Astec Industries Stock Forecast, Price & News

Astec Industries (NASDAQ:ASTE) Frequently Asked Questions

Is Astec Industries a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Astec Industries stock.
View analyst ratings for Astec Industries or view top-rated stocks.

How has Astec Industries' stock price been impacted by COVID-19 (Coronavirus)?

Astec Industries' stock was trading at $31.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ASTE shares have increased by 111.5% and is now trading at $66.26.
View which stocks have been most impacted by COVID-19.

When is Astec Industries' next earnings date?

Astec Industries is scheduled to release its next quarterly earnings announcement on Monday, March 7th 2022.
View our earnings forecast for Astec Industries.

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 for the quarter, topping the consensus estimate of $0.31 by $0.19. The industrial products company had revenue of $267 million for the quarter, compared to analyst estimates of $266.16 million. Astec Industries had a net margin of 3.97% and a trailing twelve-month return on equity of 6.84%. The company's quarterly revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 earnings per share.
View Astec Industries' earnings history.

How often does Astec Industries pay dividends? What is the dividend yield for Astec Industries?

Astec Industries announced a quarterly dividend on Tuesday, November 2nd. Investors of record on Wednesday, November 10th will be paid a dividend of $0.12 per share on Thursday, December 2nd. This represents a $0.48 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Tuesday, November 9th. This is an increase from Astec Industries's previous quarterly dividend of $0.11.
View Astec Industries' dividend history.

Is Astec Industries a good dividend stock?

Astec Industries pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.70%. Astec Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Astec Industries is 25.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Astec Industries will have a dividend payout ratio of 17.78% next year. This indicates that Astec Industries will be able to sustain or increase its dividend.
View Astec Industries' dividend history.

What price target have analysts set for ASTE?

3 brokers have issued 12 month price targets for Astec Industries' shares. Their forecasts range from $81.00 to $92.00. On average, they anticipate Astec Industries' share price to reach $85.00 in the next year. This suggests a possible upside of 28.3% from the stock's current price.
View analysts' price targets for Astec Industries or view top-rated stocks among Wall Street analysts.

Who are Astec Industries' key executives?

Astec Industries' management team includes the following people:

• Barry A. Ruffalo, President, Chief Executive Officer & Director
• Timothy A. Averkamp, Group President
• Rebecca A. Weyenberg, Chief Financial Officer
• Matthew T. Litchfield, Chief Information Officer (LinkedIn Profile)
• Jamie E. Palm, Chief Accounting Officer, VP & Controller

What is J. Don Brock's approval rating as Astec Industries' CEO?

7 employees have rated Astec Industries CEO J. Don Brock on Glassdoor.com. J. Don Brock has an approval rating of 100% among Astec Industries' employees. This puts J. Don Brock in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Astec Industries' key competitors?

Some companies that are related to Astec Industries include Deere & Company (DE), Caterpillar (CAT), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN) and Greenbrier Companies (GBX).
View all of ASTE's 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), 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 BlackRock Inc. (15.64%), Victory Capital Management Inc. (6.90%), Dimensional Fund Advisors LP (5.81%), Gamco Investors INC. ET AL (4.21%), Goldman Sachs Group Inc. (3.26%) and Franklin Resources Inc. (2.75%). Company insiders that own Astec Industries stock include Matthew T Sr Litchfield Sr, Rebecca A Weyenberg and William Glenwood Dorey.
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 Franklin Resources Inc., BlackRock Inc., Goldman Sachs Group Inc., Gabelli Funds LLC, Morgan Stanley, Redwood Investments LLC, Invesco Ltd., and Russell Investments Group Ltd.. Company insiders that have sold Astec Industries company stock in the last year include Matthew T Sr Litchfield Sr, and William Glenwood Dorey.
View insider buying and selling activity for Astec Industries or view top insider-selling stocks.

Which institutional investors are buying Astec Industries stock?

ASTE stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Victory Capital Management Inc., Segall Bryant & Hamill LLC, American Century Companies Inc., Millennium Management LLC, BNP Paribas Arbitrage SA, Healthcare of Ontario Pension Plan Trust Fund, and Quadrature Capital Ltd.
View insider buying and selling activity for Astec Industries or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Astec Industries' stock price today?

One share of ASTE stock can currently be purchased for approximately $66.26.

How much money does Astec Industries make?

Astec Industries has a market capitalization of $1.51 billion and generates $1.02 billion in revenue each year. The industrial products company earns $46.90 million in net income (profit) each year or $1.85 on an earnings per share basis.

How many employees does Astec Industries have?

Astec Industries employs 3,537 workers across the globe.

When was Astec Industries founded?

Astec Industries was founded in 1972.

What is Astec Industries' official website?

The official website for Astec Industries is www.astecindustries.com.

Where are Astec Industries' headquarters?

Astec Industries is headquartered at 1725 SHEPHERD ROAD, CHATTANOOGA TN, 37421.

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, via email at [email protected], or via fax at 423-899-4456.