Advansix Stock Buy Hold or Sell Recommendation

ASIX Stock  USD 28.60  1.05  3.81%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding AdvanSix is 'Cautious Hold'. Macroaxis provides AdvanSix buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AdvanSix positions. The advice algorithm takes into account all of AdvanSix's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting AdvanSix's buy or sell advice are summarized below:
Real Value
33.03
Target Price
47
Hype Value
28.6
Market Value
28.6
Naive Value
28.83
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell AdvanSix given historical horizon and risk tolerance towards AdvanSix. When Macroaxis issues a 'buy' or 'sell' recommendation for AdvanSix, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out AdvanSix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.
In addition, we conduct extensive research on individual companies such as AdvanSix and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards AdvanSix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Execute AdvanSix Buy or Sell Advice

The AdvanSix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on AdvanSix. Macroaxis does not own or have any residual interests in AdvanSix or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute AdvanSix's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AdvanSixBuy AdvanSix
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon AdvanSix has a Mean Deviation of 1.77, Standard Deviation of 2.34 and Variance of 5.49
Our investment recommendation module complements current analysts and expert consensus on AdvanSix. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure AdvanSix is not overpriced, please confirm all AdvanSix fundamentals, including its gross profit, target price, last dividend paid, as well as the relationship between the debt to equity and working capital . Given that AdvanSix has a price to earning of 17.76 X, we suggest you to validate AdvanSix market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

AdvanSix Trading Alerts and Improvement Suggestions

AdvanSix generated a negative expected return over the last 90 days
Over 89.0% of the company shares are held by institutions such as insurance companies
On 18th of March 2024 AdvanSix paid $ 0.16 per share dividend to its current shareholders
Latest headline from news.google.com: Citigroup Inc. Has 358000 Position in AdvanSix Inc. - Defense World

AdvanSix Returns Distribution Density

The distribution of AdvanSix's historical returns is an attempt to chart the uncertainty of AdvanSix's future price movements. The chart of the probability distribution of AdvanSix daily returns describes the distribution of returns around its average expected value. We use AdvanSix price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of AdvanSix returns is essential to provide solid investment advice for AdvanSix.
Mean Return
-0.08
Value At Risk
-3.97
Potential Upside
4.25
Standard Deviation
2.34
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of AdvanSix historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

AdvanSix Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as AdvanSix is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AdvanSix backward and forwards among themselves. AdvanSix's institutional investor refers to the entity that pools money to purchase AdvanSix's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bridgeway Capital Management, Llc2023-09-30
387.4 K
Jpmorgan Chase & Co2023-09-30
386.4 K
Bank Of New York Mellon Corp2023-09-30
327.5 K
Amvescap Plc.2023-09-30
324.4 K
Northern Trust Corp2023-09-30
293.9 K
Hotchkis & Wiley Capital Management Llc2023-09-30
258.9 K
Morgan Stanley - Brokerage Accounts2023-09-30
258.2 K
Thompson, Siegel & Walmsley Llc2023-09-30
249.7 K
Ameriprise Financial Inc2023-09-30
216.3 K
Blackrock Inc2023-09-30
4.7 M
Victory Capital Management Inc.2023-12-31
2.6 M
Note, although AdvanSix's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

AdvanSix Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(35.6M)(8.4M)31.2M(57.0M)3.3M3.5M
Free Cash Flow(29.9M)28.9M162.0M184.2M10.2M9.7M
Depreciation56.8M60.8M65.3M69.4M73.0M57.5M
Other Non Cash Items16.6M1.2M2.4M2.1M(2.6M)(2.4M)
Capital Expenditures150.3M82.9M56.8M89.4M107.4M103.9M
Net Income41.3M46.1M139.8M171.9M54.6M96.7M
Investments(153.1M)(84.1M)(67.6M)(189.3M)(100.6M)(105.7M)
Change In Cash(2.8M)3.6M4.5M15.9M(1.2M)(1.2M)
Change Receivables53.7M(19.0M)(53.8M)17.8M20.5M21.5M
Net Borrowings92.2M(23.1M)(140M)(20M)(18M)(17.1M)
End Period Cash Flow7.1M10.6M15.1M31.0M29.8M23.8M
Change To Netincome33.0M23.2M17.7M28.0M32.2M22.0M

AdvanSix Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to AdvanSix or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that AdvanSix's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a AdvanSix stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.45
β
Beta against NYSE Composite2.83
σ
Overall volatility
2.42
Ir
Information ratio -0.09

AdvanSix Volatility Alert

AdvanSix exhibits very low volatility with skewness of 0.12 and kurtosis of 0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure AdvanSix's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact AdvanSix's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

AdvanSix Fundamentals Vs Peers

Comparing AdvanSix's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze AdvanSix's direct or indirect competition across all of the common fundamentals between AdvanSix and the related equities. This way, we can detect undervalued stocks with similar characteristics as AdvanSix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of AdvanSix's fundamental indicators could also be used in its relative valuation, which is a method of valuing AdvanSix by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare AdvanSix to competition
FundamentalsAdvanSixPeer Average
Return On Equity0.0739-0.31
Return On Asset0.0291-0.14
Profit Margin0.04 %(1.27) %
Operating Margin(0.02) %(5.51) %
Current Valuation971.83 M16.62 B
Shares Outstanding26.7 M571.82 M
Shares Owned By Insiders3.92 %10.09 %
Shares Owned By Institutions88.88 %39.21 %
Number Of Shares Shorted397.43 K4.71 M
Price To Earning17.76 X28.72 X
Price To Book1.00 X9.51 X
Price To Sales0.49 X11.42 X
Revenue1.53 B9.43 B
Gross Profit314.48 M27.38 B
EBITDA142.56 M3.9 B
Net Income54.62 M570.98 M
Cash And Equivalents17.3 M2.7 B
Cash Per Share0.62 X5.01 X
Total Debt268.21 M5.32 B
Debt To Equity0.39 %48.70 %
Current Ratio1.22 X2.16 X
Book Value Per Share27.64 X1.93 K
Cash Flow From Operations117.55 M971.22 M
Short Ratio2.20 X4.00 X
Earnings Per Share1.95 X3.12 X
Target Price37.33
Number Of Employees1.45 K18.84 K
Beta1.73-0.15
Market Capitalization757.75 M19.03 B
Total Asset1.54 B29.47 B
Retained Earnings605.07 M9.33 B
Working Capital60.89 M1.48 B
Current Asset282.22 M9.34 B
Note: Payment of 1562 shares by Kelly Slieter of AdvanSix subject to Rule 16b-3 [view details]

AdvanSix Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as AdvanSix . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About AdvanSix Buy or Sell Advice

When is the right time to buy or sell AdvanSix? Buying financial instruments such as AdvanSix Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities49.7M48.8M52.1M39.7M
Total Assets1.3B1.5B1.5B1.3B

Use Investing Ideas to Build Portfolios

In addition to having AdvanSix in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether AdvanSix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvanSix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Advansix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Advansix Stock:
Check out AdvanSix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is AdvanSix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AdvanSix. If investors know AdvanSix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AdvanSix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Dividend Share
0.625
Earnings Share
1.95
Revenue Per Share
56.171
Quarterly Revenue Growth
(0.05)
The market value of AdvanSix is measured differently than its book value, which is the value of AdvanSix that is recorded on the company's balance sheet. Investors also form their own opinion of AdvanSix's value that differs from its market value or its book value, called intrinsic value, which is AdvanSix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AdvanSix's market value can be influenced by many factors that don't directly affect AdvanSix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AdvanSix's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvanSix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvanSix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.