Astec Industries designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities, as well as other products. Co.'s reportable business segments are: the Infrastructure Solutions, which designs, engineers, manufactures and markets a line of asphalt plants, concrete plants and their related components and ancillary equipment as well as supplying other heavy equipment; and the Materials Solutions, which designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. The ASTE YTD return is shown above.
The YTD Return on the ASTE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ASTE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ASTE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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