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Astec (ASTE)
NASDAQ:ASTE
Astec (ASTE) Stock Price & Analysis
158 Followers
ASTE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.46 - $55.71
Previous Close$33.27
Volume45.32K
Average Volume (3M)181.62K
Market Cap
$770.15M
Enterprise Value$771.90M
Total Cash (Recent Filing)$68.90M
Total Debt (Recent Filing)$83.10M
Price to Earnings (P/E)30.6
Beta1.26
Next Earnings
Aug 07, 2024EPS Estimate
$0.7Last Dividend Ex-Date
May 10, 2024Dividend Yield1.56%
Share Statistics
EPS (TTM)1.09
Shares Outstanding22,765,328
10 Day Avg. Volume183,508
30 Day Avg. Volume181,620
Standard Deviation0.13
R-Squared0.28
Alpha-0.00533
Financial Highlights & Ratios
Price to Book (P/B)1.16
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)3.70
P/FCF Ratio4.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.58
Enterprise Value/Gross Profit2.33
Enterprise Value/Ebitda9.96
Forecast
1Y Price Target
$38.50Price Target Upside13.80% Upside
Rating ConsensusHold
Number of Analyst Covering2
Astec News
PremiumPress Releases
Astec Announces Quarterly Dividend
PremiumCompany Announcements
Astec Announces CFO Transition and Interim AppointmentBulls Say, Bears Say
Bulls Say
Financial PerformanceASTE believes they will finish the year with gross margins towards the higher end of the 24-25.5% range in 2024.
Industry DemandASTE highlighted expected strength in asphalt and concrete plants for the remainder of 2024.
Market StrengthASTE highlighted expected strength in asphalt and concrete plants for the remainder of 2024.
Bears Say
Financial PerformanceAdjusted EPS of $0.34 fell well short of consensus of $0.81 and analyst's $0.80 estimate.
Operational RiskThe upcoming ERP rollout adds another potential risk while backlog pressures should impact production.
Supply Chain IssuesNet sales decreased 11.1% y/y to $309.2M from $347.9M a year ago.
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Ownership Overview
23.83% Insiders
41.99% Mutual Funds
33.82% Other Institutional Investors
0.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ASTE FAQ
What was Astec’s price range in the past 12 months?
Astec lowest stock price was $28.46 and its highest was $55.71 in the past 12 months.
What is Astec’s market cap?
Currently, no data Available
When is Astec’s upcoming earnings report date?
Astec’s upcoming earnings report date is Aug 07, 2024 which is in 16 days.
How were Astec’s earnings last quarter?
Astec released its earnings results on May 01, 2024. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.807 by -$0.467.
Is Astec overvalued?
According to Wall Street analysts Astec’s price is currently Undervalued.
Does Astec pay dividends?
Astec pays a Quarterly dividend of $0.13 which represents an annual dividend yield of 1.56%. See more information on Astec dividends here
What is Astec’s EPS estimate?
Astec’s EPS estimate is $0.7.
How many shares outstanding does Astec have?
Astec has 22,765,327 shares outstanding.
What happened to Astec’s price movement after its last earnings report?
Astec reported an EPS of $0.34 in its last earnings report, missing expectations of $0.807. Following the earnings report the stock price went down -19.212%.
Which hedge fund is a major shareholder of Astec?
Among the largest hedge funds holding Astec’s share is Gamco Investors, Inc. ET AL. It holds Astec’s shares valued at 49M.
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Astec Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$38.50 (13.80% Upside)
$38.50 (13.80% Upside)
Blogger Sentiment
Bullish
ASTE Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 22.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $100.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.74%
12-Months-Change
Fundamentals
Return on Equity
3.86%
Trailing 12-Months
Asset Growth
11.36%
Trailing 12-Months
Company Description
Astec
Astec Industries, Inc. designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities as well as other products. It operates through the following segments: Infrastructure Group; Aggregate and Mining Group; Energy Group; and Corporate. The Infrastructure Group segment designs, engineers, manufactures, and markets a line of asphalt plants and their related components, asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers and related ancillary equipment. The Aggregate and Mining Group segment focuses on designing and manufacturing heavy processing equipment, as well as servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. The Energy Group segment supplies heavy equipment such as heaters, drilling rigs, concrete plants, wood chippers and grinders, pump trailers, storage equipment and related parts to the oil and gas, construction, and water well industries, as well as commercial and industrial burners used in commercial, industrial and process heating applications. The company was founded by J. Don Brock on August 9, 1972 and is headquartered in Chattanooga, TN.
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ASTE Company Deck
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ASTE Earnings Call
Q1 2024
0:00 / 0:00
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ASTE Stock 12 Month Forecast
Average Price Target
$38.50
▲(13.80% Upside)
Technical Analysis
Best Analysts Covering ASTE
1 Year
1 Year Success Rate
0/2 ratings generated profit
1 Year Average Return
-37.90%
reiterated a buy rating 12 months ago
Copying Steve Ferazani's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -37.90% per trade.
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