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. $44.67 -0.85 (-1.87%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$44.08▼$45.6450-Day Range$36.73▼$45.5252-Week Range$31.04▼$61.88Volume64,786 shsAverage Volume141,641 shsMarket Capitalization$1.01 billionP/E RatioN/ADividend Yield1.14%Price Target$40.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Astec Industries MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.5% Downside$40.00 Price TargetShort InterestHealthy0.99% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.54Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth63.49%From $1.26 to $2.06 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.1.89 out of 5 starsIndustrial Products Sector116th out of 175 stocksConstruction Machinery Industry5th 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, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.00, Astec Industries has a forecasted downside of 10.5% from its current price of $44.67.Amount of Analyst CoverageAstec Industries has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.99% 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 1.8, 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 22.72%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldAstec Industries pays a meaningful dividend of 1.14%, 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 25.24% 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 2.0 News and Social Media Coverage News SentimentAstec Industries has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Astec Industries this week, compared to 2 articles on an average week. 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Astec Industries are expected to grow by 63.49% in the coming year, from $1.26 to $2.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Astec Industries is -124.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Astec Industries is -124.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAstec Industries has a P/B Ratio of 1.55. 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 manufacture of equipment and components for the infrastructure, and aggregate and mining industries. It operates through the following segments: Infrastructure Solutions, Material Solutions, and Corporate. The Infrastructure Solutions segment markets line of asphalt plants and related components, asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment. The Material Solutions segment focuses on designing and manufacturing heavy processing equipment, as well as servicing and supplying parts for the aggregate, metallic mining, recycling, ports, and bulk handling markets. The Corporate segment includes the firm's parent company and Astec Insurance Co. 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 HeadlinesFebruary 3, 2023 | marketwatch.comConstruction and Mining Equipment Market 2023 : Trends, Industry Size, Share, Emerging Trends, Top Leading Players and Forecast 2028February 2, 2023 | marketwatch.comJaw Crusher Market 2023 SWOT Analysis and Forecast to 2030 | Top Players -Sandvik, Metso, Terex, Astec IndustriesFebruary 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 2, 2023 | marketwatch.comGlobal Screener Market Growth (Size and Outlook) 2023 Research Report by Sales, Revenue, Price, Gross Margin and Forecast to 2029February 1, 2023 | finance.yahoo.comAstec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s Fourth Quarter Conference Call on March 1 at 8:30 A.M. Eastern TimeJanuary 31, 2023 | marketwatch.comScreener Market Explore Key strategic and Developments by Key Players Terex, Sandvik, Astec Industries, MetsoJanuary 30, 2023 | marketwatch.comConcrete and Road Construction Equipment Market Regional Trends, Growth Projection and Global Industry Analysis Report 2023-2028January 27, 2023 | marketwatch.comScreener Market is booming in near Future 2023-2028February 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 27, 2023 | finance.yahoo.comWhy Astec Industries, Inc. (NASDAQ:ASTE) Could Be Worth WatchingJanuary 23, 2023 | marketwatch.comRockbreakers Market 2023 : SWOT Analysis by Players Continues Explosive Growth by 2028January 20, 2023 | finance.yahoo.comGlobal Mine Scaler Market Research Report 2022-2032January 20, 2023 | marketwatch.comTunnel Construction Equipment Market Size Insight Report 2023 to 2029 by Top Key Players, Types, End Users and Regions with COVID-19 Impact AnalysisJanuary 19, 2023 | marketwatch.comMobile Crushing & Screening Plants Market 2023 Industry Outlook, Current Status, Supply-Demand, Growth Opportunities and Top Players Analysis 2028January 18, 2023 | marketwatch.comMining Crushing Machines Market Research report forecast 2023 To 2028, Latest Industry News, Top Company Analysis, Research MethodologyJanuary 17, 2023 | marketwatch.comCrusher (Mining) Market Size 2023 with Strong Supplier, Key Factors, Driving the market Growth, Information 2028January 16, 2023 | marketwatch.comImpact Grinder Market 2023 : Impressive Growth Rate, Regional Insights, Competitive Outlook, and Geographical Divisions 2029January 16, 2023 | marketwatch.comVibrating Screen Market Analysis by 2028 with Key Players The Weir Group, Aury, Astec Industries, Metso CorporationJanuary 12, 2023 | marketwatch.comDry Vibrating Screen Market : Competitive Landscape and Analysis by Recent Trends 2023 to 2028January 11, 2023 | marketwatch.comIndustrial Machinery Market Regional Trends, Growth Projection and Global Industry Analysis Report 2023-2028January 10, 2023 | marketwatch.comChipping & Grinding Equipment Market 2023 : Growth Analysis, Key Stakeholders, Regional Outlook, End-User Applicants by 2028January 9, 2023 | msn.comAstec Industries could be takeover candidate following CEO exit - analystJanuary 6, 2023 | msn.comAstec Industries CEO Ruffalo steps down, replaced by van der MerweJanuary 6, 2023 | seekingalpha.comAstec plunges after CEO Ruffalo steps down, replaced by Van der MerweJanuary 6, 2023 | finance.yahoo.comAstec Industries, Inc. (NASDAQ: ASTE) Announces CEO TransitionJanuary 6, 2023 | marketwatch.comRoad Construction Equipment Market Size [2023-2028] | Industry Share, Growth Factor, Revenue And Trends Outlook ReportJanuary 5, 2023 | marketwatch.comTunneling Equipment Market Size to be Driven by the Rapid Urbanisation in the Forecast Period of 2023-2028 | 120 No. PagesSee 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 Earnings11/03/2021Ex-Dividend for 12/2 Dividend11/10/2022Dividend Payable12/02/2022Today2/06/2023Next Earnings (Confirmed)3/01/2023Fiscal 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) 899-5898Fax423-899-4456Employees4,041Year Founded1972Price Target and Rating Average Stock Price Forecast$40.00 High Stock Price Forecast$40.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside-10.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.36) Trailing P/E RatioN/A Forward P/E Ratio35.45 P/E GrowthN/ANet Income$17.80 million Net Margins-0.70% Pretax Margin-0.65% Return on Equity3.01% Return on Assets2.07% Debt Debt-to-Equity RatioN/A Current Ratio2.29 Quick Ratio0.89 Sales & Book Value Annual Sales$1.10 billion Price / Sales0.92 Cash Flow$2.75 per share Price / Cash Flow16.23 Book Value$28.76 per share Price / Book1.55Miscellaneous Outstanding Shares22,710,000Free Float22,478,000Market Cap$1.01 billion OptionableOptionable Beta1.53 Social Links Key ExecutivesJaco G. van der MerwePresident, Chief Executive Officer & DirectorTimothy A. AverkampGroup PresidentRebecca A. WeyenbergChief Financial OfficerAnshu PasrichaSecretary, Compliance Officer & General CounselJamie E. PalmChief Accounting Officer, VP & ControllerKey CompetitorsManitowocNYSE:MTWColumbus McKinnonNASDAQ:CMCOTrinseoNYSE:TSEGlobal IndustrialNYSE:GICCentury AluminumNASDAQ:CENXView All CompetitorsInsiders & InstitutionsMesirow Institutional Investment Management Inc.Bought 200,200 shares on 2/6/2023Ownership: 0.882%Roubaix Capital LLCBought 60,479 shares on 2/6/2023Ownership: 0.266%SG Americas Securities LLCBought 2,591 shares on 2/2/2023Ownership: 0.057%Simplex Trading LLCBought 4,700 shares on 2/2/2023Ownership: 0.000%Bank of Montreal CanBought 521 shares on 2/1/2023Ownership: 0.050%View All Institutional Transactions ASTE Stock - Frequently Asked Questions Should I buy or sell Astec Industries stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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? 1 equities research analysts have issued 1 year price targets for Astec Industries' shares. Their ASTE share price forecasts range from $40.00 to $40.00. On average, they predict the company's share price to reach $40.00 in the next year. This suggests that the stock has a possible downside of 10.5%. 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 on January 1st, 2023. Since then, ASTE stock has increased by 9.9% and is now trading at $44.67. View the best growth stocks for 2023 here. Are investors shorting Astec Industries? Astec Industries saw a drop in short interest in January. As of January 15th, there was short interest totaling 220,800 shares, a drop of 22.7% from the December 31st total of 285,700 shares. Based on an average daily volume of 123,200 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the company's stock are sold short. 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, March 1st 2023. View our ASTE earnings forecast. How can I listen to Astec Industries' earnings call? Astec Industries will be holding an earnings conference call on Wednesday, March 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "8741406". How were Astec Industries' earnings last quarter? Astec Industries, Inc. (NASDAQ:ASTE) issued its earnings results on Wednesday, November, 3rd. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.19. The industrial products company earned $267 million during the quarter, compared to the consensus estimate of $266.16 million. Astec Industries had a negative net margin of 0.70% and a positive trailing twelve-month return on equity of 3.01%. The company's revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.20 earnings per share. How often does Astec Industries pay dividends? What is the dividend yield for Astec Industries? Astec Industries announced a quarterly dividend on Thursday, October 27th. Investors of record on Monday, November 14th will be given a dividend of $0.13 per share on Friday, December 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, November 10th. This is a boost from the stock's previous quarterly dividend of $0.12. Read our dividend analysis for ASTE. 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 1.14%. 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 variety of institutional and retail investors. Top institutional shareholders include Mesirow Institutional Investment Management Inc. (0.88%), Valicenti Advisory Services Inc. (0.28%), Roubaix Capital LLC (0.27%), State of New Jersey Common Pension Fund D (0.24%), Assenagon Asset Management S.A. (0.13%) and Yousif Capital Management LLC (0.06%). 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 $44.67. How much money does Astec Industries make? Astec Industries (NASDAQ:ASTE) has a market capitalization of $1.01 billion and generates $1.10 billion in revenue each year. The industrial products company earns $17.80 million in net income (profit) each year or ($0.36) on an earnings per share basis. How many employees does Astec Industries have? The company employs 4,041 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 2/7/2023 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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