Astec Industries’ analyst price target has increased from $52.00 to $54.50, as analysts cite slightly improved growth and valuation assumptions.
What's in the News
- Astec Industries completed the repurchase of 833,087 shares, representing 3.64% of shares outstanding, for $34.28 million as part of the buyback program announced on July 30, 2018 (Key Developments).
- Between April 1, 2025 and June 30, 2025, the company did not repurchase any additional shares through this buyback initiative (Key Developments).
Valuation Changes
- Fair Value Estimate has risen slightly, from $52.00 to $54.50.
- Discount Rate has increased marginally, from 8.23% to 8.27%.
- Revenue Growth assumption has edged up, from 6.27% to 6.34%.
- Net Profit Margin forecast declined slightly, moving from 4.85% to 4.84%.
- Future Price-to-Earnings (P/E) multiple increased, from 19.89x to 20.87x.
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