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Astec Industries, Inc.NasdaqGS:ASTE Stock Report

Market Cap US$1.1b
Share Price
US$49.89
US$71.75
30.5% undervalued intrinsic discount
1Y18.1%
7D-5.9%
Portfolio Value
View

Astec Industries, Inc.

NasdaqGS:ASTE Stock Report

Market Cap: US$1.1b

Astec Industries (ASTE) Stock Overview

Designs, engineers, manufactures, markets, and services equipment and components used primarily in road building and related construction activities worldwide. More details

ASTE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends4/6

ASTE Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Astec Industries, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Astec Industries
Historical stock prices
Current Share PriceUS$49.89
52 Week HighUS$65.69
52 Week LowUS$36.43
Beta1.48
1 Month Change-19.05%
3 Month Change-15.83%
1 Year Change18.14%
3 Year Change26.50%
5 Year Change-25.63%
Change since IPO1,435.08%

Recent News & Updates

Narrative Update May 03

ASTE: Analyst Day Framework Will Support Upside Under Stable Core Assumptions

Analysts have maintained their $71.75 price target for Astec Industries, making only minor adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions, without changing their overall view of the stock. What's in the News Astec Industries plans an Analyst and Investor Day focused on its strategic priorities, operational initiatives, and long term growth framework, giving you a structured look at how management is thinking about the business (Key Developments).

Recent updates

Narrative Update May 03

ASTE: Analyst Day Framework Will Support Upside Under Stable Core Assumptions

Analysts have maintained their $71.75 price target for Astec Industries, making only minor adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions, without changing their overall view of the stock. What's in the News Astec Industries plans an Analyst and Investor Day focused on its strategic priorities, operational initiatives, and long term growth framework, giving you a structured look at how management is thinking about the business (Key Developments).
Narrative Update Apr 19

ASTE: Stable Assumptions And Future P/E Support Continued Upside Potential

Analysts maintained their $71.75 price target for Astec Industries, as only minor model adjustments to the discount rate, revenue growth, profit margin, and future P/E left their overall valuation view essentially unchanged. Valuation Changes Fair Value: Model fair value remains steady at $71.75, indicating no change in the headline valuation output.
Narrative Update Apr 05

ASTE: Higher Future P E Assumptions Will Support Long Term Upside

Astec Industries' analyst price target has been adjusted from $73.67 to $71.75. This change reflects analysts' updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Mar 22

ASTE: Higher Assumed Profitability And Lower Future P/E Will Support Long Term Upside

Analysts have trimmed their price target on Astec Industries from $75.50 to about $73.67. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 07

ASTE: Higher Assumed Profitability Will Support Stronger Long Term Fair Value Outlook

Analysts have lifted their price target for Astec Industries from $56.50 to $75.50, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E multiples that point to a higher assessed fair value for the shares. Valuation Changes Fair Value: revised from $56.50 to $75.50, indicating a higher assessed value per share.
Seeking Alpha Feb 23

Astec Industries' Surge Was Well-Deserved, And More Upside Is Warranted

Summary Astec Industries remains a soft ‘buy’ after a 63.5% gain since April 2023, supported by attractive valuation and acquisition-driven growth. Recent results show Q3 revenue up 20.1% to $350.1M, with EBITDA rising to $27.1M, though much of the growth is acquisition-related. Organic growth stands at 5.9%, but backlog contraction and macro headwinds suggest near-term softness, partially offset by infrastructure spending tailwinds. ASTE trades at the lowest price-to-operating-cash-flow among peers, with 2025 EBITDA guided to $132–$142M, and further impact expected from the CWMF acquisition. Read the full article on Seeking Alpha
Narrative Update Feb 21

ASTE: Stable Long Term Assumptions Will Support Measured Fair Value Outlook

Analysts have modestly reduced their price target for Astec Industries, trimming it by about $1 to reflect slightly lower assumed future P/E multiples and minor adjustments to the discount rate and long term profitability assumptions. Valuation Changes Fair Value: $56.50 remains unchanged, with no revision to the estimated intrinsic value per share.
Narrative Update Feb 04

ASTE: Steady Long Term Assumptions Will Support Balanced Fair Value Outlook

Analysts have maintained their fair value estimate for Astec Industries at US$56.50. They have made only very small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any meaningful change in their overall view of the company.
Analysis Article Jan 29

Astec Industries, Inc.'s (NASDAQ:ASTE) Business And Shares Still Trailing The Industry

When you see that almost half of the companies in the Machinery industry in the United States have price-to-sales...
Narrative Update Jan 21

ASTE: Completed Buyback And Steady Assumptions Will Support Further Upside

Analysts have maintained their fair value estimate for Astec Industries at US$56.50, with only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. This reflects a broadly steady view of the company’s long term outlook.
Narrative Update Jan 07

ASTE: Completed Buyback And Stable Assumptions Will Support Further Upside

Analysts have modestly revised their price assumptions for Astec Industries, adjusting their models to reflect a slightly higher discount rate and future P/E expectations. This in turn feeds through to a recalibrated analyst price target in line with updated views on risk and earnings power.
Analysis Article Jan 01

Is Astec Industries, Inc. (NASDAQ:ASTE) Trading At A 25% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Astec Industries fair value estimate is US$57.82 Astec...
Narrative Update Dec 15

ASTE: Lower Risk And Buyback Completion Will Support Future Upside

Analysts have nudged their price target on Astec Industries modestly higher to about $56.50, citing slightly lower perceived risk and a stable outlook for long term growth and profitability. What's in the News Astec Industries reported that between July 1, 2025 and September 30, 2025, it repurchased zero shares under its existing buyback program, indicating a pause in recent repurchase activity (Key Developments).
Narrative Update Nov 30

ASTE: Higher Discount Rate Will Support Upside Momentum For Shares

Analysts have slightly increased their price target for Astec Industries to $56.50, citing modest adjustments to the discount rate and long-term valuation assumptions. Valuation Changes Fair Value: Remains unchanged at $56.50.
Narrative Update Nov 16

ASTE: Raised Profit Margin Forecast Will Drive Shares Higher

Narrative Update on Astec Industries: Analyst Price Target Revision Analysts have raised their price target for Astec Industries from $54.50 to $56.50. They cite improved profit margin forecasts, which offset slightly reduced revenue growth expectations.
Analysis Article Nov 12

We Think Astec Industries' (NASDAQ:ASTE) Profit Is Only A Baseline For What They Can Achieve

Even though Astec Industries, Inc.'s ( NASDAQ:ASTE ) recent earnings release was robust, the market didn't seem to...
Narrative Update Nov 01

ASTE: Share Buyback Completion And Steady Outlook Will Drive Future Upside

Astec Industries' analyst price target remains unchanged at $54.50. Analysts maintain their outlook based on stable assumptions for revenue growth, profit margin, and future earnings multiples.
Narrative Update Oct 18

US Infrastructure Bills And Urban Investment Will Fuel Sustainable Construction

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).
Narrative Update Oct 04

US Infrastructure Bills And Urban Investment Will Fuel Sustainable Construction

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.
Narrative Update Aug 27

US Infrastructure Bills And Urban Investment Will Fuel Sustainable Construction

Despite a notable reduction in revenue growth forecasts and a higher future P/E multiple, the consensus analyst price target for Astec Industries has increased from $44.50 to $48.00. Valuation Changes Summary of Valuation Changes for Astec Industries The Consensus Analyst Price Target has risen from $44.50 to $48.00.
Analysis Article Aug 01

Astec Industries (NASDAQ:ASTE) Is Paying Out A Dividend Of $0.13

The board of Astec Industries, Inc. ( NASDAQ:ASTE ) has announced that it will pay a dividend on the 29th of August...
Analysis Article Jul 17

We Think Astec Industries (NASDAQ:ASTE) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
User avatar
New Narrative May 28

North American Infrastructure And Aftermarket Focus Will Drive Stability

Expansion in aftermarket parts and the TerraSource acquisition are set to strengthen margins, diversify markets, and offer greater earnings stability.
Analysis Article May 25

Is Now The Time To Look At Buying Astec Industries, Inc. (NASDAQ:ASTE)?

While Astec Industries, Inc. ( NASDAQ:ASTE ) might not have the largest market cap around , it saw a significant share...
Analysis Article May 06

Astec Industries (NASDAQ:ASTE) Has Affirmed Its Dividend Of $0.13

Astec Industries, Inc. ( NASDAQ:ASTE ) has announced that it will pay a dividend of $0.13 per share on the 30th of May...
Seeking Alpha Apr 30

Astec Industries Just Earned A Rare Double-Upgrade

Summary Astec Industries has shown significant improvement, with Q1 2025 revenue up 6.5% and earnings per share rising from $0.15 to $0.62. Despite past bearish ratings, recent performance and a strategic acquisition of TerraSource Holdings justify upgrading Astec Industries to a soft 'buy'. ASTE's Infrastructure Solutions segment grew 16.7%, offsetting weaknesses in Materials Solutions, and management's initiatives are clearly paying off. Risks include potential tariff impacts and a declining backlog, but management's proactive measures and optimistic outlook support the bullish stance. Read the full article on Seeking Alpha
Analysis Article Apr 16

Astec Industries, Inc. (NASDAQ:ASTE) Could Be Riskier Than It Looks

With a price-to-sales (or "P/S") ratio of 0.6x Astec Industries, Inc. ( NASDAQ:ASTE ) may be sending bullish signals at...
Analysis Article Feb 25

A Look At The Intrinsic Value Of Astec Industries, Inc. (NASDAQ:ASTE)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Astec Industries fair value estimate is US$33.04 Current share...
Analysis Article Jan 19

Investors Will Want Astec Industries' (NASDAQ:ASTE) Growth In ROCE To Persist

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 18

What Does Astec Industries, Inc.'s (NASDAQ:ASTE) Share Price Indicate?

Astec Industries, Inc. ( NASDAQ:ASTE ), is not the largest company out there, but it saw a decent share price growth of...
Analysis Article Nov 26

Further Upside For Astec Industries, Inc. (NASDAQ:ASTE) Shares Could Introduce Price Risks After 25% Bounce

Astec Industries, Inc. ( NASDAQ:ASTE ) shares have had a really impressive month, gaining 25% after a shaky period...
Analysis Article Oct 29

Astec Industries (NASDAQ:ASTE) Is Paying Out A Dividend Of $0.13

The board of Astec Industries, Inc. ( NASDAQ:ASTE ) has announced that it will pay a dividend of $0.13 per share on the...
Seeking Alpha Oct 28

Astec Industries: Still Driving Down An Ugly Path

Summary Despite Astec Industries' attractive pricing, ongoing financial instability and declining profitability justify maintaining a 'sell' rating until signs of recovery emerge. Revenue and profits have declined, with a significant net loss and reduced operating cash flow, highlighting the company's deteriorating financial condition. The backlog continues to shrink, indicating persistent challenges, though analysts foresee potential improvement in upcoming financial results. Stability and improved financial metrics in the next quarter could prompt an upgrade to 'hold,' but caution remains warranted for now. Read the full article on Seeking Alpha
Analysis Article Sep 05

Is Astec Industries (NASDAQ:ASTE) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Aug 03

Astec Industries (NASDAQ:ASTE) Will Pay A Dividend Of $0.13

The board of Astec Industries, Inc. ( NASDAQ:ASTE ) has announced that it will pay a dividend of $0.13 per share on the...
Analysis Article Jul 15

Why Astec Industries, Inc. (NASDAQ:ASTE) Could Be Worth Watching

While Astec Industries, Inc. ( NASDAQ:ASTE ) might not have the largest market cap around , it received a lot of...
Seeking Alpha Jun 21

Astec Industries: Expect Underperformance To Continue For As Long As Backlog Is Declining

Summary Astec Industries has been underperforming the broader market by quite a bit in recent months due to weak financial results. Despite improved 2023 fiscal year results, 2024 is showing signs of trouble with falling backlog and declining revenue and profits. The company's valuation looks fairly valued compared to similar firms, but with ongoing issues, keeping the 'sell' rating for now seems prudent. Read the full article on Seeking Alpha
Analysis Article May 04

Astec Industries, Inc. (NASDAQ:ASTE) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing

Astec Industries, Inc. ( NASDAQ:ASTE ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article May 03

Astec Industries (NASDAQ:ASTE) Has Announced A Dividend Of $0.13

The board of Astec Industries, Inc. ( NASDAQ:ASTE ) has announced that it will pay a dividend on the 31st of May, with...
Analysis Article Apr 25

Astec Industries (NASDAQ:ASTE) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

ASTEUS MachineryUS Market
7D-5.9%-3.5%0.5%
1Y18.1%42.4%25.4%

Return vs Industry: ASTE underperformed the US Machinery industry which returned 42.4% over the past year.

Return vs Market: ASTE underperformed the US Market which returned 25.4% over the past year.

Price Volatility

Is ASTE's price volatile compared to industry and market?
ASTE volatility
ASTE Average Weekly Movement7.3%
Machinery Industry Average Movement6.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: ASTE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ASTE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19724,468Jaco van der Merwewww.astecindustries.com

Astec Industries, Inc. designs, engineers, manufactures, markets, and services equipment and components used primarily in road building and related construction activities worldwide. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants, cold central plant recycles systems, and soil remediation plants; concrete batch plants, liquid asphalt terminals, and thermal fluid heaters; asphalt pavers, material transfer vehicles, and milling machines; and industrial automation controls and telematics platforms, as well as engineering and environmental permitting, various plants components, polymer plants, heat recovery units, industrial and asphalt burners and systems, wood chippers and grinders, and blower trucks and trailers,.

Astec Industries, Inc. Fundamentals Summary

How do Astec Industries's earnings and revenue compare to its market cap?
ASTE fundamental statistics
Market capUS$1.13b
Earnings (TTM)US$25.80m
Revenue (TTM)US$1.48b
44.5x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASTE income statement (TTM)
RevenueUS$1.48b
Cost of RevenueUS$1.09b
Gross ProfitUS$389.70m
Other ExpensesUS$363.90m
EarningsUS$25.80m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.12
Gross Margin26.38%
Net Profit Margin1.75%
Debt/Equity Ratio57.9%

How did ASTE perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
46%
Payout Ratio

Does ASTE pay a reliable dividends?

See ASTE dividend history and benchmarks
When do you need to buy ASTE by to receive an upcoming dividend?
Astec Industries dividend dates
Ex Dividend DateMay 13 2026
Dividend Pay DateMay 29 2026
Days until Ex dividend2 days
Days until Dividend pay date14 days

Does ASTE pay a reliable dividends?

See ASTE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 22:53
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Astec Industries, Inc. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Walter LiptakBarrington Research Associates, Inc.
Eric ProutyCanaccord Genuity
Jason UrsanerCJS Securities, Inc.