NYSE:ASIX AdvanSix - ASIX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding AdvanSix Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $42.94 -0.63 (-1.45%) (As of 02/8/2023 12:50 PM ET) Add Compare Share Share Today's Range$42.74▼$43.3150-Day Range$36.72▼$43.8652-Week Range$30.69▼$57.10Volume22,567 shsAverage Volume112,945 shsMarket Capitalization$1.18 billionP/E Ratio7.76Dividend Yield1.35%Price Target$64.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AdvanSix MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.4% Upside$64.00 Price TargetShort InterestHealthy1.23% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 3 Articles This WeekInsider TradingSelling Shares$80,300 Sold Last QuarterProj. Earnings Growth-10.48%From $6.30 to $5.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.70 out of 5 starsBasic Materials Sector20th out of 157 stocksPlastics Materials & Resins Industry2nd out of 11 stocks 3.5 Analyst's Opinion Consensus RatingAdvanSix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.00, AdvanSix has a forecasted upside of 48.4% from its current price of $43.14.Amount of Analyst CoverageAdvanSix has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.23% of the float of AdvanSix has been sold short.Short Interest Ratio / Days to CoverAdvanSix has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AdvanSix has recently increased by 17.09%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAdvanSix pays a meaningful dividend of 1.35%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAdvanSix has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of AdvanSix is 10.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, AdvanSix will have a dividend payout ratio of 10.28% next year. This indicates that AdvanSix will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASIX. Previous Next 3.3 News and Social Media Coverage News SentimentAdvanSix has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AdvanSix this week, compared to 5 articles on an average week.Search Interest2 people have searched for ASIX on MarketBeat in the last 30 days. MarketBeat Follows3 people have added AdvanSix to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AdvanSix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $80,300.00 in company stock.Percentage Held by InsidersOnly 3.90% of the stock of AdvanSix is held by insiders.Percentage Held by Institutions83.67% of the stock of AdvanSix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for AdvanSix are expected to decrease by -10.48% in the coming year, from $6.30 to $5.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AdvanSix is 7.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.09.Price to Earnings Ratio vs. SectorThe P/E ratio of AdvanSix is 7.80, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 94.00.Price to Book Value per Share RatioAdvanSix has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AdvanSix (NYSE:ASIX) StockAdvansix, Inc. engages in the development and production of nylon resin products and other additives. The firm's products include nylon resin, caprolactam, ammonium sulfate fertilizer and chemical intermediates. It offers products to carpet, engineering plastic, food packaging, building and construction, composites, plant nutrition, paints and coating markets. The company was founded on May 4, 2016 and is headquartered in Parsippany, NJ.Read More Receive ASIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AdvanSix and its competitors with MarketBeat's FREE daily newsletter. Email Address ASIX Stock News HeadlinesFebruary 2, 2023 | americanbankingnews.comAdvanSix (NYSE:ASIX) Stock Rating Lowered by StockNews.comJanuary 14, 2023 | benzinga.comAdvanSix Stock (NYSE:ASIX), Quotes and News SummaryFebruary 8, 2023 | Investing Trends (Ad)Without Graphite, There Would Be ZERO EV Batteries!Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.December 21, 2022 | finance.yahoo.comIs AdvanSix Inc.'s (NYSE:ASIX) Latest Stock Performance A Reflection Of Its Financial Health?November 23, 2022 | finance.yahoo.comInvestors Will Want AdvanSix's (NYSE:ASIX) Growth In ROCE To PersistNovember 21, 2022 | stocknews.comIf You Want Passive Income, You Will Love This StockNovember 9, 2022 | finance.yahoo.comAdvanSix Third Quarter 2022 Earnings: Beats ExpectationsNovember 4, 2022 | benzinga.comA Preview Of AdvanSix's EarningsFebruary 8, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.November 4, 2022 | msn.comAdvanSix: Q3 Earnings InsightsNovember 4, 2022 | seekingalpha.comAdvanSix (ASIX) Q3 2022 Results - Earnings Call TranscriptNovember 4, 2022 | finance.yahoo.comAdvanSix (ASIX) Tops Q3 Earnings and Revenue EstimatesNovember 4, 2022 | finance.yahoo.comWith 86% ownership of the shares, AdvanSix Inc. (NYSE:ASIX) is heavily dominated by institutional ownersOctober 20, 2022 | finance.yahoo.comWhat Does AdvanSix Inc.'s (NYSE:ASIX) Share Price Indicate?October 19, 2022 | nasdaq.comFollowing a 23% decline over last year, recent gains may please AdvanSix Inc. (NYSE:ASIX) institutional owners - NasdaqOctober 13, 2022 | nasdaq.comAnalysts Expect 24% Upside For DES - NasdaqOctober 7, 2022 | businesswire.comAdvanSix Provides Update on Third Quarter Turnaround and Expected Financial Results - Business WireOctober 6, 2022 | finance.yahoo.comAdvanSix's (NYSE:ASIX) 16% CAGR outpaced the company's earnings growth over the same three-year periodOctober 4, 2022 | finance.yahoo.comAmmonium Sulfate Global Market Report 2022 - Yahoo FinanceOctober 3, 2022 | globenewswire.comThe Global Phenol Market is expected to grow by $5.84 bn during 2022-2026, accelerating at a CAGR of 4.36% during the forecast period - GlobeNewswireSeptember 30, 2022 | reuters.comASIX.K - AdvanSix Inc | Stock Price & Latest News | ReutersSeptember 26, 2022 | nasdaq.comAt US$31.94, Is It Time To Put AdvanSix Inc. (NYSE:ASIX) On Your Watch List? - NasdaqSeptember 23, 2022 | seekingalpha.comAdvanSix Stock: No Longer Advancing (NYSE:ASIX) - Seeking AlphaSeptember 22, 2022 | finance.yahoo.comA AdvanSix Inc. (NYSE:ASIX) insider increased their holdings by 0.7% last yearSeptember 12, 2022 | cnbc.comLightning round: Cramer says buy this auto maker and this battery maker - CNBCSeptember 8, 2022 | finance.yahoo.comHere's Why We Think AdvanSix (NYSE:ASIX) Might Deserve Your Attention TodaySeptember 8, 2022 | finance.yahoo.comAdvanSix Inc. (ASIX)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ASIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AdvanSix and its competitors with MarketBeat's FREE daily newsletter. Email Address ASIX Company Calendar Last Earnings10/28/2021Ex-Dividend for 11/29 Dividend11/14/2022Dividend Payable11/29/2022Today2/08/2023Next Earnings (Confirmed)2/17/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Plastics materials & resins Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:ASIX Previous SymbolNASDAQ:ASIX CUSIPN/A CIK1673985 Webwww.advansix.com Phone(844) 890-8949FaxN/AEmployees1,375Year FoundedN/APrice Target and Rating Average Stock Price Forecast$64.00 High Stock Price Forecast$76.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside+49.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$5.53 Trailing P/E Ratio7.76 Forward P/E Ratio6.82 P/E GrowthN/ANet Income$139.79 million Net Margins8.23% Pretax Margin10.80% Return on Equity24.18% Return on Assets11.41% Debt Debt-to-Equity Ratio0.19 Current Ratio1.14 Quick Ratio0.68 Sales & Book Value Annual Sales$1.68 billion Price / Sales0.70 Cash Flow$7.30 per share Price / Cash Flow5.88 Book Value$21.37 per share Price / Book2.01Miscellaneous Outstanding Shares27,570,000Free Float26,492,000Market Cap$1.18 billion OptionableOptionable Beta1.84 Key ExecutivesErin N. KanePresident, Chief Executive Officer & DirectorMichael PrestonChief Financial Officer & Senior Vice PresidentAchilles B. KintiroglouSecretary, Senior Vice President & General CounselKelly Jean SlieterChief Human Resources Officer & Senior VPChristopher GrammVice President & ControllerKey CompetitorsAvientNYSE:AVNTPiedmont LithiumNASDAQ:PLLFortuna Silver MinesNYSE:FSMAndersonsNASDAQ:ANDECoeur MiningNYSE:CDEView All CompetitorsInsiders & InstitutionsTD Asset Management IncBought 4,100 shares on 2/7/2023Ownership: 0.095%Texas Permanent School FundSold 1,613 shares on 2/7/2023Ownership: 0.067%LPL Financial LLCSold 631 shares on 2/7/2023Ownership: 0.026%Shell Asset Management Co.Sold 1,207 shares on 2/7/2023Ownership: 0.022%Arete Wealth Advisors LLCBought 484 shares on 2/6/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ASIX Stock - Frequently Asked Questions Should I buy or sell AdvanSix stock right now? 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. What is AdvanSix's stock price forecast for 2023? 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. How have ASIX shares performed in 2023? 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. Are investors shorting AdvanSix? 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. When is AdvanSix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 17th 2023. View our ASIX earnings forecast. How can I listen to AdvanSix's earnings call? 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". How were AdvanSix's earnings last quarter? 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. How often does AdvanSix pay dividends? What is the dividend yield for AdvanSix? 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. Is AdvanSix a good dividend stock? 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. What other stocks do shareholders of AdvanSix own? 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). 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 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. How do I buy shares of AdvanSix? 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. What is AdvanSix's stock price today? One share of ASIX stock can currently be purchased for approximately $43.57. How much money does AdvanSix make? 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. How many employees does AdvanSix have? The company 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 the company 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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