Q1 Earnings Forecast for Astec Industries Issued By Sidoti

Key Points

• Sidoti raised its Q1 2027 EPS estimate for Astec Industries to $0.81 from $0.72, and forecasts full-year EPS of $3.56 in 2027 and $4.27 in 2028.
• Astec’s latest quarter fell short of expectations: it reported a $0.01-per-share loss versus consensus earnings of $0.47, while revenue of $352.4 million missed the $375.5 million estimate.
• The company declared a quarterly dividend of $0.13 per share, equivalent to a 1.4% annualized yield; analysts’ average rating is “Buy,” with an average price target of $52.

Astec Industries, Inc. (NASDAQ:ASTE - Free Report) - Stock analysts at Sidoti increased their Q1 2027 EPS estimates for Astec Industries in a research note issued to investors on Monday, November 9th. Sidoti analyst S. Ferazani now anticipates that the industrial products company will post earnings of $0.81 per share for the quarter, up from their prior estimate of $0.72. The consensus estimate for Astec Industries' current full-year earnings is $3.35 per share. Sidoti also issued estimates for Astec Industries' Q2 2027 earnings at $1.12 EPS, Q3 2027 earnings at $0.49 EPS, Q4 2027 earnings at $1.13 EPS, FY2027 earnings at $3.56 EPS, Q1 2028 earnings at $0.97 EPS, Q2 2028 earnings at $1.32 EPS, Q3 2028 earnings at $0.65 EPS and FY2028 earnings at $4.27 EPS.

Several other research firms have also recently weighed in on ASTE. Weiss Ratings reiterated a "hold (c)" rating on shares of Astec Industries in a research note on Monday, November 2nd. 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 research note on Monday. Finally, Zacks Research raised Astec Industries from a "strong sell" rating to a "hold" rating in a report on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $52.00.

Astec Industries Stock Performance

NASDAQ:ASTE opened at $37.63 on Tuesday. The firm's 50-day moving average is $40.24 and its 200-day moving average is $50.32. The company has a market cap of $866.24 million, a price-to-earnings ratio of 13.06, a PEG ratio of 1.07 and a beta of 1.37. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 2.52. Astec Industries has a 52-week low of $35.05 and a 52-week high of $65.69.

Astec Industries (NASDAQ:ASTE - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The industrial products company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.48). The company had revenue of $352.40 million during the quarter, compared to the consensus estimate of $375.47 million. Astec Industries had a net margin of 1.26% and a return on equity of 10.26%. During the same period last year, the company earned ($0.18) earnings per share.

Astec Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Monday, November 16th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, November 16th. Astec Industries's dividend payout ratio is 104.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASTE. Allworth Financial LP bought a new stake in shares of Astec Industries in the 2nd quarter valued at approximately $25,000. Nykredit A S acquired a new position in shares of Astec Industries in the 2nd quarter worth approximately $25,000. Fortitude Family Office LLC lifted its position in shares of Astec Industries by 1,128.8% during the 3rd quarter. Fortitude Family Office LLC now owns 639 shares of the industrial products company's stock worth $26,000 after buying an additional 587 shares during the period. Parallel Advisors LLC lifted its position in shares of Astec Industries by 988.4% during the 3rd quarter. Parallel Advisors LLC now owns 751 shares of the industrial products company's stock worth $30,000 after buying an additional 682 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Astec Industries in the 2nd quarter valued at $44,000. Institutional investors own 93.16% of the company's stock.

Key Stories Impacting Astec Industries

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

• Positive Sentiment: Sidoti projects FY2028 EPS of $4.27, above its FY2027 estimate of $3.56, suggesting potential earnings growth over the longer term. It also raised its Q1 2027 EPS estimate to $0.81 from $0.72. Astec Industries analyst estimates
• Neutral Sentiment: Freedom Broker lowered its price target to $52 from $60 but kept a Buy rating; the revised target still implies substantial upside from the $37.63 reference price. Freedom Broker rating information
• Negative Sentiment: Sidoti cut its FY2027 EPS estimate to $3.56 from $3.84, including reductions to Q2, Q3, and Q4 estimates. These downward revisions may weigh on near-term sentiment, despite the higher Q1 forecast. Astec Industries analyst estimates

Astec Industries Company Profile

Astec Industries, Inc NASDAQ: ASTE designs, engineers and manufactures equipment used in the construction of roads, bridges and other infrastructure. The company serves businesses involved in the production and processing of aggregates, asphalt, concrete and other construction materials.

Its product portfolio includes asphalt plants and related equipment, concrete production systems, aggregate crushing, screening and material-handling equipment, wood-processing equipment, and machinery used in road construction and rehabilitation.

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