Astec Industries (ASTE) Expected to Announce Quarterly Earnings on Tuesday

Astec Industries (NASDAQ:ASTE - Get Free Report) is projected to announce its Q1 2025 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.46. Astec Industries had a positive return on equity of 7.69% and a negative net margin of 0.15%. The business had revenue of $359.00 million for the quarter, compared to the consensus estimate of $374.10 million.

Astec Industries Price Performance

Shares of NASDAQ:ASTE traded down $0.26 on Friday, hitting $35.40. The company had a trading volume of 74,645 shares, compared to its average volume of 159,790. The company has a current ratio of 2.47, a quick ratio of 0.91 and a debt-to-equity ratio of 0.16. Astec Industries has a 52-week low of $28.46 and a 52-week high of $43.18. The business has a 50 day moving average of $34.41 and a 200 day moving average of $34.52. The company has a market cap of $807.26 million, a PE ratio of -442.44 and a beta of 1.39.

Astec Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were given a $0.13 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.52 annualized dividend and a dividend yield of 1.47%. Astec Industries's dividend payout ratio is currently 273.68%.

Analyst Ratings Changes

Several equities analysts recently commented on ASTE shares. StockNews.com upgraded Astec Industries from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 28th. Robert W. Baird upped their target price on Astec Industries from $40.00 to $41.00 and gave the company a "neutral" rating in a research note on Thursday, February 27th.

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.