Astec Industries (ASTE) reported earnings 30 days ago. What's next for the stock?
Investors need to pay close attention to ASTE stock based on the movements in the options market lately.
Astec lowers 2026 EBITDA outlook as asphalt order delays pressure shipment timing, while Materials Solutions demand and cash flow provide support.
| Machinery Industry | Industrials Sector | Jaco G. van der Merwe CEO | XFRA Exchange | 046224101 CUSIP |
| US Country | 4,468 Employees | 10 Aug 2026 Last Dividend | 19 Jan 1999 Last Split | 19 Jun 1986 IPO Date |
Astec Industries, Inc. is an influential global player in designing, engineering, manufacturing, and marketing equipment and components predominantly for road building and associated construction activities. Since its inception in 1972, Astec has flourished into an organization with a broad spectrum of products and services, tailored to meet the demands of industries ranging from asphalt production to mining and beyond. Headquartered in Chattanooga, Tennessee, the company is structured into two main operational segments: Infrastructure Solutions and Materials Solutions. Both segments cater to a diverse clientele, including asphalt producers, construction contractors, mine operators, governmental agencies, and many others, showcasing Astec's commitment to delivering comprehensive construction solutions worldwide.
This segment includes a wide variety of products and services primarily focused on road construction and maintenance. Offerings cover asphalt plants and their components, heaters, dust control systems for concrete, asphalt pavers, and more. Equipment for soil stabilization, milling machines, concrete batch plants, and pollution control systems underscore Astec’s emphasis on environmental sustainability within infrastructure development.
Focused on enhancing material processing efficiency, this segment features crushing equipment, mobile plants, and bulk material handling solutions. It also encompasses vibrating and screening equipment, electrical control centers, and modular systems to cater to the needs of the quarrying and mining industries. The segment provides comprehensive consulting and engineering services, supporting clients from concept through to implementation.