William Dorey - Astec Industries Independent Director
| ASTE Stock | USD 32.38 0.78 2.35% |
Director
Mr. William G. Dorey is Independent Director of the Astec Industries, Inc. Mr. Dorey served as Director, President and Chief Executive Officer of Granite Construction Incorporated from 2004 until his retirement from employment in 2010. Mr. Dorey continued to serve as a Director of Granite Construction until June 2017. Granite Construction is a publicly traded heavy civil contractor engaged in the construction and improvement of roads, mass transit facilities, airport infrastructure, bridges, dams and other infrastructurerelated projects and the production of sand, gravel and asphalt concrete and other construction materials. Mr. Dorey started his career with Granite Construction in 1967 and held numerous positions over his 42 years with the company. Mr. Dorey has also served in various industry leadership roles, including founding Chairman of the Construction Industry Ethics and Compliance Initiative Steering Committee, trustee of the Mineta Transportation Institute, member on the Construction Industry Round Table, director of the California Chamber of Commerce, and director of the California Business Roundtable. Mr. Dorey was a Director of the Company since 2011. since 2011.
| Age | 73 |
| Tenure | 13 years |
| Address | 1725 Shepherd Road, Chattanooga, TN, United States, 37421 |
| Phone | 423 899 5898 |
| Web | https://www.astecindustries.com |
Astec Industries Management Efficiency
The company has return on total asset (ROA) of 0.0438 % which means that it generated a profit of $0.0438 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0387 %, meaning that it created $0.0387 on every $100 dollars invested by stockholders. Astec Industries' management efficiency ratios could be used to measure how well Astec Industries manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Astec Industries' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 755.5 M, whereas Other Current Assets are forecasted to decline to about 14 M.Similar Executives
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Management Performance
| Return On Equity | 0.0387 | |||
| Return On Asset | 0.0438 |
Astec Industries Leadership Team
Elected by the shareholders, the Astec Industries' board of directors comprises two types of representatives: Astec Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Astec. The board's role is to monitor Astec Industries' management team and ensure that shareholders' interests are well served. Astec Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Astec Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Timothy Gonigam, President of Astec Mobile Screens, Inc. | ||
| William Sansom, Lead Independent Director | ||
| Thomas Wilkey, President of Heatec, Inc | ||
| Gregory Oswald, VP Excellence | ||
| Stephen Anderson, VP of Admin., Director of Investor Relations, Compliance Officer and Secretary | ||
| Mark Roth, Sr Strategy | ||
| William Dorey, Independent Director | ||
| Timothy Averkamp, Group Group | ||
| Richard Patek, President of the Aggregate and Mining Group | ||
| Michael Norris, Group Sales | ||
| Tom Kruger, Managing Director of Osborn Engineered Products SA (Pty) Ltd. | ||
| Charles Potts, Independent Director | ||
| Linda Foreman, IR Contact Officer | ||
| Aletheia Silcott, Global Resources | ||
| Jamie Palm, Chief VP | ||
| Heinrich Jonker, Interim Officer | ||
| Chris Colwell, President of Carlson Paving Products, Inc. | ||
| Barend Snyman, Group Infrastructure | ||
| Glen Tellock, Independent Director | ||
| Matthew Haven, President of Telsmith, Inc. | ||
| Lawrence Cumming, President of Peterson Pacific Corporate | ||
| Benjamin Brock, CEO and President Director and Member of Executive Committee | ||
| Michael Bremmer, President of CEI Enterprises, Inc. | ||
| Anshu Pasricha, Corp Counsel | ||
| Jaco Merwe, Group President-Infrastructure, Group President-Energy | ||
| Richard Dorris, COO and Executive VP | ||
| Jeffrey Richmond, President of Roadtec, Inc. | ||
| Jeffrey May, President of Kolberg-Pioneer, Inc | ||
| Donald Sissons, President of Breaker Technology Ltd | ||
| Martin Dummigan, Other | ||
| W Smith, Vice Chairman of the Board | ||
| Mary Howell, Independent Director | ||
| Norman Smith, Vice Chairman, Member of Executive Committee and Group President of the Mobile Asphalt Paving Group | ||
| Robin Leffew, Corporate Controller | ||
| Brad Southern, Director | ||
| William Gehl, Independent Director | ||
| David Smale, General Manager of Astec Australia Pty. Ltd. | ||
| James Baker, Independent Director | ||
| Rebecca Weyenberg, Chief Officer | ||
| Daniel Frierson, Independent Director | ||
| Tracey Cook, Director | ||
| Scott Barker, Group President-Energy | ||
| Steven Claude, Group President - Infrastructure Group | ||
| Jeffrey Schwarz, President of Johnson Crushers, Inc. ("JCI") | ||
| Jeffery Elliott, Group VP of Aggregate and Mining Group | ||
| Barry Ruffalo, President CEO, Director | ||
| Ben Snyman, Group Infrastructure | ||
| Siddharth Verma, CTO Innovation | ||
| Malcolm Swanson, President of Astec, Inc | ||
| Aaron Harmon, President of GEFCO, Inc. | ||
| David Silvious, CFO, Vice President Treasurer |
Astec Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Astec Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0387 | |||
| Return On Asset | 0.0438 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 815.99 M | |||
| Shares Outstanding | 22.74 M | |||
| Shares Owned By Insiders | 1.20 % | |||
| Shares Owned By Institutions | 94.26 % | |||
| Number Of Shares Shorted | 418.36 K | |||
| Price To Earning | 21.22 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Astec Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Astec Industries' short interest history, or implied volatility extrapolated from Astec Industries options trading.
Pair Trading with Astec Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astec Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astec Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Astec Stock
| 0.71 | LNN | Lindsay Financial Report 4th of July 2024 | PairCorr |
| 0.69 | TWI | Titan International | PairCorr |
| 0.67 | LEV | Lion Electric Corp Financial Report 14th of May 2024 | PairCorr |
| 0.66 | ZEVYW | Lightning eMotors | PairCorr |
| 0.56 | HY | Hyster Yale Materials Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Astec Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astec Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astec Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astec Industries to buy it.
The correlation of Astec Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astec Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astec Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astec Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Astec Stock analysis
When running Astec Industries' price analysis, check to measure Astec Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astec Industries is operating at the current time. Most of Astec Industries' value examination focuses on studying past and present price action to predict the probability of Astec Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astec Industries' price. Additionally, you may evaluate how the addition of Astec Industries to your portfolios can decrease your overall portfolio volatility.
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Is Astec Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astec Industries. If investors know Astec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astec Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.52 | Earnings Share 1.09 | Revenue Per Share 57.13 | Quarterly Revenue Growth (0.11) |
The market value of Astec Industries is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astec Industries' market value can be influenced by many factors that don't directly affect Astec Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astec Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.