S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:ASIX

AdvanSix - ASIX Stock Forecast, Price & News

$39.53
+1.25 (+3.27%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$38.41
$41.65
50-Day Range
$31.39
$47.59
52-Week Range
$30.86
$57.10
Volume
162,841 shs
Average Volume
144,536 shs
Market Capitalization
$1.11 billion
P/E Ratio
5.91
Dividend Yield
1.26%
Price Target
$69.00

AdvanSix MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
74.6% Upside
$69.00 Price Target
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.03mentions of AdvanSix in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$38,420 Sold Last Quarter
Proj. Earnings Growth
-0.25%
From $7.96 to $7.94 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.58 out of 5 stars

Basic Materials Sector

49th out of 219 stocks

Plastics Materials & Resins Industry

6th out of 13 stocks

ASIX stock logo

About AdvanSix (NYSE:ASIX) Stock

AdvanSix Inc. manufactures and sells 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, alpha-methyl styrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, 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. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.

Analyst Ratings Changes

Separately, StockNews.com raised AdvanSix from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, May 11th.

AdvanSix Price Performance

Shares of NYSE:ASIX opened at $39.53 on Friday. AdvanSix has a fifty-two week low of $30.86 and a fifty-two week high of $57.10. The business has a 50-day moving average of $37.45 and a two-hundred day moving average of $42.84. The stock has a market capitalization of $1.11 billion, a P/E ratio of 5.91 and a beta of 1.85. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.34 and a quick ratio of 0.81.

AdvanSix (NYSE:ASIX - Get Rating) last posted its quarterly earnings data on Friday, May 6th. The company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.41. The business had revenue of $479.07 million for the quarter, compared to analyst estimates of $481.77 million. AdvanSix had a return on equity of 29.76% and a net margin of 9.78%. On average, equities research analysts predict that AdvanSix will post 7.96 EPS for the current fiscal year.

Insider Transactions at AdvanSix

In other news, insider Christopher Gramm sold 1,000 shares of AdvanSix stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $38.42, for a total value of $38,420.00. Following the transaction, the insider now directly owns 38,765 shares in the company, valued at $1,489,351.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.90% of the stock is currently owned by corporate insiders.

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ASIX Stock News Headlines

AdvanSix (ASIX) Misses Q2 Earnings Estimates
Is AdvanSix (ASIX) Stock Undervalued Right Now?
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ASIX Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 5/31 Dividend
5/16/2022
Dividend Payable
5/31/2022
Today
8/07/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
N/A
Previous Symbol
NASDAQ:ASIX
Fax
N/A
Employees
1,375
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$69.00
High Stock Price Forecast
$76.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+74.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$139.79 million
Pretax Margin
12.87%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$7.32 per share
Book Value
$21.37 per share

Miscellaneous

Free Float
27,007,000
Market Cap
$1.11 billion
Optionable
Optionable
Beta
1.85














ASIX Stock - Frequently Asked Questions

Should I buy or sell AdvanSix stock right now?

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" AdvanSix stock.
View analyst ratings for AdvanSix
or view top-rated stocks.

What is AdvanSix's stock price forecast for 2022?

1 Wall Street research analysts have issued 1 year price targets for AdvanSix's shares. Their ASIX stock forecasts range from $62.00 to $76.00. On average, they expect AdvanSix's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 74.6% from the stock's current price.
View analysts' price targets for AdvanSix
or view top-rated stocks among Wall Street analysts.

How has AdvanSix's stock price performed in 2022?

AdvanSix's stock was trading at $47.25 at the beginning of 2022. Since then, ASIX shares have decreased by 16.3% and is now trading at $39.53.
View the best growth stocks for 2022 here
.

Are investors shorting AdvanSix?

AdvanSix saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 388,100 shares, a decline of 27.0% from the June 15th total of 531,700 shares. Based on an average daily trading volume, of 226,900 shares, the short-interest ratio is currently 1.7 days. Currently, 1.4% of the shares of the stock are sold short.
View AdvanSix's Short Interest
.

When is AdvanSix's next earnings date?

AdvanSix is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our earnings forecast for AdvanSix
.

How were AdvanSix's earnings last quarter?

AdvanSix Inc. (NYSE:ASIX) announced its quarterly earnings data on Thursday, October, 28th. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.23. The business earned $446.50 million during the quarter, compared to analysts' expectations of $408.15 million. AdvanSix had a net margin of 9.78% and a trailing twelve-month return on equity of 29.76%. During the same quarter in the previous year, the company earned ($0.02) EPS.

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

AdvanSix announced a quarterly dividend on Friday, May 6th. Investors of record on Tuesday, May 17th will be given a dividend of $0.125 per share on Tuesday, May 31st. This represents a $0.50 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Monday, May 16th.
View AdvanSix's dividend history
.

Is AdvanSix a good dividend stock?

AdvanSix(NYSE:ASIX) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.26%. The dividend payout ratio of AdvanSix is 7.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AdvanSix will have a dividend payout ratio of 6.30% next year. This indicates that AdvanSix will be able to sustain or increase its dividend.
View AdvanSix's dividend history.

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), Procter & Gamble (PG), Home Depot (HD), Raytheon Technologies (RTX), Thermo Fisher Scientific (TMO), CVS Health (CVS), Johnson & Johnson (JNJ), NVIDIA (NVDA) and Cisco Systems (CSCO).

What is AdvanSix's stock symbol?

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

Who are AdvanSix's major shareholders?

AdvanSix's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (2.26%), Thompson Siegel & Walmsley LLC (0.93%), Allspring Global Investments Holdings LLC (0.46%), New York State Teachers Retirement System (0.20%), Russell Investments Group Ltd. (0.18%) and State of New Jersey Common Pension Fund D (0.18%). Company insiders that own AdvanSix stock include Christopher Gramm, Daniel F Sansone, Erin N Kane, Michael Marberry, Sharon Spurlin and Willem L Blindenbach.
View institutional ownership trends for AdvanSix
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is AdvanSix's stock price today?

One share of ASIX stock can currently be purchased for approximately $39.53.

How much money does AdvanSix make?

AdvanSix (NYSE:ASIX) has a market capitalization of $1.11 billion and generates $1.68 billion in revenue each year. The company earns $139.79 million in net income (profit) each year or $6.69 on an earnings per share basis.

How many employees does AdvanSix have?

AdvanSix employs 1,375 workers across the globe.

How can I contact AdvanSix?

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

This page (NYSE:ASIX) was last updated on 8/7/2022 by MarketBeat.com Staff

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