AdvanSix - ASIX Stock Forecast, Price & News

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.

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.

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.

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.

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

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.

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.

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.

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).

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 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.

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.

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

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.

AdvanSix employs 1,375 workers across the globe.

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.