Astec Industries, Inc. (ASTE)
NASDAQ: ASTE · Real-Time Price · USD
35.99
-0.01 (-0.03%)
Nov 20, 2024, 4:00 PM EST - Market closed
Astec Industries Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Astec Industries stock have an average target of 38.5, with a low estimate of 37 and a high estimate of 40. The average target predicts an increase of 6.97% from the current stock price of 35.99.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ASTE stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $36 → $40 | Hold | Maintains | $36 → $40 | +11.14% | Nov 7, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $47 → $37 | Strong Buy → Hold | Downgrades | $47 → $37 | +2.81% | May 2, 2024 |
| Stifel | Stifel | Strong Buy Maintains $41 → $42 | Strong Buy | Maintains | $41 → $42 | +16.70% | Dec 19, 2023 |
| Baird | Baird | Hold Maintains $45 → $50 | Hold | Maintains | $45 → $50 | +38.93% | Aug 3, 2023 |
| Baird | Baird | Buy → Hold Downgrades $40 | Buy → Hold | Downgrades | $40 | +11.14% | Apr 8, 2022 |
Financial Forecast
Revenue This Year
1.35B
from 1.34B
Increased by 0.66%
Revenue Next Year
1.40B
from 1.35B
Increased by 4.01%
EPS This Year
1.95
from 1.47
Increased by 32.88%
EPS Next Year
2.59
from 1.95
Increased by 32.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.5B | 1.5B |
| Avg | 1.3B | 1.4B | 1.4B |
| Low | 1.3B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.6% | 8.9% | 5.4% |
| Avg | 0.7% | 4.0% | 2.4% |
| Low | -3.3% | -1.8% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.03 | 2.84 | 3.15 |
| Avg | 1.95 | 2.59 | 3.06 |
| Low | 1.86 | 2.33 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.9% | 45.1% | 21.6% |
| Avg | 32.9% | 32.6% | 18.1% |
| Low | 26.7% | 19.4% | 13.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.