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NASDAQ:ASTE

Astec Industries (ASTE) Stock Price, News & Analysis

$29.24
-0.14 (-0.48%)
(As of 07/5/2024 08:52 PM ET)
Today's Range
$28.71
$29.35
50-Day Range
$28.82
$42.92
52-Week Range
$28.63
$56.33
Volume
135,100 shs
Average Volume
150,695 shs
Market Capitalization
$665.65 million
P/E Ratio
26.83
Dividend Yield
1.78%
Price Target
$43.50

Astec Industries MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
48.8% Upside
$43.50 Price Target
Short Interest
Healthy
2.33% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$33,460 Bought Last Quarter
Proj. Earnings Growth
14.34%
From $2.44 to $2.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Industrial Products Sector

93rd out of 165 stocks

Construction Machinery Industry

6th out of 6 stocks

ASTE stock logo

About Astec Industries Stock (NASDAQ:ASTE)

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities worldwide. 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; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government 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. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

ASTE Stock Price History

ASTE Stock News Headlines

Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on August 19.
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on August 19.
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 5/31 Dividend
5/10/2024
Dividend Payable
5/31/2024
Today
7/07/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction machinery
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
Current Symbol
NASDAQ:ASTE
CUSIP
04622410
Employees
4,322
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$43.50
High Stock Price Target
$50.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+48.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$33.50 million
Pretax Margin
2.39%

Debt

Sales & Book Value

Annual Sales
$1.34 billion
Cash Flow
$3.81 per share
Book Value
$28.75 per share

Miscellaneous

Free Float
22,606,000
Market Cap
$665.50 million
Optionable
Optionable
Beta
1.30

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Key Executives

  • Mr. Jaco G. van der Merwe (Age 51)
    CEO, President & Director
    Comp: $1.99M
  • Ms. Rebecca A. Weyenberg (Age 60)
    Advisor
    Comp: $1.14M
  • Mr. Timothy A. Averkamp (Age 52)
    Group President of Materials Solutions Group
    Comp: $511.02k
  • Mr. Michael Norris (Age 55)
    Group President of Materials Solutions and Senior VP of International & Aftermarket Sales
    Comp: $746.4k
  • Barend Snyman
    Group President of Infrastructure
  • Mr. Heinrich Jonker
    Interim Chief Financial Officer
  • Ms. Jamie E. Palm (Age 45)
    VP, Chief Accounting Officer & Corporate Controller
  • Mr. Siddharth Verma (Age 44)
    CTO and President of Digital & Innovation
  • Mr. Stephen C. Anderson (Age 60)
    Senior VP of Administration, Investor Relations & Corporate Secretary
    Comp: $410.38k
  • Ms. Aletheia D. Silcott (Age 41)
    Global Vice President of Human Resources

ASTE Stock Analysis - Frequently Asked Questions

How have ASTE shares performed this year?

Astec Industries' stock was trading at $37.20 on January 1st, 2024. Since then, ASTE stock has decreased by 21.4% and is now trading at $29.24.
View the best growth stocks for 2024 here
.

How were Astec Industries' earnings last quarter?

Astec Industries, Inc. (NASDAQ:ASTE) posted its quarterly earnings data on Wednesday, May, 1st. The industrial products company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.81 by $0.47. The company's quarterly revenue was down 11.1% on a year-over-year basis.

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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Astec Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Astec Industries investors own include AbbVie (ABBV), NVIDIA (NVDA), Advanced Micro Devices (AMD), Pfizer (PFE), Take-Two Interactive Software (TTWO), Exxon Mobil (XOM) and Alibaba Group (BABA).

This page (NASDAQ:ASTE) was last updated on 7/8/2024 by MarketBeat.com Staff

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