AdvanSix Inc

AdvanSix Inc Stock Forecast & Price Prediction

Live AdvanSix Inc Stock (ASIX) Price
$32.47

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$32.47

P/E Ratio

22.55

Volume Traded Today

$102,800

Dividend

$0.16

52 Week High/low

32.65/20.86

AdvanSix Inc Market Cap

$868.0M

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ASIX Summary

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 Analyst Ratings

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.

ASIX stock forecast by analyst

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

ASIX Company Information

What They Do: Manufactures and sells polymer resins.

Business Model: The company generates revenue through the production and sale of various polymer resins, including Nylon 6, and related chemical products. It serves a diverse customer base, including distributors, farm cooperatives, and retailers, and sells its products both directly and through distribution networks.

Other Information: AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey. The company offers a range of products under well-known brands such as Aegis, Capran, Sulf-N, and Nadone, catering to multiple industries including agriculture, adhesives, and coatings.
ASIX
AdvanSix Inc (ASIX)

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

AdvanSix Inc (ASIX) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.53B

0.00 %
From Previous Year
  • Revenue TTM $1.57B
  • Operating Margin TTM 8.3%
  • Gross profit TTM $165.1M
  • Return on assets TTM 2.6%
  • Return on equity TTM 5.1%
  • Profit Margin 2.5%
  • Book Value Per Share 28.67%
  • Market capitalisation $868.0M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.53B
  • EPS this year (TTM) $1.44

AdvanSix Inc (ASIX) Latest News

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

ASIX Frequently asked questions

The highest forecasted price for ASIX is $39 from Charles Neivert at Piper Sandler.

The lowest forecasted price for ASIX is $36 from Charles Neivert from Piper Sandler

The ASIX analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.