Astec Industries/ASTE

$42.22

0.81%
-
1D1W1MYTD1YMAX

About Astec Industries

Astec Industries, Inc. designs, engineers, manufactures, markets, and equipment and components used primarily in asphalt and concrete road building and related construction activities. Its Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt and concrete plants, components and ancillary equipment, and asphalt road construction equipment, industrial thermal systems, land clearing, recycling and other heavy equipment. Its Materials Solutions segment designs and manufactures heavy rock processing equipment, in addition to servicing and supplying parts for the aggregate, mining, recycling, ports and bulk handling markets. The Company's products are marketed both domestically and internationally primarily 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, and others.

Ticker

ASTE

Sector

Industrials

Trading on

NASDAQ

Industry

Constr. & Agric. Machinery

CEO

Jaco van Der Merwe

Employees

4,322

Headquarters

Chattanooga, United States

Astec Industries Metrics

BasicAdvanced
$949.08M
Market cap
28.37
P/E ratio
$1.47
EPS
1.41
Beta
$0.52
Dividend rate
1.25%
Dividend yield
$949.08M
1.40651
$56.33
$28.97
126.07K
$0.52
2.406
0.883
11.019
12.718
35.22%
71.909
8%
3.25%
5.23%
4.49%
28.372
0.709
1.452
1.607
0.95%
1.25%
1.25%
5%
28,493.82%
9.32%
-3.47%
5.73%

What the Analysts think about Astec Industries

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 3 analysts.
10.54% upside
High $53.00
Low $40.00
$42.22
Current price
$46.67
Average price target

Astec Industries Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.41% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$337.2M
11.25%
Net income
$14.9M
-325.76%
Profit margin
4.41%
-303.23%

Astec Industries Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 35.49%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.90
$0.87
-$0.01
$0.90
-
Expected
$0.52
$0.67
$0.62
$0.66
$0.86
Surprise
74.25%
28.94%
-101.61%
35.49%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Astec Industries stock?

Astec Industries (ASTE) has a market cap of $952.49M as of April 21, 2024.

What is the P/E ratio for Astec Industries stock?

The price to earnings (P/E) ratio for Astec Industries (ASTE) stock is 28.47 as of April 21, 2024.

Does Astec Industries stock pay dividends?

Yes, the Astec Industries (ASTE) stock pays dividends to shareholders. As of April 21, 2024, the dividend rate is $0.52 and the yield is 1.24%. Astec Industries has a payout ratio of 35.22% on a trailing twelve-month basis.

When is the next Astec Industries dividend payment date?

The next Astec Industries (ASTE) dividend payment date is unconfirmed.

What is the beta indicator for Astec Industries?

Astec Industries (ASTE) has a beta rating of 1.4. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Astec Industries stock price target?

The target price for Astec Industries (ASTE) stock is $46.67, which is 9.12% above the current price of $42.77. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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