On 2016-08-02, Astec Industries, Inc. (NASDAQ:ASTE) confirmed the dividend disbursement of $0.1 a share to shareholders as on record 2016-08-11. The firm will release dividend on 2016-08-29 while ex-dividend date is reported to be 2016-08-09.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Astec Industries, Inc. (NASDAQ:ASTE) paid a total of $0.1 per share in dividends. This figure stood at $0.1 a share in the same period a year ago indicating a deviation of 0%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $63.5 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $70 and $57, respectively.
Taking the mathematical rating formula, the price for Astec Industries, Inc. (NASDAQ:ASTE) stands at 2. Earnings Review Astec Industries, Inc. (NASDAQ:ASTE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $0.37.
Coming to the quarter ending on 2015-12-31, Astec Industries, Inc. (NASDAQ:ASTE) recorded EPS of $0.79. The reported numbers came lower than the analysts’ estimates of $0.75, demonstrating a miss of $0.04 as against reported figures.
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