Based on ratings from 2 stock analysts, the AdvanSix Inc stock price is expected to increase by 15.49% in 12 months. This is calculated by using the average 12-month stock price forecast for AdvanSix Inc. The lowest target is $36 and the highest is $39. Please note analyst price targets are not guaranteed and could be missed completely.
ASIX is a stock in Basic Materials which has been forecasted to be worth $37.5 as an average. On the higher end, the forecast price is $39 USD by Charles Neivert from Piper Sandler and on the lower end ASIX is forecasted to be $36 by Charles Neivert from Piper Sandler.
These are the latest 20 analyst ratings of ASIX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Charles Neivert Piper Sandler | Overweight | $39 | Maintains | Nov 8, 2024 |
Vincent Anderson Stifel | Buy | $40 | Maintains | Apr 9, 2024 |
Charles Neivert Piper Sandler | Overweight | $36 | Maintains | Nov 21, 2023 |
Charles Neivert Piper Sandler | Overweight | $40 | Maintains | Oct 11, 2023 |
Charles Neivert Piper Sandler | Overweight | $50 | Maintains | May 16, 2023 |
Charles Neivert Piper Sandler | Overweight | $54 | Maintains | Apr 12, 2023 |
Charles Neivert Piper Sandler | Overweight | $46 | Maintains | Oct 10, 2022 |
Charles Neivert Piper Sandler | Overweight | $60 | Maintains | Aug 8, 2022 |
Charles Neivert Piper Sandler | Overweight | $62 | Maintains | Mar 14, 2022 |
Piper Sandler | Overweight | Initiates | Nov 12, 2021 | |
Stifel | Buy | Maintains | Mar 25, 2020 | |
Vincent Anderson Stifel | Buy | $19 | Maintains | Mar 24, 2020 |
CL King | Neutral | Initiates | Aug 15, 2019 | |
Cowen & Co. | Market Perform | Downgrade | Feb 6, 2019 | |
Stifel Nicolaus | Buy | Initiates | Dec 11, 2018 | |
Stifel | Buy | Initiates | Dec 11, 2018 | |
Cowen & Co. | Outperform | Initiates | Jun 23, 2017 |
When did it IPO
2016
Staff Count
1,450
Country
United States
Sector/Industry
Basic Materials/Chemicals
CEO
Ms. Erin N. Kane
Market Cap
$868.0M
In 2023, ASIX generated $1.53B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ASIX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - AdvanSix Inc. (NYSE:ASIX) will hold its Q3 2024 earnings conference call on November 1, 2024, at 9:00 AM ET, featuring key executives including the CEO and CFO.
Why It Matters - AdvanSix's Q3 earnings call signals financial performance insights, potential growth strategies, and management outlook, crucial for assessing investment viability and market positioning.
Summary - AdvanSix has released its financial results for Q3 2024, detailing the company's performance for the quarter. Further specifics were not provided in the excerpt.
Why It Matters - AdvanSix's Q3 2024 financial results can indicate company performance, revenue trends, and operational efficiency, directly impacting stock valuation and investment decisions.
Summary - AdvanSix (ASIX) has released its performance data for Q3 2024, with key metrics available for comparison against Wall Street estimates and the previous year's results.
Why It Matters - AdvanSix's quarterly performance relative to Wall Street estimates and year-ago figures can influence stock valuations, indicating potential growth or decline in investor sentiment.
Summary - AdvanSix (ASIX) reported Q3 earnings of $0.88 per share, surpassing estimates of $0.66, and improving from a loss of $0.36 per share in the same quarter last year.
Why It Matters - AdvanSix's earnings beat expectations and show significant improvement from a loss last year, indicating strong financial health and potential for growth, positively influencing investor sentiment.
Summary - ASIX is projected to benefit from increased nylon demand, favorable pricing, and growth in differentiated products in Q3.
Why It Matters - Improved nylon demand and favorable pricing signal potential revenue growth for ASIX, indicating strong performance and profitability, which can positively influence stock value.
Summary - AdvanSix (ASIX) has passed the 'Fast-Paced Momentum at a Bargain' screening, indicating strong recent performance while still being reasonably priced for investors.
Why It Matters - AdvanSix shows strong momentum while remaining reasonably priced, indicating potential for growth and value, appealing to investors seeking profitable opportunities.