Profile
Sector:
IndustrialsIndustry:
Farm & Heavy Construction MachineryCountry:
United StatesIPO:
18 June 1986Website:
http://www.astecindustries.comNext earnings report:
28 February 2025Last dividends:
13 November 2024Next dividends:
N/APrice
after hours | 40 min agoAnalysts recommendations
Institutional Ownership
ASTE Latest News
Third Quarter 2024 Overview (all comparisons are made to the corresponding prior year third quarter unless otherwise specified):
Astec Industries, Inc. (NASDAQ:ASTE ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Steve Anderson - SVP of Administration and IR Jaco van der Merwe - President and CEO Brian Harris - CFO Heinrich Jonker - VP of Finance Conference Call Participants Joe Grabowski - Baird Steve Ferazani - Sidoti Operator Hello and welcome to the Astec Industries Third Quarter 2024 Earnings Call. As a reminder, this conference call is being recorded.
Despite Astec Industries' attractive pricing, ongoing financial instability and declining profitability justify maintaining a 'sell' rating until signs of recovery emerge. Revenue and profits have declined, with a significant net loss and reduced operating cash flow, highlighting the company's deteriorating financial condition. The backlog continues to shrink, indicating persistent challenges, though analysts foresee potential improvement in upcoming financial results.
CHATTANOOGA, Tenn., Oct. 24, 2024 (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 November 27, 2024 to shareholders of record as of the close of business on November 13, 2024.
Second Quarter 2024 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified):
CHATTANOOGA, Tenn., July 29, 2024 (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 August 30, 2024 to shareholders of record as of the close of business on August 12, 2024.
LOS ANGELES, CA / ACCESSWIRE / June 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
LOS ANGELES, CA / ACCESSWIRE / June 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Astec Industries, Inc. ("Astec" or "the Company") (NASDAQ:ASTE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Investors need to pay close attention to Astec (ASTE) stock based on the movements in the options market lately.
CHATTANOOGA, Tenn., June 24, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Eastern District of Tennessee has approved the following announcement of a proposed class action settlement that would benefit purchasers of publicly-traded Astec Industries, Inc. common stock (NASDAQ: ASTE):
What type of business is Astec Industries?
Founded in 1972, Astec, Inc. produces a full range of equipment for the production of hot and warm asphalt mix - stationary, mobile, and continuous type plants with a capacity ranging from 70 to 540 tons per hour. Astec's product line includes well-known equipment for Russian contractors such as the Double Barrel dryer-drum, the Green Pac warm mix system, long-term storage silos, high-efficiency burners, and much more. In addition to manufacturing advanced equipment, Astec Inc. offers its customers first-class service, prompt delivery of spare parts, and professional training.
What sector is Astec Industries in?
Astec Industries is in the Industrials sector
What industry is Astec Industries in?
Astec Industries is in the Farm & Heavy Construction Machinery industry
What country is Astec Industries from?
Astec Industries is headquartered in United States
When did Astec Industries go public?
Astec Industries initial public offering (IPO) was on 18 June 1986
What is Astec Industries website?
https://www.astecindustries.com
Is Astec Industries in the S&P 500?
No, Astec Industries is not included in the S&P 500 index
Is Astec Industries in the NASDAQ 100?
No, Astec Industries is not included in the NASDAQ 100 index
Is Astec Industries in the Dow Jones?
No, Astec Industries is not included in the Dow Jones index
When was Astec Industries the previous earnings report?
No data
When does Astec Industries earnings report?
The next expected earnings date for Astec Industries is 28 February 2025