Astec Industries, Inc. (ASTE)
Market Cap | 1.08B |
Revenue (ttm) | 1.36B |
Net Income (ttm) | 24.90M |
Shares Out | 22.74M |
EPS (ttm) | 1.10 |
PE Ratio | 43.04 |
Forward PE | 14.00 |
Dividend | $0.52 (1.10%) |
Ex-Dividend Date | Aug 10, 2023 |
Volume | 89,334 |
Open | 47.57 |
Previous Close | 47.59 |
Day's Range | 47.07 - 49.02 |
52-Week Range | 31.04 - 56.33 |
Beta | 1.57 |
Analysts | Hold |
Price Target | 50.00 (+5.62%) |
Earnings Date | Nov 1, 2023 |
About 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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ASTE stock is "Hold" and the 12-month stock price forecast is $50.0.
News

Astec Reports Second Quarter 2023 Results
Second Quarter 2023 Highlights (all comparisons are made to the prior year second quarter):

Astec Appoints New Member to Board of Directors and Announces Retirement of Long Time Member
CHATTANOOGA, Tenn., July 28, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced the company's board of directors (the "Board") elected Mr. James (Jay) Winford, a new independent ...

Astec Announces Quarterly Dividend
CHATTANOOGA, Tenn., July 28, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be...

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Second Quarter Conference Call on August 2, 2023 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., July 10, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announces a conference call to review the company's second quarter 2023 financial results.

Astec Reports First Quarter 2023 Results
First Quarter 2023 Highlights (all comparisons are made to the prior year first quarter):

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's First Quarter Conference Call on May 3, 2023 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., April 03, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announces conference call to review the company's first quarter 2023 financial results.

Astec Reports Fourth Quarter 2022 Results
Fourth Quarter 2022 Highlights (all comparisons are made to the prior year fourth quarter):

Astec to Bring OneASTEC Product Offering to CONEXPO
CHATTANOOGA, Tenn., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) is returning to CONEXPO-CON/AGG, March 14-18, in Las Vegas, with its comprehensive product offering.

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Fourth Quarter Conference Call on March 1 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announces conference call to review the company's fourth quarter 2022 financial results.

Astec Industries, Inc. (NASDAQ: ASTE) Announces CEO Transition
CHATTANOOGA, Tenn., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today Barry Ruffalo has stepped down as President and Chief Executive Officer and as a member of t...

Rebecca A. Weyenberg Elected to the EMCOR Group, Inc. Board of Directors
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME) today announced the election by the Company's Board of Directors (the Board) of Rebecca A. Weyenberg to the Board effective December 14...

Astec to Present at Baird's 2022 Global Industrial Conference
CHATTANOOGA, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced today that Barry A. Ruffalo, President and Chief Executive Officer, and Stephen C. Anderson, Senio...

Astec Appoints New Members to Board of Directors
CHATTANOOGA, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced the company's board of directors (the “Board”) elected Mr. Mark Gliebe and Mr. Nalin Jain, each a ...

Astec Reports Third Quarter 2022 Results
Third Quarter 2022 Highlights (all comparisons are made to the prior year third quarter):

Astec Announces Dividend Increase of 8.3%
CHATTANOOGA, Tenn., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be...

Astec strengthens sustainability commitment joining NAPA Climate Initiative
CHATTANOOGA, Tenn., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Astec (NASDAQ: ASTE) announced it has joined The Road Forward, an industry-wide initiative of the National Asphalt Pavement Association (NAPA), to...

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Third Quarter Conference Call on November 2, 2022 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., Oct. 03, 2022 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's third quarter 2022 financial r...

Astec Celebrates 50 Years of Manufacturing Heavy Equipment that Connects the World
CHATTANOOGA, Tenn., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) is celebrating 50 years of designing and manufacturing heavy equipment used to build the infrastructure that...

Astec to Ring Nasdaq Opening Bell to Celebrate 50th Anniversary
CHATTANOOGA, Tenn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- To celebrate 50 years of designing and manufacturing heavy equipment used to build the infrastructure that connects the world, Astec Industries, I...

Astec Reports Second Quarter 2022 Results
Second Quarter 2022 Highlights (all comparisons are made to the prior year second quarter):

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Second Quarter Conference Call on August 2, 2022 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., July 19, 2022 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's second quarter 2022 financial ...

Astec to participate in the Stifel 2022 Cross Sector Insight Conference
CHATTANOOGA, Tenn., May 23, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Stifel 2022 Cross Sector Insight Conference on Wednesday, June 8, ...

Astec Reports First Quarter 2022 Results
First Quarter 2022 Highlights (all comparisons are made to the prior year first quarter):

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's First Quarter Conference Call May 4, 2022 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., April 25, 2022 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's First Quarter financial resul...