AdvanSix (ASIX) Projected to Post Earnings on Friday

AdvanSix (NYSE:ASIX - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Friday, August 1st. Analysts expect AdvanSix to post earnings of $1.19 per share for the quarter.

AdvanSix Stock Up 0.0%

ASIX stock traded up $0.01 during trading on Friday, hitting $21.94. 198,850 shares of the stock traded hands, compared to its average volume of 216,686. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.56. The stock has a market cap of $588.10 million, a price-to-earnings ratio of 7.03 and a beta of 1.60. The firm's 50 day moving average is $23.68 and its two-hundred day moving average is $24.85. AdvanSix has a 1 year low of $18.44 and a 1 year high of $33.00.

AdvanSix Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 13th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.92%. The ex-dividend date was Tuesday, May 13th. AdvanSix's dividend payout ratio is currently 20.51%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ASIX shares. Piper Sandler set a $32.00 price objective on shares of AdvanSix in a research note on Monday, May 19th. Wall Street Zen upgraded shares of AdvanSix from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 31st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of AdvanSix by 4.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,147 shares of the company's stock valued at $343,000 after acquiring an additional 604 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of AdvanSix by 23.2% in the first quarter. Royal Bank of Canada now owns 18,990 shares of the company's stock valued at $430,000 after acquiring an additional 3,575 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in AdvanSix by 35.7% in the first quarter. AQR Capital Management LLC now owns 74,743 shares of the company's stock worth $1,693,000 after purchasing an additional 19,668 shares in the last quarter. 86.39% of the stock is owned by hedge funds and other institutional investors.

AdvanSix Company Profile

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.