Q3 EPS Estimate for Astec Industries Lowered by Analyst

Astec Industries, Inc. (NASDAQ:ASTE) – Stock analysts at Sidoti reduced their Q3 2026 earnings per share (EPS) estimates for shares of Astec Industries in a research report issued 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 previous 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.

A number of other brokerages have also issued reports on ASTE. Weiss Ratings reiterated a “hold (c)” rating on shares of Astec Industries in a research report on Tuesday, August 4th. Zacks Research cut shares of Astec Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen downgraded shares of Astec Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Astec Industries Stock Down 0.2%

Shares of ASTE opened at $42.94 on Monday. The company has a current ratio of 2.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53. The firm has a market cap of $988.48 million, a P/E ratio of 50.52, a PEG ratio of 1.16 and a beta of 1.36. The stock’s 50 day moving average is $53.98 and its two-hundred day moving average is $54.71. Astec Industries has a 12 month low of $40.47 and a 12 month high of $65.69.

Astec Industries (NASDAQ:ASTE) last released its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $0.94 earnings per share 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 return on equity of 10.26% and a net margin of 1.26%.During the same period in the previous year, the company posted $0.72 EPS.

Institutional Trading of Astec Industries

Several large investors have recently made changes to their positions in the company. UBS Group AG grew its holdings in Astec Industries by 47.0% in the 4th quarter. UBS Group AG now owns 83,185 shares of the industrial products company’s stock valued at $3,604,000 after buying an additional 26,588 shares in the last quarter. Easterly Investment Partners LLC raised its holdings in shares of Astec Industries by 115.0% during the 4th quarter. Easterly Investment Partners LLC now owns 192,030 shares of the industrial products company’s stock worth $8,319,000 after acquiring an additional 102,709 shares during the period. Rather & Kittrell Inc. purchased a new position in shares of Astec Industries during the 4th quarter worth $1,056,000. Caxton Associates LLP acquired a new position in shares of Astec Industries during the 1st quarter valued at about $765,000. Finally, Walleye Capital LLC acquired a new position in shares of Astec Industries during the 1st quarter valued at about $2,976,000. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Astec Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 10th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.2%. Astec Industries’s payout ratio is currently 61.18%.

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.