Q3 Earnings Forecast for Astec Industries Issued By Sidoti

Astec Industries, Inc. (NASDAQ:ASTE) – Equities researchers at Sidoti lowered their Q3 2026 earnings per share estimates for shares of Astec Industries in a research report issued on Wednesday, October 21st. Sidoti analyst S. Ferazani now anticipates that the industrial products company will post earnings per share of $0.50 for the quarter, down from their prior estimate of $0.51. The consensus estimate for Astec Industries’ current full-year earnings is $3.36 per share. Sidoti also issued estimates for Astec Industries’ FY2026 earnings at $3.35 EPS and Q3 2027 earnings at $0.55 EPS.

ASTE has been the subject of a number of other research reports. Weiss Ratings restated a “hold (c)” rating on shares of Astec Industries in a research note on Tuesday, August 4th. Zacks Research raised shares of Astec Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Wall Street Zen lowered shares of Astec Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Astec Industries has a consensus rating of “Buy”.

Astec Industries Stock Up 0.8%

ASTE opened at $39.56 on Thursday. Astec Industries has a fifty-two week low of $38.06 and a fifty-two week high of $65.69. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.52 and a quick ratio of 1.10. The firm’s fifty day moving average price is $41.45 and its two-hundred day moving average price is $49.75. The company has a market capitalization of $910.87 million, a P/E ratio of 46.54, a P/E/G ratio of 1.06 and a beta of 1.33.

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

Astec Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 10th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, August 10th. Astec Industries’s payout ratio is currently 61.18%.

Institutional Investors Weigh In On Astec Industries

A number of hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in Astec Industries by 17.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,308 shares of the industrial products company’s stock valued at $93,000 after purchasing an additional 338 shares during the last quarter. Allworth Financial LP bought a new stake in Astec Industries during the second quarter worth about $25,000. Nykredit A S acquired a new stake in shares of Astec Industries during the second quarter worth approximately $25,000. Janney Montgomery Scott LLC increased its holdings in shares of Astec Industries by 2.3% during the first quarter. Janney Montgomery Scott LLC now owns 20,693 shares of the industrial products company’s stock worth $1,114,000 after buying an additional 462 shares in the last quarter. Finally, Fortitude Family Office LLC raised its stake in shares of Astec Industries by 1,128.8% in the third quarter. Fortitude Family Office LLC now owns 639 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 587 shares during the last quarter. Institutional investors and hedge funds own 93.16% of the company’s stock.

About Astec Industries

Astec Industries, Inc (NASDAQ: ASTE) designs, engineers and manufactures equipment used in the construction of roads, bridges and other infrastructure. The company serves businesses involved in the production and processing of aggregates, asphalt, concrete and other construction materials.

Its product portfolio includes asphalt plants and related equipment, concrete production systems, aggregate crushing, screening and material-handling equipment, wood-processing equipment, and machinery used in road construction and rehabilitation.