AdvanSix (ASIX) Stock Forecast, Price & News

1 Wall Street equities research 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 equities research analysts is that investors should "buy" ASIX shares.
View ASIX analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1 year target prices for AdvanSix's stock. Their ASIX share price forecasts range from $50.00 to $50.00. On average, they anticipate the company's stock price to reach $50.00 in the next year. This suggests a possible upside of 62.2% 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 18.9% and is now trading at $30.83.
View the best growth stocks for 2023 here.

AdvanSix saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 467,600 shares, an increase of 12.1% from the August 15th total of 417,100 shares. Based on an average daily trading volume, of 163,700 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.8% of the company's stock are short sold.
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 firm earned $427.94 million during the quarter, compared to analyst estimates of $418.67 million. AdvanSix had a trailing twelve-month return on equity of 15.16% and a net margin of 6.51%.

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 yield of 2.08%. The ex-dividend date of this dividend is Monday, August 14th. This is a positive change 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 2.05%. 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."

AdvanSix's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.22%), Victory Capital Management Inc. (6.24%), Dimensional Fund Advisors LP (5.97%), State Street Corp (3.80%), Alliancebernstein L.P. (3.13%) and LSV Asset Management (2.12%). Insiders that own company stock include Achilles B Kintiroglou, Christopher Gramm, Michael Marberry and Willem L Blindenbach.
View institutional ownership trends.

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 $30.83.

AdvanSix (NYSE:ASIX) has a market capitalization of $838.88 million and generates $1.95 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.