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NASDAQ: ASTE
Astec Industries Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ASTE

Based on 1 analyst offering 12 month price targets for Astec Industries Inc.
Min Forecast
$42.00-2.19%
Avg Forecast
$42.00-2.19%
Max Forecast
$42.00-2.19%

Should I buy or sell ASTE stock?

Based on 1 analyst offering ratings for Astec Industries Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ASTE stock forecasts and price targets.

ASTE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-12-19

1 of 1

Forecast return on equity

Is ASTE forecast to generate an efficient return?
Company
N/A
Industry
29.49%
Market
20.01%

Forecast return on assets

Is ASTE forecast to generate an efficient return on assets?
Company
N/A
Industry
6.57%

ASTE revenue forecast

What is ASTE's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.4B+1.83%
Avg 2 year Forecast
$1.4B+4.3%
Avg 3 year Forecast
$1.4B+6.93%
ASTE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ASTE earnings growth forecast

How is ASTE forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
74.38%
Industry
-11.69%
Market
28.64%
ASTE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ASTE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ASTE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ASTE revenue growth forecast

How is ASTE forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
2.15%
Industry
-1.65%
Market
9.23%
ASTE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ASTE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ASTE vs Agriculture Stocks

TickerPricePrice TargetUp/downsideConsensus
ASTE$42.94$42.00-2.19%Strong Buy
HY$60.10$82.50+37.27%Strong Buy
NKLA$0.63$1.50+138.10%Buy
REVG$21.58$20.00-7.32%Strong Sell
WNC$25.82$23.00-10.92%Hold
View Top Agriculture Stocks

Astec Industries Stock Forecast FAQ

Is Astec Industries Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: ASTE) stock is to Strong Buy ASTE stock.

Out of 1 analyst, 1 (100%) are recommending ASTE as a Strong Buy, 0 (0%) are recommending ASTE as a Buy, 0 (0%) are recommending ASTE as a Hold, 0 (0%) are recommending ASTE as a Sell, and 0 (0%) are recommending ASTE as a Strong Sell.

If you're new to stock investing, here's how to buy Astec Industries stock.

What is ASTE's revenue growth forecast for 2024-2026?

(NASDAQ: ASTE) Astec Industries's forecast annual revenue growth rate of 2.15% is forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast revenue growth rate of -1.65%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Astec Industries's revenue in 2024 is $1,338,200,000.On average, 3 Wall Street analysts forecast ASTE's revenue for 2024 to be $30,993,380,529, with the lowest ASTE revenue forecast at $30,900,291,878, and the highest ASTE revenue forecast at $31,069,730,052. On average, 3 Wall Street analysts forecast ASTE's revenue for 2025 to be $31,744,207,700, with the lowest ASTE revenue forecast at $31,563,261,376, and the highest ASTE revenue forecast at $31,938,754,563.

In 2026, ASTE is forecast to generate $32,544,638,180 in revenue, with the lowest revenue forecast at $32,544,638,180 and the highest revenue forecast at $32,544,638,180.

What is ASTE's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: ASTE) forecast ROA is N/A, which is lower than the forecast US Farm & Heavy Construction Machinery industry average of 6.57%.

What is ASTE's Price Target?

According to 1 Wall Street analyst that have issued a 1 year ASTE price target, the average ASTE price target is $42.00, with the highest ASTE stock price forecast at $42.00 and the lowest ASTE stock price forecast at $42.00.

The Wall Street analyst predicted that Astec Industries's share price could fall to $42.00 by Dec 19, 2024. The average Astec Industries stock price prediction forecasts a potential downside of 2.19% from the current ASTE share price of $42.94.

What is ASTE's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: ASTE) forecast ROE is N/A, which is considered weak.
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