Positive News SentimentPositive NewsNASDAQ:ACNT Ascent Industries (ACNT) Stock Price, News & Analysis → [FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks (From Crypto 101 Media) (Ad) Free ACNT Stock Alerts $10.20 -0.05 (-0.49%) (As of 02:06 PM ET) Add Compare Share Share Today's Range$10.00▼$10.5050-Day Range$9.67▼$10.9052-Week Range$7.20▼$11.19Volume3,483 shsAverage Volume6,833 shsMarket Capitalization$103.33 millionP/E RatioN/ADividend YieldN/APrice Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Ascent Industries alerts: Email Address Ascent Industries MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside92.7% Upside$20.00 Price TargetShort InterestHealthy0.11% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.87Based on 3 Articles This WeekInsider TradingAcquiring Shares$125,614 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.52) to $0.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.35 out of 5 starsIndustrial Products Sector88th out of 166 stocksSteel Pipe & Tubes Industry2nd out of 3 stocks 3.5 Analyst's Opinion Consensus RatingAscent Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageAscent Industries has received no research coverage in the past 90 days.Read more about Ascent Industries' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.11% of the float of Ascent Industries has been sold short.Short Interest Ratio / Days to CoverAscent Industries has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ascent Industries has recently increased by 7.69%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAscent Industries does not currently pay a dividend.Dividend GrowthAscent Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ACNT. Previous Next 3.8 News and Social Media Coverage News SentimentAscent Industries has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Ascent Industries this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Ascent Industries to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ascent Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $125,614.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders12.85% of the stock of Ascent Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.05% of the stock of Ascent Industries is held by institutions.Read more about Ascent Industries' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ascent Industries are expected to grow in the coming year, from ($0.52) to $0.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ascent Industries is -3.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ascent Industries is -3.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAscent Industries has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Ascent Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay attention to above all others: Venture capital firms. You want to follow venture capital money into cryptocurrencies before anyone gets word of what’s happening.Click here for all the details… About Ascent Industries Stock (NASDAQ:ACNT)Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries. The company also produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. In addition, it provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is based in Oak Brook, Illinois.Read More ACNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACNT Stock News HeadlinesMay 15, 2024 | insidertrades.comJohn Bryan Kitchen Buys 4,481 Shares of Ascent Industries Co. (NASDAQ:ACNT) StockMay 14, 2024 | insidertrades.comAscent Industries Co. (NASDAQ:ACNT) CEO John Bryan Kitchen Buys 7,946 SharesMay 13, 2024 | finance.yahoo.comAscent Industries Co. (NASDAQ:ACNT) Q1 2024 Earnings Call TranscriptMay 13, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: Tecnoglass (TGLS) and Ascent Industries (ACNT)May 10, 2024 | finance.yahoo.comAscent Industries Co. Reports Mixed Q1 2024 Results Amid Market ChallengesMay 9, 2024 | finance.yahoo.comQ1 2024 Ascent Industries Co Earnings CallMay 9, 2024 | finance.yahoo.comAscent Industries Co (ACNT) (Q1 2024) Earnings Call Transcript Highlights: Navigating Market ...May 8, 2024 | msn.comACNT Stock Earnings: Ascent Industries Misses EPS, Beats Revenue for Q1 2024May 8, 2024 | finance.yahoo.comAscent Industries Reports First Quarter 2024 ResultsApril 24, 2024 | businesswire.comAscent Industries Sets First Quarter 2024 Earnings Conference Call for May 8, 2024, at 5:00 p.m. ETApril 17, 2024 | msn.comAscent Industries (ACNT) Price Target Decreased by 15.00% to 17.34April 9, 2024 | markets.businessinsider.comAscent Industries (ACNT) Gets a Buy from Stifel NicolausApril 2, 2024 | finance.yahoo.comAscent Industries Co. (NASDAQ:ACNT) Q4 2023 Earnings Call TranscriptApril 1, 2024 | msn.comProxy Advisors Recommend Sale Of US Steel; Ascent Reports Financial Results; Materion Expects 10% Sales Decline And More: Monday's Top Mining StoriesMarch 30, 2024 | seekingalpha.comAscent Industries Co. (ACNT) Q4 2023 Earnings Call TranscriptMarch 29, 2024 | finance.yahoo.comQ4 2023 Ascent Industries Co Earnings CallMarch 28, 2024 | benzinga.comAscent Industries: Q4 Earnings InsightsMarch 28, 2024 | finance.yahoo.comAscent Industries Co (ACNT) Faces Sharp Decline in 2023 Earnings Amid Industry ChallengesMarch 28, 2024 | businesswire.comAscent Industries Reports Fourth Quarter and Full Year 2023 ResultsMarch 28, 2024 | businesswire.comAscent Industries Reports Fourth Quarter and Full Year 2023 ResultsMarch 27, 2024 | benzinga.comEarnings Outlook For Ascent IndustriesMarch 27, 2024 | finance.yahoo.comAscent Industries Sets Fourth Quarter and Full Year 2023 Earnings Conference Call for March 28, 2024, at 5:00 p.m. ETMarch 13, 2024 | tmcnet.comOrion Reveals Wealthtech Survey Insights at Ascent ConferenceFebruary 27, 2024 | fool.comBest IRA Accounts for March 2024February 17, 2024 | seekingalpha.comAscent Industries: Operations Are Improving AgainSee More Headlines Receive ACNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ascent Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today5/28/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Steel pipe & tubes Sub-IndustryN/A Current SymbolNASDAQ:ACNT CUSIPN/A CIK95953 Webwww.ascentco.com Phone(804) 822-3260Fax864-596-1501Employees514Year FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$20.00 Low Stock Price Target$20.00 Potential Upside/Downside+92.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.68) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-26,630,000.00 Net Margins-13.32% Pretax Margin-19.27% Return on Equity-15.96% Return on Assets-8.68% Debt Debt-to-Equity Ratio0.01 Current Ratio3.06 Quick Ratio1.25 Sales & Book Value Annual Sales$193.18 million Price / Sales0.54 Cash FlowN/A Price / Cash FlowN/A Book Value$10.61 per share Price / Book0.98Miscellaneous Outstanding Shares10,130,000Free Float8,828,000Market Cap$105.15 million OptionableOptionable Beta0.69 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Benjamin L. Rosenzweig (Age 39)Executive Chairman Mr. J. Bryan KitchenPresident, CEO & DirectorMr. Ryan Kavalauskas (Age 40)Chief Financial Officer Mr. Douglas Glenn Tackett Jr. (Age 52)Chief Legal Officer & Corporate Secretary Mr. John W. JohnsonPresident of Ascent TubularMr. Robert A. PeayCorporate SecretaryMore ExecutivesKey CompetitorsOssen InnovationNASDAQ:OSNAmpco-PittsburghNYSE:APUniversal Stainless & Alloy ProductsNASDAQ:USAPNorthwest PipeNASDAQ:NWPXVertex EnergyNASDAQ:VTNRView All CompetitorsInsiders & InstitutionsPerritt Capital Management Inc.Bought 5,402 shares on 5/15/2024Ownership: 0.201%John Bryan KitchenBought 4,481 shares on 5/13/2024Total: $46,154.30 ($10.30/share)Vanguard Group Inc.Bought 10,688 shares on 5/10/2024Ownership: 2.537%John Bryan KitchenBought 7,946 shares on 5/10/2024Total: $79,460.00 ($10.00/share)Empowered Funds LLCBought 2,800 shares on 5/7/2024Ownership: 0.372%View All Insider TransactionsView All Institutional Transactions ACNT Stock Analysis - Frequently Asked Questions Should I buy or sell Ascent Industries stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ascent Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACNT shares. View ACNT analyst ratings or view top-rated stocks. What is Ascent Industries' stock price target for 2024? 1 brokers have issued 1 year price targets for Ascent Industries' stock. Their ACNT share price targets range from $20.00 to $20.00. On average, they expect the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 92.7% from the stock's current price. View analysts price targets for ACNT or view top-rated stocks among Wall Street analysts. How have ACNT shares performed in 2024? Ascent Industries' stock was trading at $9.56 at the start of the year. Since then, ACNT shares have increased by 8.6% and is now trading at $10.38. View the best growth stocks for 2024 here. Are investors shorting Ascent Industries? Ascent Industries saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 9,800 shares, an increase of 7.7% from the April 30th total of 9,100 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.1% of the shares of the company are short sold. View Ascent Industries' Short Interest. When is Ascent Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our ACNT earnings forecast. How were Ascent Industries' earnings last quarter? Ascent Industries Co. (NASDAQ:ACNT) posted its quarterly earnings data on Wednesday, May, 8th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.36) by $0.05. The business had revenue of $44.11 million for the quarter, compared to the consensus estimate of $39.80 million. Ascent Industries had a negative net margin of 13.32% and a negative trailing twelve-month return on equity of 15.96%. Who are Ascent Industries' major shareholders? Ascent Industries' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.54%), Empowered Funds LLC (0.37%), Perritt Capital Management Inc. (0.20%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include John Bryan Kitchen and John Robert Zuppo III. View institutional ownership trends. How do I buy shares of Ascent Industries? Shares of ACNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ACNT) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesThe only AI company to buyPorter & CompanyThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaDigitizing the $11T commodities sector with one tiny stockResource Stock DigestWARNING about the death of the U.S. dollar…Colonial MetalsBiggest Prediction of My 50-Year Career on Wall StreetChaikin AnalyticsIs Artificial Intelligence the Biggest Bubble in History?InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ascent Industries Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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