Astec Industries, Inc. (NASDAQ:ASTE - Free Report) - Equities research analysts at Sidoti cut their Q3 2026 earnings per share (EPS) estimates for Astec Industries in a report released on Thursday, August 6th. Sidoti analyst S. Ferazani now forecasts that the industrial products company will post earnings of $0.51 per share for the quarter, down from their prior forecast of $0.75. The consensus estimate for Astec Industries' current full-year earnings is $3.36 per share. Sidoti also issued estimates for Astec Industries' Q1 2027 earnings at $0.72 EPS, Q2 2027 earnings at $1.33 EPS, Q3 2027 earnings at $0.56 EPS and Q4 2027 earnings at $1.23 EPS.
Astec Industries (NASDAQ:ASTE - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.10). The business had revenue of $408.10 million during the quarter, compared to analyst estimates of $405.50 million. Astec Industries had a net margin of 1.26% and a return on equity of 10.26%. During the same period in the previous year, the business earned $0.72 earnings per share.
A number of other analysts have also recently issued reports on ASTE. Zacks Research cut shares of Astec Industries from a "hold" rating to a "strong sell" rating in a research note on Thursday. Wall Street Zen lowered shares of Astec Industries from a "buy" rating to a "hold" rating in a research note on Saturday, July 4th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Astec Industries in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".
Read Our Latest Stock Analysis on Astec Industries
Astec Industries Stock Performance
Shares of Astec Industries stock opened at $44.25 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.52 and a quick ratio of 1.10. The business has a fifty day simple moving average of $54.29 and a two-hundred day simple moving average of $54.79. Astec Industries has a 1 year low of $40.47 and a 1 year high of $65.69. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 52.06, a P/E/G ratio of 1.20 and a beta of 1.36.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in ASTE. iSAM Funds UK Ltd bought a new stake in shares of Astec Industries in the third quarter valued at about $50,000. Farther Finance Advisors LLC grew its stake in shares of Astec Industries by 8,994.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,546 shares of the industrial products company's stock valued at $67,000 after acquiring an additional 1,529 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Astec Industries by 412.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,212 shares of the industrial products company's stock worth $92,000 after acquiring an additional 1,780 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Astec Industries during the fourth quarter worth about $127,000. Finally, LSV Asset Management acquired a new stake in Astec Industries in the 4th quarter worth about $182,000. Institutional investors own 93.16% of the company's stock.
Astec Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 10th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 10th. Astec Industries's dividend payout ratio is currently 61.18%.
Astec Industries News Roundup
Here are the key news stories impacting Astec Industries this week:
- Positive Sentiment: Second-quarter sales exceeded expectations, backlog increased significantly, and demand in Materials Solutions and the aftermarket remained supportive. Management also highlighted growth opportunities and healthy cash flow, although shipment timing remains a risk. ASTE's Q2 Earnings Miss Estimates on Higher Interest Expense
- Positive Sentiment: Sidoti raised its fourth-quarter 2026 EPS estimate to $1.37 from $1.29, suggesting expectations for improved results later in the year. Sidoti estimate update
- Neutral Sentiment: Analysts noted that ASTE’s valuation appears inexpensive relative to its growth potential, while its rising backlog and aftermarket strength provide a longer-term support case. However, investors must weigh those positives against near-term execution risks. Is ASTE Stock a Buy Now on Cheap Valuation Despite Execution Risk?
- Negative Sentiment: Astec lowered its 2026 adjusted EBITDA outlook to $160 million-$175 million as asphalt-plant order delays shift deliveries and pressure shipment timing. Astec forecasts 2026 adjusted EBITDA amid asphalt plant delivery shifts
- Negative Sentiment: Second-quarter EPS was $0.94, below the $1.04 consensus estimate. Higher interest expense added to the earnings pressure, and the reduced outlook has weakened confidence in near-term results. ASTE's Q2 Earnings Miss Estimates on Higher Interest Expense
- Negative Sentiment: Sidoti cut its FY2026 EPS estimate to $3.36 from $3.63 and reduced its FY2027 estimate to $3.84 from $4.06, reflecting concerns about execution and delayed orders. Sidoti estimate revisions
About Astec Industries
(
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.
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