Astec Industries (ASTE) Stock Forecast, Price Target & Predictions
ASTE Stock Forecast
Astec Industries stock forecast is as follows: an average price target of $36.00 (represents a 12.50% upside from ASTE’s last price of $32.00) and
ASTE Price Target
Astec Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 06, 2023 | Mircea Dobre | Robert W. Baird | $36.00 | $35.93 | 0.19% | 12.50% |
The latest Astec Industries stock forecast, released on Jan 06, 2023 by Mircea Dobre from Robert W. Baird, set a price target of $36.00, which represents a 0.19% increase from the stock price at the time of the forecast ($35.93), and a 12.50% increase from ASTE last price ($32.00).
Astec Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $32.00 | $32.00 | $32.00 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Astec Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Astec Industries's last price of $32.00. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Astec Industries Financial Forecast
Astec Industries Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $303.10M | $350.00M | $347.90M | $349.90M | $315.20M | $318.20M | $291.20M | $267.80M | $267.00M | $278.00M | $284.40M | $238.85M | $231.40M | $265.30M | $288.85M | $283.22M | $255.81M | $304.80M | $325.78M | $325.45M | $318.40M |
| Avg Forecast | $369.95M | $331.40M | $351.45M | $315.95M | $355.35M | $318.20M | $332.35M | $343.27M | $347.28M | $332.77M | $348.74M | $341.36M | $313.55M | $301.93M | $303.25M | $286.56M | $267.89M | $266.15M | $299.68M | $311.44M | $271.12M | $227.99M | $228.98M | $291.53M | $298.80M | $259.55M | $299.95M | $338.68M | $329.24M | $323.30M |
| High Forecast | $378.32M | $338.90M | $359.40M | $323.10M | $363.39M | $325.40M | $339.87M | $351.03M | $373.56M | $340.30M | $356.63M | $349.08M | $320.65M | $308.76M | $310.11M | $293.05M | $273.95M | $272.18M | $306.46M | $318.49M | $277.25M | $233.15M | $234.16M | $298.12M | $305.56M | $265.43M | $306.74M | $346.34M | $395.09M | $387.96M |
| Low Forecast | $361.58M | $323.90M | $343.50M | $308.80M | $347.31M | $311.00M | $324.83M | $335.50M | $320.80M | $325.24M | $340.85M | $333.64M | $306.46M | $295.10M | $296.39M | $280.08M | $261.83M | $260.13M | $292.90M | $304.40M | $264.99M | $222.83M | $223.80M | $284.93M | $292.03M | $253.68M | $293.17M | $331.02M | $263.39M | $258.64M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.91% | 1.00% | 1.02% | 1.12% | 1.04% | 1.05% | 1.02% | 1.00% | 1.00% | 0.93% | 0.91% | 0.88% | 1.01% | 1.16% | 0.99% | 0.95% | 0.99% | 1.02% | 0.96% | 0.99% | 0.98% |
Astec Industries's average Quarter revenue forecast for Dec 23 based on 3 analysts is $347.28M, with a low forecast of $320.80M, and a high forecast of $373.56M. ASTE's average Quarter revenue forecast represents a 14.58% increase compared to the company's last Quarter revenue of $303.10M (Sep 23).
Astec Industries EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-5.20M | $25.20M | $28.50M | $15.30M | $9.20M | $6.20M | $13.10M | $-2.90M | $14.20M | $19.00M | $17.40M | $26.64M | $7.27M | $17.52M | $21.87M | $-20.19M | $10.37M | $37.46M | $25.25M | $33.45M | $29.61M |
| Avg Forecast | $18.70M | $16.75M | $17.76M | $15.97M | $17.96M | $16.08M | $16.80M | $19.35M | $17.55M | $16.82M | $17.62M | $17.59M | $15.85M | $8.33M | $15.32M | $18.81M | $13.54M | $13.45M | $15.14M | $23.58M | $13.70M | $11.52M | $11.57M | $11.39M | $15.10M | $13.12M | $15.16M | $31.11M | $33.83M | $30.06M |
| High Forecast | $19.12M | $17.13M | $18.16M | $16.33M | $18.36M | $16.44M | $17.18M | $23.22M | $18.88M | $17.20M | $18.02M | $21.10M | $16.20M | $10.00M | $15.67M | $22.57M | $13.84M | $13.75M | $15.49M | $28.30M | $14.01M | $11.78M | $11.83M | $13.67M | $15.44M | $13.41M | $15.50M | $37.33M | $40.60M | $36.07M |
| Low Forecast | $18.27M | $16.37M | $17.36M | $15.61M | $17.55M | $15.72M | $16.42M | $15.48M | $16.21M | $16.44M | $17.22M | $14.07M | $15.49M | $6.66M | $14.98M | $15.05M | $13.23M | $13.15M | $14.80M | $18.87M | $13.39M | $11.26M | $11.31M | $9.11M | $14.76M | $12.82M | $14.82M | $24.88M | $27.07M | $24.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.31% | 1.43% | 1.62% | 0.97% | 1.10% | 0.40% | 0.70% | -0.21% | 1.06% | 1.25% | 0.74% | 1.94% | 0.63% | 1.51% | 1.92% | -1.34% | 0.79% | 2.47% | 0.81% | 0.99% | 0.99% |
1 analysts predict ASTE's average Quarter EBITDA for Sep 23 to be $16.82M, with a high of $17.20M and a low of $16.44M. This is -33.27% lower than Astec Industries's previous annual EBITDA (Jun 23) of $25.20M.
Astec Industries Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | $-6.60M | $13.10M | $12.10M | $-1.30M | $500.00K | $-3.90M | $4.10M | $-9.10M | $9.30M | $9.00M | $8.70M | $15.35M | $1.65M | $9.26M | $20.64M | $-18.36M | $3.01M | $23.38M | $14.27M | $20.27M | $15.12M |
| Avg Forecast | $20.75M | $10.03M | $16.41M | $14.82M | $17.44M | $7.52M | $15.84M | $6.56M | $15.16M | $14.18M | $15.39M | $5.96M | $8.55M | $5.46M | $12.03M | $6.37M | $569.92K | $7.12M | $11.23M | $11.79M | $9.52M | $2.43M | $1.20M | $10.76M | $8.66M | $5.53M | $9.42M | $17.58M | $20.50M | $15.35M |
| High Forecast | $21.36M | $10.33M | $16.90M | $15.25M | $17.95M | $8.21M | $16.31M | $7.87M | $22.74M | $14.60M | $15.84M | $7.15M | $8.80M | $6.55M | $12.38M | $7.65M | $586.68K | $7.33M | $11.56M | $14.15M | $9.80M | $2.50M | $1.23M | $12.91M | $8.92M | $5.69M | $9.70M | $21.10M | $24.60M | $18.42M |
| Low Forecast | $20.13M | $9.74M | $15.93M | $14.38M | $16.93M | $6.84M | $15.38M | $5.24M | $9.05M | $13.76M | $14.94M | $4.77M | $8.30M | $4.36M | $11.67M | $5.10M | $553.15K | $6.91M | $10.90M | $9.43M | $9.24M | $2.36M | $1.16M | $8.61M | $8.41M | $5.37M | $9.15M | $14.07M | $16.40M | $12.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.47% | 0.85% | 2.03% | -0.15% | 0.09% | -0.32% | 0.64% | -15.97% | 1.31% | 0.80% | 0.74% | 1.61% | 0.68% | 7.74% | 1.92% | -2.12% | 0.54% | 2.48% | 0.81% | 0.99% | 0.99% |
Astec Industries's average Quarter net income forecast for Sep 23 is $14.18M, with a range of $13.76M to $14.60M. ASTE's average Quarter net income forecast represents a 8.25% increase compared to the company's last Quarter net income of $13.10M (Jun 23).
Astec Industries SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | $74.30M | $64.50M | $67.90M | $54.70M | $55.00M | $53.70M | $52.70M | $58.80M | $48.60M | $48.00M | $51.70M | $19.14M | $48.83M | $42.76M | $56.17M | $25.34M | $47.64M | $52.97M | $58.35M | $52.08M | $53.12M |
| Avg Forecast | $70.15M | $62.84M | $66.64M | $59.91M | $67.38M | $60.34M | $63.02M | $84.26M | $65.85M | $63.10M | $66.13M | $76.60M | $59.46M | $28.51M | $57.50M | $81.92M | $50.80M | $50.47M | $56.83M | $70.08M | $51.41M | $43.23M | $43.42M | $29.27M | $56.66M | $49.22M | $56.88M | $71.87M | $52.67M | $53.93M |
| High Forecast | $71.74M | $64.26M | $68.15M | $61.27M | $68.91M | $61.70M | $64.45M | $101.11M | $70.84M | $64.53M | $67.62M | $91.92M | $60.80M | $34.21M | $58.80M | $98.31M | $51.95M | $51.61M | $58.11M | $84.09M | $52.57M | $44.21M | $44.40M | $35.12M | $57.94M | $50.33M | $58.17M | $86.24M | $63.20M | $64.71M |
| Low Forecast | $68.56M | $61.42M | $65.13M | $58.56M | $65.86M | $58.97M | $61.59M | $67.41M | $60.83M | $61.67M | $64.63M | $61.28M | $58.11M | $22.81M | $56.20M | $65.54M | $49.65M | $49.33M | $55.54M | $56.06M | $50.25M | $42.25M | $42.44M | $23.41M | $55.38M | $48.10M | $55.59M | $57.49M | $42.14M | $43.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.18% | 0.98% | 0.89% | 0.92% | 1.93% | 0.93% | 0.64% | 1.16% | 0.96% | 0.84% | 0.74% | 0.37% | 1.13% | 0.98% | 1.92% | 0.45% | 0.97% | 0.93% | 0.81% | 0.99% | 0.99% |
Astec Industries's average Quarter SG&A projection for Dec 23 is $65.85M, based on 3 Wall Street analysts, with a range of $60.83M to $70.84M. The forecast indicates a -11.37% fall compared to ASTE last annual SG&A of $74.30M (Sep 23).
Astec Industries EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.29 | $0.58 | $0.53 | $-0.06 | $0.02 | $-0.17 | $0.18 | $-0.40 | $0.41 | $0.40 | $0.38 | $0.68 | $0.07 | $0.41 | $0.92 | $-0.85 | $0.13 | $1.04 | $0.63 | $0.88 | $0.66 |
| Avg Forecast | $0.91 | $0.44 | $0.72 | $0.65 | $0.77 | $0.33 | $0.69 | $0.81 | $0.67 | $0.62 | $0.68 | $0.52 | $0.38 | $0.30 | $0.53 | $0.11 | $0.03 | $0.31 | $0.49 | $0.83 | $0.42 | $0.11 | $0.05 | $0.39 | $0.38 | $0.24 | $0.41 | $0.82 | $0.89 | $0.67 |
| High Forecast | $0.94 | $0.45 | $0.74 | $0.67 | $0.79 | $0.36 | $0.72 | $0.83 | $1.00 | $0.64 | $0.69 | $0.53 | $0.39 | $0.31 | $0.54 | $0.11 | $0.03 | $0.32 | $0.51 | $0.85 | $0.43 | $0.11 | $0.05 | $0.40 | $0.39 | $0.25 | $0.43 | $0.84 | $1.07 | $0.80 |
| Low Forecast | $0.88 | $0.43 | $0.70 | $0.63 | $0.74 | $0.30 | $0.67 | $0.78 | $0.40 | $0.60 | $0.66 | $0.50 | $0.36 | $0.30 | $0.51 | $0.10 | $0.02 | $0.30 | $0.48 | $0.80 | $0.41 | $0.10 | $0.05 | $0.37 | $0.37 | $0.24 | $0.40 | $0.80 | $0.71 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.47% | 0.86% | 1.03% | -0.15% | 0.07% | -0.32% | 1.67% | -16.00% | 1.31% | 0.81% | 0.46% | 1.63% | 0.66% | 7.81% | 2.39% | -2.24% | 0.54% | 2.52% | 0.77% | 0.99% | 0.99% |
According to 1 Wall Street analysts, Astec Industries's projected average Quarter EPS for Sep 23 is $0.62, with a low estimate of $0.60 and a high estimate of $0.64. This represents a 7.25% increase compared to ASTE previous annual EPS of $0.58 (Jun 23).
Astec Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SHYF | Shyft Group | $12.83 | $35.00 | 172.80% | Strong Buy |
| CMCO | Columbus McKinnon | $31.76 | $49.00 | 54.28% | - |
| AGCO | AGCO | $92.71 | $139.00 | 49.93% | Buy |
| HY | Hyster-Yale Materials Handling | $60.88 | $90.00 | 47.83% | Buy |
| MTW | Manitowoc Company | $10.04 | $12.75 | 26.99% | Buy |
| ALG | Alamo Group | $178.90 | $215.00 | 20.18% | Buy |
| ASTE | Astec Industries | $32.00 | $36.00 | 12.50% | Hold |
| LNN | Lindsay | $123.36 | $138.50 | 12.27% | Buy |
| OSK | Oshkosh | $104.09 | $111.40 | 7.02% | Buy |
| TEX | Terex | $55.49 | $54.90 | -1.06% | Hold |
| REVG | REV Group | $28.57 | $19.60 | -31.40% | Buy |
ASTE Forecast FAQ
Will Astec Industries stock go up soon?
According to Wall Street analysts' prediction for ASTE stock, the company can go up by 12.50% (from the last price of $32 to the average price target of $36), up by 12.50% based on the highest stock price target, and up by 12.50% based on the lowest stock price target.
Can Astec Industries stock reach $50?
ASTE's average twelve months analyst stock price target of $36 does not support the claim that Astec Industries can reach $50 in the near future.
What are Astec Industries's analysts' financial forecasts?
Astec Industries's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.35B (high $1.38B, low $1.32B), average EBITDA is $70.18M (high $75.2M, low $65.16M), average net income is $47.36M (high $50.34M, low $44.39M), average SG&A $275M (high $296.17M, low $253.83M), and average EPS is $2.6 (high $2.69, low $2.5). ASTE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.37B (high $1.4B, low $1.34B), average EBITDA is $69.17M (high $70.74M, low $67.6M), average net income is $62.01M (high $63.83M, low $60.18M), average SG&A $259.55M (high $265.42M, low $253.67M), and average EPS is $2.72 (high $2.8, low $2.64).
Did the ASTE's actual financial results beat the analysts' financial forecasts?
Based on Astec Industries's last annual report (Dec 2022), the company's revenue was $1.27B, beating the average analysts forecast of $1.21B by 5.74%. Apple's EBITDA was $43.8M, missing the average prediction of $58.31M by -24.89%. The company's net income was $-600K, missing the average estimation of $32.4M by -101.85%. Apple's SG&A was $216.1M, missing the average forecast of $227.4M by -4.97%. Lastly, the company's EPS was $-0.0263, missing the average prediction of $1.31 by -102.00%. In terms of the last quarterly report (Sep 2023), Astec Industries's revenue was $303.1M, missing the average analysts' forecast of $332.77M by -8.92%. The company's EBITDA was $-5.2M, missing the average prediction of $16.82M by -130.92%. Astec Industries's net income was $-6.6M, missing the average estimation of $14.18M by -146.54%. The company's SG&A was $74.3M, beating the average forecast of $63.1M by 17.75%. Lastly, the company's EPS was $-0.29, missing the average prediction of $0.622 by -146.62%