Astec Industries FY2026 Earnings Forecast Reduced by Sidoti

Astec Industries, Inc. (NASDAQ:ASTE) – Stock analysts at Sidoti dropped their FY2026 earnings per share estimates for shares of Astec Industries in a research note issued on Monday, November 9th. Sidoti analyst S. Ferazani now forecasts that the industrial products company will earn $2.58 per share for the year, down from their previous estimate of $3.35. The consensus estimate for Astec Industries’ current full-year earnings is $3.35 per share. Sidoti also issued estimates for Astec Industries’ Q4 2026 earnings at $1.11 EPS.

Astec Industries (NASDAQ:ASTE) last issued its earnings results on Thursday, November 5th. The industrial products company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.47 by ($0.48). Astec Industries had a net margin of 0.74% and a return on equity of 8.60%. The business had revenue of $352.40 million for the quarter, compared to analysts’ expectations of $375.47 million. During the same quarter in the prior year, the business posted ($0.18) earnings per share.

A number of other research analysts also recently issued reports on ASTE. Freedom Broker lowered their price target on Astec Industries from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Astec Industries in a report on Monday, November 2nd. Finally, Zacks Research downgraded Astec Industries from a “hold” rating to a “strong sell” rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.00.

Astec Industries Stock Down 1.8%

Astec Industries stock opened at $36.95 on Wednesday. Astec Industries has a 12 month low of $35.05 and a 12 month high of $65.69. The stock has a fifty day simple moving average of $40.13 and a two-hundred day simple moving average of $50.25. The company has a current ratio of 2.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.51. The firm has a market cap of $851.33 million, a price-to-earnings ratio of 14.81, a PEG ratio of 1.02 and a beta of 1.37.

Astec Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Monday, November 16th will be issued a $0.13 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.52 annualized dividend and a yield of 1.4%. Astec Industries’s dividend payout ratio (DPR) is currently 104.00%.

Institutional Investors Weigh In On Astec Industries

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Astec Industries during the 2nd quarter valued at $212,732,000. Dimensional Fund Advisors LP lifted its holdings in shares of Astec Industries by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,433,501 shares of the industrial products company’s stock valued at $77,176,000 after buying an additional 22,154 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Astec Industries by 105.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 301,598 shares of the industrial products company’s stock valued at $12,136,000 after buying an additional 154,802 shares during the period. Heartland Advisors Inc. boosted its stake in shares of Astec Industries by 5.9% in the 3rd quarter. Heartland Advisors Inc. now owns 255,800 shares of the industrial products company’s stock worth $10,293,000 after buying an additional 14,210 shares during the last quarter. Finally, Royce & Associates LP boosted its stake in shares of Astec Industries by 30.9% in the 3rd quarter. Royce & Associates LP now owns 244,810 shares of the industrial products company’s stock worth $9,851,000 after buying an additional 57,724 shares during the last quarter. Institutional investors own 93.16% of the company’s stock.

More Astec Industries News

Here are the key news stories impacting Astec Industries this week:

• Positive Sentiment: Sidoti forecasts EPS of $4.27 for FY2028, above its FY2027 estimate of $3.56, suggesting expected longer-term earnings growth. Astec Industries analyst estimates
• Neutral Sentiment: Freedom Broker cut its price target to $52 from $60 but maintained a Buy rating; the new target was reported as 40.7% above the referenced $36.95 share price. Freedom Broker ratings
• Neutral Sentiment: A report listed short interest at zero shares, so it showed no measurable short-position overhang; the article’s description of a “significant increase” conflicts with that figure.
• Negative Sentiment: Sidoti cut its FY2026 EPS forecast to $2.58 from $3.35 and its FY2027 estimate to $3.56 from $3.84. It also reduced estimates for Q4 2026 and several 2027 quarters, including Q2 2027 to $1.12 from $1.33. The broad downward revisions are the clearest near-term headwind for ASTE. Astec Industries analyst estimates

Astec Industries Company Profile

Astec Industries is a manufacturer of equipment and services for the infrastructure, road construction and aggregate industries. Its products support the production and handling of asphalt, concrete and crushed stone, as well as the construction and maintenance of roads. The company’s offerings include asphalt production plants, roadbuilding equipment, crushers, screens, material washing systems and concrete batch plants. Astec also provides parts, service and other support for its equipment. Founded in 1972 and headquartered in Chattanooga, Tennessee, Astec serves customers in the United States and international markets.