Astec Industries (ASTE) Stock Forecast, Price Target & Predictions


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ASTE Stock Forecast


Astec Industries stock forecast is as follows: an average price target of $36.00 (represents a 8.60% upside from ASTE’s last price of $33.15) and

ASTE Price Target


Astec Industries Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 06, 2023Mircea DobreRobert W. Baird$36.00$35.930.19%8.60%

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 8.60% increase from ASTE last price ($33.15).

Astec Industries Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$33.15$33.15$33.15
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 $33.15. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
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
Avg Forecast$414.10M$327.30M$373.70M$337.50M$389.90M$308.70M$351.25M$320.40M$371.40M$312.90M$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
High Forecast$414.10M$327.30M$373.70M$337.50M$389.90M$308.70M$351.25M$320.40M$371.40M$315.55M$332.35M$343.27M$373.56M$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
Low Forecast$414.10M$327.30M$373.70M$337.50M$389.90M$308.70M$351.25M$320.40M$371.40M$310.25M$332.35M$343.27M$320.80M$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
# Analysts1111111111113111111111111010101099
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%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111111113111111111111010101099
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
Avg Forecast$23.89M$18.88M$21.56M$19.47M$22.49M$17.81M$20.26M$18.48M$21.42M$18.05M$19.17M$19.35M$20.03M$19.19M$20.12M$17.59M$-8.61M$15.26M$15.32M$18.81M$13.54M$13.45M$15.14M$23.58M$13.70M$11.52M$11.57M$11.39M$15.10M$13.12M
High Forecast$23.89M$18.88M$21.56M$19.47M$22.49M$17.81M$20.26M$18.48M$21.42M$18.20M$19.17M$23.22M$21.55M$19.19M$20.12M$21.10M$-6.89M$15.26M$15.32M$22.57M$13.54M$13.45M$15.14M$28.30M$13.70M$11.52M$11.57M$13.67M$15.10M$13.12M
Low Forecast$23.89M$18.88M$21.56M$19.47M$22.49M$17.81M$20.26M$18.48M$21.42M$17.90M$19.17M$15.48M$18.50M$19.19M$20.12M$14.07M$-10.34M$15.26M$15.32M$15.05M$13.54M$13.45M$15.14M$18.87M$13.70M$11.52M$11.57M$9.11M$15.10M$13.12M
Surprise %--------------0.27%1.25%1.62%-1.78%0.60%0.40%0.70%-0.21%1.06%1.25%0.74%1.94%0.63%1.51%1.92%-1.34%0.79%

1 analysts predict ASTE's average Quarter EBITDA for Sep 23 to be $19.19M, with a high of $19.19M and a low of $19.19M. This is -23.83% lower than Astec Industries's previous annual EBITDA (Jun 23) of $25.20M.

Astec Industries Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111111113111111111111010101099
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
Avg Forecast$24.19M$12.43M$18.14M$15.40M$21.33M$10.50M$14.26M$11.86M$16.66M$7.07M$15.86M$6.56M$15.17M$14.19M$15.40M$5.96M$-27.32M$6.95M$12.03M$6.37M$569.92K$7.12M$11.23M$11.79M$9.52M$2.43M$1.20M$10.76M$8.66M$5.53M
High Forecast$24.19M$12.43M$18.14M$15.40M$21.33M$10.50M$14.26M$11.86M$18.02M$7.30M$15.86M$7.87M$22.76M$14.19M$15.40M$7.15M$-21.86M$6.95M$12.03M$7.65M$569.92K$7.12M$11.23M$14.15M$9.52M$2.43M$1.20M$12.91M$8.66M$5.53M
Low Forecast$24.19M$12.43M$18.14M$15.40M$21.33M$10.50M$14.26M$11.86M$15.29M$6.84M$15.86M$5.24M$9.05M$14.19M$15.40M$4.77M$-32.79M$6.95M$12.03M$5.10M$569.92K$7.12M$11.23M$9.43M$9.52M$2.43M$1.20M$8.61M$8.66M$5.53M
Surprise %--------------0.47%0.85%2.03%0.05%0.07%-0.32%0.64%-15.97%1.31%0.80%0.74%1.61%0.68%7.74%1.92%-2.12%0.54%

Astec Industries's average Quarter net income forecast for Sep 23 is $14.19M, with a range of $14.19M to $14.19M. ASTE's average Quarter net income forecast represents a 8.34% increase compared to the company's last Quarter net income of $13.10M (Jun 23).

Astec Industries SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111111113111111111111010101099
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
Avg Forecast$78.52M$62.06M$70.86M$64.00M$73.93M$58.54M$66.60M$60.75M$70.43M$59.33M$63.02M$84.26M$65.85M$63.10M$66.13M$76.60M$174.64M$57.25M$57.50M$81.92M$50.80M$50.47M$56.83M$70.08M$51.41M$43.23M$43.42M$29.27M$56.66M$49.22M
High Forecast$78.52M$62.06M$70.86M$64.00M$73.93M$58.54M$66.60M$60.75M$70.43M$59.84M$63.02M$101.11M$70.84M$63.10M$66.13M$91.92M$209.56M$57.25M$57.50M$98.31M$50.80M$50.47M$56.83M$84.09M$51.41M$43.23M$43.42M$35.12M$56.66M$49.22M
Low Forecast$78.52M$62.06M$70.86M$64.00M$73.93M$58.54M$66.60M$60.75M$70.43M$58.83M$63.02M$67.41M$60.83M$63.10M$66.13M$61.28M$139.71M$57.25M$57.50M$65.54M$50.80M$50.47M$56.83M$56.06M$51.41M$43.23M$43.42M$23.41M$56.66M$49.22M
Surprise %-------------1.18%0.98%0.89%0.31%0.96%0.93%0.64%1.16%0.96%0.84%0.74%0.37%1.13%0.98%1.92%0.45%0.97%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111111113111111111111010101099
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
Avg Forecast$1.06$0.55$0.80$0.68$0.94$0.46$0.63$0.52$0.73$0.31$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
High Forecast$1.06$0.55$0.80$0.68$0.94$0.46$0.63$0.52$0.79$0.32$0.69$0.81$1.00$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
Low Forecast$1.06$0.55$0.80$0.68$0.94$0.46$0.63$0.52$0.67$0.30$0.69$0.81$0.40$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
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%

According to 1 Wall Street analysts, Astec Industries's projected average Quarter EPS for Sep 23 is $0.62, with a low estimate of $0.62 and a high estimate of $0.62. This represents a 7.25% increase compared to ASTE previous annual EPS of $0.58 (Jun 23).

Astec Industries Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SHYFShyft Group$11.69$35.00199.40%Strong Buy
HYHyster-Yale Materials Handling$50.53$90.0078.11%Buy
MTWManitowoc$8.80$12.7544.89%Buy
TEXTerex$45.18$65.0043.87%Hold
CMCOColumbus McKinnon$37.28$49.0031.44%
REVGREV Group$31.51$38.0020.60%Buy
OSKOshkosh$94.70$110.5016.68%Buy
AGCOAGCO$94.02$107.6714.52%Hold
LNNLindsay$122.47$138.5013.09%Buy
ALGAlamo Group$187.49$209.0011.47%Buy
ASTEAstec Industries$33.15$36.008.60%Hold

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 8.60% (from the last price of $33.15 to the average price target of $36), up by 8.60% based on the highest stock price target, and up by 8.60% 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 2025) are as follows: average revenue is $1.37B (high $1.37B, low $1.37B), average EBITDA is $79.04M (high $79.04M, low $79.04M), average net income is $57.95M (high $57.95M, low $57.95M), average SG&A $259.83M (high $259.83M, low $259.83M), and average EPS is $2.54 (high $2.54, low $2.54). ASTE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.45B (high $1.45B, low $1.45B), average EBITDA is $83.79M (high $83.79M, low $83.79M), average net income is $70.16M (high $70.16M, low $70.16M), average SG&A $275.45M (high $275.45M, low $275.45M), and average EPS is $3.08 (high $3.08, low $3.08).

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, beating the average prediction of $40.78M by 7.41%. The company's net income was $-600K, missing the average estimation of $-1.972M by -69.58%. Apple's SG&A was $216.1M, missing the average forecast of $371.32M by -41.80%. 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 $19.19M by -127.09%. Astec Industries's net income was $-6.6M, missing the average estimation of $14.19M by -146.50%. 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%