
Astec Industries, Inc. (NASDAQ:ASTE – Free Report) – Investment analysts at Sidoti reduced their Q2 2026 earnings estimates for shares of Astec Industries in a note issued to investors on Monday, July 6th. Sidoti analyst S. Ferazani now expects that the industrial products company will post earnings per share of $1.05 for the quarter, down from their previous forecast of $1.14. The consensus estimate for Astec Industries’ current full-year earnings is $3.63 per share. Sidoti also issued estimates for Astec Industries’ Q2 2027 earnings at $1.12 EPS.
Astec Industries (NASDAQ:ASTE – Get Free Report) last issued its earnings results on Wednesday, May 6th. The industrial products company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.34). The firm had revenue of $396.30 million during the quarter, compared to the consensus estimate of $393.24 million. Astec Industries had a return on equity of 10.09% and a net margin of 1.75%.
Check Out Our Latest Stock Report on Astec Industries
Astec Industries Price Performance
Shares of Astec Industries stock opened at $56.00 on Wednesday. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 50.00, a PEG ratio of 1.47 and a beta of 1.34. The company has a quick ratio of 1.00, a current ratio of 2.34 and a debt-to-equity ratio of 0.54. The stock’s 50-day simple moving average is $53.93 and its 200-day simple moving average is $53.67. Astec Industries has a 52 week low of $37.82 and a 52 week high of $65.69.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in shares of Astec Industries by 64.3% during the 1st quarter. Bank of America Corp DE now owns 93,365 shares of the industrial products company’s stock valued at $5,027,000 after purchasing an additional 36,526 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Astec Industries by 41.6% in the first quarter. The Manufacturers Life Insurance Company now owns 9,703 shares of the industrial products company’s stock worth $522,000 after buying an additional 2,849 shares during the last quarter. Maverick Capital Ltd. purchased a new position in Astec Industries during the first quarter worth $510,000. Quantinno Capital Management LP boosted its stake in Astec Industries by 73.2% during the first quarter. Quantinno Capital Management LP now owns 16,696 shares of the industrial products company’s stock worth $899,000 after buying an additional 7,059 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its position in Astec Industries by 32.7% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 23,131 shares of the industrial products company’s stock valued at $1,245,000 after acquiring an additional 5,700 shares during the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.
Astec Industries Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, May 13th. Astec Industries’s dividend payout ratio is currently 46.43%.
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.
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