ASTE: Astec Industries, Inc.
About
Astec Industries, Inc. engages in the design, engineer, manufacture, and market of equipment and components used in road building and construction activities. It operates through the following segments: Infrastructure Solutions, Material Solutions, and Corporate and Other. The Infrastructure Solutions segment designs, engineers, manufactures, and markets a complete line of asphalt plants, concrete plants, and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems, and heavy equipment. The Material Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports, and bulk handling industries. The Corporate and Other segment is involved in the controls and automation business, through the firm's parent company, Astec Insurance. The company was founded by J. Don Brock in 1972 and is headquartered in Chattanooga, TN.
Current Value
$35.921 Year Return
Current Value
$35.921 Year Return
Key Details
Market Cap
$820.86M
P/E Ratio
-431.65
1Y Stock Return
13.24%
1Y Revenue Growth
-5.00%
Dividend Yield
1.40%
Price to Book
1.3
Strategies that include ASTE
Stock's related to ASTE
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CQP | 0.11% | $25.90B | -6.77% | 5.96% |
| EBR | 0.12% | $12.19B | -24.21% | 1.26% |
| FATBB | 0.13% | $81.94M | -12.91% | 11.69% |
| RLMD | 0.14% | $89.92M | +1.36% | 0.00% |
| MESO | 0.16% | $1.23B | +347.11% | 0.00% |
| EG | -0.17% | $15.92B | -8.98% | 2.02% |
| AON | -0.20% | $82.00B | +16.33% | 0.70% |
| IMRN | -0.20% | $10.31M | -5.04% | 0.00% |
| GIS | -0.25% | $34.85B | -2.91% | 3.78% |
| HIHO | 0.25% | $8.63M | 0.00% | 6.12% |
| NNE | -0.30% | $833.66M | +531.50% | 0.00% |
| TRI | 0.30% | $72.33B | +16.06% | 1.01% |
| LLY | -0.33% | $692.74B | +23.14% | 0.71% |
| BACK | 0.35% | $1.76M | -32.90% | 0.00% |
| AVAL | -0.38% | $791.37M | -4.11% | 7.14% |
| WMT | 0.39% | $696.11B | +66.69% | 1.38% |
| MNR | -0.39% | $1.66B | -10.71% | 15.90% |
| ATEN | -0.45% | $1.21B | +34.32% | 1.46% |
| UGP | 0.49% | $3.51B | -35.98% | 3.88% |
| HSY | -0.55% | $34.45B | -10.68% | 3.21% |
ETF's related to ASTE
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| XSVM | 70.60% | $853.92M | 0.37% |
| DFSV | 70.07% | $4.16B | 0.31% |
| SDVY | 69.92% | $7.17B | 0.6% |
| DFAT | 69.62% | $11.16B | 0.28% |
| EES | 69.59% | $668.71M | 0.38% |
| AVUV | 69.51% | $15.25B | 0.25% |
| EZM | 69.51% | $823.84M | 0.38% |
| GSSC | 69.33% | $529.86M | 0.2% |
| PAVE | 69.30% | $9.18B | 0.47% |
| FXR | 68.90% | $2.08B | 0.61% |
| CALF | 68.42% | $8.93B | 0.59% |
| IJR | 68.20% | $90.05B | 0.06% |
| BSVO | 68.16% | $1.53B | 0.47% |
| VBR | 68.03% | $32.03B | 0.07% |
| SPSM | 67.99% | $12.72B | 0.03% |
| DES | 67.86% | $2.13B | 0.38% |
| VIOO | 67.84% | $3.12B | 0.1% |
| DFUV | 67.73% | $11.68B | 0.21% |
| VIOV | 67.48% | $1.44B | 0.15% |
| IWN | 67.48% | $13.17B | 0.24% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -49.97% | $388.04M | 1.43% |
| VIXY | -31.68% | $195.31M | 0.85% |
| TAIL | -28.35% | $67.98M | 0.59% |
| EQLS | -12.86% | $76.08M | 1% |
| CTA | -12.77% | $350.27M | 0.78% |
| USDU | -12.58% | $201.97M | 0.5% |
| WEAT | -9.34% | $120.27M | 0.28% |
| BSCO | -8.77% | $2.35B | 0.1% |
| CLOI | -8.54% | $715.40M | 0.4% |
| UUP | -7.23% | $309.25M | 0.77% |
| JUCY | -6.74% | $324.29M | 0.6% |
| KCCA | -5.35% | $220.51M | 0.87% |
| CORN | -3.39% | $61.12M | 0.2% |
| XBIL | -2.91% | $637.70M | 0.15% |
| TBIL | -2.83% | $4.38B | 0.15% |
| FLDR | -2.56% | $595.01M | 0.15% |
| DFSD | -2.19% | $3.63B | 0.16% |
| FLRN | -1.74% | $2.33B | 0.15% |
| SGOV | -1.49% | $27.53B | 0.09% |
| SOYB | -1.18% | $27.32M | 0.22% |
News
Yahoo
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the construction machinery stocks, including Caterpillar (NYSE:CAT) and its peers.
SeekingAlpha
The market began to broaden out during the quarter, as small stocks advanced in anticipation of Federal Reserve interest rate cuts.
Yahoo
Astec Industries ( NASDAQ:ASTE ) Third Quarter 2024 Results Key Financial Results Revenue: US$291.4m (down 3.9% from 3Q...
Yahoo
CHATTANOOGA, Tenn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Baird Global Industrial Conference on November 14, 2024. Jaco van der Merwe, President and Chief Executive Officer, Brian Harris, Chief Financial Officer and Steve Anderson, Senior Vice President of Investor Relations will attend the conference. About ASTEC Astec, (www.astecindustries.com), is a manufacturer of specialized equipment for asphalt road building, agg
Yahoo
Despite a dip in net sales, Astec Industries Inc (ASTE) reports a significant rise in adjusted EBITDA and focuses on infrastructure growth and sustainability.
Yahoo
Q3 2024 Astec Industries Inc Earnings Call
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.