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ASTE

ASTE - Astec Industries Inc Stock Price, Fair Value and News

33.49USD-0.06 (-0.18%)Market Closed

Market Summary

ASTE
USD33.49-0.06
Market Closed
-0.18%

ASTE Alerts

  • 1 major insider buys recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

ASTE Stock Price

View Fullscreen

ASTE RSI Chart

ASTE Valuation

Market Cap

762.4M

Price/Earnings (Trailing)

30.68

Price/Sales (Trailing)

0.59

EV/EBITDA

10.63

Price/Free Cashflow

-23.9

ASTE Price/Sales (Trailing)

ASTE Profitability

EBT Margin

2.39%

Return on Equity

3.82%

Return on Assets

2.21%

Free Cashflow Yield

-4.18%

ASTE Fundamentals

ASTE Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-11.12%

Rev. Growth (Qtr)

-8.3%

ASTE Earnings

Earnings (TTM)

24.9M

Earnings Growth (Yr)

-71.9%

Earnings Growth (Qtr)

-77.1%

Breaking Down ASTE Revenue

Last 7 days

-3.8%

Last 30 days

-19.7%

Last 90 days

-6.2%

Trailing 12 Months

-15.1%

How does ASTE drawdown profile look like?

ASTE Financial Health

Current Ratio

2.51

Debt/Equity

0

ASTE Investor Care

Dividend Yield

1.55%

Dividend/Share (TTM)

0.52

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.3B000
20231.3B1.4B1.4B1.3B
20221.1B1.1B1.2B1.3B
20211.0B1.0B1.1B1.1B
20201.1B1.1B1.1B1.0B
20191.2B1.2B1.2B1.2B
20181.2B1.2B1.2B1.2B
20171.2B1.2B1.2B1.2B
2016973.1M999.5M1.0B1.1B
20151.0B1.0B1.0B983.2M
2014923.8M953.0M959.9M975.6M
2013932.1M942.0M936.8M933.0M
2012930.4M920.9M924.7M936.3M
2011773.8M812.3M849.1M908.6M
2010726.2M746.6M758.4M737.1M
20090895.2M816.6M738.1M
2008000973.7M
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Tracking the Latest Insider Buys and Sells of Astec Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 08, 2024
norris michael paul
bought
33,460
33.46
1,000
group president
Apr 30, 2024
norris michael paul
sold (taxes)
-6,094
42.92
-142
group president
Apr 30, 2024
merwe jaco van der
sold (taxes)
-17,854
42.92
-416
chief executive officer
Apr 26, 2024
howell mary l
acquired
-
-
2,943
-
Apr 26, 2024
gliebe mark joseph
acquired
-
-
2,943
-
Apr 26, 2024
winford james murphy jr
acquired
-
-
2,943
-
Apr 26, 2024
gehl william d
acquired
-
-
2,943
-
Apr 26, 2024
shannon patrick s
acquired
-
-
2,943
-
Apr 26, 2024
knoll linda i.
acquired
-
-
2,943
-
Apr 26, 2024
jain nalin
acquired
-
-
2,943
-

1–10 of 50

Which funds bought or sold ASTE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-9.51
56,518
949,206
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-10.31
40,195
786,911
-%
May 16, 2024
COMERICA BANK
reduced
-9.42
24,882
411,836
-%
May 15, 2024
JACOBS LEVY EQUITY MANAGEMENT, INC
added
4.99
1,192,710
6,298,520
0.03%
May 15, 2024
SG Capital Management LLC
added
100
5,281,460
9,165,330
3.00%
May 15, 2024
DEUTSCHE BANK AG\
reduced
-92.53
-5,345,060
514,466
-%
May 15, 2024
Engineers Gate Manager LP
new
-
371,797
371,797
0.01%
May 15, 2024
TWO SIGMA ADVISERS, LP
sold off
-100
-305,747
-
-%
May 15, 2024
BARCLAYS PLC
reduced
-34.71
-401,000
1,319,000
-%
May 15, 2024
CAXTON ASSOCIATES LP
new
-
250,327
250,327
0.01%

1–10 of 48

Are Funds Buying or Selling ASTE?

Are funds buying ASTE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ASTE
No. of Funds

Unveiling Astec Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.44%
2,601,190
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.7%
1,531,823
SC 13G/A
Feb 06, 2024
victory capital management inc
8.51%
1,934,970
SC 13G/A
Jan 19, 2024
blackrock inc.
18.7%
4,246,186
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.4%
1,451,252
SC 13G/A
Feb 09, 2023
vanguard group inc
11.20%
2,543,674
SC 13G/A
Jan 31, 2023
victory capital management inc
7.82%
1,777,218
SC 13G
Jan 26, 2023
blackrock inc.
18.9%
4,293,372
SC 13G/A
Jan 20, 2023
blackrock inc.
18.9%
4,293,372
SC 13G
Feb 09, 2022
vanguard group inc
10.29%
2,341,545
SC 13G/A

Recent SEC filings of Astec Industries Inc

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 01, 2024
8-K
Current Report
Apr 30, 2024
8-K
Current Report
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading

Peers (Alternatives to Astec Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
176.0B
67.0B
-0.57% 65.92%
15.65
2.63
8.59% 58.17%
175.0B
69.5B
2.71% 53.73%
49.85
2.52
16.04% -60.91%
39.1B
34.0B
-1.97% 33.06%
18.95
1.15
12.85% -19.64%
38.6B
6.7B
-6.32% 12.86%
29.28
5.73
7.11% 10.53%
12.2B
15.3B
-3.16% 12.28%
-885.03
0.79
13.36% -103.70%
MID-CAP
9.8B
6.9B
-3.29% 52.06%
57.15
1.42
3.19% 62.26%
6.6B
15.5B
-3.16% 34.99%
21.56
0.42
7.53% 3145.00%
6.5B
4.4B
8.65% 40.81%
27.89
1.48
17.31% 1.26%
4.2B
2.4B
12.71% 24.81%
29.5
1.79
4.48% -49.27%
2.3B
1.7B
-5.99% 7.81%
17.35
1.37
8.96% 15.52%
SMALL-CAP
1.4B
1.4B
46.91% -37.28%
24.47
1.02
-13.54% -25.70%
872.9M
573.3M
9.79% 57.95%
26.98
1.52
26.00% -2.24%
732.5M
35.8M
-15.62% -26.90%
-0.78
20.44
-27.93% -18.06%
430.6M
135.4M
17.93% 212.03%
-26.25
3.18
-25.90% 65.37%
247.8M
100.1M
1.25% 441.48%
-30.37
2.47
2.80% 39.07%

Astec Industries Inc News

Latest updates
Defense World • 13 hours ago
Yahoo New Zealand News • 17 May 2024 • 07:00 am
MarketBeat • 16 May 2024 • 11:54 pm
Defense World • 06 May 2024 • 07:46 am
Seeking Alpha • 02 May 2024 • 01:53 pm
Simply Wall St • 25 Apr 2024 • 07:00 am
CNN • 26 Mar 2024 • 08:53 am

Astec Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-8.3%309337303350348350315318291267267278284239231265289283256305326
Gross Profit-13.7%77.0089.0070.0083.0089.0071.0066.0063.0065.0053.0062.0066.0068.0057.0050.0060.0073.0027.0052.0083.0077.00
Operating Expenses--------------------53.0058.00
  S&GA Expenses2.4%71.0070.0074.0065.0068.0063.0064.0061.0060.0079.0049.0048.0052.0037.0043.0037.0050.0025.0048.0053.0058.00
  R&D Expenses------9.009.008.007.007.007.007.006.005.006.005.007.00----
EBITDA Margin-11.5%0.05*0.06*0.05*0.05*0.04*0.03*0.02*0.02*0.04*0.04*0.07*0.07*---------
Interest Expenses8.0%3.003.002.002.002.001.001.001.000.001.000.000.000.001.00-0.00-0.000.000.001.00
Income Taxes-46.2%1.003.00-0.603.004.004.001.00-0.801.00-2.10-2.902.001.003.00-1.202.00-5.10-8.421.007.004.00
Earnings Before Taxes-73.1%5.0018.00-7.1016.0017.003.001.00-4.705.00-12.006.0010.009.0018.000.0011.0015.00-26.754.0030.0018.00
EBT Margin-25.4%0.02*0.03*0.02*0.03*0.01*0.00*-0.01*0.00*0.01*0.01*0.04*0.04*---------
Net Income-77.1%3.0015.00-6.6013.0012.00-1.001.00-3.904.00-10.009.008.009.0015.002.009.0020.00-18.403.0023.0014.00
Net Income Margin-23.7%0.02*0.03*0.01*0.02*0.01*0.00*-0.01*0.00*0.01*0.01*0.04*0.03*---------
Free Cashflow-240.8%-52.8038.00-24.208.00-27.20-30.20-23.70-39.50-21.20-29.10-6.9012.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets6.0%1,1231,0591,0741,0101,0081,014945950943906911902868847820794805801816849872
  Current Assets8.2%779720746676680696650662676636645635592566533530534506530558576
    Cash Equivalents-8.1%58.0063.0074.0045.0043.0066.0021.0051.0011213416517516515910912044.0049.0026.0025.0029.00
  Inventory6.2%484456450430420393396371353299283258244250261263295295357361367
  Net PPE-1.4%185188181180177174164162164172168170170173183178185190191192192
  Goodwill-1.1%46.0046.0045.0046.0046.0045.0044.0046.009.0039.0039.0039.0039.0039.0036.0031.0031.0033.0032.0033.0033.00
Liabilities16.5%473406440363373388317306286255248243221205196172192198198228273
  Current Liabilities3.8%310299282264272274284273257223212208185170161144169173173174191
  Short Term Borrowings-12.7%10.0011.007.0012.0011.009.009.006.005.003.001.001.001.001.000.001.001.001.00---
  Long Term Debt-98.2%1.0072.002.002.002.0078.003.003.001.000.001.001.000.000.000.000.000.001.001.0029.0057.00
    LT Debt, Current-100.0%-0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
    LT Debt, Non Current-100.0%-72.002.002.002.0078.003.003.001.000.001.001.000.000.000.000.000.001.001.0029.0057.00
Shareholder's Equity-0.4%651653635648636627628644657651660657645642623622613602618621599
  Retained Earnings0.1%550549538547537528536544551549565558551545---508---
  Additional Paid-In Capital0.7%139138138136135136134133131131129128126128---123---
Accumulated Depreciation1.0%251248243239236234239238247248249245241238-------
Shares Outstanding0.1%23.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.00---------
Minority Interest-33.3%0.000.000.000.000.00-0.001.001.001.000.001.000.001.000.000.000.001.001.001.001.00
Float----717---683-------1,000---730-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-200.9%-47,00046,600-16,30016,700-19,200-17,100-14,900-32,300-9,600-19,900-3,20015,90014,60039,40017,20079,5005,40028,42541,30430,88411,987
  Share Based Compensation100.0%1,2006001,3001,4008001,4002,0001,6001,8001,4001,7001,5001,4003001,8001,9001,1004823797011,038
Cashflow From Investing34.4%-5,900-9,000-6,500-9,20011,800-8,200-8,100-25,200-11,700-9,200-2,400-3,800-3,00010,900-26,200-1,500-4,100-5,351-8,161-4,314-3,774
Cashflow From Financing198.6%48,400-49,10052,800-5,800-16,20068,500-4,700-1,400-2,300-700-3,300-2,500-5,600-2,100-2,600-2,000-3,700-1,394-30,798-30,320-5,588
  Dividend Payments0%2,9002,9003,0003,0002,9002,9002,8002,7002,8002,7002,5002,5002,5002,5002,5002,5002,5002,5642,4802,4782,478
  Buy Backs------4,0006,100--------------
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ASTE Income Statement

2024-03-31
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 309.2$ 347.9
Cost of sales232.3258.7
Gross profit76.989.2
Selling, general and administrative expenses71.467.9
Restructuring and other asset (gains) charges, net(0.8)3.7
Income from operations6.317.6
Other expenses, net:  
Interest expense(2.7)(2.0)
Interest income0.60.5
Other income, net0.50.4
Income before income taxes4.716.5
Income tax provision1.44.4
Net income3.312.1
Net loss attributable to noncontrolling interest0.10.0
Net income attributable to controlling interest$ 3.4$ 12.1
Per share data:  
Earnings per common share - Basic (in dollars per share)$ 0.15$ 0.53
Earnings per common share - Diluted (in dollars per share)$ 0.15$ 0.53
Weighted average shares outstanding - Basic22,762,09822,655,821
Weighted average shares outstanding - Diluted22,834,81422,742,937

ASTE Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash, cash equivalents and restricted cash$ 58.1$ 63.2
Investments5.75.7
Trade receivables, contract assets and other receivables, net of allowance for credit losses of $3.8 and $4.0, respectively192.0152.7
Inventories484.0455.6
Prepaid and refundable income taxes11.514.6
Prepaid expenses and other assets27.527.7
Total current assets778.8719.5
Property and equipment, net of accumulated depreciation of $250.7 and $248.1, respectively185.0187.6
Investments16.813.8
Goodwill45.846.3
Intangible assets, net of accumulated amortization of $52.3 and $51.3, respectively15.016.4
Deferred income tax assets39.737.5
Other long-term assets41.938.2
Total assets1,123.01,059.3
Current liabilities:  
Current maturities of long-term debt0.00.1
Short-term debt9.611.0
Accounts payable117.8116.9
Customer deposits80.070.2
Accrued product warranty16.216.5
Accrued employee related liabilities36.144.1
Accrued loss reserves1.92.7
Other current liabilities48.837.5
Total current liabilities310.4299.0
Long-term debt125.072.0
Deferred income tax liabilities1.31.1
Other long-term liabilities35.833.5
Total liabilities472.5405.6
Commitments and contingencies (Note 7)
Shareholders' equity:  
Preferred stock – authorized 2,000,000 shares of $1.00 par value; none issued0.00.0
Common stock – authorized 40,000,000 shares of $0.20 par value; issued and outstanding – 22,764,963 as of March 31, 2024 and 22,740,635 as of December 31, 20234.54.5
Additional paid-in capital139.3138.4
Accumulated other comprehensive loss(42.5)(38.1)
Company stock held by deferred compensation programs, at cost(0.8)(0.8)
Retained earnings549.8549.4
Shareholders' equity650.3653.4
Noncontrolling interest0.20.3
Total equity650.5653.7
Total liabilities and equity$ 1,123.0$ 1,059.3
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 plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.
 CEO
 WEBSITEastecindustries.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES4291

Astec Industries Inc Frequently Asked Questions


What is the ticker symbol for Astec Industries Inc? What does ASTE stand for in stocks?

ASTE is the stock ticker symbol of Astec Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Astec Industries Inc (ASTE)?

As of Fri May 17 2024, market cap of Astec Industries Inc is 762.41 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASTE stock?

You can check ASTE's fair value in chart for subscribers.

What is the fair value of ASTE stock?

You can check ASTE's fair value in chart for subscribers. The fair value of Astec Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Astec Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASTE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Astec Industries Inc a good stock to buy?

The fair value guage provides a quick view whether ASTE is over valued or under valued. Whether Astec Industries Inc is cheap or expensive depends on the assumptions which impact Astec Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASTE.

What is Astec Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ASTE's PE ratio (Price to Earnings) is 30.68 and Price to Sales (PS) ratio is 0.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASTE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Astec Industries Inc's stock?

In the past 10 years, Astec Industries Inc has provided -0.006 (multiply by 100 for percentage) rate of return.