Ascent Industries (ACNT) Competitors

$10.15
-0.03 (-0.29%)
(As of 05/9/2024 ET)

ACNT vs. USAP, NWPX, MNTX, UFI, ARC, TSE, HURC, VTNR, LAKE, and MKFG

Should you be buying Ascent Industries stock or one of its competitors? The main competitors of Ascent Industries include Universal Stainless & Alloy Products (USAP), Northwest Pipe (NWPX), Manitex International (MNTX), Unifi (UFI), ARC Document Solutions (ARC), Trinseo (TSE), Hurco Companies (HURC), Vertex Energy (VTNR), Lakeland Industries (LAKE), and Markforged (MKFG).

Ascent Industries vs.

Ascent Industries (NASDAQ:ACNT) and Universal Stainless & Alloy Products (NASDAQ:USAP) are both small-cap industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, earnings, profitability, institutional ownership, valuation, media sentiment, analyst recommendations and community ranking.

26.1% of Ascent Industries shares are held by institutional investors. Comparatively, 62.2% of Universal Stainless & Alloy Products shares are held by institutional investors. 12.9% of Ascent Industries shares are held by company insiders. Comparatively, 9.9% of Universal Stainless & Alloy Products shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Universal Stainless & Alloy Products has a net margin of 3.21% compared to Ascent Industries' net margin of -11.07%. Universal Stainless & Alloy Products' return on equity of 4.25% beat Ascent Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Ascent Industries-11.07% -15.98% -8.25%
Universal Stainless & Alloy Products 3.21%4.25%2.68%

Universal Stainless & Alloy Products received 264 more outperform votes than Ascent Industries when rated by MarketBeat users. However, 100.00% of users gave Ascent Industries an outperform vote while only 56.26% of users gave Universal Stainless & Alloy Products an outperform vote.

CompanyUnderperformOutperform
Ascent IndustriesOutperform Votes
1
100.00%
Underperform Votes
No Votes
Universal Stainless & Alloy ProductsOutperform Votes
265
56.26%
Underperform Votes
206
43.74%

In the previous week, Ascent Industries had 4 more articles in the media than Universal Stainless & Alloy Products. MarketBeat recorded 5 mentions for Ascent Industries and 1 mentions for Universal Stainless & Alloy Products. Universal Stainless & Alloy Products' average media sentiment score of 0.00 beat Ascent Industries' score of -0.05 indicating that Universal Stainless & Alloy Products is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ascent Industries
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Universal Stainless & Alloy Products
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Universal Stainless & Alloy Products has higher revenue and earnings than Ascent Industries. Ascent Industries is trading at a lower price-to-earnings ratio than Universal Stainless & Alloy Products, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ascent Industries$193.18M0.53-$26.63M-$2.65-3.81
Universal Stainless & Alloy Products$285.94M1.00$4.91M$1.0031.19

Ascent Industries currently has a consensus target price of $20.00, suggesting a potential upside of 97.04%. Universal Stainless & Alloy Products has a consensus target price of $30.00, suggesting a potential downside of 3.82%. Given Ascent Industries' higher possible upside, research analysts plainly believe Ascent Industries is more favorable than Universal Stainless & Alloy Products.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ascent Industries
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Universal Stainless & Alloy Products
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Ascent Industries has a beta of 0.69, meaning that its share price is 31% less volatile than the S&P 500. Comparatively, Universal Stainless & Alloy Products has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500.

Summary

Universal Stainless & Alloy Products beats Ascent Industries on 12 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ACNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ACNT vs. The Competition

MetricAscent IndustriesSteel pipe & tubes IndustryIndustrial SectorNASDAQ Exchange
Market Cap$102.21M$1.63B$9.32B$7.78B
Dividend YieldN/AN/A2.06%3.96%
P/E Ratio-3.8111.4921.5818.93
Price / Sales0.5315.818.8281.46
Price / CashN/A11.5915.3428.61
Price / Book0.952.433.774.60
Net Income-$26.63M$86.22M$467.78M$217.41M
7 Day Performance-1.46%1.36%2.12%1.31%
1 Month Performance-5.61%1.72%-3.26%-2.37%
1 Year Performance6.54%24.74%11.13%9.65%

Ascent Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
USAP
Universal Stainless & Alloy Products
0.5383 of 5 stars
$26.15
+0.1%
$30.00
+14.7%
+232.5%$240.06M$285.94M51.27566
NWPX
Northwest Pipe
2.5959 of 5 stars
$31.65
-1.5%
$40.00
+26.4%
+34.1%$313.97M$444.36M15.141,325Analyst Revision
Positive News
MNTX
Manitex International
4.0836 of 5 stars
$5.21
-3.3%
$9.00
+72.7%
+31.6%$105.61M$291.39M14.47705Analyst Revision
UFI
Unifi
1.3827 of 5 stars
$5.97
+3.1%
N/A-35.0%$108.42M$623.53M-2.012,800Analyst Revision
News Coverage
ARC
ARC Document Solutions
4.9572 of 5 stars
$2.64
-1.1%
N/A+0.2%$113.97M$281.20M14.671,900Dividend Announcement
Analyst Revision
TSE
Trinseo
2.6317 of 5 stars
$2.62
-7.8%
$10.33
+295.2%
-79.8%$92.21M$3.68B-0.133,100News Coverage
Gap Down
HURC
Hurco Companies
0.9554 of 5 stars
$18.10
-1.9%
N/A-14.7%$117.83M$227.81M86.19716Negative News
VTNR
Vertex Energy
2.1755 of 5 stars
$1.30
-3.7%
$4.88
+275.0%
-81.5%$121.56M$3.18B0.00481Gap Down
LAKE
Lakeland Industries
4.4626 of 5 stars
$16.55
-2.9%
$22.00
+32.9%
+52.3%$121.97M$124.69M23.311,750
MKFG
Markforged
3.1613 of 5 stars
$0.62
+5.1%
$1.38
+124.0%
-23.4%$123.10M$93.78M-1.17351Analyst Forecast
News Coverage

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This page (NASDAQ:ACNT) was last updated on 5/9/2024 by MarketBeat.com Staff

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