Q1 EPS Forecast for Astec Industries Increased by Analyst

Astec Industries, Inc. (NASDAQ:ASTE) – Sidoti raised their Q1 2027 earnings estimates for shares of Astec Industries in a research report issued to clients and investors on Tuesday, March 24th. Sidoti analyst S. Ferazani now forecasts that the industrial products company will earn $1.06 per share for the quarter, up from their prior estimate of $1.05. Sidoti also issued estimates for Astec Industries’ Q4 2027 earnings at $1.46 EPS.

Several other equities analysts have also issued reports on ASTE. Zacks Research upgraded shares of Astec Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. Wall Street Zen upgraded Astec Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Astec Industries in a research note on Monday, December 29th. Finally, Longbow Research upgraded Astec Industries to a “strong-buy” rating in a research report on Monday, March 16th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Astec Industries Trading Up 2.4%

ASTE opened at $53.80 on Wednesday. Astec Industries has a twelve month low of $29.65 and a twelve month high of $64.37. The company has a fifty day moving average of $54.74 and a 200-day moving average of $49.10. The stock has a market cap of $1.23 billion, a PE ratio of 32.02, a price-to-earnings-growth ratio of 1.99 and a beta of 1.38. The company has a quick ratio of 1.07, a current ratio of 2.49 and a debt-to-equity ratio of 0.47.

Astec Industries (NASDAQ:ASTE) last issued its quarterly earnings results on Wednesday, February 25th. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.32. Astec Industries had a net margin of 2.75% and a return on equity of 11.35%. The firm had revenue of $400.60 million for the quarter, compared to the consensus estimate of $374.21 million.

Astec Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 9th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.52 annualized dividend and a yield of 1.0%. Astec Industries’s dividend payout ratio is currently 30.95%.

Insider Buying and Selling

In other Astec Industries news, insider Edward Terrell Gilbert, Jr. sold 975 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $61.07, for a total value of $59,543.25. Following the completion of the sale, the insider directly owned 8,828 shares in the company, valued at approximately $539,125.96. This trade represents a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.99% of the company’s stock.

Hedge Funds Weigh In On Astec Industries

A number of institutional investors and hedge funds have recently made changes to their positions in ASTE. iSAM Funds UK Ltd acquired a new stake in shares of Astec Industries in the 3rd quarter valued at about $50,000. Farther Finance Advisors LLC raised its stake in Astec Industries by 8,994.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,546 shares of the industrial products company’s stock worth $67,000 after buying an additional 1,529 shares during the period. Tower Research Capital LLC TRC raised its stake in Astec Industries by 412.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,212 shares of the industrial products company’s stock worth $92,000 after buying an additional 1,780 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Astec Industries in the fourth quarter worth approximately $127,000. Finally, SG Americas Securities LLC bought a new position in Astec Industries in the third quarter worth approximately $136,000. Institutional investors own 93.16% of the company’s stock.

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.