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    Astec Industries Inc.

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    $ASTE
    Construction/Ag Equipment/Trucks
    Industrials

    Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company's Infrastructure Solutions segment designs, engineers, manufactures, and markets 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 offers engineering and environmental permitting services. This segment offers its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. Its Materials Solutions segment designs and manufactures crushing equipment, track-mounted systems, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular relocatable stationary plants, conveying equipment, plant automation products, mobile portable plants, and mineral processing equipment, as well as provides consulting and engineering services. The company has a strategic partnership with CarbonCure Technologies Inc. to offer solution for concrete production. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee.

    IPO Year: 1986

    Exchange: NASDAQ

    Website: astecindustries.com

    Recent Analyst Ratings for Astec Industries Inc.

    DatePrice TargetRatingAnalyst
    5/2/2024$47.00 → $37.00Buy → Hold
    Stifel
    4/8/2022$40.00Outperform → Neutral
    Robert W. Baird
    11/8/2021$65.00 → $82.00Neutral → Buy
    Sidoti
    See more ratings