NYSE:ASIX

AdvanSix Stock Forecast, Price & News

$15.22

+0.28 (+1.87 %)

(As of 10/30/2020 12:00 AM ET)

Add

Compare

Today's Range

$14.53

Now: $15.22▼

$15.85

50-Day Range

$11.96

MA: $13.67▼

$15.70

52-Week Range

$8.06

Now: $15.22▼

$24.85

Volume188,232 shs

Average Volume146,075 shs

Market Capitalization$426.62 million

P/E Ratio16.54

Dividend YieldN/A

Beta1.94

AdvanSix Inc. manufactures and sells polymer resins. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce engineered plastics, fibers, filaments, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone, which is used by customers in the production of adhesives, paints, coatings, solvents, herbicides, and other engineered plastic resins, as well as other intermediate chemicals, including phenol, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, cyclohexanol, acetaldehyde oxime, 2-pentanone oxime, 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 in North America, South America, and internationally. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
AdvanSix has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.00, AdvanSix has a forecasted upside of 31.4% from its current price of $15.22.
Amount of Analyst Coverage
AdvanSix has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
AdvanSix has received 222 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AdvanSix has received 229 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AdvanSix has received 50.78% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AdvanSix and other stocks. Vote “Outperform” if you believe ASIX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ASIX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
AdvanSix does not currently pay a dividend.
Dividend Growth
AdvanSix does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In 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 $3,000.00 in company stock.
Percentage Held by Insiders
Only 3.30% of the stock of AdvanSix is held by insiders.
Percentage Held by Institutions
86.58% of the stock of AdvanSix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for AdvanSix are expected to grow by 92.25% in the coming year, from $1.29 to $2.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AdvanSix is 16.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of AdvanSix is 16.54, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 35.26.
Price to Book Value per Share Ratio
AdvanSix has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.98 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Plastics materials & resins

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:ASIX

Previous SymbolNASDAQ:ASIX

CUSIPN/A

CIK1673985

Webwww.advansix.com

Phone973-526-1800

Employees1,520

Debt

Debt-to-Equity Ratio0.92

Current Ratio1.55

Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio16.54

Forward P/E Ratio11.80

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.30 billion

Price / Sales0.33

Cash Flow$3.76 per share

Price / Cash Flow4.05

Book Value$14.36 per share

Price / Book1.06

Profitability

EPS (Most Recent Fiscal Year)$1.43

Net Income$41.35 million

Net Margins2.20%

Return on Equity6.27%

Return on Assets2.07%

Miscellaneous

Outstanding Shares28,030,000

Market Cap$426.62 million

Next Earnings DateN/A

OptionableOptionable

$15.22

+0.28 (+1.87 %)

(As of 10/30/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive ASIX News and Ratings via Email

Sign-up to receive the latest news and ratings for ASIX and its competitors with MarketBeat's FREE daily newsletter.

AdvanSix (NYSE:ASIX) Frequently Asked Questions

How has AdvanSix's stock been impacted by COVID-19?

AdvanSix's stock was trading at $9.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ASIX stock has increased by 63.1% and is now trading at $15.22.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of AdvanSix?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for AdvanSix.

How were AdvanSix's earnings last quarter?

AdvanSix Inc (NYSE:ASIX) announced its quarterly earnings results on Friday, July, 31st. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.07. The company had revenue of $233.02 million for the quarter, compared to analysts' expectations of $243.40 million. AdvanSix had a return on equity of 6.27% and a net margin of 2.20%.
View AdvanSix's earnings history.

What price target have analysts set for ASIX?

2 equities research analysts have issued 12 month target prices for AdvanSix's stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate AdvanSix's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price.
View analysts' price targets for AdvanSix.

Are investors shorting AdvanSix?

AdvanSix saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 604,900 shares, an increase of 24.1% from the September 30th total of 487,300 shares. Based on an average trading volume of 197,700 shares, the short-interest ratio is presently 3.1 days. Currently, 2.2% of the shares of the stock are sold short.
View AdvanSix's Short Interest.

Who are some of AdvanSix's key competitors?

Some companies that are related to AdvanSix include DOW (DOW), Eastman Chemical (EMN), Albemarle (ALB), PolyOne (POL), Hexcel (HXL), Avient (AVNT), Rogers (ROG), Sinopec Shanghai Petrochemical (SHI), Trinseo (TSE), Kraton (KRA), Cereplast (CERPQ) and ForceField Energy (FNRG).
View all competitors.

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), The 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).

Who are AdvanSix's key executives?

AdvanSix's management team includes the following people:

Ms. Erin N. Kane, CEO, Pres & Director (Age 42)
Mr. Michael Preston, CFO & Sr. VP (Age 47)
Mr. John M. Quitmeyer, Sr. VP, Gen. Counsel & Corp. Sec. (Age 68)
Mr. Jonathan Bellamy, Chief HR Officer & Sr. VP (Age 53)
Mr. Christopher Gramm, VP & Controller (Age 49)

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 investors include LSV Asset Management (3.24%), Denali Advisors LLC (0.25%), Cubic Asset Management LLC (0.12%), WINTON GROUP Ltd (0.09%), Louisiana State Employees Retirement System (0.05%) and BNP Paribas Arbitrage SA (0.03%). 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.

Which major investors are selling AdvanSix stock?

ASIX stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, LSV Asset Management, and Cubic Asset Management LLC.
View insider buying and selling activity for AdvanSix.

Which major investors are buying AdvanSix stock?

ASIX stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Louisiana State Employees Retirement System, and BNP Paribas Arbitrage SA. Company insiders that have bought AdvanSix stock in the last two years include Daniel F Sansone, Erin N Kane, Michael Marberry, Sharon Spurlin, and Willem L Blindenbach.
View insider buying and selling activity 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is AdvanSix's stock price today?

One share of ASIX stock can currently be purchased for approximately $15.22.

How big of a company is AdvanSix?

AdvanSix has a market capitalization of $426.62 million and generates $1.30 billion in revenue each year. The company earns $41.35 million in net income (profit) each year or $1.43 on an earnings per share basis. AdvanSix employs 1,520 workers across the globe.

What is AdvanSix's official website?

The official website for AdvanSix is www.advansix.com.

How can I contact AdvanSix?

AdvanSix's mailing address is 300 KIMBALL DRIVE SUITE 101, PARSIPPANY NJ, 07054. The company can be reached via phone at 973-526-1800 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings