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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
How O.J. Simpson burned the Ford Bronco into America's collective memory
NASDAQ:ACNT

Ascent Industries (ACNT) Stock Price, News & Analysis

$10.46
-0.22 (-2.06%)
(As of 04/12/2024 ET)
Today's Range
$10.35
$10.60
50-Day Range
$9.66
$10.90
52-Week Range
$7.20
$11.19
Volume
2,942 shs
Average Volume
6,189 shs
Market Capitalization
$105.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

Ascent Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
91.2% Upside
$20.00 Price Target
Short Interest
Healthy
0.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Ascent Industries in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.14) to $0.69 Per Share

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.

2.93 out of 5 stars

Industrial Products Sector

98th out of 165 stocks

Steel Pipe & Tubes Industry

1st out of 2 stocks

ACNT stock logo

About Ascent Industries Stock (NASDAQ:ACNT)

Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products 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 galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it 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. Further, the company 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.

ACNT Stock Price History

ACNT Stock News Headlines

Ascent Industries (ACNT) Gets a Buy from Stifel Nicolaus
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Q4 2023 Ascent Industries Co Earnings Call
Ascent Industries: Q4 Earnings Insights
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Earnings Outlook For Ascent Industries
Best IRA Accounts for March 2024
Ascent Industries: Operations Are Improving Again
Ascent Industries Promotes New Executive Management Team
Ascent Industries Promotes New Executive Management Team
Ascent Industries Co ACNT
See More Headlines
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Company Calendar

Today
4/13/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Steel pipe & tubes
Sub-Industry
N/A
Current Symbol
NASDAQ:ACNT
Employees
698
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+91.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-26,630,000.00
Pretax Margin
-21.26%

Debt

Sales & Book Value

Annual Sales
$193.18 million
Book Value
$10.61 per share

Miscellaneous

Free Float
8,894,000
Market Cap
$105.91 million
Optionable
Optionable
Beta
0.73
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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 year. 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 12 month price objectives for Ascent Industries' shares. Their ACNT share price targets range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 91.2% 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 beginning of 2024. Since then, ACNT stock has increased by 9.4% and is now trading at $10.46.
View the best growth stocks for 2024 here
.

Are investors shorting Ascent Industries?

Ascent Industries saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 9,100 shares, a drop of 10.8% from the March 15th total of 10,200 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is presently 1.4 days. Currently, 0.1% of the company's stock 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, May 14th 2024.
View our ACNT earnings forecast
.

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 4/13/2024 by MarketBeat.com Staff

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