NASDAQ:ACNT Ascent Industries (ACNT) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free ACNT Stock Alerts $10.39 +0.02 (+0.19%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$10.00▼$10.3950-Day Range$9.67▼$10.9052-Week Range$7.20▼$11.19Volume2,279 shsAverage Volume5,475 shsMarket Capitalization$105.20 millionP/E RatioN/ADividend YieldN/APrice Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ascent Industries alerts: Email Address Ascent Industries MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside92.5% Upside$20.00 Price TargetShort InterestHealthy0.08% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.14) to $0.69 Per ShareSee Full Details Hide Full Details 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.2.41 out of 5 starsIndustrial Products Sector119th out of 164 stocksSteel Pipe & Tubes Industry3rd out of 3 stocks 3.5 Analyst's Opinion Consensus RatingAscent Industries 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.Amount of Analyst CoverageAscent Industries has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.08% of the float of Ascent Industries has been sold short.Short Interest Ratio / Days to CoverAscent Industries has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ascent Industries has recently decreased by 24.18%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAscent Industries does not currently pay a dividend.Dividend GrowthAscent Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ACNT. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Ascent Industries this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Ascent Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ascent Industries insiders have not sold or bought any company stock.Percentage Held by Insiders12.16% of the stock of Ascent Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.05% of the stock of Ascent Industries is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ascent Industries are expected to grow in the coming year, from ($0.14) to $0.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ascent Industries is -3.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ascent Industries is -3.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAscent Industries has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading AcademyThese AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet. Click Here To Get Your Free Copy About Ascent Industries Stock (NASDAQ:ACNT)Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries. The company also produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. In addition, it provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is based in Oak Brook, Illinois.Read More ACNT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACNT Stock News HeadlinesApril 24, 2024 | businesswire.comAscent Industries Sets First Quarter 2024 Earnings Conference Call for May 8, 2024, at 5:00 p.m. ETApril 17, 2024 | msn.comAscent Industries (ACNT) Price Target Decreased by 15.00% to 17.34April 27, 2024 | Prosper Trading Academy (Ad)These AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet.April 9, 2024 | markets.businessinsider.comAscent Industries (ACNT) Gets a Buy from Stifel NicolausApril 2, 2024 | finance.yahoo.comAscent Industries Co. (NASDAQ:ACNT) Q4 2023 Earnings Call TranscriptApril 1, 2024 | msn.comProxy Advisors Recommend Sale Of US Steel; Ascent Reports Financial Results; Materion Expects 10% Sales Decline And More: Monday's Top Mining StoriesMarch 30, 2024 | seekingalpha.comAscent Industries Co. (ACNT) Q4 2023 Earnings Call TranscriptMarch 29, 2024 | finance.yahoo.comQ4 2023 Ascent Industries Co Earnings CallApril 27, 2024 | Prosper Trading Academy (Ad)These AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet.March 28, 2024 | benzinga.comAscent Industries: Q4 Earnings InsightsMarch 28, 2024 | finance.yahoo.comAscent Industries Co (ACNT) Faces Sharp Decline in 2023 Earnings Amid Industry ChallengesMarch 28, 2024 | businesswire.comAscent Industries Reports Fourth Quarter and Full Year 2023 ResultsMarch 28, 2024 | businesswire.comAscent Industries Reports Fourth Quarter and Full Year 2023 ResultsMarch 27, 2024 | benzinga.comEarnings Outlook For Ascent IndustriesMarch 27, 2024 | finance.yahoo.comAscent Industries Sets Fourth Quarter and Full Year 2023 Earnings Conference Call for March 28, 2024, at 5:00 p.m. ETMarch 13, 2024 | tmcnet.comOrion Reveals Wealthtech Survey Insights at Ascent ConferenceFebruary 27, 2024 | fool.comBest IRA Accounts for March 2024February 17, 2024 | seekingalpha.comAscent Industries: Operations Are Improving AgainFebruary 14, 2024 | finance.yahoo.comAscent Industries Promotes New Executive Management TeamFebruary 14, 2024 | businesswire.comAscent Industries Promotes New Executive Management TeamJanuary 4, 2024 | finance.yahoo.comAscent Industries Co. (NASDAQ:ACNT) most popular amongst retail investors who own 60% of the shares, institutions hold 23%December 27, 2023 | markets.businessinsider.comCoherus BioSciences, Ascent Industries And 3 Stocks To Watch Heading Into WednesdayDecember 26, 2023 | marketwatch.comAscent Industries Sells Specialty Pipe & Tube for About $55MDecember 26, 2023 | msn.comAscent Industries announces sale of Specialty Pipe & Tube for $55MDecember 26, 2023 | finance.yahoo.comAscent Industries Announces Sale of Specialty Pipe & Tube for $55 MillionDecember 4, 2023 | finance.yahoo.comAscent Industries Appoints John W. "Wes" Johnson as President of Ascent TubularNovember 15, 2023 | morningstar.comAscent Industries Co ACNTSee More Headlines Receive ACNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ascent Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/28/2024Today4/27/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Steel pipe & tubes Sub-IndustryN/A Current SymbolNASDAQ:ACNT CUSIPN/A CIK95953 Webwww.ascentco.com Phone(804) 822-3260Fax864-596-1501Employees514Year FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$20.00 Low Stock Price Target$20.00 Potential Upside/Downside+92.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.65) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-26,630,000.00 Net Margins-11.07% Pretax Margin-21.26% Return on Equity-15.98% Return on Assets-8.25% Debt Debt-to-Equity Ratio0.01 Current Ratio3.61 Quick Ratio1.50 Sales & Book Value Annual Sales$193.18 million Price / Sales0.54 Cash FlowN/A Price / Cash FlowN/A Book Value$10.61 per share Price / Book0.98Miscellaneous Outstanding Shares10,125,000Free Float8,894,000Market Cap$105.20 million OptionableOptionable Beta0.73 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Benjamin L. Rosenzweig (Age 39)Executive Chairman Mr. J. Bryan KitchenPresident, CEO & DirectorMr. Ryan Kavalauskas (Age 40)Chief Financial Officer Mr. Douglas Glenn Tackett Jr. (Age 52)Chief Legal Officer & Corporate Secretary Mr. John W. JohnsonPresident of Ascent TubularMr. Robert A. PeayCorporate SecretaryMore ExecutivesKey CompetitorsOssen InnovationNASDAQ:OSNUniversal Stainless & Alloy ProductsNASDAQ:USAPNorthwest PipeNASDAQ:NWPXUnifiNYSE:UFITrinseoNYSE:TSEView All CompetitorsInsiders & InstitutionsMerit Financial Group LLCBought 5,000 shares on 2/6/2024Ownership: 0.562%Victory Capital Management Inc.Bought 4,004 shares on 2/5/2024Ownership: 0.087%John Robert Zuppo IIISold 957 sharesTotal: $8,880.96 ($9.28/share)View All Insider TransactionsView All Institutional Transactions ACNT Stock Analysis - Frequently Asked Questions Should I buy or sell Ascent Industries stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascent Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ACNT shares. View ACNT analyst ratings or view top-rated stocks. What is Ascent Industries' stock price target for 2024? 1 equities research analysts have issued 12 month price objectives for Ascent Industries' shares. Their ACNT share price targets range from $20.00 to $20.00. On average, they anticipate the company's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 92.5% from the stock's current price. View analysts price targets for ACNT or view top-rated stocks among Wall Street analysts. How have ACNT shares performed in 2024? Ascent Industries' stock was trading at $9.56 at the beginning of the year. Since then, ACNT shares have increased by 8.7% and is now trading at $10.39. View the best growth stocks for 2024 here. Are investors shorting Ascent Industries? Ascent Industries saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 9,100 shares, a drop of 10.8% from the March 15th total of 10,200 shares. Based on an average trading volume of 6,400 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.1% of the company's stock are sold short. View Ascent Industries' Short Interest. When is Ascent Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ACNT earnings forecast. How can I listen to Ascent Industries' earnings call? Ascent Industries will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Ascent Industries' earnings last quarter? Ascent Industries Co. (NASDAQ:ACNT) issued its quarterly earnings results on Thursday, March, 28th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.65. The company earned $41.22 million during the quarter, compared to analysts' expectations of $63.50 million. Ascent Industries had a negative trailing twelve-month return on equity of 15.98% and a negative net margin of 11.07%. How do I buy shares of Ascent Industries? Shares of ACNT 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 (NASDAQ:ACNT) was last updated on 4/27/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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