NASDAQ:ACNT Ascent Industries (ACNT) Stock Price, News & Analysis $10.21 +0.32 (+3.24%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$9.68▼$10.2450-Day Range$9.15▼$10.5752-Week Range$7.20▼$11.19Volume11,677 shsAverage Volume8,293 shsMarket Capitalization$103.43 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Ascent Industries alerts: Email Address Ascent Industries MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.06% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.81Based on 3 Articles This WeekInsider TradingSelling Shares$1.79 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.54 out of 5 starsIndustrial Products Sector149th out of 172 stocksSteel Pipe & Tubes Industry3rd out of 3 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Ascent Industries.Read more about Ascent Industries' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.06% of the float of Ascent Industries has been sold short.Short Interest Ratio / Days to CoverAscent Industries has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ascent Industries has recently decreased by 9.68%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAscent Industries does not currently pay a dividend.Dividend GrowthAscent Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ACNT. Previous Next 2.7 News and Social Media Coverage News SentimentAscent Industries has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Ascent Industries this week, compared to 1 article on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ascent Industries insiders have sold 1,321.27% more of their company's stock than they have bought. Specifically, they have bought $125,614.00 in company stock and sold $1,785,308.00 in company stock.Percentage Held by Insiders12.85% of the stock of Ascent Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.05% of the stock of Ascent Industries is held by institutions.Read more about Ascent Industries' insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ascent Industries is -3.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ascent Industries is -3.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAscent Industries has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Ascent Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… About Ascent Industries Stock (NASDAQ:ACNT)Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube 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 ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries. The company also 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. In addition, it 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.Read More ACNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACNT Stock News HeadlinesJuly 24 at 8:40 AM | businessinsider.comAscent Student Loans Review 2024: Pros & ConsJuly 19, 2024 | tmcnet.comAscent Developer Solutions Launches Strategic Private Lending Platform for Premier Single- and Multi-Family DevelopersJuly 27, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” May 13, 2024 | finance.yahoo.comAscent Industries Co. (NASDAQ:ACNT) Q1 2024 Earnings Call TranscriptMay 13, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: Tecnoglass (TGLS) and Ascent Industries (ACNT)May 10, 2024 | finance.yahoo.comAscent Industries Co. Reports Mixed Q1 2024 Results Amid Market ChallengesMay 9, 2024 | finance.yahoo.comQ1 2024 Ascent Industries Co Earnings CallMay 9, 2024 | finance.yahoo.comAscent Industries Co (ACNT) (Q1 2024) Earnings Call Transcript Highlights: Navigating Market ...July 27, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” May 8, 2024 | msn.comACNT Stock Earnings: Ascent Industries Misses EPS, Beats Revenue for Q1 2024May 8, 2024 | finance.yahoo.comAscent Industries Reports First Quarter 2024 ResultsApril 24, 2024 | businesswire.comAscent Industries Sets First Quarter 2024 Earnings Conference Call for May 8, 2024, at 5:00 p.m. ETApril 17, 2024 | msn.comAscent Industries (ACNT) Price Target Decreased by 15.00% to 17.34April 9, 2024 | markets.businessinsider.comAscent Industries (ACNT) Gets a Buy from Stifel NicolausApril 2, 2024 | finance.yahoo.comAscent Industries Co. (NASDAQ:ACNT) Q4 2023 Earnings Call TranscriptApril 1, 2024 | msn.comProxy Advisors Recommend Sale Of US Steel; Ascent Reports Financial Results; Materion Expects 10% Sales Decline And More: Monday's Top Mining StoriesMarch 30, 2024 | seekingalpha.comAscent Industries Co. (ACNT) Q4 2023 Earnings Call TranscriptMarch 29, 2024 | finance.yahoo.comQ4 2023 Ascent Industries Co Earnings CallSee More Headlines Receive ACNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ascent Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Steel pipe & tubes Sub-IndustryN/A Current SymbolNASDAQ:ACNT CUSIPN/A CIK95953 Webwww.ascentco.com Phone(804) 822-3260Fax864-596-1501Employees514Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($2.68) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-26,630,000.00 Net Margins-13.32% Pretax Margin-19.27% Return on Equity-15.96% Return on Assets-8.68% Debt Debt-to-Equity Ratio0.01 Current Ratio3.06 Quick Ratio1.25 Sales & Book Value Annual Sales$193.18 million Price / Sales0.51 Cash FlowN/A Price / Cash FlowN/A Book Value$10.61 per share Price / Book0.92Miscellaneous Outstanding Shares10,130,000Free Float8,828,000Market Cap$99.38 million OptionableOptionable Beta0.80 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Benjamin L. Rosenzweig (Age 39)Executive Chairman Mr. J. Bryan KitchenPresident, CEO & DirectorMr. Ryan Kavalauskas (Age 40)Chief Financial Officer Mr. Douglas Glenn Tackett Jr. (Age 52)Chief Legal Officer & Corporate Secretary Mr. John W. JohnsonPresident of Ascent TubularMr. Robert A. PeayCorporate SecretaryMore ExecutivesKey CompetitorsOssen InnovationNASDAQ:OSNAmpco-PittsburghNYSE:APUniversal Stainless & Alloy ProductsNASDAQ:USAPNorthwest PipeNASDAQ:NWPXInnoNASDAQ:INHDView All CompetitorsInsiders & InstitutionsPrivet Fund Management LlcSold 172,995 sharesTotal: $1.79 M ($10.32/share)Perritt Capital Management Inc.Bought 5,402 shares on 5/15/2024Ownership: 0.201%John Bryan KitchenBought 4,481 shares on 5/13/2024Total: $46,154.30 ($10.30/share)Vanguard Group Inc.Bought 10,688 shares on 5/10/2024Ownership: 2.537%John Bryan KitchenBought 7,946 shares on 5/10/2024Total: $79,460.00 ($10.00/share)View All Insider TransactionsView All Institutional Transactions ACNT Stock Analysis - Frequently Asked Questions How have ACNT shares performed this year? Ascent Industries' stock was trading at $9.56 at the start of the year. Since then, ACNT stock has increased by 6.8% and is now trading at $10.21. View the best growth stocks for 2024 here. How were Ascent Industries' earnings last quarter? Ascent Industries Co. (NASDAQ:ACNT) posted its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.41) earnings per share for the quarter, missing analysts' consensus estimates of ($0.36) by $0.05. The company earned $44.11 million during the quarter, compared to the consensus estimate of $39.80 million. Ascent Industries had a negative net margin of 13.32% and a negative trailing twelve-month return on equity of 15.96%. Who are Ascent Industries' major shareholders? Ascent Industries' top institutional investors include Concourse Financial Group Securities Inc.. Insiders that own company stock include Privet Fund Management Llc, John Bryan Kitchen and John Robert Zuppo III. View institutional ownership trends. How do I buy shares of Ascent Industries? Shares of ACNT stock can be purchased through any online brokerage account. 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