NASDAQ:ASTE - Astec Industries Stock Price, Price Target & More

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$61.37 0.00 (0.00 %)
(As of 07/23/2018 09:31 AM ET)
Previous Close$61.37
Today's Range$61.26 - $61.26
52-Week Range$45.70 - $64.80
Volume731 shs
Average Volume83,896 shs
Market Capitalization$1.42 billion
P/E Ratio38.84
Dividend Yield0.65%
Beta1.13
Astec Industries logoAstec 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 operates through Infrastructure Group, Aggregate and Mining Group, and Energy Group segments. The 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. It serves asphalt producers, highway and heavy equipment contractors, wood pellet processors, and governmental agencies. The Aggregate and Mining Group segment offers jaw and cone crushers, horizontal and vertical shaft impactors, material handling products, roll rock crushers, stationary rockbreaker systems, vibrating feeders and screens, conveyors, inclined products, vertical and horizontal screens, and sand classifying and washing equipment. This segment serves distributors, open mine operators, quarry operators, port and inland terminal operators, highway and heavy equipment contractors, and governmental agencies. The Energy Group segment offers drilling rigs; diesel pump trailers for fracking and cleaning oil and gas wells; concrete plants; commercial and industrial burners; combustion control systems; heating equipment; roofing material and rubber plants; chemical, oil sands, and energy related processing products; heat transfer processing equipment; and thermal fluid storage tanks, waste heat recovery equipment, blower trucks, whole-tree pulpwood and biomass chippers, and horizontal grinders. It serves oil, gas, and water well drilling industry contractors; processors of oil, gas, and biomass for energy production; ready mix concrete producers; and contractors in the construction and demolition recycling markets. The company was founded in 1972 and is based in Chattanooga, Tennessee.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio3.39
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio38.84
Forward P/E Ratio18.10
P/E Growth1.81

Sales & Book Value

Annual Sales$1.18 billion
Price / Sales1.20
Cash Flow$2.7095 per share
Price / Cash22.65
Book Value$29.77 per share
Price / Book2.06

Profitability

EPS (Most Recent Fiscal Year)$1.58
Net Income$37.79 million
Net Margins3.60%
Return on Equity6.09%
Return on Assets4.70%

Miscellaneous

Employees4,437
Outstanding Shares23,090,000
Market Cap$1,416.88

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, April 26th. Shareholders of record on Monday, May 14th will be given a dividend of $0.10 per share on Wednesday, May 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, May 11th. View Astec Industries' Dividend History.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) announced its quarterly earnings results on Tuesday, April, 24th. The industrial products company reported $0.87 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.86 by $0.01. The industrial products company earned $325.50 million during the quarter, compared to analysts' expectations of $336.32 million. Astec Industries had a return on equity of 6.09% and a net margin of 3.60%. The company's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 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, July, 24th 2018. View Earnings Estimates for Astec Industries.

What price target have analysts set for ASTE?

5 equities research analysts have issued 12-month price objectives for Astec Industries' stock. Their forecasts range from $64.00 to $70.00. On average, they anticipate Astec Industries' stock price to reach $66.3333 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Ratings for Astec Industries.

What is the consensus analysts' recommendation for Astec Industries?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Astec Industries' key competitors?

Who are Astec Industries' key executives?

Astec Industries' management team includes the folowing people:
  • Mr. Benjamin G. Brock, CEO, Pres & Director (Age 47)
  • Mr. David C. Silvious, CFO, VP & Treasurer (Age 50)
  • Mr. Richard J. Dorris, COO & Exec. VP (Age 57)
  • Mr. Richard A. Patek, Group Pres of Aggregate & Mining - International (Age 61)
  • Mr. Stephen C. Anderson, VP of Admin., Director of IR, Compliance Officer & Corp. Sec. (Age 54)

Has Astec Industries been receiving favorable news coverage?

Media headlines about ASTE stock have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Astec Industries earned a coverage optimism score of 0.22 on Accern's scale. They also gave news stories about the industrial products company an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Astec Industries' major shareholders?

Astec Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.64%), SG Capital Management LLC (0.51%), Confluence Investment Management LLC (0.35%), Xact Kapitalforvaltning AB (0.03%), Municipal Employees Retirement System of Michigan (0.02%) and Amalgamated Bank (0.02%). Company insiders that own Astec Industries stock include Benjamin G Brock, David C Silvious, John J Irvine III, Michael A Bremmer, Stephen C Anderson, Steven L Claude, Tommie Kruger and W Norman Smith. 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 Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Astec Industries.

Which institutional investors are buying Astec Industries stock?

ASTE stock was acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Bank of Montreal Can, Amalgamated Bank, Confluence Investment Management LLC and Xact Kapitalforvaltning AB. 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 $61.37.

How big of a company is Astec Industries?

Astec Industries has a market capitalization of $1.42 billion and generates $1.18 billion in revenue each year. The industrial products company earns $37.79 million in net income (profit) each year or $1.58 on an earnings per share basis. Astec Industries employs 4,437 workers across the globe.

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:  282 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  561
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 7/23/2018 by MarketBeat.com Staff

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