Zacks Research Downgrades Astec Industries (NASDAQ:ASTE) to Strong Sell

Posted by on May 28th, 2026

Astec Industries (NASDAQ:ASTE – Get Free Report) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

ASTE has been the subject of a number of other reports. Freedom Capital upgraded Astec Industries to a “strong-buy” rating in a research note on Wednesday, April 1st. Wall Street Zen downgraded Astec Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings downgraded Astec Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. Finally, Longbow Research raised Astec Industries to a “strong-buy” rating in a report on Monday, March 16th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Read Our Latest Analysis on Astec Industries

Astec Industries Trading Up 0.6%

NASDAQ ASTE opened at $51.07 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 2.34 and a debt-to-equity ratio of 0.54. The firm has a market cap of $1.17 billion, a PE ratio of 45.60, a price-to-earnings-growth ratio of 1.27 and a beta of 1.47. The company has a 50 day moving average price of $54.74 and a 200 day moving average price of $51.54. Astec Industries has a 52 week low of $36.43 and a 52 week high of $65.69.

Astec Industries (NASDAQ:ASTE – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.34). Astec Industries had a return on equity of 10.09% and a net margin of 1.75%.The firm had revenue of $396.30 million for the quarter, compared to the consensus estimate of $393.24 million. As a group, sell-side analysts forecast that Astec Industries will post 3.63 EPS for the current fiscal year.

Insiders Place Their Bets

In other Astec Industries news, insider Edward Terrell Gilbert, Jr. sold 975 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $61.07, for a total transaction of $59,543.25. Following the sale, the insider owned 8,828 shares of the company’s stock, valued at approximately $539,125.96. The trade was a 9.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.99% of the company’s stock.

Institutional Trading of Astec Industries

Several large investors have recently bought and sold shares of the stock. Amalgamated Bank grew its position in Astec Industries by 3.4% during the 3rd quarter. Amalgamated Bank now owns 6,736 shares of the industrial products company’s stock worth $324,000 after purchasing an additional 224 shares during the last quarter. Horizon Investments LLC grew its position in Astec Industries by 2.0% during the 3rd quarter. Horizon Investments LLC now owns 12,236 shares of the industrial products company’s stock worth $587,000 after purchasing an additional 237 shares during the last quarter. Martin & Co. Inc. TN grew its position in Astec Industries by 0.5% during the 3rd quarter. Martin & Co. Inc. TN now owns 80,973 shares of the industrial products company’s stock worth $3,897,000 after purchasing an additional 373 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Astec Industries by 2.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 20,693 shares of the industrial products company’s stock worth $1,114,000 after purchasing an additional 462 shares during the last quarter. Finally, Swiss National Bank grew its position in Astec Industries by 1.5% during the 3rd quarter. Swiss National Bank now owns 39,800 shares of the industrial products company’s stock worth $1,916,000 after purchasing an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Astec Industries Company Profile

(Get Free Report)

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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