AdvanSix (ASIX) Projected to Post Earnings on Friday

AdvanSix (NYSE:ASIX - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect AdvanSix to post earnings of $0.83 per share and revenue of $347.25 million for the quarter.

AdvanSix (NYSE:ASIX - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.37) by $0.40. The business had revenue of $329.06 million for the quarter, compared to the consensus estimate of $377.15 million. AdvanSix had a return on equity of 6.26% and a net margin of 2.91%.

AdvanSix Trading Down 0.2 %

Shares of ASIX traded down $0.04 during mid-day trading on Wednesday, reaching $21.41. 197,698 shares of the company's stock traded hands, compared to its average volume of 145,480. The stock's 50-day moving average is $23.02 and its two-hundred day moving average is $27.62. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.08 and a quick ratio of 0.49. The stock has a market cap of $573.96 million, a P/E ratio of 13.30 and a beta of 1.64. AdvanSix has a 12 month low of $18.44 and a 12 month high of $33.00.

AdvanSix Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were given a $0.16 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.64 annualized dividend and a dividend yield of 2.99%. AdvanSix's payout ratio is presently 39.75%.

Insider Buying and Selling

In other news, CEO Erin N. Kane sold 5,000 shares of AdvanSix stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $30.19, for a total value of $150,950.00. Following the transaction, the chief executive officer now directly owns 502,795 shares of the company's stock, valued at $15,179,381.05. The trade was a 0.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Achilles B. Kintiroglou sold 4,000 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $22.24, for a total transaction of $88,960.00. Following the completion of the transaction, the senior vice president now owns 36,363 shares of the company's stock, valued at $808,713.12. This trade represents a 9.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. UBS Group set a $35.00 target price on AdvanSix in a research report on Tuesday, March 18th. StockNews.com downgraded AdvanSix from a "buy" rating to a "hold" rating in a research report on Monday, March 24th. Finally, Piper Sandler lowered shares of AdvanSix from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $35.00 to $26.00 in a report on Monday, April 7th.

About AdvanSix

AdvanSix Inc engages in the manufacture and sale of polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide.