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Astec Industries, Inc. (ASTE)

NASDAQ: ASTE · IEX Real-Time Price · USD
68.26 1.55 (2.32%)
Dec 7, 2021 3:27 PM EST - Market open
Market Cap1.55B
Revenue (ttm)1.07B
Net Income (ttm)42.35M
Shares Out22.76M
EPS (ttm)1.85
PE Ratio36.90
Forward PEn/a
Dividend$0.45 (0.66%)
Ex-Dividend DateNov 9, 2021
Volume59,739
Open67.50
Previous Close66.71
Day's Range65.11 - 69.13
52-Week Range50.29 - 80.00
Beta1.26
AnalystsBuy
Price Target81.33 (+19.1%)
Earnings DateNov 3, 2021

About ASTE

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's Infrastructure Solutions segment designs, engineers, manufactures, and markets 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, ...

IndustryMachinery
Founded1972
CEOBarry Ruffalo
Employees3,537
Stock ExchangeNASDAQ
Ticker SymbolASTE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ASTE stock is "Buy." The 12-month stock price forecast is 81.33, which is an increase of 19.15% from the latest price.

Price Target
$81.33
(19.15% upside)
Analyst Consensus: Buy

News

Astec Industries (ASTE) Up 2.3% Since Last Earnings Report: Can It Continue?

Astec Industries (ASTE) reported earnings 30 days ago. What's next for the stock?

4 days ago - Zacks Investment Research

Astec's (ASTE) Margins to Bear the Brunt of Inflated Costs

While Astec (ASTE) will gain from a higher backlog, higher steel prices, supply-chain issues and labor constraints will likely hurt results.

2 weeks ago - Zacks Investment Research

Astec (ASTE) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

Astec (ASTE) Q3 earnings improve year over year on the back of higher sales. Total backlog was a record $620.5 million, which increased a whopping 184% year over year.

1 month ago - Zacks Investment Research

Astec Industries (ASTE) Tops Q3 Earnings and Revenue Estimates

Astec Industries (ASTE) delivered earnings and revenue surprises of 51.52% and 0.24%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Astec Reports Third Quarter 2021 Results

Third Quarter 2021 Highlights (all comparisons are made to the prior year third quarter):

1 month ago - GlobeNewsWire

Astec Industries (ASTE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Astec Industries (ASTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Astec Industries, Inc. (Nasdaq: ASTE) Announces the Company's Third Quarter Conference Call November 3, 2021 at 8:30 ...

CHATTANOOGA, Tenn., Oct. 14, 2021 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's Third Quarter financial results.

1 month ago - GlobeNewsWire

Astec (ASTE) & CarbonCure Tie Up to Lower Carbon Emissions

Astec's (ASTEC) latest deal will enable it to support the deployment of CarbonCure's technology while being focused on reducing CO2 emissions in the construction environment.

2 months ago - Zacks Investment Research

Astec Inks Strategic Partnership With Carboncure Technologies

Astec Industries, Inc. (NASDAQ: ASTE) entered a strategic partnership with CarbonCure Technologies to strengthen its commitment to sustainability under its OneASTEC business model. CarbonCure Technologi...

2 months ago - Benzinga

ASTEC Offers Sustainability Solution For Concrete Production Via Strategic Partnership with CarbonCure Technologies

The agreement grants ASTEC exclusive rights in the U.S. and Canada as CarbonCure's ready mix channel partner, deploying the award-winning technology that creates high-performing, low-carbon concrete The...

2 months ago - GlobeNewsWire

Astec Industries (ASTE) Up 0.7% Since Last Earnings Report: Can It Continue?

Astec Industries (ASTE) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Astec (ASTE) Q2 Earnings In Line, Revenues Miss Estimates

Astec (ASTE) Q2 earnings were down year over year on higher costs. While demand for its products remain high; inflated costs, particularly steel, is anticipated to hurt its margins in 2021

4 months ago - Zacks Investment Research

Astec Industries (ASTE) Matches Q2 Earnings Estimates

Astec Industries (ASTE) delivered earnings and revenue surprises of 0.00% and -10.49%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Recap: Astec Industries Q2 Earnings

Shares of Astec Industries (NASDAQ:ASTE) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share decreased 26.87% year over year to $0.49, which missed the estima...

4 months ago - Benzinga

Astec Reports Second Quarter 2021 Results

Second Quarter 2021 Highlights (all comparisons are made to the prior year second quarter):

4 months ago - GlobeNewsWire

Earnings Preview: Astec Industries (ASTE) Q2 Earnings Expected to Decline

Astec Industries (ASTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Astec Industries, Inc. (Nasdaq: ASTE) Announces the Company's Second Quarter Conference Call August 4, 2021 at 8:30 A...

CHATTANOOGA, Tenn., July 15, 2021 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's Second Quarter financial results.

4 months ago - GlobeNewsWire

New Strong Sell Stocks for June 21st

ASTE, CMTL, EBMT, MRNS and WRE have been added to the Zacks Rank #5 (Strong Sell) List on June 21, 2021.

Other symbols:CMTLEBMTMRNSWRE
5 months ago - Zacks Investment Research

Astec (ASTE) Bets on Improving Demand Amid High Input Costs

Astec (ASTE) will gain from higher backlog, recent acquisitions and launch of new products. However, higher steel prices remain a woe.

5 months ago - Zacks Investment Research

Astec Industries (ASTE) Up 1.4% Since Last Earnings Report: Can It Continue?

Astec Industries (ASTE) reported earnings 30 days ago. What's next for the stock?

6 months ago - Zacks Investment Research

Astec to participate in Stifel 2021 Virtual Cross Sector Insight Conference

CHATTANOOGA, Tenn., May 27, 2021 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Stifel 2021 Virtual Cross Sector Insight Conference on Thursday, Jun...

6 months ago - GlobeNewsWire

Astec Launches a Rebrand to Simplify the Business

The rebrand unites its subsidiary companies under the ASTEC name The rebrand unites its subsidiary companies under the ASTEC name

6 months ago - GlobeNewsWire

Astec (ASTE) Q1 Earnings & Revenues Miss Estimates, Down Y/Y

Astec (ASTE) first-quarter earnings were down year over year due to unfavorable product mix in Infrastructure Solutions and under absorption in Materials Solutions.

7 months ago - Zacks Investment Research

Astec Industries (ASTE) Lags Q1 Earnings and Revenue Estimates

Astec Industries (ASTE) delivered earnings and revenue surprises of -52.33% and -9.67%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Recap: Astec Industries Q1 Earnings

Shares of Astec Industries (NASDAQ:ASTE) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share decreased 59.00% year over year to $0.41, which missed the estimate of...

7 months ago - Benzinga