Astec Industries, Inc. (ASTE)

Industrials · NMS

$40.24-1.11% today

Price as at 1 Oct 2026, 04:11 UTC. Quotes are delayed.

Fundamentals

Market cap$1.27B
P/E ratio49.2
Dividend yield0.94%
Revenue growth (YoY)+20.3%
Profit margin1.7%
Return on equity3.9%
52-week range$39.72 to $65.69

Valuation and ratings

Fair value estimate$29.51
Upside to fair value-26.7%
Analyst target (mean)$72.50
Analyst range$64.00 to $82.00
Analysts with price targets4
Consensus viewstrong buy
Moat score34/100
Overall rating23/100, very low quality

Fair value: $29.51 (-26.7%), see how we got there

Astec Industries, Inc. trades at $40.24, which is 27% above the $29.51 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 34 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 49.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ASTE dividend history

Dividend yield0.94%
Paid, trailing 12 months$0.520 per share
Most recent payment$0.130, ex 10 Aug 2026
5-year growth (p.a.)-1.1%
Consecutive years paid14

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$0.3903
2025$0.5204
2024$0.5204
2023$0.5204
2022$0.4904
2021$0.4504
2020$0.5505
2019$0.4404
2018$0.4204
2017$0.4004
2016$0.4004

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

ASTE earnings and analyst estimates

EPS estimate, next year$4.21
Expected EPS growth+17.0%
Expected revenue growth+5.5%

Recommendation mix, 2 published ratings

2 buy0 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Astec Industries, Inc.

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,. The Materials Solutions segment offers jaw, cone, heavy-duty, and mining-application crushers; horizontal and vertical shaft impactors; incline, multi-frequency and high frequency, horizontal, and dewatering screens; washing and classifying plants, fines recovery systems, and water clarification systems; radial and telescoping conveyors, pugmills, truck unloaders, hopper feeders ship loaders and unloaders, and bulk receptions feeders; and Rock breaker systems, hydraulic breakers, compactors, and pulverizers. It provides its products to asphalt or concrete producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Industry: Farm & Heavy Construction MachineryEmployees: 4,468HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

ASTE passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

ASTE peers

The largest companies in the same industry (Farm & Heavy Construction Machinery), then in the same sector.

Every industrials company we cover is on the Industrials hub.

Common questions

Is Astec Industries, Inc. (ASTE) undervalued?

Against our fair value estimate of $29.51, ASTE at $40.24 is 27% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own ASTE?

11 of the institutions we track reported a position in ASTE in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is ASTE's P/E ratio?

ASTE trades at 49.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Astec Industries, Inc. (ASTE) pay a dividend?

Yes. Astec Industries, Inc. yields 0.94% at the current share price. It has paid $0.520 per share over the trailing twelve months. It has paid a dividend in each of the last 14 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its ASTE data?

Fundamentals for ASTE come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 04:11 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for ASTE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.