Analysts have raised their price target for Astec Industries from $48 to $52. They cited improved profit margin projections, which offset slightly lower expectations for revenue growth.
What's in the News
- Astec Industries completed the repurchase of 833,087 shares, representing 3.64% of outstanding shares, for $34.28 million under the buyback announced on July 30, 2018 (Key Developments).
- No additional shares were repurchased from April 1, 2025 to June 30, 2025. No shares were bought during this period (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has increased from $48 to $52, which reflects a higher fair value estimate.
- Discount Rate has risen slightly from 8.13% to 8.23%.
- Revenue Growth expectations have decreased from 7.45% to 6.27%.
- Net Profit Margin is projected to rise from 4.21% to 4.85%.
- Future Price-to-Earnings (P/E) multiple has declined modestly from 20.40x to 19.89x.
Disclaimer
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