Ascent Industries (ACNT) Competitors

$10.22
-0.15 (-1.45%)
(As of 04/24/2024 ET)

ACNT vs. AP, USAP, NWPX, RSSS, UFI, MKFG, TSE, VTNR, WRAP, and DNMR

Should you be buying Ascent Industries stock or one of its competitors? The main competitors of Ascent Industries include Ampco-Pittsburgh (AP), Universal Stainless & Alloy Products (USAP), Northwest Pipe (NWPX), Research Solutions (RSSS), Unifi (UFI), Markforged (MKFG), Trinseo (TSE), Vertex Energy (VTNR), Wrap Technologies (WRAP), and Danimer Scientific (DNMR).

Ascent Industries vs.

Ampco-Pittsburgh (NYSE:AP) and Ascent Industries (NASDAQ:ACNT) are both small-cap industrial products companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, community ranking, media sentiment, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability.

In the previous week, Ampco-Pittsburgh had 1 more articles in the media than Ascent Industries. MarketBeat recorded 2 mentions for Ampco-Pittsburgh and 1 mentions for Ascent Industries. Ascent Industries' average media sentiment score of 0.12 beat Ampco-Pittsburgh's score of 0.00 indicating that Ampco-Pittsburgh is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ampco-Pittsburgh
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Ascent Industries
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Ampco-Pittsburgh received 302 more outperform votes than Ascent Industries when rated by MarketBeat users. However, 100.00% of users gave Ascent Industries an outperform vote while only 58.72% of users gave Ampco-Pittsburgh an outperform vote.

CompanyUnderperformOutperform
Ampco-PittsburghOutperform Votes
303
58.72%
Underperform Votes
213
41.28%
Ascent IndustriesOutperform Votes
1
100.00%
Underperform Votes
No Votes

Ampco-Pittsburgh has a beta of 0.66, meaning that its share price is 34% less volatile than the S&P 500. Comparatively, Ascent Industries has a beta of 0.73, meaning that its share price is 27% less volatile than the S&P 500.

Ascent Industries has lower revenue, but higher earnings than Ampco-Pittsburgh. Ascent Industries is trading at a lower price-to-earnings ratio than Ampco-Pittsburgh, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ampco-Pittsburgh$422.34M0.10-$39.93M-$2.03-1.04
Ascent Industries$193.18M0.54-$26.63M-$2.65-3.86

Ampco-Pittsburgh has a net margin of -9.45% compared to Ampco-Pittsburgh's net margin of -11.07%. Ampco-Pittsburgh's return on equity of -15.98% beat Ascent Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Ampco-Pittsburgh-9.45% -38.27% -7.60%
Ascent Industries -11.07%-15.98%-8.25%

Ascent Industries has a consensus price target of $20.00, indicating a potential upside of 95.69%. Given Ampco-Pittsburgh's higher probable upside, analysts clearly believe Ascent Industries is more favorable than Ampco-Pittsburgh.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ampco-Pittsburgh
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Ascent Industries
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

49.2% of Ampco-Pittsburgh shares are held by institutional investors. Comparatively, 26.1% of Ascent Industries shares are held by institutional investors. 28.8% of Ampco-Pittsburgh shares are held by insiders. Comparatively, 12.2% of Ascent Industries shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Ampco-Pittsburgh beats Ascent Industries on 10 of the 17 factors compared between the two stocks.

Get Ascent Industries News Delivered to You Automatically

Sign up to receive the latest news and ratings for ACNT and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ACNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

ACNT vs. The Competition

MetricAscent IndustriesSteel IndustryMaterials SectorNASDAQ Exchange
Market Cap$103.43M$1.11B$2.85B$7.48B
Dividend YieldN/A9.10%5.37%3.96%
P/E Ratio-3.8648.75139.1520.61
Price / Sales0.5412.11914,420.9380.22
Price / CashN/A14.9723.3834.58
Price / Book0.961.003.524.30
Net Income-$26.63M$282.53M$173.32M$213.92M
7 Day Performance3.76%0.45%-0.49%1.62%
1 Month Performance-2.20%-1.82%12.41%-3.59%
1 Year Performance5.91%-4.71%141.74%8.17%

Ascent Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AP
Ampco-Pittsburgh
0.2788 of 5 stars
$2.20
-2.7%
N/A-32.6%$43.71M$422.34M-1.081,697Analyst Report
USAP
Universal Stainless & Alloy Products
1.3651 of 5 stars
$25.13
+0.7%
$21.00
-16.4%
+206.5%$230.69M$285.94M49.27566Analyst Report
NWPX
Northwest Pipe
4.1217 of 5 stars
$32.77
+0.6%
$40.00
+22.1%
+9.1%$324.10M$444.36M15.681,325Upcoming Earnings
RSSS
Research Solutions
1.9477 of 5 stars
$3.06
-1.3%
$4.68
+52.8%
+48.6%$99.82M$37.70M-153.00145Analyst Report
UFI
Unifi
1.1533 of 5 stars
$5.70
-1.4%
N/A-20.2%$103.51M$623.53M-1.922,800Upcoming Earnings
MKFG
Markforged
2.3821 of 5 stars
$0.52
-8.8%
$1.38
+166.0%
-29.5%$103.68M$93.78M-0.98351Gap Down
TSE
Trinseo
2.5364 of 5 stars
$3.01
+2.4%
$10.33
+243.3%
-85.5%$106.13M$3.68B-0.153,100
VTNR
Vertex Energy
2.143 of 5 stars
$0.98
-5.8%
$4.88
+397.4%
-82.3%$91.64M$3.18B0.00481Analyst Report
WRAP
Wrap Technologies
0 of 5 stars
$2.02
+5.2%
N/A+53.9%$89.30M$8.05M-5.3269
DNMR
Danimer Scientific
0.8211 of 5 stars
$0.78
flat
$1.63
+107.9%
-72.9%$89.29M$46.68M-0.51271Gap Up

Related Companies and Tools

This page (NASDAQ:ACNT) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners