NYSE:ASIX

AdvanSix (ASIX) Stock Price, News & Analysis

$27.15
+0.60 (+2.26%)
(As of 04/23/2024 ET)
Today's Range
$26.57
$27.28
50-Day Range
$25.62
$29.54
52-Week Range
$23.92
$40.85
Volume
107,308 shs
Average Volume
152,430 shs
Market Capitalization
$724.91 million
P/E Ratio
14.29
Dividend Yield
2.36%
Price Target
$40.00

AdvanSix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
47.3% Upside
$40.00 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$486,481 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.

4.80 out of 5 stars

Basic Materials Sector

4th out of 173 stocks

Plastics Materials & Resins Industry

2nd 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

Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
AdvanSix Inc. Common Stock (ASIX)
Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
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
AdvanSix (ASIX) Reports Q4 Loss, Tops Revenue Estimates
AdvanSix declares $0.16 dividend
See More Headlines
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Company Calendar

Last Earnings
2/16/2024
Ex-Dividend for 3/18 Dividend
3/01/2024
Dividend Payable
3/18/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/03/2024
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
+47.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$54.62 million
Pretax Margin
4.51%

Debt

Sales & Book Value

Annual Sales
$1.53 billion
Cash Flow
$4.67 per share
Book Value
$27.43 per share

Miscellaneous

Free Float
25,312,000
Market Cap
$724.91 million
Optionable
Optionable
Beta
1.73
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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 twelve months. 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 1 year price targets 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 year. This suggests a possible upside of 47.3% 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 the year. Since then, ASIX shares have decreased by 9.4% and is now trading at $27.15.
View the best growth stocks for 2024 here
.

Are investors shorting AdvanSix?

AdvanSix saw a decrease in short interest in March. As of March 31st, there was short interest totaling 317,100 shares, a decrease of 20.2% from the March 15th total of 397,400 shares. Based on an average trading volume of 157,800 shares, the short-interest ratio is currently 2.0 days. Approximately 1.3% of the company's shares 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, May 3rd 2024.
View our ASIX earnings forecast
.

How can I listen to AdvanSix's earnings call?

AdvanSix will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7285784".

How were AdvanSix's earnings last quarter?

AdvanSix Inc. (NYSE:ASIX) issued 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 firm earned $382.21 million during the quarter, compared to the consensus estimate of $335.80 million. AdvanSix had a trailing twelve-month return on equity of 6.98% and a net margin of 3.56%.

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

AdvanSix declared a quarterly dividend on Friday, February 16th. Investors of record on Monday, March 4th will be given a dividend of $0.16 per share on Monday, March 18th. This represents a $0.64 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Friday, March 1st.
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 2.36%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.68%. This payout ratio is at a healthy, sustainable level, below 75%. 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 1.14% 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 retail and institutional investors. Top institutional investors include Nilsine Partners LLC (0.08%) and Mesirow Financial Investment Management Inc. (0.03%). 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 4/23/2024 by MarketBeat.com Staff

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