
Astec Industries, Inc. (NASDAQ:ASTE – Free Report) – Stock analysts at Sidoti Csr raised their FY2025 earnings per share (EPS) estimates for Astec Industries in a research note issued on Thursday, November 6th. Sidoti Csr analyst S. Ferazani now anticipates that the industrial products company will earn $2.98 per share for the year, up from their previous forecast of $2.94. Sidoti Csr also issued estimates for Astec Industries’ Q4 2025 earnings at $0.74 EPS, Q1 2026 earnings at $0.89 EPS, Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.86 EPS, FY2026 earnings at $3.30 EPS, Q1 2027 earnings at $0.97 EPS, Q2 2027 earnings at $1.06 EPS, Q3 2027 earnings at $0.65 EPS and FY2027 earnings at $3.62 EPS.
ASTE has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Astec Industries in a research report on Thursday, October 30th. Zacks Research raised shares of Astec Industries to a “hold” rating in a research report on Tuesday, October 7th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Astec Industries presently has an average rating of “Hold” and an average price target of $41.00.
Astec Industries Stock Performance
Shares of Astec Industries stock opened at $44.99 on Monday. The company has a current ratio of 2.71, a quick ratio of 1.08 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average price is $47.09 and its 200-day moving average price is $42.99. The firm has a market cap of $1.03 billion, a P/E ratio of 22.61, a P/E/G ratio of 2.32 and a beta of 1.42. Astec Industries has a 12 month low of $29.65 and a 12 month high of $50.83.
Astec Industries (NASDAQ:ASTE – Get Free Report) last issued its earnings results on Wednesday, November 5th. The industrial products company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. Astec Industries had a return on equity of 11.52% and a net margin of 3.50%.The business had revenue of $350.10 million during the quarter, compared to analyst estimates of $336.00 million.
Astec Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Monday, November 10th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $0.52 dividend on an annualized basis and a yield of 1.2%. Astec Industries’s dividend payout ratio is presently 25.00%.
Insider Buying and Selling
In other Astec Industries news, insider Barend Snyman sold 2,498 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $47.22, for a total value of $117,955.56. Following the completion of the sale, the insider directly owned 15,559 shares in the company, valued at $734,695.98. This trade represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by insiders.
Institutional Trading of Astec Industries
Hedge funds and other institutional investors have recently made changes to their positions in the business. Principal Financial Group Inc. grew its stake in Astec Industries by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 113,556 shares of the industrial products company’s stock worth $3,912,000 after buying an additional 2,983 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Astec Industries by 73.6% in the first quarter. Envestnet Asset Management Inc. now owns 13,422 shares of the industrial products company’s stock valued at $462,000 after buying an additional 5,689 shares during the last quarter. CWM LLC boosted its holdings in Astec Industries by 264.6% in the first quarter. CWM LLC now owns 2,483 shares of the industrial products company’s stock worth $86,000 after acquiring an additional 1,802 shares in the last quarter. John G Ullman & Associates Inc. grew its stake in shares of Astec Industries by 14.6% during the first quarter. John G Ullman & Associates Inc. now owns 186,410 shares of the industrial products company’s stock worth $6,422,000 after acquiring an additional 23,718 shares during the last quarter. Finally, Heartland Advisors Inc. grew its stake in shares of Astec Industries by 27.1% during the first quarter. Heartland Advisors Inc. now owns 234,800 shares of the industrial products company’s stock worth $8,089,000 after acquiring an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.
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.
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