ASTE stock icon

Astec Industries
ASTE

$29.93
0.96%
 

About: Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.

Employees: 4,322

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 23 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

47% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 19

15% more capital invested

Capital invested by funds: $788M [Q4 2023] → $907M (+$119M) [Q1 2024]

6% more funds holding

Funds holding: 155 [Q4 2023] → 164 (+9) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

1.71% less ownership

Funds ownership: 93.09% [Q4 2023] → 91.38% (-1.71%) [Q1 2024]

22% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 64

88% less call options, than puts

Call options by funds: $188K | Put options by funds: $1.53M

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$37
24%
upside
Avg. target
$37
24%
upside
High target
$37
24%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Stifel
Stanley Elliott
24%upside
$37
Hold
Downgraded
2 May 2024

Financial journalist opinion

Based on 23 articles about ASTE published over the past 30 days