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Can Cummins Power To A New High? 
Is BigBear.ai Stock a Diamond in the Rough?
S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
Solar Industry at Start of Long Bull Run? (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
How to Find Penny Stocks to Invest and Trade
Move Over Lithium – 220 Pounds of Graphite In Every EV Battery (Ad)
What Tyson Foods Q1 Means For Staples Stocks
ONSemi Is Marching Higher On Great Results
Move Over Lithium – 220 Pounds of Graphite In Every EV Battery (Ad)
Can Cummins Power To A New High? 
Is BigBear.ai Stock a Diamond in the Rough?
S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
Solar Industry at Start of Long Bull Run? (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
How to Find Penny Stocks to Invest and Trade
Move Over Lithium – 220 Pounds of Graphite In Every EV Battery (Ad)
What Tyson Foods Q1 Means For Staples Stocks
ONSemi Is Marching Higher On Great Results
Move Over Lithium – 220 Pounds of Graphite In Every EV Battery (Ad)
Can Cummins Power To A New High? 
Is BigBear.ai Stock a Diamond in the Rough?
NASDAQ:ASTE

Astec Industries - ASTE Stock Forecast, Price & News

$44.67
-0.85 (-1.87%)
(As of 02/6/2023 12:00 AM ET)
Add
Compare
Today's Range
$44.08
$45.64
50-Day Range
$36.73
$45.52
52-Week Range
$31.04
$61.88
Volume
64,786 shs
Average Volume
141,641 shs
Market Capitalization
$1.01 billion
P/E Ratio
N/A
Dividend Yield
1.14%
Price Target
$40.00

Astec Industries MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
10.5% Downside
$40.00 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.54mentions of Astec Industries in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
63.49%
From $1.26 to $2.06 Per Share

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 stars

Industrial Products Sector

116th out of 175 stocks

Construction Machinery Industry

5th out of 6 stocks

ASTE stock logo

About Astec Industries (NASDAQ:ASTE) Stock

Astec 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.

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ASTE Stock News Headlines

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The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Screener Market is booming in near Future 2023-2028
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Global Mine Scaler Market Research Report 2022-2032
See More Headlines
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ASTE Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 12/2 Dividend
11/10/2022
Dividend Payable
12/02/2022
Today
2/06/2023
Next Earnings (Confirmed)
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Construction machinery
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
Current Symbol
NASDAQ:ASTE
CUSIP
04622410
Employees
4,041
Year Founded
1972

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$17.80 million
Pretax Margin
-0.65%

Debt

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$2.75 per share
Book Value
$28.76 per share

Miscellaneous

Free Float
22,478,000
Market Cap
$1.01 billion
Optionable
Optionable
Beta
1.53

Social Links


Key Executives

  • Jaco G. van der Merwe
    President, Chief Executive Officer & Director
  • Timothy A. Averkamp
    Group President
  • Rebecca A. Weyenberg
    Chief Financial Officer
  • Anshu Pasricha
    Secretary, Compliance Officer & General Counsel
  • Jamie E. Palm
    Chief Accounting Officer, VP & Controller













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