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Astec (ASTE)
NASDAQ:ASTE
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ASTE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.46 - $46.68
Previous Close$30.67
Volume8.53K
Average Volume (3M)146.62K
Market Cap
$686.13M
Enterprise Value$637.26M
Total Cash (Recent Filing)$68.40M
Total Debt (Recent Filing)$14.80M
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Oct 30, 2024EPS Estimate
$0.31Last Dividend Ex-Date
Aug 12, 2024Dividend Yield1.72%
Share Statistics
EPS (TTM)-0.10
Shares Outstanding22,800,581
10 Day Avg. Volume125,780
30 Day Avg. Volume146,622
Standard Deviation0.13
R-Squared0.25
Alpha-0.00603
Financial Highlights & Ratios
Price to Book (P/B)1.10
Price to Sales (P/S)0.53
Price to Cash Flow (P/CF)15.90
P/FCF Ratio52.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.49
Enterprise Value/Gross Profit1.93
Enterprise Value/Ebitda18.00
Forecast
1Y Price Target
$36.00Price Target Upside18.19% Upside
Rating ConsensusHold
Number of Analyst Covering1
Astec News
PremiumCompany Announcements
Astec Industries Names Brian Harris as New CFO
PremiumCompany Announcements
Astec Announces CFO Transition and Interim AppointmentBulls Say, Bears Say
Bulls Say
Financial PerformanceSales of $345.5 million exceeded the consensus of $332.1 million, indicating strong financial performance.
International GrowthThere is strong international activity in markets like Mexico, Europe, and Africa, showcasing promising growth opportunities abroad.
Market DemandManagement highlighted a robust infrastructure construction market with healthy demand for asphalt and concrete plants, anticipating continued strength.
Bears Say
Backlog And MarginsBacklog $531.1 million, down 5.1% sequentially (seventh consecutive quarter of sequential decline).
Financial PerformanceAdjusted EPS of $0.61 compares to consensus of $0.70.
Market DemandHigher interest rates continue to impact demand from dealers and contractors in the segment.
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Ownership Overview
1.30% Insiders
38.66% Mutual Funds
0.08% Other Institutional Investors
26.09% 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 $46.68 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 Oct 30, 2024 which is in 20 days.
How were Astec’s earnings last quarter?
Astec released its earnings results on Aug 07, 2024. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.695 by -$0.085.
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 1.72%. See more information on Astec dividends here
What is Astec’s EPS estimate?
Astec’s EPS estimate is $0.31.
How many shares outstanding does Astec have?
Astec has 22,800,581 shares outstanding.
What happened to Astec’s price movement after its last earnings report?
Astec reported an EPS of $0.61 in its last earnings report, missing expectations of $0.695. Following the earnings report the stock price went down -0.321%.
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 37M.
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Astec Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$36.00 (18.19% Upside)
$36.00 (18.19% Upside)
Blogger Sentiment
Neutral
ASTE Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 224.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.11%
12-Months-Change
Fundamentals
Return on Equity
-0.36%
Trailing 12-Months
Asset Growth
9.56%
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
Q2 2024
0:00 / 0:00
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ASTE Stock 12 Month Forecast
Average Price Target
$36.00
▲(18.19% Upside)
Technical Analysis
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