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Astec Industries, Inc.

ASTE US

ASTE USAstec Industries, Inc.

United States Composite

32.38

USD

-0.78

(-2.35%)

1.47EPS Dil.

21.96P/E

736.35MMarket Cap

1.60%Div. Yield

Next Earnings

May 1

Ex-Dividend Date

March 8

Dividend Date

March 29

Held by Insiders

1.33%

Held by Institutions

94.05%

Short % of Float

2.46%

YTD Yield

1.23%

3Y Yield

-36.95%

5Y Yield

24.71%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

LT Borrowings

122

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

1,033

1,071

846

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

676

746

720

Cash, Cash Equivalents & STI

Accounts Receivable, Net

158

175

153

Inventories

430

450

456

Total Current Liabilities

264

282

299

Payables & Accruals

163

175

178

ST Debt

Deferred Revenue

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

3.99%

3.13%

4.94%

Net Income, GAAP

0.00%

Free Cash Flow

-67.72%

-202.94%

94.78%

Total Cash Common Dividend

5.88%

3.82%

9.09%

Total Equity

1.39%

2.32%

4.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

284

278

267

268

1,096

2022

291

318

315

350

1,275

2023

348

350

303

337

1,338

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.38

0.36

0.40

-0.40

0.70

2022

0.18

-0.17

0.03

-0.04

0.00

2023

0.53

0.58

-0.29

0.65

1.47

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.11

0.12

0.45

2022

0.12

0.13

0.49

2023

0.13

0.52

Company Description

CEO: Mr. Jaco G. van der Merwe
Full Time Employees: 4,322
Sector: Industrials
Industry: Farm & Heavy Construction Machinery
Address: 1725 Shepherd Road Chattanooga TN United States 37421
IPO Date: Jun 18, 1986
CIK: 0000792987
Website: www.astecindustries.com
Business: 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. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Company News

seekingalpha
4 days ago
Astec Industries downgraded at Stifel on supply-chain hurdles
GuruFocus.com
4 days ago
Astec Industries Inc (ASTE) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges with Strategic Initiatives
GuruFocus.com
5 days ago
Q1 2024 Astec Industries Inc Earnings Call Transcript
tipranks.com
5 days ago
Astec Industries: Hold Rating Amid Supply Chain Struggles and Financial Setbacks
GuruFocus.com
5 days ago
Breaking News: Johnson Fistel, LLP Launches Investigation into Astec
Benzinga
5 days ago
Breaking News: Johnson Fistel, LLP Launches Investigation into Astec
benzinga
5 days ago
Breaking News: Johnson Fistel, LLP Launches Investigation into Astec
market_watch
5 days ago
Astec Industries Shares Drop 21% After 1Q Results Miss Expectations
Marketwatch
5 days ago
Astec Industries Shares Drop 21% After 1Q Results Miss Expectations
Yahoo Finance
5 days ago
Astec Industries Inc (ASTE) Q1 2024 Earnings: Significant Miss on Revenue and EPS Projections
Tipranks
5 days ago
Astec Performance Review: Hold Rating Amid Earnings Miss and Operational Challenges
tipranks.com
5 days ago
Astec Performance Review: Hold Rating Amid Earnings Miss and Operational Challenges
GuruFocus.com
5 days ago
Astec Industries Inc (ASTE) Q1 2024 Earnings: Significant Miss on Revenue and EPS Projections
Yahoo Finance
5 days ago
Astec Reports First Quarter 2024 Results
GuruFocus.com
7 days ago
Astec Announces Quarterly Dividend
Yahoo
7 days ago
Astec Announces Quarterly Dividend
Yahoo Finance
7 days ago
Astec Announces Quarterly Dividend
Zacks
11 days ago
Terex (TEX) Q1 Earnings and Revenues Beat Estimates
Yahoo
11 days ago
Astec Industries' (NASDAQ:ASTE) earnings have declined over three years, contributing to shareholders 42% loss
Yahoo Finance
11 days ago
Astec Industries' (NASDAQ:ASTE) earnings have declined over three years, contributing to shareholders 42% loss

Company Description

CEO: Mr. Jaco G. van der Merwe
Full Time Employees: 4,322
Sector: Industrials
Industry: Farm & Heavy Construction Machinery
Address: 1725 Shepherd Road Chattanooga TN United States 37421
IPO Date: Jun 18, 1986
CIK: 0000792987
Website: www.astecindustries.com
Business: 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. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Company News

seekingalpha
4 days ago
Astec Industries downgraded at Stifel on supply-chain hurdles
GuruFocus.com
4 days ago
Astec Industries Inc (ASTE) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges with Strategic Initiatives
GuruFocus.com
5 days ago
Q1 2024 Astec Industries Inc Earnings Call Transcript
tipranks.com
5 days ago
Astec Industries: Hold Rating Amid Supply Chain Struggles and Financial Setbacks
GuruFocus.com
5 days ago
Breaking News: Johnson Fistel, LLP Launches Investigation into Astec
Benzinga
5 days ago
Breaking News: Johnson Fistel, LLP Launches Investigation into Astec
benzinga
5 days ago
Breaking News: Johnson Fistel, LLP Launches Investigation into Astec
market_watch
5 days ago
Astec Industries Shares Drop 21% After 1Q Results Miss Expectations
Marketwatch
5 days ago
Astec Industries Shares Drop 21% After 1Q Results Miss Expectations
Yahoo Finance
5 days ago
Astec Industries Inc (ASTE) Q1 2024 Earnings: Significant Miss on Revenue and EPS Projections
Tipranks
5 days ago
Astec Performance Review: Hold Rating Amid Earnings Miss and Operational Challenges
tipranks.com
5 days ago
Astec Performance Review: Hold Rating Amid Earnings Miss and Operational Challenges
GuruFocus.com
5 days ago
Astec Industries Inc (ASTE) Q1 2024 Earnings: Significant Miss on Revenue and EPS Projections
Yahoo Finance
5 days ago
Astec Reports First Quarter 2024 Results
GuruFocus.com
7 days ago
Astec Announces Quarterly Dividend
Yahoo
7 days ago
Astec Announces Quarterly Dividend
Yahoo Finance
7 days ago
Astec Announces Quarterly Dividend
Zacks
11 days ago
Terex (TEX) Q1 Earnings and Revenues Beat Estimates
Yahoo
11 days ago
Astec Industries' (NASDAQ:ASTE) earnings have declined over three years, contributing to shareholders 42% loss
Yahoo Finance
11 days ago
Astec Industries' (NASDAQ:ASTE) earnings have declined over three years, contributing to shareholders 42% loss