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ASTE

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

43.03USD+0.92 (+2.18%)Delayed as of 27 Mar 2024, 10:53 am ET

Market Summary

ASTE
USD43.03+0.92
Delayedas of 27 Mar 2024, 10:53 am
2.18%

ASTE Alerts

  • Big jump in Earnings (Y/Y)

ASTE Stock Price

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ASTE RSI Chart

ASTE Valuation

Market Cap

957.7M

Price/Earnings (Trailing)

28.55

Price/Sales (Trailing)

0.72

EV/EBITDA

12.5

Price/Free Cashflow

-152.02

ASTE Price/Sales (Trailing)

ASTE Profitability

EBT Margin

3.20%

Return on Equity

5.13%

Return on Assets

3.17%

Free Cashflow Yield

-0.66%

ASTE Fundamentals

ASTE Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-3.63%

Rev. Growth (Qtr)

11.25%

ASTE Earnings

Earnings (TTM)

33.5M

Earnings Growth (Yr)

1.6K%

Earnings Growth (Qtr)

325%

Breaking Down ASTE Revenue

52 Week Range

36.6156.33
(Low)(High)

Last 7 days

3.3%

Last 30 days

17.7%

Last 90 days

12%

Trailing 12 Months

-4.1%

How does ASTE drawdown profile look like?

ASTE Financial Health

Current Ratio

2.41

Debt/Equity

0.11

Debt/Cashflow

0.39

ASTE Investor Care

Dividend Yield

1.23%

Dividend/Share (TTM)

0.52

Shares Dilution (1Y)

0.42%

Diluted EPS (TTM)

1.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Astec Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 28, 2024
weyenberg rebecca a
sold (taxes)
-21,507
36.33
-592
chief financial officer
Feb 28, 2024
norris michael paul
sold (taxes)
-10,753
36.33
-296
group president
Feb 28, 2024
merwe jaco van der
sold (taxes)
-23,178
36.33
-638
chief executive officer
Feb 27, 2024
weyenberg rebecca a
sold (taxes)
-25,933
35.38
-733
chief financial officer
Feb 27, 2024
snyman barend
sold (taxes)
-8,314
35.38
-235
group president
Feb 27, 2024
merwe jaco van der
sold (taxes)
-66,726
35.38
-1,886
chief executive officer
Feb 27, 2024
norris michael paul
sold (taxes)
-13,833
35.38
-391
group president
Feb 26, 2024
shannon patrick s
acquired
-
-
839
-
Feb 26, 2024
palm jamie e
acquired
-
-
2,246
vp, cao & corporate controller
Feb 26, 2024
merwe jaco van der
acquired
-
-
30,523
chief executive officer

1–10 of 50

Which funds bought or sold ASTE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-8.61
-18,875
48,945
-%
Mar 11, 2024
VANGUARD GROUP INC
added
0.19
-25,540,500
96,764,300
-%
Mar 08, 2024
TRUST CO OF VERMONT
sold off
-100
-1,319
-
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
38.5
379,060
4,426,280
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.83
-127,515
460,276
-%
Feb 26, 2024
Virtu Financial LLC
sold off
-100
-256,000
-
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-73,000
275,000
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
2.7
-143,000
612,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
0.29
-122,731
467,269
-%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-49.21
-1,115,210
746,716
-%

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
Mar 12, 2024
3
Insider Trading
Mar 12, 2024
DEF 14A
DEF 14A
Mar 07, 2024
8-K
Current Report
Feb 29, 2024
ARS
ARS
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
10-K
Annual Report
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading

What is the Fair Value of ASTE?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Astec Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
188.9B
68.0B
17.42% 85.59%
19.92
2.78
16.96% 2688.24%
182.0B
67.1B
11.25% 52.84%
17.61
2.71
12.84% 54.12%
42.0B
6.6B
5.33% 35.68%
31.96
6.36
7.26% 13.25%
41.4B
34.1B
8.95% 28.92%
49.28
1.22
21.34% -61.52%
13.2B
14.9B
9.44% 8.69%
213.11
0.88
12.31% -81.65%
MID-CAP
9.4B
6.9B
11.40% 76.40%
61.25
1.35
5.64% 109.59%
7.0B
15.5B
-2.21% 41.15%
50.46
0.45
12.59% -4.48%
6.0B
4.3B
6.34% 37.26%
32.06
1.39
19.51% -1.03%
4.1B
2.3B
2.01% 40.67%
25.86
1.78
2.90% -35.23%
2.7B
1.7B
-1.37% 17.92%
19.49
1.57
11.63% 33.59%
SMALL-CAP
1.1B
35.8M
-10.81% -61.18%
-1.12
30.19
-27.93% -23.21%
1.0B
1.4B
-14.14% -53.85%
16.43
0.75
-24.65% -34.19%
664.4M
527.6M
8.25% 16.85%
19.56
1.26
14.23% 56.70%
400.5M
135.4M
-8.75% 205.15%
-24.42
2.96
-25.90% 65.37%
207.4M
99.2M
76.27% 123.72%
-16.93
2.09
-3.69% -37.37%

Astec Industries Inc News

Latest updates
Defense World • 29 hours ago
CNN • 30 hours ago
Yahoo Finance • 20 Mar 2024 • 01:50 pm
Defense World • 12 Mar 2024 • 08:44 am
Zacks Investment Research • 04 Mar 2024 • 08:00 am
Yahoo Finance • 04 Mar 2024 • 08:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue11.3%337303350348350315318291267267278284239231265289283256305326317
Gross Profit28.0%89.0070.0083.0089.0071.0066.0063.0065.0053.0062.0066.0068.0057.0050.0060.0073.0027.0052.0083.0077.00-1.60
Operating Expenses-------------------53.0058.0026.00
  S&GA Expenses-6.2%70.0074.0065.0068.0063.0064.0061.0060.0079.0049.0048.0052.0037.0043.0037.0050.0025.0048.0053.0058.00-
  R&D Expenses-----9.009.008.007.007.007.007.006.005.006.005.007.00-----
EBITDA Margin25.7%0.06*0.05*0.05*0.04*0.03*0.02*0.02*0.04*0.04*0.07*0.07*0.07*---------
Interest Expenses4.2%3.002.002.002.001.001.001.000.001.000.000.000.001.00-0.00-0.000.000.001.001.00
Income Taxes533.3%3.00-0.603.004.004.001.00-0.801.00-2.10-2.902.001.003.00-1.202.00-5.10-8.421.007.004.00-22.90
Earnings Before Taxes346.5%18.00-7.1016.0017.003.001.00-4.705.00-12.006.0010.009.0018.000.0011.0015.00-26.754.0030.0018.00-69.95
EBT Margin53.2%0.03*0.02*0.03*0.01*0.00*-0.01*0.00*0.01*0.01*0.04*0.04*0.04*---------
Net Income325.0%15.00-6.6013.0012.00-1.001.00-3.904.00-10.009.008.009.0015.002.009.0020.00-18.403.0023.0014.00-46.99
Net Income Margin91.4%0.03*0.01*0.02*0.01*0.00*-0.01*0.00*0.01*0.01*0.04*0.03*0.03*---------
Free Cashflow255.0%38.00-24.208.00-27.20-30.20-23.70-39.50-21.20-29.10-6.9012.0011.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.4%1,0591,0741,0101,0081,014945950943906911902868847820794805801816849872856
  Current Assets-3.6%720746676680696650662676636645635592566533530534506530558576561
    Cash Equivalents-14.4%63.0074.0045.0043.0066.0021.0051.0011213416517516515910912044.0049.0026.0025.0029.0026.00
  Inventory1.2%456450430420393396371353299283258244250261263295295357361367356
  Net PPE3.6%188181180177174164162164172168170170173183178185190191192192192
  Goodwill2.2%46.0045.0046.0046.0045.0044.0046.009.0039.0039.0039.0039.0039.0036.0031.0031.0033.0032.0033.0033.0033.00
Liabilities-7.7%406440363373388317306286255248243221205196172192198198228273270
  Current Liabilities6.0%299282264272274284273257223212208185170161144169173173174191189
  Short Term Borrowings59.4%11.007.0012.0011.009.009.006.005.003.001.001.001.001.000.001.001.001.00----
  Long Term Debt2900.0%72.002.002.002.0078.003.003.001.000.001.001.000.000.000.000.000.001.001.0029.0057.0060.00
    LT Debt, Current0%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
    LT Debt, Non Current2900.0%72.002.002.002.0078.003.003.001.000.001.001.000.000.000.000.000.001.001.0029.0057.0060.00
Shareholder's Equity3.0%653635648636627628644657651660657645642623622613602618621599585
  Retained Earnings2.2%549538547537528536544551549565558551545---508---495
  Additional Paid-In Capital0.5%138138136135136134133131131129128126128---123---121
Accumulated Depreciation-100.0%-243239236234239238247248249245241238--------
Shares Outstanding0.0%23.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.00---------
Minority Interest0%0.000.000.000.00-0.001.001.001.000.001.000.001.000.000.000.001.001.001.001.001.00
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations385.9%46,600-16,30016,700-19,200-17,100-14,900-32,300-9,600-19,900-3,20015,90014,60039,40017,20079,5005,40028,42541,30430,88411,987-9,466
  Share Based Compensation-53.8%6001,3001,4008001,4002,0001,6001,8001,4001,7001,5001,4003001,8001,9001,1004823797011,038430
Cashflow From Investing-38.5%-9,000-6,500-9,20011,800-8,200-8,100-25,200-11,700-9,200-2,400-3,800-3,00010,900-26,200-1,500-4,100-5,351-8,161-4,314-3,774-10,295
Cashflow From Financing-193.0%-49,10052,800-5,800-16,20068,500-4,700-1,400-2,300-700-3,300-2,500-5,600-2,100-2,600-2,000-3,700-1,394-30,798-30,320-5,58820,294
  Dividend Payments-3.3%2,9003,0003,0002,9002,9002,8002,7002,8002,7002,5002,5002,5002,5002,5002,5002,5002,5642,4802,4782,4782,451
  Buy Backs-----4,0006,100--------------10,186

ASTE Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 1,338.2$ 1,274.5$ 1,095.5
Cost of sales1,007.41,010.4846.0
Gross profit330.8264.1249.5
Selling, general and administrative expenses276.4247.6227.1
Restructuring, impairment and other asset charges, net5.89.02.5
Income from operations48.67.519.9
Other expenses, net:   
Interest expense(8.9)(2.5)(1.1)
Interest income2.11.00.5
Other income (expenses), net1.0(1.6)(5.5)
Income before income taxes42.84.413.8
Income tax provision (benefit)9.15.0(2.1)
Net income (loss)33.7(0.6)15.9
Net (income) loss attributable to noncontrolling interest(0.2)0.5(0.1)
Net income (loss) attributable to controlling interest$ 33.5$ (0.1)$ 15.8
Per share data:   
Earnings per common share - Basic (in dollars per share)$ 1.47$ 0$ 0.70
Earnings per common share - Diluted (in dollars per share)$ 1.47$ 0$ 0.69
Weighted average shares outstanding - Basic (in shares)22,719,90022,790,71722,726,767
Weighted average shares outstanding - Diluted (in shares)22,781,36922,790,71722,948,632

ASTE Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash, cash equivalents and restricted cash$ 63.2$ 66.0
Investments5.73.9
Trade receivables, contract assets and other receivables, net152.7173.6
Inventories455.6393.4
Prepaid and refundable income taxes14.615.9
Prepaid expenses and other assets27.728.2
Assets held for sale0.015.4
Total current assets719.5696.4
Property and equipment, net187.6173.6
Investments13.815.1
Goodwill46.345.2
Intangible assets, net16.422.5
Deferred income tax assets37.532.1
Other long-term assets38.229.5
Total assets1,059.31,014.4
Current liabilities:  
Current maturities of long-term debt0.10.2
Short-term debt11.09.4
Accounts payable116.9107.2
Customer deposits70.269.5
Accrued product warranty16.511.9
Accrued employee related liabilities44.135.3
Accrued loss reserves2.71.9
Other current liabilities37.538.6
Total current liabilities299.0274.0
Long-term debt72.078.1
Deferred income tax liabilities1.12.1
Other long-term liabilities33.533.3
Total liabilities405.6387.5
Commitments and contingencies (Note 16)
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 $0.20 par value; issued and outstanding – 22,740,635 in 2023 and 22,624,031 in 20224.54.5
Additional paid-in capital138.4135.8
Accumulated other comprehensive loss(38.1)(40.1)
Company stock held by deferred compensation programs, at cost(0.8)(1.1)
Retained earnings549.4527.8
Shareholders' equity653.4626.9
Noncontrolling interest0.30.0
Total equity653.7626.9
Total liabilities and equity$ 1,059.3$ 1,014.4
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
 WEBSITEwww.astecindustries.com
 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 Mon Mar 25 2024, market cap of Astec Industries Inc is 957.72 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 Mon Mar 25 2024, ASTE's PE ratio (Price to Earnings) is 28.55 and Price to Sales (PS) ratio is 0.72. 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 0.001 (multiply by 100 for percentage) rate of return.