Should I buy or sell AdvanSix stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last year. There are currently 2 buy ratings 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 target for 2024?

2 brokers have issued twelve-month price objectives for AdvanSix's stock. Their ASIX share price targets range from $36.00 to $44.00. On average, they predict the company's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 47.7% 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 2024?

AdvanSix's stock was trading at $29.96 at the beginning of 2024. Since then, ASIX stock has decreased by 9.6% and is now trading at $27.08. View the best growth stocks for 2024 here .

Are investors shorting AdvanSix?

AdvanSix saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 317,100 shares, a decrease of 20.2% from the March 15th total of 397,400 shares. Based on an average daily volume of 157,800 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.3% 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, May 3rd 2024. View our ASIX earnings forecast .

How can I listen to AdvanSix's earnings call?

AdvanSix will be holding an earnings conference call on Friday, May 3rd 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 "7285784".

How were AdvanSix's earnings last quarter?

AdvanSix Inc. (NYSE:ASIX) issued its quarterly earnings results on Friday, February, 16th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.02. The business had revenue of $382.21 million for the quarter, compared to the consensus estimate of $335.80 million. AdvanSix had a trailing twelve-month return on equity of 6.98% and a net margin of 3.56%.

How often does AdvanSix pay dividends? What is the dividend yield for AdvanSix?

AdvanSix announced a quarterly dividend on Friday, February 16th. Investors of record on Monday, March 4th will be given a dividend of $0.16 per share on Monday, March 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Friday, March 1st. Read our dividend analysis for ASIX .

Is AdvanSix a good dividend stock?

AdvanSix (NYSE:ASIX) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 16.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASIX .

What ETFs hold AdvanSix's stock?

ETFs with the largest weight of AdvanSix (NYSE:ASIX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM) and First Trust Small Cap Value AlphaDEX Fund (FYT) . First Trust Indxx Global Agriculture ETF (FTAG) .

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) , RTX (RTX) , Thermo Fisher Scientific (TMO) , CVS Health (CVS) , Johnson & Johnson (JNJ) , NVIDIA (NVDA) and Cisco Systems (CSCO) .

Who are AdvanSix's major shareholders?

AdvanSix's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mesirow Financial Investment Management Inc. (0.03%). Insiders that own company stock include Achilles B Kintiroglou, Christopher Gramm , Erin N Kane and Michael Marberry. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:ASIX

AdvanSix (ASIX) Stock Price, News & Analysis

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Free ASIX Stock Alerts

$27.16

+0.32 (+1.19%)

(As of 02:31 PM ET)

Compare

Today's Range: $26.75
▼
$27.31
50-Day Range: $25.62
▼
$29.54
52-Week Range: $23.92
▼
$40.85

Volume: 54,475 shs
Average Volume: 152,408 shs
Market Capitalization: $725.17 million

P/E Ratio: 14.29
Dividend Yield: 2.36%
Price Target: $40.00

Get AdvanSix alerts:

AdvanSix MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.7% Upside
$40.00 Price Target
Short Interest: Healthy
1.25% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 2 Articles This Week
Insider Trading: Selling Shares
$486,481 Sold Last Quarter
Proj. Earnings Growth: 275.73%
From $1.03 to $3.87 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.73 out of 5 stars

Basic Materials Sector

7th out of 172 stocks

Plastics Materials & Resins Industry

2nd out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
AdvanSix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
AdvanSix has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.25% of the float of AdvanSix has been sold short.
Short Interest Ratio / Days to Cover
AdvanSix has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AdvanSix has recently decreased by 20.21%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
AdvanSix pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
AdvanSix has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of AdvanSix is 33.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AdvanSix will have a dividend payout ratio of 16.54% next year. This indicates that AdvanSix will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASIX.

1.9

News and Social Media Coverage

News Sentiment
AdvanSix has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for AdvanSix this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for ASIX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
7 people have added AdvanSix to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

2.5

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 $486,481.00 in company stock.
Percentage Held by Insiders
Only 5.20% of the stock of AdvanSix is held by insiders.
Percentage Held by Institutions
86.39% of the stock of AdvanSix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for AdvanSix are expected to grow by 275.73% in the coming year, from $1.03 to $3.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AdvanSix is 14.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of AdvanSix is 14.25, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 132.23.
Price to Book Value per Share Ratio
AdvanSix has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About AdvanSix Stock (NYSE:ASIX)

AdvanSix Inc. engages in the manufacture and sale of polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide. It offers its products under the Aegis, Capran, Sulf-N, Nadone, Naxol, and EZ-Blox brands. The company sells its products directly, as well as through distributors. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.

ASIX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASIX Stock News Headlines

April 5, 2024 | insidertrades.com

Erin N. Kane Sells 3,002 Shares of AdvanSix Inc. (NYSE:ASIX) Stock

April 2, 2024 | insidertrades.com

Erin N. Kane Sells 1,385 Shares of AdvanSix Inc. (NYSE:ASIX) Stock

April 19, 2024 | Stansberry Research (Ad)

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April 16, 2024 | nasdaq.com

AdvanSix Inc. Common Stock (ASIX)

April 15, 2024 | americanbankingnews.com

Head-To-Head Analysis: AdvanSix (NYSE:ASIX) and good natured Products (OTCMKTS:SLGBF)

April 10, 2024 | investing.com

Stifel raises AdvanSix shares target on strong market pricing

April 10, 2024 | americanbankingnews.com

AdvanSix's (ASIX) "Buy" Rating Reaffirmed at Stifel Nicolaus

April 9, 2024 | businesswire.com

AdvanSix to Release First Quarter Financial Results and Hold Investor Conference Call on May 3

April 19, 2024 | Stansberry Research (Ad)

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One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 6, 2024 | investing.com

AdvanSix CEO Erin N. Kane sells over $100k in company stock

April 4, 2024 | finance.yahoo.com

AdvanSix Inc CEO Erin Kane Sells Company Shares

April 2, 2024 | businesswire.com

AdvanSix Achieves ISCC PLUS Certification Advancing Sustainable Manufacturing Across Its Value Chain

April 2, 2024 | finance.yahoo.com

AdvanSix Inc CEO Erin Kane Sells 6,385 Shares

March 18, 2024 | finance.yahoo.com

The past year for AdvanSix (NYSE:ASIX) investors has not been profitable

March 16, 2024 | finance.yahoo.com

ASIX Apr 2024 17.500 put

March 2, 2024 | finance.yahoo.com

AdvanSix Inc. (ASIX) Interactive Stock Chart - Yahoo Finance

February 18, 2024 | msn.com

A New Cause for Concern: AdvanSix Adds a New Accounting & Financial Operations Risk

February 17, 2024 | wsj.com

AdvanSix Inc.

February 17, 2024 | finance.yahoo.com

AdvanSix Inc. (NYSE:ASIX) Q4 2023 Earnings Call Transcript

February 17, 2024 | ca.finance.yahoo.com

ASIX Mar 2024 30.000 call

February 16, 2024 | msn.com

Update: ASIX, February 16

February 16, 2024 | finance.yahoo.com

AdvanSix (ASIX) Reports Q4 Loss, Tops Revenue Estimates

February 16, 2024 | finance.yahoo.com

Here's What Key Metrics Tell Us About AdvanSix (ASIX) Q4 Earnings

February 16, 2024 | seekingalpha.com

AdvanSix Inc. 2023 Q4 - Results - Earnings Call Presentation

February 16, 2024 | msn.com

AdvanSix Non-GAAP EPS of -$0.10 beats by $0.02, revenue of $382.21M beats by $46.34M

February 16, 2024 | msn.com

AdvanSix declares $0.16 dividend

February 16, 2024 | finance.yahoo.com

AdvanSix Inc (ASIX) Faces Headwinds: Full Year Sales and Earnings Decline

See More Headlines

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Company Calendar

Last Earnings: 2/16/2024
Ex-Dividend for 3/18 Dividend: 3/01/2024
Dividend Payable: 3/18/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/03/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Plastics materials & resins
Sub-Industry: N/A
Current Symbol: NYSE:ASIX
Previous Symbol: NASDAQ:ASIX
CUSIP: N/A
CIK: 1673985
Web: www.advansix.com
Phone: (844) 890-8949
Fax: N/A
Employees: 1,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $40.00
High Stock Price Target: $44.00
Low Stock Price Target: $36.00
Potential Upside/Downside: +49.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.90
Trailing P/E Ratio: 14.12
Forward P/E Ratio: 26.05
P/E Growth: N/A
Net Income: $54.62 million
Net Margins: 3.56%
Pretax Margin: 4.51%
Return on Equity: 6.98%
Return on Assets: 3.59%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.17
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: $1.53 billion
Price / Sales: 0.47
Cash Flow: $4.64 per share
Price / Cash Flow: 5.78
Book Value: $27.43 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 26,700,000
Free Float: 25,312,000
Market Cap: $716.36 million
Optionable: Optionable
Beta: 1.73

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Key Executives

Ms. Erin N. Kane (Age 47)
CEO, President & Director
Comp: $2.03M
Mr. Michael Preston (Age 52)
CFO & Senior VP
Comp: $857.25k
Mr. Achilles B. Kintiroglou (Age 45)
Senior VP, General Counsel & Corporate Secretary
Comp: $695.62k
Ms. Kelly J. Slieter (Age 49)
Senior VP & Chief Human Resources Officer
Comp: $605.66k
Mr. Christopher Gramm (Age 54)
VP & Controller
Comp: $454k
Ms. Jacqueline Grunwald
VP & Chief Information Officer
Adam Kressel
Director of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASIX Stock Analysis - Frequently Asked Questions

Should I buy or sell AdvanSix stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AdvanSix in the last year. There are currently 2 buy ratings 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 target for 2024?: 2 brokers have issued twelve-month price objectives for AdvanSix's stock. Their ASIX share price targets range from $36.00 to $44.00. On average, they predict the company's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 47.7% 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 2024?: AdvanSix's stock was trading at $29.96 at the beginning of 2024. Since then, ASIX stock has decreased by 9.6% and is now trading at $27.08.
View the best growth stocks for 2024 here.
Are investors shorting AdvanSix?: AdvanSix saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 317,100 shares, a decrease of 20.2% from the March 15th total of 397,400 shares. Based on an average daily volume of 157,800 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.3% 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, May 3rd 2024.
View our ASIX earnings forecast.
How can I listen to AdvanSix's earnings call?: AdvanSix will be holding an earnings conference call on Friday, May 3rd 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 "7285784".
How were AdvanSix's earnings last quarter?: AdvanSix Inc. (NYSE:ASIX) issued its quarterly earnings results on Friday, February, 16th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.02. The business had revenue of $382.21 million for the quarter, compared to the consensus estimate of $335.80 million. AdvanSix had a trailing twelve-month return on equity of 6.98% and a net margin of 3.56%.

How often does AdvanSix pay dividends? What is the dividend yield for AdvanSix?: AdvanSix announced a quarterly dividend on Friday, February 16th. Investors of record on Monday, March 4th will be given a dividend of $0.16 per share on Monday, March 18th. This represents a $0.64 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Friday, March 1st.
Read our dividend analysis for ASIX.
Is AdvanSix a good dividend stock?: AdvanSix (NYSE:ASIX) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASIX will have a dividend payout ratio of 16.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASIX.
What ETFs hold AdvanSix's stock?: ETFs with the largest weight of AdvanSix (NYSE:ASIX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM) and First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Indxx Global Agriculture ETF (FTAG).
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), RTX (RTX), Thermo Fisher Scientific (TMO), CVS Health (CVS), Johnson & Johnson (JNJ), NVIDIA (NVDA) and Cisco Systems (CSCO).
Who are AdvanSix's major shareholders?: AdvanSix's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mesirow Financial Investment Management Inc. (0.03%). Insiders that own company stock include Achilles B Kintiroglou, Christopher Gramm, Erin N Kane and Michael Marberry.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ASIX) was last updated on 4/19/2024 by MarketBeat.com Staff

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AdvanSix (ASIX) Stock Price, News & Analysis

AdvanSix MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AdvanSix Stock (NYSE:ASIX)

ASIX Stock Price History

ASIX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ASIX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™