AdvanSix - ASIX Stock Forecast, Price & News

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

1 equities research analysts have issued 1 year target prices for AdvanSix's stock. Their ASIX share price forecasts range from $52.00 to $52.00. On average, they expect the company's stock price to reach $52.00 in the next year. This suggests a possible upside of 48.7% 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 on January 1st, 2023. Since then, ASIX stock has decreased by 8.0% and is now trading at $34.98.
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AdvanSix saw a increase in short interest in February. As of February 15th, there was short interest totaling 296,200 shares, an increase of 5.2% from the January 31st total of 281,600 shares. Based on an average daily volume of 142,500 shares, the short-interest ratio is presently 2.1 days. Currently, 1.1% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our ASIX earnings forecast.

AdvanSix Inc. (NYSE:ASIX) issued its quarterly earnings data on Friday, February, 17th. The company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by $0.30. The firm had revenue of $404.06 million for the quarter, compared to analysts' expectations of $472.63 million. AdvanSix had a net margin of 8.83% and a trailing twelve-month return on equity of 24.50%.

AdvanSix announced a quarterly dividend on Friday, February 17th. Investors of record on Friday, March 3rd will be given a dividend of $0.145 per share on Friday, March 17th. This represents a $0.58 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Thursday, March 2nd.
Read our dividend analysis for ASIX.

ETFs with the largest weight of AdvanSix (NYSE:ASIX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Invesco DWA Basic Materials Momentum ETF (PYZ), Roundhill Acquirers Deep Value ETF (DEEP), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares U.S. Infrastructure ETF (IFRA), Royce Quant Small-Cap Quality Value ETF (SQLV) and Invesco DWA SmallCap Momentum ETF (DWAS).

AdvanSix (NYSE:ASIX) pays an annual dividend of $0.58 per share and currently has a dividend yield of 1.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 11.53% 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 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 variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.72%), Alliancebernstein L.P. (3.48%), LSV Asset Management (2.23%), Bank of America Corp DE (1.99%), Victory Capital Management Inc. (1.89%) and Victory Capital Management Inc. (1.90%). Insiders that own company stock include Christopher Gramm, Michael Marberry 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.
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One share of ASIX stock can currently be purchased for approximately $34.98.

AdvanSix (NYSE:ASIX) has a market capitalization of $959.50 million and generates $1.95 billion in revenue each year. The company earns $171.89 million in net income (profit) each year or $5.91 on an earnings per share basis.

The company employs 1,458 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.