ASTE - Astec Industries, Inc.
After hours:
| Previous close | 43.54 |
| Open | 43.40 |
| Bid | 43.38 x 900 |
| Ask | 43.31 x 800 |
| Day's range | 42.80 - 43.52 |
| 52-week range | 31.04 - 49.56 |
| Volume | |
| Avg. volume | 90,501 |
| Market cap | 989.048M |
| Beta (5Y monthly) | 1.50 |
| PE ratio (TTM) | 127.79 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.52 (1.18%) |
| Ex-dividend date | 11 May 2023 |
| 1y target est | N/A |
- GlobeNewswire
Astec Reports First Quarter 2023 Results
First Quarter 2023 Highlights (all comparisons are made to the prior year first quarter): Net sales increased 19.5% to $347.9 millionOperating margin of 5.1% increased 370 bpsDiluted EPS of $0.53 compared to $0.18; Adjusted EPS of $0.90 compared to $0.41Initial execution of multi-year ERP implementation on schedule CHATTANOOGA, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the first quarter of 2023. "We were pleased with o
- GlobeNewswire
Astec Announces Quarterly Dividend
CHATTANOOGA, Tenn., April 26, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on May 30, 2023 to shareholders of record as of the close of business on May 12, 2023. About ASTEC Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business s
- GlobeNewswire
Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s First Quarter Conference Call on May 3, 2023 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., April 03, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announces conference call to review the company’s first quarter 2023 financial results. Astec Industries, Inc. will release the company’s first quarter results to the wire service on Wednesday, May 3, 2023, at approximately 7:00 a.m. Eastern Time. The live call will begin on Wednesday, May 3, 2023, at 8:30 a.m. Eastern Time. Jaco van der Merwe, President and Chief Executive Officer, Rebecca A. Weyenberg,
- GlobeNewswire
Astec Reports Fourth Quarter 2022 Results
Fourth Quarter 2022 Highlights (all comparisons are made to the prior year fourth quarter): Net sales increased 31.2% to $349.9 millionOperating margin of 0.9% increased 320 bpsDiluted loss per share of $(0.04) compared to $(0.44); Adjusted EPS of $0.34 compared to a loss of $(0.06) per shareBacklog increased 19.7% to $912.7 millionRepurchased $4.0 million of shares CHATTANOOGA, Tenn., March 01, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results
- GlobeNewswire
Astec to Bring OneASTEC Product Offering to CONEXPO
CHATTANOOGA, Tenn., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) is returning to CONEXPO-CON/AGG, March 14-18, in Las Vegas, with its comprehensive product offering. Astec will showcase its strength in the infrastructure market and its unique position to offer customers a one-stop shop of equipment for the asphalt, concrete, mining, quarrying, forestry, and industrial heating industries. In the outside Diamond Lot (#D1200), Astec will have two fully assembled concrete
- GlobeNewswire
Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s Fourth Quarter Conference Call on March 1 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announces conference call to review the company’s fourth quarter 2022 financial results. Astec Industries, Inc. will release the company’s fourth quarter results to the wire service on Wednesday, March 1, 2023, at approximately 7:00 a.m. Eastern Time. The live call will begin on Wednesday, March 1, 2023, at 8:30 a.m. Eastern Time. Jaco van der Merwe, President and Chief Executive Officer, Rebecca A. Weyenb
- GlobeNewswire
Astec Industries, Inc. (NASDAQ: ASTE) Announces CEO Transition
CHATTANOOGA, Tenn., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today Barry Ruffalo has stepped down as President and Chief Executive Officer and as a member of the Board of Directors, effective immediately. The Board has appointed Jaco van der Merwe to serve as President and Chief Executive Officer and as a member of the Astec Industries Board of Directors. Mr. van der Merwe joined Astec in 2016 as Group President and currently serves as Group President – I
- GlobeNewswire
Astec to Present at Baird’s 2022 Global Industrial Conference
CHATTANOOGA, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced today that Barry A. Ruffalo, President and Chief Executive Officer, and Stephen C. Anderson, Senior Vice President of Administration and Investor Relations, will participate at Baird’s Global Industrial Conference on Wednesday, November 9, 2022. The presentation will be accessible on Astec’s Investor Relations website, on the Events & Presentations page. About ASTEC Astec, (www.astecindustries.c
- GlobeNewswire
Astec Appoints New Members to Board of Directors
CHATTANOOGA, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced the company’s board of directors (the “Board”) elected Mr. Mark Gliebe and Mr. Nalin Jain, each a new independent director, effective as of November 10, 2022. The election of Mr. Gliebe and Mr. Jain increases the size of the Board to 12 directors, 11 of whom are independent directors. Each of Mr. Gliebe and Mr. Jain will serve as a member of the Audit Committee of the Board. In addition, Mr. Gli
- GlobeNewswire
Astec Reports Third Quarter 2022 Results
Third Quarter 2022 Highlights (all comparisons are made to the prior year third quarter): Net sales increased 18.1% to $315.2 millionGross Profit Margin of 20.7% decreased 250 bpsBacklog increased 56.2% to $969.0 millionRepurchased $6.1 million of shares CHATTANOOGA, Tenn., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the third quarter of 2022. "We are pleased to have net sales growth through volume, price realization and mix i
- GlobeNewswire
Astec Announces Dividend Increase of 8.3%
CHATTANOOGA, Tenn., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about December 2, 2022, to shareholders of record as of the close of business on November 14, 2022. About ASTEC Astec, (www.astecindustries.com), is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing oper
- GlobeNewswire
Astec strengthens sustainability commitment joining NAPA Climate Initiative
CHATTANOOGA, Tenn., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Astec (NASDAQ: ASTE) announced it has joined The Road Forward, an industry-wide initiative of the National Asphalt Pavement Association (NAPA), to engage, educate, and empower the U.S. asphalt community to produce and construct net zero carbon emission asphalt pavements by 2050. “Sustainability is embedded in our strategy,” said Jaco van der Merwe, Group President, Astec. “We have a responsibility to do what is right for society and our plane
- GlobeNewswire
Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s Third Quarter Conference Call on November 2, 2022 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., Oct. 03, 2022 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company’s third quarter 2022 financial results. Astec Industries, Inc. will be releasing the company’s third quarter results to the wire service on Wednesday, November 2, 2022, at approximately 7:00 a.m. Eastern Time. The live call will begin on Wednesday, November 2, 2022, at 8:30 a.m. Eastern Time. Barry A. Ruffalo, President and Chief
- GlobeNewswire
Astec Celebrates 50 Years of Manufacturing Heavy Equipment that Connects the World
CHATTANOOGA, Tenn., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) is celebrating 50 years of designing and manufacturing heavy equipment used to build the infrastructure that connects family, friends and communities. Founded on August 9, 1972, by Dr. J. Don Brock, along with friends Norm Smith, Al Guth, Gail Mize and Mike Uchytil, the company has grown into a global, billion-dollar manufacturer of equipment for road building and construction related projects. From its h
- GlobeNewswire
Astec to Ring Nasdaq Opening Bell to Celebrate 50th Anniversary
CHATTANOOGA, Tenn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- To celebrate 50 years of designing and manufacturing heavy equipment used to build the infrastructure that connects the world, Astec Industries, Inc. (NASDAQ: ASTE) today announced company President and CEO Barry Ruffalo will ring the Nasdaq Stock Market opening bell on August 9, 2022 at 9:30 a.m. ET. Ruffalo will be joined by members of Astec’s executive team to commemorate the anniversary. From humble beginnings, Astec has become a global,
- GlobeNewswire
Astec Reports Second Quarter 2022 Results
Second Quarter 2022 Highlights (all comparisons are made to the prior year second quarter): Net Sales increased 14.6% to $318.2 millionGross Profit Margin of 19.0% decreased 480 bpsNet Income decreased 147.0% to a loss of $3.9 million; Adjusted Net Income of $4.3 million decreased 59.0% from $10.5 millionDiluted EPS of $(0.17) compared to $0.36; Adjusted EPS of $0.19 decreased from $0.46Backlog increased 92.0% to a record level of $837.4 million CHATTANOOGA, Tenn., Aug. 02, 2022 (GLOBE NEWSWIRE)
- GlobeNewswire
Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s Second Quarter Conference Call on August 2, 2022 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn., July 19, 2022 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company’s second quarter 2022 financial results. Astec Industries, Inc. will be releasing the company’s second quarter results to the wire service on Tuesday, August 2, 2022 at approximately 7:00 a.m. Eastern Time. The live call will begin on Tuesday, August 2, 2022 at 8:30 a.m. Eastern Time. Barry A. Ruffalo, President and Chief Executiv
