AdvanSix Stock Price, News & Analysis (NYSE:ASIX)

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last year. There are currently 1 buy rating 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.

1 analysts have issued 12-month target prices for AdvanSix's shares. Their ASIX share price targets range from $36.00 to $44.00. On average, they expect the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 53.3% 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 stock has decreased by 31.4% and is now trading at $26.09.
View the best growth stocks for 2023 here.

AdvanSix saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 419,100 shares, an increase of 60.1% from the October 31st total of 261,800 shares. Based on an average daily volume of 185,200 shares, the short-interest ratio is currently 2.3 days. Approximately 1.6% of the shares of the company are sold short.
View AdvanSix's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 16th 2024.
View our ASIX earnings forecast.

AdvanSix Inc. (NYSE:ASIX) announced its quarterly earnings data on Friday, November, 3rd. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.35. The firm earned $322.91 million during the quarter, compared to analyst estimates of $367.90 million. AdvanSix had a trailing twelve-month return on equity of 12.10% and a net margin of 6.00%.

AdvanSix declared a quarterly dividend on Friday, November 3rd. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.16 per share on Tuesday, November 28th. This represents a $0.64 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Monday, November 13th.
Read our dividend analysis for ASIX.

AdvanSix (NYSE:ASIX) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.41%. 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 19.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 21.33% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (8.00%), LSV Asset Management (2.14%), Charles Schwab Investment Management Inc. (1.53%), JPMorgan Chase & Co. (1.43%), Bank of New York Mellon Corp (1.20%) and Invesco Ltd. (1.20%). 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.
Compare Top Brokerages Here.