NYSE:ASIXAdvanSix Stock Price, Forecast & News

$10.97

-0.43 (-3.77 %)

(As of 07/8/2020 04:00 PM ET)

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Today's Range

$10.90

Now: $10.97▼

$11.39

50-Day Range

$10.86

MA: $12.22▼

$16.52

52-Week Range

$8.06

Now: $10.97▼

$27.22

Volume129,700 shs

Average Volume184,758 shs

Market Capitalization$307.16 million

P/E Ratio10.55

Dividend YieldN/A

Beta2.09

AdvanSix Inc. manufactures and sells polymer resins. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce engineered plastics, fibers, filaments, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone, which is used by customers in the production of adhesives, paints, coatings, solvents, herbicides, and other engineered plastic resins, as well as other intermediate chemicals, including phenol, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, cyclohexanol, acetaldehyde oxime, 2-pentanone oxime, sulfuric acid, ammonia, and carbon dioxide. It offers its products under the Aegis, Capra, Sulf-N, Nadone, Naxol, and EZ-Blox brands. The company sells its products directly, as well as through distributors in North America, South America, and internationally. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
AdvanSix has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.50, AdvanSix has a potential upside of 77.8% from its current price of $10.97.
Amount of Analyst Coverage
AdvanSix has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
AdvanSix has received 221 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AdvanSix has received 223 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AdvanSix has received 50.23% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AdvanSix and other stocks. Vote “Outperform” if you believe ASIX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ASIX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
AdvanSix does not currently pay a dividend.
Dividend Growth
AdvanSix does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AdvanSix insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.30% of the stock of AdvanSix is held by insiders.
Percentage Held by Institutions
91.19% of the stock of AdvanSix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for AdvanSix are expected to grow by 151.52% in the coming year, from $1.32 to $3.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AdvanSix is 10.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of AdvanSix is 10.55, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 26.39.
Price to Book Value per Share Ratio
AdvanSix has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.08 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Plastics materials & resins

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:ASIX

Previous SymbolNASDAQ:ASIX

CUSIPN/A

CIK1673985

Webwww.advansix.com

Phone973-526-1800

Debt

Debt-to-Equity Ratio1.05

Current Ratio1.18

Quick Ratio0.59

Price-To-Earnings

Trailing P/E Ratio10.55

Forward P/E Ratio8.31

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.30 billion

Price / Sales0.24

Cash Flow$3.40 per share

Price / Cash Flow3.23

Book Value$14.36 per share

Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)$1.43

Net Income$41.35 million

Net Margins2.31%

Return on Equity7.23%

Return on Assets2.44%

Miscellaneous

Employees1,520

Outstanding Shares28,000,000

Market Cap$307.16 million

Next Earnings Date7/31/2020 (Confirmed)

OptionableOptionable

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AdvanSix (NYSE:ASIX) Frequently Asked Questions

How has AdvanSix's stock been impacted by COVID-19 (Coronavirus)?

AdvanSix's stock was trading at $9.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ASIX shares have increased by 17.6% and is now trading at $10.97. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of AdvanSix?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AdvanSix.

When is AdvanSix's next earnings date?

AdvanSix is scheduled to release its next quarterly earnings announcement on Friday, July 31st 2020. View our earnings forecast for AdvanSix.

How can I listen to AdvanSix's earnings call?

AdvanSix will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were AdvanSix's earnings last quarter?

AdvanSix Inc (NYSE:ASIX) posted its earnings results on Friday, May, 1st. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.16 by $0.15. The firm had revenue of $302.71 million for the quarter, compared to analysts' expectations of $285.70 million. AdvanSix had a return on equity of 7.23% and a net margin of 2.31%. View AdvanSix's earnings history.

What price target have analysts set for ASIX?

3 brokers have issued twelve-month price targets for AdvanSix's shares. Their forecasts range from $19.00 to $20.00. On average, they anticipate AdvanSix's stock price to reach $19.50 in the next twelve months. This suggests a possible upside of 77.8% from the stock's current price. View analysts' price targets for AdvanSix.

Has AdvanSix been receiving favorable news coverage?

Media headlines about ASIX stock have trended negative this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AdvanSix earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about AdvanSix.

Are investors shorting AdvanSix?

AdvanSix saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 649,300 shares, a drop of 20.8% from the June 15th total of 820,000 shares. Based on an average daily trading volume, of 289,300 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.4% of the company's shares are sold short. View AdvanSix's Current Options Chain.

Who are some of AdvanSix's key competitors?

Some companies that are related to AdvanSix include Dow Chemical (DOW), Eastman Chemical (EMN), Albemarle (ALB), Hexcel (HXL), Sinopec Shanghai Petrochemical (SHI), PolyOne (POL), Rogers (ROG), Trinseo (TSE), Kraton (KRA), Cereplast (CERPQ) and ForceField Energy (FNRG). View all competitors.

What other stocks do shareholders of AdvanSix own?

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

Who are AdvanSix's key executives?

AdvanSix's management team includes the following people:

Ms. Erin N. Kane, CEO, Pres & Director (Age 42)
Mr. Michael Preston, CFO & Sr. VP (Age 47)
Mr. John M. Quitmeyer, Sr. VP, Gen. Counsel & Corp. Sec. (Age 68)
Mr. Jonathan Bellamy, Chief HR Officer & Sr. VP (Age 53)
Mr. Christopher Gramm, VP & Controller (Age 49)

What is AdvanSix's stock symbol?

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

How do I buy shares of AdvanSix?

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

What is AdvanSix's stock price today?

One share of ASIX stock can currently be purchased for approximately $10.97.

How big of a company is AdvanSix?

AdvanSix has a market capitalization of $307.16 million and generates $1.30 billion in revenue each year. The company earns $41.35 million in net income (profit) each year or $1.43 on an earnings per share basis. AdvanSix employs 1,520 workers across the globe.

What is AdvanSix's official website?

The official website for AdvanSix is www.advansix.com.

How can I contact AdvanSix?

AdvanSix's mailing address is 300 KIMBALL DRIVE SUITE 101, PARSIPPANY NJ, 07054. The company can be reached via phone at 973-526-1800 or via email at [email protected]

This page was last updated on 7/9/2020 by MarketBeat.com Staff

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