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NASDAQ:ASTE

Astec Industries (ASTE) Stock Forecast, Price & News

$44.61
+0.31 (+0.70%)
(As of 05/23/2022 01:34 PM ET)
Add
Compare
Today's Range
$44.02
$44.94
50-Day Range
$36.58
$46.20
52-Week Range
$36.31
$75.00
Volume
1,038 shs
Average Volume
142,711 shs
Market Capitalization
$1.02 billion
P/E Ratio
76.92
Dividend Yield
1.08%
Beta
1.3
30 days | 90 days | 365 days | Advanced Chart
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Astec Industries logo

About Astec Industries

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Headlines

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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

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$2.78 per share
Book Value
$28.78 per share

Profitability

Net Income
$17.80 million
Pretax Margin
1.11%

Debt

Price-To-Earnings

Miscellaneous

Free Float
22,607,000
Market Cap
$1.02 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/31 Dividend
3/09/2022
Dividend Payable
3/31/2022
Last Earnings
5/04/2022
Ex-Dividend for 5/27 Dividend
5/12/2022
Today
5/23/2022
Dividend Payable
5/27/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.54 out of 5 stars

Industrial Products Sector

66th out of 254 stocks

Construction Machinery Industry

4th out of 8 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -













Astec Industries (NASDAQ:ASTE) Frequently Asked Questions

Is Astec Industries a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astec Industries in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Astec Industries stock.
View analyst ratings for Astec Industries
or view top-rated stocks.

When is Astec Industries' next earnings date?

Astec Industries is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Astec Industries
.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) announced its quarterly earnings data on Wednesday, May, 4th. The industrial products company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.24. The industrial products company earned $291.20 million during the quarter, compared to analyst estimates of $286.56 million. Astec Industries had a net margin of 1.20% and a trailing twelve-month return on equity of 4.74%. Astec Industries's quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.41 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 declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Friday, May 13th will be given a dividend of $0.12 per share on Friday, May 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Thursday, May 12th.
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 1.08%. Astec Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Astec Industries is 82.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Astec Industries will have a dividend payout ratio of 18.05% 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?

2 Wall Street analysts have issued 12-month price objectives for Astec Industries' stock. Their forecasts range from $40.00 to $82.00. On average, they expect Astec Industries' stock price to reach $61.00 in the next year. This suggests a possible upside of 37.3% 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:
  • Mr. Barry A. Ruffalo, Pres, CEO & Director (Age 52, Pay $1.22M)
  • Ms. Rebecca A. Weyenberg, Chief Financial Officer (Age 58, Pay $567.24k)
  • Mr. Anshu Pasricha, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 42, Pay $515.12k)
  • Mr. Jaco van der Merwe, Group Pres of Infrastructure (Age 49, Pay $584.36k)
  • Mr. Timothy A. Averkamp, Group Pres of Materials Solutions Group (Age 50, Pay $534.32k)
  • Ms. Jamie E. Palm, VP, Chief Accounting Officer & Corp. Controller (Age 44)
  • Mr. Matthew T. Litchfield Sr., Chief Information Officer (Age 47) (LinkedIn Profile)
  • Mr. Stephen C. Anderson, Sr. VP of Admin. & Investor Relations (Age 58)
  • Mr. Mark Roth, Sr. VP of Corp. Devel. & Strategy (Age 47)
  • Mr. Gregory G. Oswald, Sr. VP of Global Operational Excellence (Age 57)
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.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (17.70%), Vanguard Group Inc. (10.45%), Victory Capital Management Inc. (6.36%), Dimensional Fund Advisors LP (5.87%), Gamco Investors INC. ET AL (4.28%) and Gamco Investors INC. ET AL (4.28%). 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 major investors are selling Astec Industries stock?

ASTE stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., William Blair Investment Management LLC, Bank of New York Mellon Corp, Goldman Sachs Group Inc., JPMorgan Chase & Co., First Trust Advisors LP, SG Americas Securities LLC, and Benjamin F. Edwards & Company Inc..
View insider buying and selling activity for Astec Industries
or view top insider-selling stocks.

Which major investors are buying Astec Industries stock?

ASTE stock was acquired by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., BlackRock Inc., Engineers Gate Manager LP, Invesco Ltd., Vanguard Group Inc., Nordea Investment Management AB, Gamco Investors INC. ET AL, and Gamco Investors INC. ET AL.
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.
Compare Top Brokerages Here.

What is Astec Industries' stock price today?

One share of ASTE stock can currently be purchased for approximately $44.43.

How much money does Astec Industries make?

Astec Industries 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 $0.579990 on an earnings per share basis.

How many employees does Astec Industries have?

Astec Industries employs 4,041 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.

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.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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