Astec Industries (NASDAQ:ASTE – Get Free Report) is expected to be issuing its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $1.05 per share and revenue of $405.4980 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:30 AM ET.
Astec Industries (NASDAQ:ASTE – Get Free Report) last released its earnings results on Wednesday, May 6th. The industrial products company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.34). The business had revenue of $396.30 million during 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%. On average, analysts expect Astec Industries to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Astec Industries Stock Up 3.7%
Shares of ASTE opened at $52.55 on Tuesday. The firm has a market capitalization of $1.21 billion, a P/E ratio of 46.92, a P/E/G ratio of 1.27 and a beta of 1.36. Astec Industries has a 12-month low of $38.09 and a 12-month high of $65.69. The company has a current ratio of 2.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average price of $54.63 and a 200-day moving average price of $54.86.
Astec Industries Dividend Announcement
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Weiss Ratings cut shares of Astec Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Wall Street Zen downgraded shares of Astec Industries from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Zacks Research upgraded Astec Industries from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy”.
Read Our Latest Research Report on Astec Industries
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in ASTE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Astec Industries by 1.1% during the 3rd 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. grew its stake in Astec Industries by 14.9% in the fourth quarter. Invesco Ltd. now owns 586,160 shares of the industrial products company’s stock valued at $25,392,000 after purchasing an additional 75,989 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in 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 last quarter. Millennium Management LLC raised its holdings in Astec Industries by 142.3% in the fourth quarter. Millennium Management LLC now owns 347,231 shares of the industrial products company’s stock worth $15,042,000 after purchasing an additional 203,911 shares in the last quarter. Finally, Segall Bryant & Hamill LLC raised its holdings in Astec Industries by 13.5% in the fourth quarter. Segall Bryant & Hamill LLC now owns 237,902 shares of the industrial products company’s stock worth $10,306,000 after purchasing an additional 28,234 shares in the last quarter. 93.16% of the stock is currently owned by hedge funds and other institutional investors.
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.
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