AdvanSix - ASIX Stock Forecast, Price & News

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

1 equities research analysts have issued twelve-month target prices for AdvanSix's stock. Their ASIX share price forecasts range from $52.00 to $76.00. On average, they predict the company's share price to reach $64.00 in the next year. This suggests a possible upside of 46.9% 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 at the beginning of 2023. Since then, ASIX shares have increased by 14.6% and is now trading at $43.57.
View the best growth stocks for 2023 here.

AdvanSix saw a increase in short interest in January. As of January 15th, there was short interest totaling 326,200 shares, an increase of 17.1% from the December 31st total of 278,600 shares. Based on an average daily trading volume, of 140,200 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.2% 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, February 17th 2023.
View our ASIX earnings forecast.

AdvanSix will be holding an earnings conference call on Friday, February 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2764385".

AdvanSix Inc. (NYSE:ASIX) issued its quarterly earnings data on Thursday, October, 28th. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.23. The business had revenue of $446.50 million for the quarter, compared to analyst estimates of $408.15 million. AdvanSix had a net margin of 8.23% and a trailing twelve-month return on equity of 24.18%. During the same period last year, the firm posted ($0.02) EPS.

AdvanSix announced a quarterly dividend on Friday, November 4th. Stockholders of record on Tuesday, November 15th will be given a dividend of $0.145 per share on Tuesday, November 29th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Monday, November 14th.
Read our dividend analysis for ASIX.

AdvanSix (NYSE:ASIX) pays an annual dividend of $0.58 per share and currently has a dividend yield of 1.32%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 10.28% 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), Raytheon Technologies (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 retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.99%), Allspring Global Investments Holdings LLC (0.75%), Essex Investment Management Co. LLC (0.26%), New York State Teachers Retirement System (0.21%), M&G Investment Management Ltd. (0.21%) and Euclidean Technologies Management LLC (0.17%). Insiders that own company stock include Christopher Gramm, Erin N Kane, Michael Marberry, Sharon Spurlin 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.

One share of ASIX stock can currently be purchased for approximately $43.57.

AdvanSix (NYSE:ASIX) has a market capitalization of $1.20 billion and generates $1.68 billion in revenue each year. The company earns $139.79 million in net income (profit) each year or $5.53 on an earnings per share basis.

The company employs 1,375 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.