Astec Industries, Inc. (ASTE) AI Stock Analysis

Astec Industries, Inc. designs, engineers, manufactures, and distributes equipment and components used in road building and construction. It operates through two segments: Infrastructure Solutions and Materials Solutions. Infrastructure Solutions provides asphalt plants, heaters, concrete dust control systems, asphalt pavers, industrial burners, wood chippers, and milling machines to asphalt producers, highway contractors, utility contractors, and governmental agencies. Materials Solutions designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, modular plants, conveying systems, and plant automation products for mining, quarry operations, and bulk material handling facilities.

Between FY2021 and FY2025, revenue grew from $1.10B to $1.41B, achieving a 5-year CAGR of 6.6%. After revenue declined 2.5% in FY2024 to $1.31B, it rebounded 8.1% in FY2025. Gross margin expanded from 22.8% in FY2021 to 26.5% in FY2025, while operating margin rose from 1.8% to 4.6%. Net income reached $38.8M in FY2025 with diluted EPS of $3.29, up from $4.3M and $2.45 in FY2024. For the trailing twelve months, revenue was $1.56B with an operating margin of 6.3% and EPS of $0.85. In the quarter ended June 30, 2026, revenue increased 23.6% year-over-year, while quarterly earnings fell 37.5%.

As of June 30, 2026, Astec held $78.6M in cash and short-term investments against total debt of $393.4M, resulting in net debt of $314.8M. Total assets stood at $1.42B and shareholders' equity was $689.1M, giving a debt-to-equity ratio of 0.57 and a current ratio of 2.52. In FY2025, operating cash flow improved to $61.4M and free cash flow reached $21.5M. Capital allocation in FY2025 included $39.9M in capital expenditures, $11.9M in dividends paid, and $700,000 in share buybacks.

At $38.22, Astec has a market capitalization of $880.0M and an enterprise value of $1.27B. Its forward P/E of 9.8x and EV/EBITDA of 11.4x compare to median values of 17.2x and 13.9x for US-listed Industrials peers, while its trailing P/E of 45.0x sits above the peer median of 24.8x. Astec has a price-to-sales multiple of 0.6x compared to 1.5x for peers. Over the past year, ASTE returned -19.1%, while the S&P 500 returned 16.8%. Over five years, the stock dropped 21.5% compared to an 83.0% gain for the S&P 500.

Astec pays a forward annual dividend of $0.52 per share, representing a 1.36% dividend yield and a payout ratio of 17.3%. Dividends are distributed quarterly and have been paid for 15 consecutive years. Over the past 5 years, the dividend decreased at an annualized rate of 1.1%. The most recent ex-dividend date was August 10, 2026.

Wall Street coverage includes 2 Strong Buy ratings, with no Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $67.25, representing an upside of 76.0% from the close of $38.22. For the fiscal year ending December 31, 2026, analysts estimate revenue of $1.62B and EPS of $3.28. For next fiscal year, 4 analysts estimate revenue of $1.72B and EPS of $3.98. Astec beat EPS estimates in 2 of the past 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of Astec Industries, Inc. (ASTE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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