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 $60.00 to $76.00. On average, they predict the company's share price to reach $68.00 in the next year. This suggests a possible upside of 72.3% 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 $47.25 at the beginning of 2022. Since then, ASIX shares have decreased by 16.5% and is now trading at $39.46.
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AdvanSix saw a decrease in short interest in July. As of July 31st, there was short interest totaling 340,600 shares, a decrease of 14.1% from the July 15th total of 396,700 shares. Based on an average daily trading volume, of 216,300 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.3% of the shares of the company are short sold.
View AdvanSix's Short Interest.

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

AdvanSix Inc. (NYSE:ASIX) posted its earnings results on Thursday, October, 28th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.23. The firm had revenue of $446.50 million for the quarter, compared to the consensus estimate of $408.15 million. AdvanSix had a trailing twelve-month return on equity of 30.85% and a net margin of 10.13%. During the same quarter in the previous year, the business posted ($0.02) earnings per share.

AdvanSix declared a quarterly dividend on Monday, August 8th. Shareholders of record on Tuesday, August 16th will be paid a dividend of $0.145 per share on Tuesday, August 30th. This represents a $0.58 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Monday, August 15th. This is an increase from the stock's previous quarterly dividend of $0.13.
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 1.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 7.32% 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 many different institutional and retail investors. Top institutional investors include State Street Corp (3.49%), Victory Capital Management Inc. (2.26%), JPMorgan Chase & Co. (2.01%), FMR LLC (1.55%), Rothschild & Co. Asset Management US Inc. (1.11%) and Northern Trust Corp (1.07%). Insiders that own company stock include Christopher Gramm, Daniel F Sansone, 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.
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One share of ASIX stock can currently be purchased for approximately $39.46.

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.

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.