Astec Industries (ASTE) to Release Quarterly Earnings on Tuesday

Astec Industries (NASDAQ:ASTE - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect Astec Industries to post earnings of $0.46 per share and revenue of $320.40 million for the quarter.

Astec Industries (NASDAQ:ASTE - Get Free Report) last announced its earnings results on Wednesday, February 26th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.46. The business had revenue of $359.00 million for the quarter, compared to analyst estimates of $374.10 million. Astec Industries had a negative net margin of 0.15% and a positive return on equity of 7.69%.

Astec Industries Price Performance

ASTE traded down $0.26 on Friday, reaching $35.40. 74,645 shares of the company's stock were exchanged, compared to its average volume of 159,541. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.47 and a quick ratio of 0.91. The stock's fifty day moving average price is $34.41 and its 200-day moving average price is $34.47. The stock has a market cap of $807.26 million, a PE ratio of -442.44 and a beta of 1.39. Astec Industries has a twelve month low of $28.46 and a twelve month high of $43.18.

Astec Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were given a $0.13 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.52 dividend on an annualized basis and a yield of 1.47%. Astec Industries's dividend payout ratio is currently 273.68%.

Analyst Ratings Changes

Several research analysts have commented on ASTE shares. StockNews.com upgraded shares of Astec Industries from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th. Robert W. Baird boosted their price objective on shares of Astec Industries from $40.00 to $41.00 and gave the company a "neutral" rating in a research note on Thursday, February 27th.

About Astec Industries

Astec Industries, Inc designs, engineers, manufactures, and markets 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 and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services.