ASTEC INDUSTRIES INC
Astec designs, engineers, manufactures, markets and services equipment and components used in road building, construction and related industries. It serves asphalt and concrete producers, contractors, material producers, mining and quarry operators, forestry and recycling businesses, ports, power stations and government agencies. Astec is headquartered in Chattanooga, Tennessee. Astec operates two reportable segments. Infrastructure Solutions offers asphalt and concrete plants and equipment, road construction and forestry machinery, heating and combustion systems, automation controls and telematics. Materials Solutions makes crushing, screening, washing, material-handling and breaking equipment for aggregate and minerals processing, and provides turnkey processing systems. Astec earns money from equipment and component sales, replacement parts, installation, service and technical support, and consulting and engineering services. It markets products through direct and dealer sales staff, independent distributors and international distribution sites.
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
No SEC Form 4 filings for $ASTE in the last 30 days.
See all $ASTE insider activity →Freedom Broker kept Astec Industries at Buy but cut its price target to $52 from $60, a 13.3% reduction. This implies a 45.6% upside from the Nov 6 close of $35.71, according to the firm.
ASTE reported Q3 2026 revenue of $352.4M, missing estimates by 6.1%, with adjusted EPS of -$0.01 vs. $0.47 expected. Adjusted EBITDA was $18.9M, a 39.7% miss. Operating margin fell to -0.9%. Backlog surged 49.2% YoY to $670.5M. Management cited delayed asphalt plant orders and input cost inflation as challenges, but expects margin recovery and growth from backlog conversion.
Astec (ASTE) reported Q3 2026 net sales of $352M, up 0.7% YoY, with adjusted EBITDA of $18.9M (5.4% margin). Despite near-term inflation and supply chain challenges, the company expects improved EBITDA performance in Q4 and 2027. Full-year EBITDA guidance was revised to $140M-$150M. Infrastructure and data center demand remain strong, while macroeconomic headwinds persist.
Over the past 7 days, AlphAI's AI scored 9 news stories mentioning ASTE (ASTEC INDUSTRIES INC). Coverage has skewed bearish: 1 bullish, 1 neutral, and 7 bearish.
Recent ASTE coverage spans earnings, financial news and corporate actions.
Freedom Broker kept Astec Industries at Buy but cut its price target to $52 from $60, a 13.3% reduction. This implies a 45.6% upside from the Nov 6 close of $35.71, according to the firm.
The earnings miss and negative operating margin suggest short-term pressure, while the strong backlog may support a rebound in coming quarters.
Guidance cut signals weaker earnings outlook, likely prompting sell pressure.
Guidance beat expectations, suggesting upside potential.
Earnings miss drives negative sentiment and potential short-term price decline.
AlphAI scores every news story that mentions ASTE with an AI model for sentiment and relevance, and aggregates insider trades from ASTEC INDUSTRIES INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Freedom Broker kept Astec Industries at Buy but cut its price target to $52 from $60, a 13.3% reduction. This implies a 45.6% upside from the Nov 6 close of $35.71, according to the firm.
ASTE reported Q3 2026 revenue of $352.4M, missing estimates by 6.1%, with adjusted EPS of -$0.01 vs. $0.47 expected. Adjusted EBITDA was $18.9M, a 39.7% miss. Operating margin fell to -0.9%. Backlog surged 49.2% YoY to $670.5M. Management cited delayed asphalt plant orders and input cost inflation as challenges, but expects margin recovery and growth from backlog conversion.
Astec (ASTE) reported Q3 2026 net sales of $352M, up 0.7% YoY, with adjusted EBITDA of $18.9M (5.4% margin). Despite near-term inflation and supply chain challenges, the company expects improved EBITDA performance in Q4 and 2027. Full-year EBITDA guidance was revised to $140M-$150M. Infrastructure and data center demand remain strong, while macroeconomic headwinds persist.
Astec Industries reported Q3 backlog up 49.2% YoY to $670.5M, with Infrastructure Solutions and Materials Solutions segments showing mixed results. Q4 is expected to be a record for shipments. The company cited cautious customers due to oil prices, inflation, and election uncertainty. Astec's liquidity stands at $267.2M, with full-year capex projected at $30M-$40M.
Astec Industries reported a Q3 loss of $12.2M, or 53 cents per share, with adjusted earnings of less than 1 cent per share. Revenue was $352.4M. The company's stock has fallen over 9% YTD and 15% in the past year, according to the company.
ASTEC INDUSTRIES INC (ASTE) filed an SEC Form 8-K — Results of Operations and Financial Condition. NEWS RELEASE ASTEC REPORTS THIRD QUARTER 2026 RESULTS Third Quarter 2026 Overview (all comparisons are made to the corresponding prior year third quarter unless otherwise specified) : • Net sales of $352.4 million, increased 0.7% • Net loss attributable to controlling interest of
Astec Industries (ASTE) announced Linda Knoll's resignation and John Keating's appointment to its board, effective December 2026. Keating, a former CRH executive, will join the Audit Committee. The company manufactures equipment for infrastructure and materials processing. ASTE's stock valuation is discussed in the context of the announcement.
ASTEC INDUSTRIES INC (ASTE) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. NEWS RELEASE ASTEC ANNOUNCES BOARD TRANSITION; APPOINTS JOHN KEATING TO BOARD OF DIRECTORS CHATTANOOGA, Tenn. (November 3, 2026) – Astec Industries, Inc. (NASDAQ: ASTE) (the " Company " ) announced that Linda Knoll notified the Company’s board of directors (the "Board") of her in
Astec (ASTE) announced a $0.13 per share quarterly dividend, matching its prior payment. The forward yield is 1.3%. The dividend is payable on December 4 to shareholders of record on November 16, with an ex-dividend date of November 16. The company also forecasted 2026 adjusted EBITDA between $160M and $175M.
Astec Industries (ASTE) cut its 2026 adjusted EBITDA guidance to $160–$175M from $170–$190M due to delayed asphalt plant deliveries. The company cited rising interest rates and tariffs as reasons for the shift. Despite this, management highlighted strong bookings and a healthy demand backdrop. ASTE shares fell 4.98% over the past month, with a market cap of $917.64M as of October 29, 2026.
