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AdvanSix (ASIX) Stock Price, News & Analysis

$23.52
+0.09 (+0.38%)
(As of 05/22/2024 ET)
Today's Range
$23.15
$23.70
50-Day Range
$22.07
$29.54
52-Week Range
$21.55
$40.85
Volume
114,054 shs
Average Volume
146,506 shs
Market Capitalization
$630.81 million
P/E Ratio
784.26
Dividend Yield
2.72%
Price Target
$40.00

AdvanSix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
70.1% Upside
$40.00 Price Target
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$578,848 Sold Last Quarter
Proj. Earnings Growth
272.12%
From $1.04 to $3.87 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.

4.49 out of 5 stars

Basic Materials Sector

18th out of 170 stocks

Plastics Materials & Resins Industry

5th out of 11 stocks

ASIX stock logo

About AdvanSix Stock (NYSE:ASIX)

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. It offers its products under the Aegis, Capran, Sulf-N, Nadone, Naxol, and EZ-Blox brands. The company sells its products directly, as well as through distributors. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.

ASIX Stock Price History

ASIX Stock News Headlines

AdvanSix: Q1 Earnings Snapshot
AdvanSix Q1 2024 Earnings Preview
AdvanSix Inc. Common Stock (ASIX)
AdvanSix Inc CEO Erin Kane Sells Company Shares
AdvanSix Inc CEO Erin Kane Sells 6,385 Shares
ASIX Apr 2024 17.500 put
AdvanSix Inc.
AdvanSix Inc. (NYSE:ASIX) Q4 2023 Earnings Call Transcript
ASIX Mar 2024 30.000 call
Update: ASIX, February 16
See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 3/18 Dividend
3/01/2024
Dividend Payable
3/18/2024
Ex-Dividend for 5/28 Dividend
5/13/2024
Today
5/22/2024
Dividend Payable
5/28/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
N/A
Previous Symbol
NASDAQ:ASIX
Fax
N/A
Employees
1,450
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$44.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+70.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$54.62 million
Pretax Margin
0.11%

Debt

Sales & Book Value

Annual Sales
$1.53 billion
Cash Flow
$4.49 per share
Book Value
$26.59 per share

Miscellaneous

Free Float
25,317,000
Market Cap
$630.81 million
Optionable
Optionable
Beta
1.74
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Key Executives

  • Ms. Erin N. Kane (Age 47)
    CEO, President & Director
    Comp: $2.03M
  • Mr. Michael Preston (Age 52)
    CFO & Senior VP
    Comp: $857.25k
  • Mr. Achilles B. Kintiroglou (Age 45)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $695.62k
  • Ms. Kelly J. Slieter (Age 49)
    Senior VP & Chief Human Resources Officer
    Comp: $605.66k
  • Mr. Christopher GrammMr. Christopher Gramm (Age 54)
    VP & Controller
    Comp: $454k
  • Ms. Jacqueline Grunwald
    VP & Chief Information Officer
  • Adam Kressel
    Director of Investor Relations

ASIX Stock Analysis - Frequently Asked Questions

Should I buy or sell AdvanSix stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASIX shares.
View ASIX analyst ratings
or view top-rated stocks.

What is AdvanSix's stock price target for 2024?

2 brokers have issued 12-month target prices for AdvanSix's stock. Their ASIX share price targets range from $36.00 to $44.00. On average, they anticipate the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 70.1% from the stock's current price.
View analysts price targets for ASIX
or view top-rated stocks among Wall Street analysts.

How have ASIX shares performed in 2024?

AdvanSix's stock was trading at $29.96 at the beginning of 2024. Since then, ASIX stock has decreased by 21.5% and is now trading at $23.52.
View the best growth stocks for 2024 here
.

Are investors shorting AdvanSix?

AdvanSix saw a decrease in short interest in April. As of April 30th, there was short interest totaling 266,900 shares, a decrease of 14.3% from the April 15th total of 311,500 shares. Based on an average trading volume of 148,200 shares, the short-interest ratio is currently 1.8 days. Approximately 1.1% of the company's stock are sold short.
View AdvanSix's Short Interest
.

When is AdvanSix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
View our ASIX earnings forecast
.

How were AdvanSix's earnings last quarter?

AdvanSix Inc. (NYSE:ASIX) posted its earnings results on Thursday, October, 28th. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.23. The company earned $446.50 million during the quarter, compared to the consensus estimate of $408.15 million. AdvanSix had a net margin of 0.15% and a trailing twelve-month return on equity of 0.06%. During the same quarter last year, the business earned ($0.02) EPS.

How often does AdvanSix pay dividends? What is the dividend yield for AdvanSix?

AdvanSix declared a quarterly dividend on Friday, May 3rd. Investors of record on Tuesday, May 14th will be given a dividend of $0.16 per share on Tuesday, May 28th. This represents a $0.64 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date is Monday, May 13th.
Read our dividend analysis for ASIX
.

Is AdvanSix a good dividend stock?

AdvanSix (NYSE:ASIX) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.62%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 2,134.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ASIX will have a dividend payout ratio of 16.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASIX.

What ETF holds AdvanSix's stock?

Invesco S&P SmallCap Materials ETF holds 6,181 shares of ASIX stock, representing 0.94% of its portfolio.

What other stocks do shareholders of AdvanSix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AdvanSix investors own include Alibaba Group (BABA), Procter & Gamble (PG), Home Depot (HD), RTX (RTX), Thermo Fisher Scientific (TMO), CVS Health (CVS), Johnson & Johnson (JNJ), NVIDIA (NVDA) and Cisco Systems (CSCO).

Who are AdvanSix's major shareholders?

AdvanSix's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.40%), LSV Asset Management (1.91%), First Eagle Investment Management LLC (1.71%), Donald Smith & CO. Inc. (0.60%), Russell Investments Group Ltd. (0.56%) and Principal Financial Group Inc. (0.55%). Insiders that own company stock include Achilles B Kintiroglou, Christopher Gramm, Erin N Kane and Michael Marberry.
View institutional ownership trends
.

How do I buy shares of AdvanSix?

Shares of ASIX 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 (NYSE:ASIX) was last updated on 5/23/2024 by MarketBeat.com Staff

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