Sidoti Increases Earnings Estimates for Astec Industries

Astec Industries, Inc. (NASDAQ:ASTE) – Investment analysts at Sidoti lifted their Q2 2026 earnings estimates for Astec Industries in a report issued on Thursday, May 7th. Sidoti analyst S. Ferazani now forecasts that the industrial products company will post earnings of $1.14 per share for the quarter, up from their previous estimate of $1.12. The consensus estimate for Astec Industries’ current full-year earnings is $3.78 per share. Sidoti also issued estimates for Astec Industries’ Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $1.21 EPS and Q2 2027 earnings at $1.15 EPS.

ASTE has been the topic of several other research reports. Longbow Research upgraded shares of Astec Industries to a “strong-buy” rating in a research report on Monday, March 16th. Wall Street Zen cut shares of Astec Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research cut shares of Astec Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Freedom Capital upgraded shares of Astec Industries to a “strong-buy” rating in a research report on Wednesday, April 1st. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Astec Industries Trading Down 1.1%

Shares of ASTE opened at $53.00 on Friday. The company’s fifty day moving average is $57.35 and its 200 day moving average is $51.31. Astec Industries has a fifty-two week low of $36.43 and a fifty-two week high of $65.69. The stock has a market capitalization of $1.21 billion, a PE ratio of 47.32, a P/E/G ratio of 2.03 and a beta of 1.47. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.07 and a current ratio of 2.34.

Astec Industries (NASDAQ:ASTE) last announced its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.34). Astec Industries had a return on equity of 10.09% and a net margin of 1.75%.The business had revenue of $396.30 million during the quarter, compared to the consensus estimate of $393.24 million.

Astec Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, May 13th. This represents a $0.52 dividend on an annualized basis and a yield of 1.0%. Astec Industries’s payout ratio is 30.95%.

Insiders Place Their Bets

In other Astec Industries news, insider Edward Terrell Gilbert, Jr. sold 975 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $61.07, for a total transaction of $59,543.25. Following the transaction, the insider owned 8,828 shares in the company, valued at $539,125.96. The trade was a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.99% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in Astec Industries by 41.8% during the third quarter. JPMorgan Chase & Co. now owns 67,387 shares of the industrial products company’s stock valued at $3,243,000 after acquiring an additional 19,871 shares during the last quarter. Teacher Retirement System of Texas increased its position in Astec Industries by 190.4% during the third quarter. Teacher Retirement System of Texas now owns 14,234 shares of the industrial products company’s stock valued at $685,000 after acquiring an additional 9,332 shares during the last quarter. Penn Capital Management Company LLC purchased a new stake in shares of Astec Industries during the third quarter valued at $10,096,000. Vanguard Group Inc. boosted its stake in shares of Astec Industries by 1.4% during the third quarter. Vanguard Group Inc. now owns 2,513,520 shares of the industrial products company’s stock valued at $120,976,000 after purchasing an additional 34,535 shares during the period. Finally, Harvey Partners LLC boosted its stake in shares of Astec Industries by 48.3% during the third quarter. Harvey Partners LLC now owns 501,000 shares of the industrial products company’s stock valued at $24,113,000 after purchasing an additional 163,155 shares during the period. Institutional investors own 93.16% of the company’s stock.

Key Astec Industries News

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

• Positive Sentiment: Backlog jumped 36.4% year-over-year to $549.2 million, supporting future revenue visibility and order-book strength. Astec Reports First Quarter 2026 Results
• Positive Sentiment: Operating cash flow of $40.7M and free cash flow of $32.6M were strong for the quarter, and adjusted EBITDA was $30.3M — supports balance-sheet flexibility and capital allocation. Astec Reports First Quarter 2026 Results
• Neutral Sentiment: Revenue of $396.3M was roughly in line with analyst expectations (~$393.2M), so top-line execution was steady even as margins were compressed. Astec Reports First Quarter 2026 Results
• Neutral Sentiment: The company reported a low GAAP diluted EPS ($0.06) but an adjusted EPS figure of $0.54; investors will weigh adjusted metrics against GAAP results and one-offs discussed in the slide deck and call. Slide Deck / Press Release
• Negative Sentiment: Reported EPS missed consensus materially — $0.54 (reported/adjusted) vs. analyst estimate $0.88 — and Zacks/earnings transcripts highlighted the miss; that gap is the primary driver of the stock weakness. Zacks: Astec Misses Q1 Earnings
• Negative Sentiment: Net income and GAAP margins were weak (net income $1.3M; net margin ~2.8%), leaving near-term profitability concerns despite healthy backlog and cash flow. Astec Reports First Quarter 2026 Results

About Astec Industries

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.