Q3 EPS Estimate for Astec Industries Lifted by Analyst

Astec Industries, Inc. (NASDAQ:ASTEFree Report) – Equities research analysts at Sidoti boosted their Q3 2026 EPS estimates for Astec Industries in a note issued to investors on Monday, July 6th. Sidoti analyst S. Ferazani now expects that the industrial products company will post earnings of $0.75 per share for the quarter, up from their prior estimate of $0.74. The consensus estimate for Astec Industries’ current full-year earnings is $3.63 per share. Sidoti also issued estimates for Astec Industries’ Q4 2026 earnings at $1.29 EPS, Q1 2027 earnings at $0.81 EPS and Q4 2027 earnings at $1.33 EPS.

Astec Industries (NASDAQ:ASTEGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.34). The company had revenue of $396.30 million for the quarter, compared to analyst estimates of $393.24 million. Astec Industries had a return on equity of 10.09% and a net margin of 1.75%.

ASTE has been the topic of several other reports. Zacks Research lowered Astec Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. Longbow Research upgraded Astec Industries to a “strong-buy” rating in a research note on Monday, March 16th. Freedom Capital upgraded Astec Industries to a “strong-buy” rating in a report on Wednesday, April 1st. Wall Street Zen cut Astec Industries from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings lowered shares of Astec Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Astec Industries

Astec Industries Stock Down 2.1%

Shares of NASDAQ ASTE opened at $57.52 on Tuesday. Astec Industries has a 52-week low of $37.82 and a 52-week high of $65.69. The firm has a fifty day moving average of $53.99 and a 200-day moving average of $53.61. The stock has a market capitalization of $1.32 billion, a PE ratio of 52.23, a P/E/G ratio of 1.44 and a beta of 1.34. The company has a quick ratio of 1.00, a current ratio of 2.34 and a debt-to-equity ratio of 0.54.

Astec Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, May 13th. Astec Industries’s payout ratio is currently 46.43%.

Institutional Investors Weigh In On Astec Industries

A number of large investors have recently modified their holdings of the stock. Horizon Investments LLC raised its holdings in shares of Astec Industries by 2.0% during the 3rd quarter. Horizon Investments LLC now owns 12,236 shares of the industrial products company’s stock valued at $587,000 after buying an additional 237 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Astec Industries by 2.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 20,693 shares of the industrial products company’s stock worth $1,114,000 after acquiring an additional 462 shares during the period. Swiss National Bank boosted its holdings in Astec Industries by 1.5% in the 3rd quarter. Swiss National Bank now owns 39,800 shares of the industrial products company’s stock worth $1,916,000 after acquiring an additional 600 shares during the period. Deutsche Bank AG grew its position in Astec Industries by 4.2% in the fourth quarter. Deutsche Bank AG now owns 17,934 shares of the industrial products company’s stock valued at $777,000 after acquiring an additional 728 shares in the last quarter. Finally, Creative Planning grew its position in Astec Industries by 8.0% in the third quarter. Creative Planning now owns 11,463 shares of the industrial products company’s stock valued at $552,000 after acquiring an additional 852 shares in the last quarter. Institutional investors and hedge funds own 93.16% of the company’s stock.

Astec Industries Company Profile

(Get Free Report)

Astec Industries, Inc is a designer and manufacturer of specialized equipment for infrastructure-related markets. Headquartered in Chattanooga, Tennessee, the company develops, engineers and produces machinery for asphalt road-building, aggregate processing, concrete production, underground mining, landscaping and utility installation. Astec’s product portfolio includes asphalt plants, portable crushers, conveyors, screening plants, mixers, continuous miners and related support equipment.

Organized into multiple operating segments—Roadbuilding; Aggregate & Mining; Energy; and Pavement Preservation & Maintenance—Astec Industries serves contractors and municipalities that build and maintain transportation, energy and utility networks.

Recommended Stories

Earnings History and Estimates for Astec Industries (NASDAQ:ASTE)

Receive News & Ratings for Astec Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astec Industries and related companies with MarketBeat.com's FREE daily email newsletter.