AdvanSix (ASIX) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ASIX shares.
View ASIX analyst ratings or view top-rated stocks.

1 brokerages have issued twelve-month price targets for AdvanSix's stock. Their ASIX share price forecasts range from $44.00 to $50.00. On average, they predict the company's share price to reach $47.00 in the next twelve months. This suggests a possible upside of 62.9% from the stock's current price.
View analysts price targets for ASIX or view top-rated stocks among Wall Street analysts.

AdvanSix's stock was trading at $38.02 on January 1st, 2023. Since then, ASIX shares have decreased by 24.1% and is now trading at $28.86.
View the best growth stocks for 2023 here.

AdvanSix saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 517,600 shares, an increase of 10.7% from the August 31st total of 467,600 shares. Based on an average trading volume of 171,100 shares, the short-interest ratio is presently 3.0 days. Currently, 2.0% of the shares of the stock are sold short.
View AdvanSix's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our ASIX earnings forecast.

AdvanSix Inc. (NYSE:ASIX) announced its quarterly earnings data on Friday, August, 4th. The company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $1.04 by $0.14. The business earned $427.94 million during the quarter, compared to analysts' expectations of $418.67 million. AdvanSix had a net margin of 6.51% and a trailing twelve-month return on equity of 15.16%.

AdvanSix announced a quarterly dividend on Friday, August 4th. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.16 per share on Tuesday, August 29th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Monday, August 14th. This is a boost from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for ASIX.

ETFs with the largest weight of AdvanSix (NYSE:ASIX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Roundhill Acquirers Deep Value ETF (DEEP), First Trust Small Cap Value AlphaDEX Fund (FYT) and iShares Micro-Cap ETF (IWC).First Trust Indxx Global Agriculture ETF (FTAG).

AdvanSix (NYSE:ASIX) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.07%. 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 16.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 14.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASIX.

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).

AdvanSix trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASIX."

Shares of ASIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ASIX stock can currently be purchased for approximately $28.86.

AdvanSix (NYSE:ASIX) has a market capitalization of $785.37 million and generates $1.71 billion in revenue each year. The company earns $171.89 million in net income (profit) each year or $3.91 on an earnings per share basis.

The company employs 1,458 workers across the globe.

AdvanSix's mailing address is 300 KIMBALL DRIVE SUITE 101, PARSIPPANY NJ, 07054. The official website for the company is www.advansix.com. The company can be reached via phone at (844) 890-8949 or via email at investorrelations@advansix.com.