Astec Industries, Inc. engages in the design, engineer, manufacture, and market of equipment and components used in road building and construction activities. The company is headquartered in Chattanooga, Tennessee and currently employs 4,148 full-time employees. The Company’s manufacturing operations are divided into two business segments: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and their related components and ancillary equipment, including industrial automation controls and telematics platforms, as well as asphalt road construction equipment, industrial thermal systems, land clearing, recycling and other heavy equipment. The Materials Solutions segment designs and manufactures heavy rock processing equipment, in addition to servicing and supplying parts for the aggregate, mining, recycling, ports and bulk handling markets. The company also operates a line of controls and automation products designed to deliver enhanced productivity through improved equipment performance.
Follow-Up Questions
What is Astec Industries Inc (ASTE)'s P/E Ratio?
The P/E ratio of Astec Industries Inc is 251.441
Who is the CEO of Astec Industries Inc?
Mr. Jaco van Der Merwe is the President of Astec Industries Inc, joining the firm since 2019.
What is the price performance of ASTE stock?
The current price of ASTE is $48.34, it has decreased 0.49% in the last trading day.
What are the primary business themes or industries for Astec Industries Inc?
Astec Industries Inc belongs to Machinery industry and the sector is Industrials
What is Astec Industries Inc market cap?
Astec Industries Inc's current market cap is $1.1B
Is Astec Industries Inc a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for Astec Industries Inc, including 3 strong buy, 3 buy, 1 hold, 0 sell, and 3 strong sell