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

$28.13
-0.23 (-0.81 %)
(As of 08/20/2019 08:48 AM ET)
Today's Range
$28.06
Now: $28.13
$28.94
50-Day Range
$27.76
MA: $30.90
$33.50
52-Week Range
$27.49
Now: $28.13
$52.88
Volume165,700 shs
Average Volume149,372 shs
Market Capitalization$633.77 million
P/E Ratio9.63
Dividend Yield1.55%
Beta1.44
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's 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.17 billion
Cash Flow$4.1429 per share
Book Value$25.67 per share

Profitability

Net Income$-60,450,000.00

Miscellaneous

Employees4,401
Market Cap$633.77 million
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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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, July 25th. Investors 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 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Friday, August 9th. View Astec Industries' Dividend History.

How will Astec Industries' stock buyback program work?

Astec Industries announced that its Board of Directors has approved a stock repurchase program 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 buy up to 13.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) posted its quarterly earnings results on Tuesday, July, 23rd. The industrial products company reported $0.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.05. The industrial products company earned $304.80 million during the quarter, compared to analysts' expectations of $299.96 million. Astec Industries had a negative net margin of 0.20% and a positive return on equity of 7.07%. The firm's quarterly revenue was down 12.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 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, October 22nd 2019. View Earnings Estimates for Astec Industries.

What price target have analysts set for ASTE?

3 analysts have issued twelve-month target prices for Astec Industries' stock. Their forecasts range from $41.00 to $41.00. On average, they anticipate Astec Industries' share price to reach $41.00 in the next year. This suggests a possible upside of 45.8% from the stock's current price. View Analyst Price Targets for Astec Industries.

What is the consensus analysts' recommendation for Astec Industries?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Astec Industries.

Has Astec Industries been receiving favorable news coverage?

Headlines about ASTE stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public 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 0.8 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Astec Industries.

Are investors shorting Astec Industries?

Astec Industries saw a drop in short interest in July. As of July 15th, there was short interest totalling 1,186,400 shares, a drop of 5.8% from the June 15th total of 1,259,900 shares. Based on an average trading volume of 175,400 shares, the short-interest ratio is presently 6.8 days. Approximately 5.3% of the company's shares are sold short. View Astec Industries' Current Options Chain.

Who are some of Astec Industries' key competitors?

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 NVIDIA (NVDA), Netflix (NFLX), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), AbbVie (ABBV), Alibaba Group (BABA), Citigroup (C), Mondi (MNDI), Advanced Micro Devices (AMD), Roku (ROKU) and Nucor (NUE).

Who are Astec Industries' key executives?

Astec Industries' management team includes the folowing people:
  • Mr. Richard J. Dorris, Interim CEO, COO & Pres (Age 58)
  • Mr. David C. Silvious, CFO, VP & Treasurer (Age 51)
  • Mr. Jeffrey M. Schwarz, Group Pres of Aggregate & Mining (Age 52)
  • Mr. Jaco van der Merwe, Group Pres of Infrastructure (Age 46)
  • Mr. Stephen C. Anderson, VP of Admin., Director of IR, Compliance Officer & Corp. Sec. (Age 55)

Who are Astec Industries' major shareholders?

Astec Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.67%), Vanguard Group Inc. (10.59%), State of New Jersey Common Pension Fund D (6.17%), Gamco Investors INC. ET AL (5.99%), Bank of New York Mellon Corp (2.94%) and Gabelli Funds LLC (2.88%). Company insiders that own Astec Industries stock include Benjamin G Brock and Jaco Van Der Merwe. View Institutional Ownership Trends for Astec Industries.

Which major investors are selling Astec Industries stock?

ASTE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of America Corp DE, Gabelli Funds LLC, John G Ullman & Associates Inc., First Trust Advisors LP, Wells Fargo & Company MN, BlackRock Inc. and Keeley Teton Advisors LLC. View Insider Buying and Selling for Astec Industries.

Which major investors are buying Astec Industries stock?

ASTE stock was acquired by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Morgan Stanley, Nuveen Asset Management LLC, Alambic Investment Management L.P., D. E. Shaw & Co. Inc., Teton Advisors Inc., Renaissance Technologies LLC and Strs Ohio. 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 $28.13.

How big of a company is Astec Industries?

Astec Industries has a market capitalization of $633.77 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.

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:  341 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  684
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 8/20/2019 by MarketBeat.com Staff

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