Astec Industries (ASTE) Projected to Post Quarterly Earnings on Tuesday

Astec Industries (NASDAQ:ASTE) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $320.40 million for the quarter.

Astec Industries (NASDAQ:ASTE) last announced its quarterly earnings results on Wednesday, February 26th. The industrial products company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.46. The firm had revenue of $359.00 million for the quarter, compared to analysts’ expectations of $374.10 million. Astec Industries had a positive return on equity of 7.69% and a negative net margin of 0.15%.

Astec Industries Price Performance

Shares of NASDAQ:ASTE opened at $32.89 on Tuesday. Astec Industries has a 12 month low of $28.46 and a 12 month high of $44.03. The company has a current ratio of 2.47, a quick ratio of 0.91 and a debt-to-equity ratio of 0.16. The stock has a market cap of $750.02 million, a P/E ratio of -411.07 and a beta of 1.39. The company has a 50 day moving average of $34.27 and a 200 day moving average of $34.40.

Astec Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were issued a $0.13 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.52 annualized dividend and a dividend yield of 1.58%. Astec Industries’s payout ratio is currently 273.68%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ASTE. Robert W. Baird boosted their target price on Astec Industries from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, February 27th. StockNews.com upgraded shares of Astec Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th.

Astec Industries Company Profile

Astec Industries, Inc designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities worldwide. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers 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 engineering and environmental permitting services.