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

$45.24
-0.73 (-1.59 %)
(As of 02/17/2020 06:00 AM ET)
Today's Range
$45.05
Now: $45.24
$46.07
50-Day Range
$40.93
MA: $42.79
$45.97
52-Week Range
$26.20
Now: $45.24
$46.37
Volume60,834 shs
Average Volume79,366 shs
Market Capitalization$1.02 billion
P/E RatioN/A
Dividend Yield0.97%
Beta1.48
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$4.18 per share
Book Value$25.67 per share

Profitability

Net Income$-60,450,000.00

Miscellaneous

Employees4,401
Market Cap$1.02 billion
Next Earnings Date3/6/2020 (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 declared a quarterly dividend on Thursday, October 24th. Investors of record on Monday, November 11th will be given a dividend of $0.11 per share on Wednesday, November 27th. This represents a $0.44 annualized dividend and a yield of 0.97%. The ex-dividend date is Thursday, November 7th. View Astec Industries' Dividend History.

How will Astec Industries' stock buyback program work?

Astec Industries announced that its board has authorized a stock repurchase program on Monday, July 30th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 13.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board 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, 29th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.14. The industrial products company had revenue of $255.80 million for the quarter, compared to the consensus estimate of $260.24 million. Astec Industries had a negative net margin of 0.53% and a positive return on equity of 6.62%. Astec Industries's revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.30 earnings per share. View Astec Industries' Earnings History.

When is Astec Industries' next earnings date?

Astec Industries is scheduled to release their next quarterly earnings announcement on Friday, March 6th 2020. View Earnings Estimates for Astec Industries.

What price target have analysts set for ASTE?

3 analysts have issued 12 month price targets for Astec Industries' stock. Their forecasts range from $41.00 to $53.00. On average, they anticipate Astec Industries' stock price to reach $47.00 in the next year. This suggests a possible upside of 3.9% 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 2 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?

News coverage about ASTE stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Astec Industries earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Astec Industries.

Are investors shorting Astec Industries?

Astec Industries saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,280,000 shares, an increase of 18.5% from the January 15th total of 1,080,000 shares. Based on an average daily trading volume, of 162,300 shares, the days-to-cover ratio is currently 7.9 days. Approximately 5.8% of the shares of the company are short sold. 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 AbbVie (ABBV), Advanced Micro Devices (AMD), NVIDIA (NVDA), Netflix (NFLX), Exxon Mobil (XOM), Roku (ROKU), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Alibaba Group (BABA), Schlumberger (SLB) and AT&T (T).

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 a variety of of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (4.81%), Bank of New York Mellon Corp (3.10%), Victory Capital Management Inc. (2.98%), Investment Counselors of Maryland LLC (2.97%), State Street Corp (2.97%) and Victory Capital Management Inc. (2.75%). 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.

Which institutional 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., Royce & Associates LP, California Public Employees Retirement System, Bank of America Corp DE, US Bancorp DE, Snow Capital Management LP, Gabelli Funds LLC and Pinebridge Investments L.P.. View Insider Buying and Selling for Astec Industries.

Which institutional investors are buying Astec Industries stock?

ASTE stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Franklin Resources Inc., Jacobs Levy Equity Management Inc., Mesirow Financial Investment Management Equity Management, Heartland Advisors Inc., Hotchkis & Wiley Capital Management LLC and Goldman Sachs Group Inc.. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Astec Industries' stock price today?

One share of ASTE stock can currently be purchased for approximately $45.24.

How big of a company is Astec Industries?

Astec Industries has a market capitalization of $1.02 billion 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.


MarketBeat Community Rating for Astec Industries (NASDAQ ASTE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  377 (Vote Outperform)
Underperform Votes:  384 (Vote Underperform)
Total Votes:  761
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 2/17/2020 by MarketBeat.com Staff

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