Sidoti Has Pessimistic Outlook of ASTE FY2026 Earnings

Astec Industries, Inc. (NASDAQ:ASTE) – Equities researchers at Sidoti lowered their FY2026 earnings per share (EPS) estimates for Astec Industries in a research report issued on Thursday, August 6th. Sidoti analyst S. Ferazani now expects that the industrial products company will post earnings per share of $3.36 for the year, down from their prior forecast of $3.63. 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 $1.37 EPS and FY2027 earnings at $3.84 EPS.

Astec Industries (NASDAQ:ASTE) last announced 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 company had revenue of $408.10 million for the quarter, compared to the consensus estimate of $405.50 million. Astec Industries had a return on equity of 10.26% and a net margin of 1.26%.During the same quarter in the prior year, the company earned $0.72 EPS.

Several other research firms have also issued reports on ASTE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Astec Industries in a research report on Tuesday. Wall Street Zen downgraded shares of Astec Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Zacks Research upgraded shares of Astec Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Astec Industries Price Performance

NASDAQ:ASTE opened at $44.18 on Friday. Astec Industries has a 1-year low of $39.44 and a 1-year high of $65.69. The company has a current ratio of 2.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm has a fifty day simple moving average of $54.41 and a 200 day simple moving average of $54.82. The stock has a market capitalization of $1.02 billion, a PE ratio of 51.98, a P/E/G ratio of 1.13 and a beta of 1.36.

Astec Industries Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 10th. Astec Industries’s payout ratio is currently 61.18%.

Institutional Trading of Astec Industries

Hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new stake in Astec Industries during the 2nd quarter worth approximately $13,538,000. Millennium Management LLC increased its position in Astec Industries by 142.3% during the 4th quarter. Millennium Management LLC now owns 347,231 shares of the industrial products company’s stock worth $15,042,000 after buying an additional 203,911 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Astec Industries by 2,165.0% during the second quarter. Assenagon Asset Management S.A. now owns 146,796 shares of the industrial products company’s stock worth $8,982,000 after buying an additional 140,315 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Astec Industries by 184.2% in the fourth quarter. JPMorgan Chase & Co. now owns 191,498 shares of the industrial products company’s stock valued at $8,296,000 after acquiring an additional 124,111 shares in the last quarter. Finally, Invesco Ltd. increased its position in Astec Industries by 29.9% during the second quarter. Invesco Ltd. now owns 494,814 shares of the industrial products company’s stock worth $20,629,000 after acquiring an additional 113,765 shares during the period. Institutional investors and hedge funds own 93.16% of the company’s stock.

Astec Industries News Roundup

Here are the key news stories impacting Astec Industries this week:

• Positive Sentiment: Astec forecast 2026 adjusted EBITDA of $160 million to $175 million, suggesting meaningful profit potential. Management cited asphalt plant delivery timing shifts, which could defer some results but may support future revenue recognition. Astec forecasts 2026 adjusted EBITDA
• Positive Sentiment: Second-quarter revenue was $408.1 million, exceeding the approximately $405.5 million analyst consensus. EPS also improved from the year-earlier period, indicating underlying earnings growth despite the quarterly shortfall. Astec Reports Second Quarter 2026 Results
• Neutral Sentiment: Astec was included in a list of dividend stocks highlighted for investors seeking August income. The coverage may attract attention from income-oriented investors, although the article does not provide a new dividend announcement or change in payout policy. Dividend stocks for August income
• Negative Sentiment: Second-quarter EPS was $0.94, below consensus estimates ranging from $1.04 to $1.05. The miss, combined with relatively thin net margins, is likely the primary near-term pressure on the stock. Astec Q2 earnings miss estimates
• Negative Sentiment: Plant delivery shifts create uncertainty around the timing of revenue and earnings, while the shares’ elevated valuation—about 52 times earnings—leaves less room for execution disappointments.

Astec Industries Company Profile

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.