Astec Industries downgraded by Stifel with a new price target
$ASTE
Construction/Ag Equipment/Trucks
Industrials
Stifel downgraded Astec Industries from Buy to Hold and set a new price target of $37.00 from $47.00 previously
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/2/2024 | $47.00 → $37.00 | Buy → Hold | Stifel |
| 4/8/2022 | $40.00 | Outperform → Neutral | Robert W. Baird |
| 11/8/2021 | $65.00 → $82.00 | Neutral → Buy | Sidoti |
Stifel downgraded Astec Industries from Buy to Hold and set a new price target of $37.00 from $47.00 previously
Robert W. Baird downgraded Astec Industries from Outperform to Neutral and set a new price target of $40.00
Sidoti upgraded Astec Industries from Neutral to Buy and set a new price target of $82.00 from $65.00 previously
4 - ASTEC INDUSTRIES INC (0000792987) (Issuer)
4 - ASTEC INDUSTRIES INC (0000792987) (Issuer)
4 - ASTEC INDUSTRIES INC (0000792987) (Issuer)
Second Quarter 2025 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified): Net sales of $330.3 millionNet income of $16.7 million; Adjusted net income of $20.3 millionEBITDA of $29.0 million; Adjusted EBITDA of $33.7 millionDiluted EPS of $0.72; Adjusted EPS of $0.88Operating cash flow of $12.9 million; Free cash flow of $9.0 million CHATTANOOGA, Tenn., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced today its financial results for the second quarter ended June 30, 2025. "Astec reported another strong quarter building on its strategic initiatives to deliver consistency, profitability and growth," sa
LATHAM, N.Y., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of recognized industry executive, Jeffrey J. Jackson, as a new independent member of its Board of Directors and as a member of the Company's Audit Committee, effective immediately. In connection with Mr. Jackson's appointment, the size of Latham's Board has been increased from eight to nine directors. Mr. Jackson is currently the Chief Executive Officer of Cabinetworks Group, Inc., the country's largest privately-owned kitchen cabinet manufacturer. He
CHATTANOOGA, Tenn., July 28, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about August 29, 2025, to shareholders of record as of the close of business on August 11, 2025. About ASTEC Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business segments: Infrastructure Solutions that includes road building, asphalt and concrete plants, thermal and storage solutions; and Materials Solutions that includes our aggregate pr
4 - ASTEC INDUSTRIES INC (0000792987) (Issuer)
4 - ASTEC INDUSTRIES INC (0000792987) (Issuer)
S-8 - ASTEC INDUSTRIES INC (0000792987) (Filer)
10-Q - ASTEC INDUSTRIES INC (0000792987) (Filer)
8-K - ASTEC INDUSTRIES INC (0000792987) (Filer)
Second Quarter 2025 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified): Net sales of $330.3 millionNet income of $16.7 million; Adjusted net income of $20.3 millionEBITDA of $29.0 million; Adjusted EBITDA of $33.7 millionDiluted EPS of $0.72; Adjusted EPS of $0.88Operating cash flow of $12.9 million; Free cash flow of $9.0 million CHATTANOOGA, Tenn., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced today its financial results for the second quarter ended June 30, 2025. "Astec reported another strong quarter building on its strategic initiatives to deliver consistency, profitability and growth," sa
CHATTANOOGA, Tenn., July 28, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about August 29, 2025, to shareholders of record as of the close of business on August 11, 2025. About ASTEC Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business segments: Infrastructure Solutions that includes road building, asphalt and concrete plants, thermal and storage solutions; and Materials Solutions that includes our aggregate pr
CHATTANOOGA, Tenn., July 16, 2025 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's second quarter 2025 financial results. Astec Industries, Inc. will be releasing the company's second quarter results to the wire service on Wednesday, August 6, 2025, at approximately 7:00 a.m. Eastern Time. The live call will begin on Wednesday, August 6, 2025, at 8:30 a.m. Eastern Time. Jaco van der Merwe, President and Chief Executive Officer, Brian Harris, Chief Financial Officer, and Steve Anderson, Senior Vice President of Administration and Investor Relations, will host the call. To access the call, dial (888) 4
SC 13D/A - ASTEC INDUSTRIES INC (0000792987) (Subject)
SC 13G/A - ASTEC INDUSTRIES INC (0000792987) (Subject)
SC 13G/A - ASTEC INDUSTRIES INC (0000792987) (Subject)
LATHAM, N.Y., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of recognized industry executive, Jeffrey J. Jackson, as a new independent member of its Board of Directors and as a member of the Company's Audit Committee, effective immediately. In connection with Mr. Jackson's appointment, the size of Latham's Board has been increased from eight to nine directors. Mr. Jackson is currently the Chief Executive Officer of Cabinetworks Group, Inc., the country's largest privately-owned kitchen cabinet manufacturer. He
CHATTANOOGA, Tenn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) ("Astec" or the "Company") today announced the appointment of Brian J. Harris as its Chief Financial Officer, effective immediately. In connection with the appointment of Mr. Harris, Heinrich Jonker will step down from his role as Interim Chief Financial Officer and will continue to serve as Vice President Finance – Infrastructure Solutions of the Company. Mr. Harris previously served as Executive Vice President and Chief Financial Officer of Summit Materials, Inc. (NYSE:SUM) ("Summit"), a leading producer of aggregates and cement, from October 2013 to February 2023. Prior to his role at Summit, Mr.
CHATTANOOGA, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) ("Astec" or the "Company") today announced the appointment of Heinrich Jonker, Vice President Finance – Infrastructure Solutions, as its Chief Financial Officer on an interim basis, effective immediately. Mr. Jonker's appointment follows the decision by Rebecca A. Weyenberg, Chief Financial Officer, to step down from her role as CFO. Mrs. Weyenberg will remain employed by the company on an advisory basis through April 30, 2024, to assist in the transition. Astec's Board of Directors has initiated a search process to identify the Company's next CFO and has retained a nationally recognized search fir