Q3 Earnings Forecast for Astec Industries Issued By Sidoti

Astec Industries, Inc. (NASDAQ:ASTE) – Equities research analysts at Sidoti upped their Q3 2026 earnings per share estimates for Astec Industries in a report issued on Monday, July 6th. Sidoti analyst S. Ferazani now anticipates that the industrial products company will post earnings of $0.75 per share for the quarter, up from their prior estimate of $0.74. The consensus estimate for Astec Industries’ current full-year earnings is $3.63 per share. Sidoti also issued estimates for Astec Industries’ Q4 2026 earnings at $1.29 EPS, Q1 2027 earnings at $0.81 EPS and Q4 2027 earnings at $1.33 EPS.

Astec Industries (NASDAQ:ASTE) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.34). The business had revenue of $396.30 million for the quarter, compared to analysts’ expectations of $393.24 million. Astec Industries had a return on equity of 10.09% and a net margin of 1.75%.

ASTE has been the subject of a number of other reports. Longbow Research raised shares of Astec Industries to a “strong-buy” rating in a report on Monday, March 16th. Freedom Capital raised Astec Industries to a “strong-buy” rating in a report on Wednesday, April 1st. Weiss Ratings cut shares of Astec Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. Wall Street Zen downgraded Astec Industries from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research lowered Astec Industries from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. Two equities research 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Astec Industries Stock Down 2.1%

Shares of NASDAQ:ASTE opened at $57.52 on Tuesday. Astec Industries has a 1-year low of $37.82 and a 1-year high of $65.69. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.34 and a quick ratio of 1.00. The stock has a market cap of $1.32 billion, a P/E ratio of 52.23, a P/E/G ratio of 1.44 and a beta of 1.34. The firm has a fifty day moving average price of $53.99 and a 200 day moving average price of $53.61.

Hedge Funds Weigh In On Astec Industries

Several institutional investors and hedge funds have recently modified their holdings of ASTE. Dimensional Fund Advisors LP raised its holdings in Astec Industries by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,433,501 shares of the industrial products company’s stock valued at $77,176,000 after acquiring an additional 22,154 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Astec Industries by 1.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 818,031 shares of the industrial products company’s stock worth $39,372,000 after purchasing an additional 9,174 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Astec Industries by 14.9% during the fourth quarter. Invesco Ltd. now owns 586,160 shares of the industrial products company’s stock worth $25,392,000 after purchasing an additional 75,989 shares during the last quarter. Harvey Partners LLC boosted its holdings in shares of Astec Industries by 48.3% during the third quarter. Harvey Partners LLC now owns 501,000 shares of the industrial products company’s stock worth $24,113,000 after purchasing an additional 163,155 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Astec Industries by 12.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 431,031 shares of the industrial products company’s stock valued at $18,672,000 after purchasing an additional 47,142 shares during the period. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Astec Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.13 per share. The ex-dividend date was Wednesday, May 13th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.9%. Astec Industries’s payout ratio is 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.