Astec Industries (NASDAQ:ASTE) Issues Earnings Results

Astec Industries (NASDAQ:ASTE) issued its quarterly earnings results on Wednesday. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.32, FiscalAI reports. Astec Industries had a return on equity of 11.35% and a net margin of 2.75%.The firm had revenue of $400.60 million during the quarter, compared to analyst estimates of $374.21 million.

Here are the key takeaways from Astec Industries’ conference call:

• Astec reported a record fourth quarter with $400.6 million in net sales and full-year Adjusted EBITDA of $140.7 million (upper end of guidance), and provided 2026 Adjusted EBITDA guidance of $170M–$190M.
• Backlog grew to $514 million (up 14.4% sequential, 22.5% YoY) with a consolidated book-to-bill of 116%, while parts sales—high-margin, recurring revenue—rose 19.7% in Q4 and represented 30.7% of 2025 net sales.
• Strategic acquisitions (TerraSource and CWMF, together representing >$200M in annual revenue) are being integrated and expected to be accretive in 2026, with TerraSource fill-rate and cross-selling efforts progressing.
• Demand remains uneven—forestry and mobile paving equipment were challenged and backlogs in those product lines are still at the lower end of historical ranges, and longer-term upside depends on timely renewal of the U.S. surface transportation reauthorization (current bill expires Sept 30, 2026).
• Balance sheet and liquidity are strong with $70M cash, $244.7M available credit (total liquidity $314.7M) and net debt/Adjusted EBITDA around 2x, providing capacity to fund organic investments (CapEx guide $40M–$50M) and further M&A.

Astec Industries Trading Down 1.8%

ASTE traded down $1.12 on Friday, hitting $61.22. 30,625 shares of the company were exchanged, compared to its average volume of 195,382. The firm has a fifty day simple moving average of $51.01 and a two-hundred day simple moving average of $47.73. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.01 and a current ratio of 2.49. Astec Industries has a 12 month low of $29.65 and a 12 month high of $64.37. The stock has a market capitalization of $1.40 billion, a PE ratio of 36.40, a price-to-earnings-growth ratio of 2.65 and a beta of 1.45.

Astec Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 9th will be issued a dividend of $0.13 per share. The ex-dividend date is Monday, March 9th. This represents a $0.52 annualized dividend and a yield of 0.8%. Astec Industries’s dividend payout ratio is currently 25.00%.

Key Astec Industries News

Here are the key news stories impacting Astec Industries this week:

• Positive Sentiment: Sidoti raised near‑term EPS forecasts across several quarters (examples: Q2 2026 to $1.12 from $0.98; Q1 2027 to $1.05 from $0.97; Q2 2027 to $1.14; Q3 2026/Q3 2027 modestly higher). Analyst upgrades signal improved expectations for revenue/earnings momentum.
• Positive Sentiment: Astec reported stronger-than-expected Q4 results and revenue growth, beating consensus EPS and revenue metrics. Article Title
• Positive Sentiment: Management highlighted record sales, a growing backlog and acquisitions and set a 2026 adjusted EBITDA target of $170M–$190M, supporting upside to profitability expectations. Article Title
• Neutral Sentiment: News flow includes multiple earnings call transcripts, presentation slides and media summaries — useful for modeling but not immediately directional by themselves. Earnings Call Transcript
• Neutral Sentiment: Short‑interest data in the feed appears to show no meaningful days‑to‑cover (data glitch/unusual reporting); this item is unlikely to be a driver absent clearer short interest changes.
• Negative Sentiment: Some outlets/transcripts reported conflicting earnings details (one transcript flagged a miss), creating mixed messaging that can spook traders and trigger profit-taking after the stock recently hit a 12‑month high. 12-Month High Article Transcript Reporting

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Wall Street Zen cut Astec Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Astec Industries in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Astec Industries has an average rating of “Hold”.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. iSAM Funds UK Ltd bought a new stake in Astec Industries during the 3rd quarter valued at $50,000. Tower Research Capital LLC TRC increased its holdings in Astec Industries by 412.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,212 shares of the industrial products company’s stock valued at $92,000 after purchasing an additional 1,780 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Astec Industries during the 4th quarter valued at approximately $127,000. Quadrant Capital Group LLC bought a new stake in shares of Astec Industries in the 3rd quarter worth approximately $203,000. Finally, State of Wyoming purchased a new position in shares of Astec Industries during the second quarter valued at approximately $206,000. 93.16% of the stock is owned by hedge funds and other institutional investors.

Astec Industries Company Profile

Astec Industries, Inc is a designer and manufacturer of specialized equipment for infrastructure-related markets. Headquartered in Chattanooga, Tennessee, the company develops, engineers and produces machinery for asphalt road-building, aggregate processing, concrete production, underground mining, landscaping and utility installation. Astec’s product portfolio includes asphalt plants, portable crushers, conveyors, screening plants, mixers, continuous miners and related support equipment.

Organized into multiple operating segments—Roadbuilding; Aggregate & Mining; Energy; and Pavement Preservation & Maintenance—Astec Industries serves contractors and municipalities that build and maintain transportation, energy and utility networks.