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AdvanSix (ASIX) Stock

Profile

Industry:

Chemicals

Country:

United States

IPO:

15 September 2016

Indexes:

Not included

Description:

AdvanSix Inc. is one of the leading producers of nylon 6, polymer resin. Polymer resin is a synthetic material used for the production of fibers, threads, engineering plastics, and films, which are in turn used in end products such as carpets, automotive and electronic components, sports clothing, food packaging, etc. The company also produces caprolactam, ammonium sulfate for fertilizers, acetone, and other chemical intermediates (phenol, alpha-methylstyrene, sulfuric acid, ammonia, etc.). On October 1, 2016, AdvanSix was spun off as a separate company, previously operating as a division of Honeywell International Inc. The company's headquarters is located in Parsippany, New Jersey.

Key Details

Price

$28.49

TTM Dividend Yield

2.25%(+8.70% YoY)

PE Ratio

20.21(+30.30% YoY)

Beta

0.88

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Nov 01, 2024

Recent annual earnings:

Feb 16, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 12, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

08 Nov '24 Piper Sandler
Overweight
09 Apr '24 Stifel
Buy
21 Nov '23 Piper Sandler
Overweight
11 Oct '23 Piper Sandler
Overweight
16 May '23 Piper Sandler
Overweight
12 Apr '23 Piper Sandler
Overweight
10 Oct '22 Piper Sandler
Overweight
08 Aug '22 Piper Sandler
Overweight
14 Mar '22 Piper Sandler
Overweight
12 Nov '21 Piper Sandler
Overweight

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Institutional Ownership

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Zacks12 December 2024

This Industry Outlook article features Axalta Coating Systems, Ingevity, and AdvanSix.

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Soft end-market demand dampens the prospects of the Zacks Chemicals Specialty industry. AXTA, NGVT and ASIX are set to gain from strategic actions to navigate the ongoing challenges.

AdvanSix (ASIX) Q3 Earnings and Revenues Surpass Estimates
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zacks.com01 November 2024

AdvanSix (ASIX) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to loss of $0.36 per share a year ago.

AdvanSix Announces Third Quarter 2024 Financial Results
AdvanSix Announces Third Quarter 2024 Financial Results
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businesswire.com01 November 2024

PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix Announces Third Quarter 2024 Financial Results.

Despite Fast-paced Momentum, AdvanSix (ASIX) Is Still a Bargain Stock
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zacks.com16 October 2024

AdvanSix (ASIX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on November 1
AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on November 1
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businesswire.com04 October 2024

PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix To Release Third Quarter Financial Results And Hold Investor Conference Call On November 1.

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AdvanSix: Turnaround Is Unfolding
AdvanSix: Turnaround Is Unfolding
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seekingalpha.com17 September 2024

AdvanSix's strong Q2 2024 financials, driven by increased sales and favorable market conditions, suggest a business turnaround and improved margins. The company is undervalued with a potential 32% stock price increase over the next 12 months, supported by rising EPS and favorable valuation ratios. Management's optimistic outlook, robust balance sheet, and strategic investments, including a $12 million USDA grant, bolster long-term growth prospects.

FAQ

  • What is the primary business of AdvanSix?
  • What is the ticker symbol for AdvanSix?
  • Does AdvanSix pay dividends?
  • What sector is AdvanSix in?
  • What industry is AdvanSix in?
  • What country is AdvanSix based in?
  • When did AdvanSix go public?
  • Is AdvanSix in the S&P 500?
  • Is AdvanSix in the NASDAQ 100?
  • Is AdvanSix in the Dow Jones?
  • When was AdvanSix's last earnings report?
  • When does AdvanSix report earnings?
  • Should I buy AdvanSix stock now?

What is the primary business of AdvanSix?

AdvanSix Inc. is one of the leading producers of nylon 6, polymer resin. Polymer resin is a synthetic material used for the production of fibers, threads, engineering plastics, and films, which are in turn used in end products such as carpets, automotive and electronic components, sports clothing, food packaging, etc. The company also produces caprolactam, ammonium sulfate for fertilizers, acetone, and other chemical intermediates (phenol, alpha-methylstyrene, sulfuric acid, ammonia, etc.). On October 1, 2016, AdvanSix was spun off as a separate company, previously operating as a division of Honeywell International Inc. The company's headquarters is located in Parsippany, New Jersey.

What is the ticker symbol for AdvanSix?

The ticker symbol for AdvanSix is NYSE:ASIX

Does AdvanSix pay dividends?

Yes, AdvanSix pays dividends. The last payment was $0.16, with an ex-dividend date on 12 November 2024

What sector is AdvanSix in?

AdvanSix is in the Basic Materials sector

What industry is AdvanSix in?

AdvanSix is in the Chemicals industry

What country is AdvanSix based in?

AdvanSix is headquartered in United States

When did AdvanSix go public?

AdvanSix's initial public offering (IPO) was on 15 September 2016

Is AdvanSix in the S&P 500?

No, AdvanSix is not included in the S&P 500 index

Is AdvanSix in the NASDAQ 100?

No, AdvanSix is not included in the NASDAQ 100 index

Is AdvanSix in the Dow Jones?

No, AdvanSix is not included in the Dow Jones index

When was AdvanSix's last earnings report?

AdvanSix's most recent earnings report was on 1 November 2024

When does AdvanSix report earnings?

The next expected earnings date for AdvanSix is 14 February 2025

Should I buy AdvanSix stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions