) StockAstec Industries, Inc. engages in the design, engineer, manufacture, and market of equipment and components used in road building and construction activities. It operates through the following segments: Infrastructure Solutions, Material Solutions, and Corporate and Other. The Infrastructure Solutions segment designs, engineers, manufactures, and markets a complete line of asphalt plants, concrete plants, and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems, and heavy equipment. The Material Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports, and bulk handling industries. The Corporate and Other segment is involved in the controls and automation business, through the firm's parent company, Astec Insurance. The company was founded by J. Don Brock in 1972 and is headquartered in Chattanooga, TN.Read More Receive ASTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Astec Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address ASTE Stock News HeadlinesMarch 22, 2023 | americanbankingnews.comAstec Industries, Inc. (NASDAQ:ASTE) to Post Q3 2023 Earnings of $0.44 Per Share, Zacks Research ForecastsMarch 21, 2023 | uk.finance.yahoo.comAsphalt Pavers Global Market Report 2023March 22, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 20, 2023 | marketwatch.comScreener Market Size and Forecast till 2028March 19, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Astec Industries, Inc.'s Q1 2023 Earnings (NASDAQ:ASTE)March 17, 2023 | marketwatch.comCrusher Market Outlook and Forecast till 2028March 17, 2023 | americanbankingnews.comAstec Industries (NASDAQ:ASTE) Coverage Initiated by Analysts at StockNews.comMarch 16, 2023 | americanbankingnews.comAstec Industries, Inc. (NASDAQ:ASTE) Short Interest Down 11.1% in FebruaryMarch 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 15, 2023 | marketwatch.comMetal Cladding Market | Forecast 2023 to 2029March 15, 2023 | marketwatch.comGlobal "Rock Crushing Equipment Market" Demand 2023: Analyzing Industry Size and Growth Projections till 2027March 14, 2023 | marketwatch.comJaw Crushers Market 2023 Huge Demand, Growth Opportunities and Expansion by 2028March 13, 2023 | marketwatch.comCrusher Market 2023 | Global Industry Report Forecast 2029March 13, 2023 | marketwatch.comWood Grinder Market Application, Product, Sales and Forecast 2023-2028March 6, 2023 | msn.comAstec Industries: Dividend InsightsMarch 6, 2023 | marketwatch.comJaw Crusher Market Size, Growth | Soaring Demand | 2023 - 2029March 3, 2023 | marketwatch.comRock Crushing Equipment Market Insights-Industry changing aspects, New Technologies and Forecast to 2027March 3, 2023 | finance.yahoo.comAstec Industries' (NASDAQ:ASTE) Upcoming Dividend Will Be Larger Than Last Year'sMarch 2, 2023 | marketwatch.comGlobal Metal Cladding Market (2023-2029)-Current Status and Future ProspectsMarch 2, 2023 | finance.yahoo.comQ4 2022 Astec Industries Inc Earnings CallMarch 1, 2023 | msn.comAstec Industries (ASTE) Declares $0.13 DividendMarch 1, 2023 | finanznachrichten.deAstec Industries, Inc.: Astec Reports Fourth Quarter 2022 ResultsMarch 1, 2023 | msn.comEarnings Scheduled For March 1, 2023March 1, 2023 | markets.businessinsider.comAstec Industries Q4 Loss Narrows With Higher SalesMarch 1, 2023 | finance.yahoo.comAstec Reports Fourth Quarter 2022 ResultsFebruary 27, 2023 | finance.yahoo.comAstec Announces Quarterly DividendFebruary 27, 2023 | marketwatch.comMining Crushing Machines Market Global and Regional Analysis and Forecast 2028See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ASTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Astec Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address ASTE Company Calendar Last Earnings3/01/2023Ex-Dividend for 3/30 Dividend3/09/2023Today3/22/2023Dividend Payable3/30/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Construction machinery Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNASDAQ:ASTE CUSIP04622410 CIK792987 Webwww.astecindustries.com Phone(423) 899-5898Fax423-899-4456Employees4,291Year Founded1972Price Target and Rating Average Stock Price Forecast$42.00 High Stock Price Forecast$42.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+6.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio31.82 Forward P/E Ratio18.70 P/E GrowthN/ANet Income$-100,000.00 Net Margins-0.01% Pretax Margin0.35% Return on Equity4.38% Return on Assets2.91% Debt Debt-to-Equity Ratio0.12 Current Ratio2.54 Quick Ratio1.11 Sales & Book Value Annual Sales$1.27 billion Price / Sales0.70 Cash Flow$2.55 per share Price / Cash Flow15.38 Book Value$27.60 per share Price / Book1.42Miscellaneous Outstanding Shares22,649,000Free Float22,416,000Market Cap$889.65 million OptionableOptionable Beta1.52 Social Links Key ExecutivesJaco G. van der MerwePresident, Chief Executive Officer & DirectorTimothy A. AverkampGroup PresidentRebecca A. WeyenbergChief Financial OfficerSid VermaPresident-Digital & Innovation, CTOAnshu PasrichaSecretary, Compliance Officer & General CounselKey CompetitorsManitowocNYSE:MTWColumbus McKinnonNASDAQ:CMCOApogee EnterprisesNASDAQ:APOGUFP TechnologiesNASDAQ:UFPTProto LabsNYSE:PRLBView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Bought 354,483 shares on 3/10/2023Ownership: 7.846%Gamco Investors INC. ET ALSold 2,174 shares on 2/15/2023Ownership: 4.517%Morgan StanleyBought 4,922 shares on 2/15/2023Ownership: 0.700%Legal & General Group PlcBought 1,028 shares on 2/15/2023Ownership: 0.293%State of Wisconsin Investment BoardSold 1,409 shares on 2/15/2023Ownership: 0.094%View All Institutional Transactions ASTE Stock - Frequently Asked Questions Should I buy or sell Astec Industries stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ASTE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASTE, but not buy additional shares or sell existing shares. View ASTE analyst ratings or view top-rated stocks. What is Astec Industries' stock price forecast for 2023? 2 analysts have issued 12 month target prices for Astec Industries' stock. Their ASTE share price forecasts range from $42.00 to $42.00. On average, they anticipate the company's stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts price targets for ASTE or view top-rated stocks among Wall Street analysts. How have ASTE shares performed in 2023? Astec Industries' stock was trading at $40.66 at the beginning of the year. Since then, ASTE stock has decreased by 3.4% and is now trading at $39.28. View the best growth stocks for 2023 here. Are investors shorting Astec Industries? Astec Industries saw a decrease in short interest in February. As of February 28th, there was short interest totaling 246,000 shares, a decrease of 11.1% from the February 13th total of 276,800 shares. Based on an average trading volume of 109,100 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.1% of the shares of the company are short sold. View Astec Industries' Short Interest. When is Astec Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our ASTE earnings forecast. How were Astec Industries' earnings last quarter? Astec Industries, Inc. (NASDAQ:ASTE) posted its quarterly earnings data on Wednesday, March, 1st. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by $0.04. The industrial products company had revenue of $349.90 million for the quarter, compared to the consensus estimate of $313.55 million. Astec Industries had a positive trailing twelve-month return on equity of 4.38% and a negative net margin of 0.01%. The company's revenue for the quarter was up 31.2% on a year-over-year basis. During the same quarter last year, the company posted ($0.03) earnings per share. How often does Astec Industries pay dividends? What is the dividend yield for Astec Industries? Astec Industries declared a quarterly dividend on Monday, February 27th. Stockholders of record on Friday, March 10th will be paid a dividend of $0.13 per share on Thursday, March 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Thursday, March 9th. Read our dividend analysis for ASTE. What ETFs hold Astec Industries' stock? ETFs with the largest weight of Astec Industries (NASDAQ:ASTE) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), iShares U.S. Infrastructure ETF (IFRA), Invesco S&P SmallCap Industrials ETF (PSCI), Global X U.S. Infrastructure Development ETF (PAVE), IQ Chaikin U.S. Small Cap ETF (CSML), iShares S&P Small-Cap 600 Value ETF (IJS), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and SPDR S&P 600 Small CapValue ETF (SLYV). Is Astec Industries a good dividend stock? Astec Industries (NASDAQ:ASTE) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.34%. Read our dividend analysis for ASTE. What is J. Don Brock's approval rating as Astec Industries' CEO? 16 employees have rated Astec Industries Chief Executive Officer J. Don Brock on Glassdoor.com. J. Don Brock has an approval rating of 100% among the company's employees. This puts J. Don Brock in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at Astec Industries to a friend. 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 number of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (7.83%), Victory Capital Management Inc. (7.85%), Victory Capital Management Inc. (7.81%), Dimensional Fund Advisors LP (6.39%), Gamco Investors INC. ET AL (4.52%) and Gamco Investors INC. ET AL (4.52%). Insiders that own company stock include Matthew T Sr Litchfield Sr, Rebecca A Weyenberg and William Glenwood Dorey. View institutional ownership trends. How do I buy shares of Astec Industries? Shares of ASTE stock 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 $39.28. How much money does Astec Industries make? Astec Industries (NASDAQ:ASTE) has a market capitalization of $889.65 million and generates $1.27 billion in revenue each year. How many employees does Astec Industries have? The company employs 4,291 workers across the globe. How can I contact Astec Industries? Astec Industries' mailing address is 1725 SHEPHERD ROAD, CHATTANOOGA TN, 37421. The official website for the company is www.astecindustries.com. The industrial products company can be reached via phone at (423) 899-5898, via email at sanderson@astecindustries.com, or via fax at 423-899-4456. This page (NASDAQ:ASTE) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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