Astec Industries (ASTE)
(Real Time Quote from BATS)
$43.55 USD
+0.45 (1.04%)
Updated Apr 24, 2024 03:12 PM ET
3-Hold of 5 3
B Value A Growth A Momentum A VGM
Company Summary
Chattanooga, TN-based Astec Industries Inc. is a leading manufacturer and marketer of road building equipment. The company sells equipment used in each phase of road building, from quarrying and crushing the aggregate to applying the asphalt.
The company also manufactures equipment for the mining, quarrying, construction and demolition industries and port and rail yard operators. It also manufactures industrial heat transfer equipment; commercial whole-tree pulpwood chippers; horizontal grinders; blower trucks; concrete plants; commercial and industrial burners; and combustion control systems. The company comprises a total 33 companies, of which 25 represent manufacturing sites ...
Company Summary
Chattanooga, TN-based Astec Industries Inc. is a leading manufacturer and marketer of road building equipment. The company sells equipment used in each phase of road building, from quarrying and crushing the aggregate to applying the asphalt.
The company also manufactures equipment for the mining, quarrying, construction and demolition industries and port and rail yard operators. It also manufactures industrial heat transfer equipment; commercial whole-tree pulpwood chippers; horizontal grinders; blower trucks; concrete plants; commercial and industrial burners; and combustion control systems. The company comprises a total 33 companies, of which 25 represent manufacturing sites and sites that operate as sales offices.
Astec has two segments —
Infrastructure Solutions (approximately 66% of the revenues in 2023) - The segment’s products include road building, asphalt and concrete plant equipment, thermal and storage solutions as well as wood grinding equipment. The purchasers of the segment’s products are asphalt producers, highway and heavy equipment contractors, foreign and domestic governmental agencies, processors of oil, gas and biomass for energy production, ready mix concrete producers and contractors in the construction and demolition recycling markets.
Materials Solutions (approximately 34% of the 2023 revenues) - Its products include crushing and screening, washing and classifying, plants and systems and material handling equipment. The purchasers of the segment’s products are distributors, open mine operators, quarry operators, port and inland terminal operators, highway and heavy equipment contractors, and foreign and domestic governmental agencies.
Astec holds a dominant position in attractive niche markets in industries that are expected to benefit from long-term secular trends including population growth, urbanization and aging infrastructure. It also boasts industry-leading reputation for innovation, high-quality products and superior customer service. The company remains focused on strategic transformation with Simplify, Focus, and Grow pillars.
General Information
Astec Industries, Inc
1725 SHEPHERD ROAD
CHATTANOOGA, TN 37421
Phone: 423-899-5898
Fax: 423-899-4456
Web: http://www.astecindustries.com
Email: investorrelations@astecindustries.com
| Industry | Manufacturing - Construction and Mining |
| Sector | Industrial Products |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Earnings Date | 5/1/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.87 |
| Current Year EPS Consensus Estimate | 2.90 |
| Estimated Long-Term EPS Growth Rate | NA |
| Earnings Date | 5/1/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 43.10 |
| 52 Week High | 56.33 |
| 52 Week Low | 28.97 |
| Beta | 1.38 |
| 20 Day Moving Average | 101,905.40 |
| Target Price Consensus | 42.00 |
| 4 Week | 1.96 |
| 12 Week | 20.12 |
| YTD | 15.86 |
| 4 Week | 5.33 |
| 12 Week | 15.42 |
| YTD | 9.88 |
| Shares Outstanding (millions) | 22.74 |
| Market Capitalization (millions) | 980.24 |
| Short Ratio | NA |
| Last Split Date | 1/19/1999 |
| Dividend Yield | 1.21% |
| Annual Dividend | $0.52 |
| Payout Ratio | 0.20 |
| Change in Payout Ratio | -0.08 |
| Last Dividend Payout / Amount | 3/8/2024 / $0.13 |
Fundamental Ratios
| P/E (F1) | 14.86 |
| Trailing 12 Months | 16.20 |
| PEG Ratio | NA |
| vs. Previous Year | 164.71% |
| vs. Previous Quarter | 9,100.00% |
| vs. Previous Year | -3.63% |
| vs. Previous Quarter | 11.25% |
| Price/Book | 1.50 |
| Price/Cash Flow | 11.30 |
| Price / Sales | 0.73 |
| 3/31/24 | NA |
| 12/31/23 | 9.46 |
| 9/30/23 | 7.54 |
| 3/31/24 | NA |
| 12/31/23 | 5.86 |
| 9/30/23 | 4.67 |
| 3/31/24 | NA |
| 12/31/23 | 2.41 |
| 9/30/23 | 2.64 |
| 3/31/24 | NA |
| 12/31/23 | 0.88 |
| 9/30/23 | 1.05 |
| 3/31/24 | NA |
| 12/31/23 | 4.54 |
| 9/30/23 | 3.55 |
| 3/31/24 | NA |
| 12/31/23 | 2.50 |
| 9/30/23 | 1.30 |
| 3/31/24 | NA |
| 12/31/23 | 3.20 |
| 9/30/23 | 2.09 |
| 3/31/24 | NA |
| 12/31/23 | 28.75 |
| 9/30/23 | 27.92 |
| 3/31/24 | NA |
| 12/31/23 | 2.30 |
| 9/30/23 | 2.45 |
| 3/31/24 | NA |
| 12/31/23 | 0.11 |
| 9/30/23 | 0.19 |
| 3/31/24 | NA |
| 12/31/23 | 9.92 |
| 9/30/23 | 16.12 |