AdvanSix (ASIX) to Release Quarterly Earnings on Friday

AdvanSix (NYSE:ASIX - Get Free Report) is set to release its earnings data before the market opens on Friday, May 3rd. Analysts expect AdvanSix to post earnings of ($0.66) per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

AdvanSix (NYSE:ASIX - Get Free Report) last announced its quarterly earnings data on Friday, February 16th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. The business had revenue of $382.21 million during the quarter, compared to analyst estimates of $335.80 million. AdvanSix had a return on equity of 6.98% and a net margin of 3.56%. On average, analysts expect AdvanSix to post $1 EPS for the current fiscal year and $4 EPS for the next fiscal year.

AdvanSix Price Performance

Shares of AdvanSix stock traded up $0.12 during trading on Friday, hitting $26.02. The stock had a trading volume of 78,919 shares, compared to its average volume of 149,925. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.17 and a quick ratio of 0.58. The firm has a market cap of $694.60 million, a P/E ratio of 13.69 and a beta of 1.73. The business has a fifty day moving average of $27.24 and a two-hundred day moving average of $27.25. AdvanSix has a fifty-two week low of $23.92 and a fifty-two week high of $40.85.

AdvanSix Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 18th. Stockholders of record on Monday, March 4th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.46%. The ex-dividend date was Friday, March 1st. AdvanSix's dividend payout ratio is 33.68%.

Analyst Ratings Changes

Separately, Stifel Nicolaus reaffirmed a "buy" rating and set a $40.00 target price on shares of AdvanSix in a report on Tuesday, April 9th.

Insider Buying and Selling

In related news, CEO Erin N. Kane sold 1,385 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $27.96, for a total value of $38,724.60. Following the completion of the sale, the chief executive officer now directly owns 556,370 shares of the company's stock, valued at approximately $15,556,105.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other AdvanSix news, SVP Achilles B. Kintiroglou sold 4,000 shares of the company's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $27.80, for a total value of $111,200.00. Following the transaction, the senior vice president now directly owns 42,996 shares of the company's stock, valued at approximately $1,195,288.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Erin N. Kane sold 1,385 shares of the company's stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $27.96, for a total value of $38,724.60. Following the completion of the transaction, the chief executive officer now directly owns 556,370 shares in the company, valued at $15,556,105.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,387 shares of company stock valued at $486,481. Corporate insiders own 5.20% of the company's stock.

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.