John Quitmeyer - AdvanSix President

ASIX Stock  USD 27.17  0.62  2.34%   

President

Mr. John M. Quitmeyer is Senior Vice President, General Counsel, Corporationrationrate Secretary of the Company. Prior to joining the Company, Mr. Quitmeyer served as vice president and general counsel of Honeywells Automation and Control Solutions strategic business group since 2005. He joined Honeywell in 1997 as general counsel of Honeywells safety restraint business. From 1997 until 1998, Mr. Quitmeyer served as general counsel of Honeywells automotive products group. From 1998 until 2000, Mr. Quitmeyer served as general counsel of Honeywells consumer products group. From 2000 until 2002, Mr. Quitmeyer was Honeywells chief litigation counsel. From 2002 until 2005, Mr. Quitmeyer served as general counsel of Honeywells Specialty Materials business. Prior to joining Honeywell, Mr. Quitmeyer was a litigation partner at Rogers Wells. since 2016.
Age 67
Tenure 8 years
Address 300 Kimball Drive, Parsippany, NJ, United States, 07054
Phone973 526 1800
Webhttps://www.advansix.com

AdvanSix Management Efficiency

The company has return on total asset (ROA) of 0.0291 % which means that it generated a profit of $0.0291 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0739 %, meaning that it created $0.0739 on every $100 dollars invested by stockholders. AdvanSix's management efficiency ratios could be used to measure how well AdvanSix manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.04 in 2024. Return On Capital Employed is likely to drop to 0.06 in 2024. At this time, AdvanSix's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 32.3 M in 2024, whereas Total Assets are likely to drop slightly above 1.3 B in 2024.
The company currently holds 268.21 M in liabilities with Debt to Equity (D/E) ratio of 0.39, which is about average as compared to similar companies. AdvanSix has a current ratio of 1.2, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist AdvanSix until it has trouble settling it off, either with new capital or with free cash flow. So, AdvanSix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AdvanSix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AdvanSix to invest in growth at high rates of return. When we think about AdvanSix's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Anthony VojslavekGreen Plains Renewable
36
Peter EdwardsCelanese
55
Scott SuttonCelanese
53
John WrbaValhi Inc
59
John SunnyValhi Inc
61
Andrew NaceValhi Inc
59
Scott WrightHuntsman
52
Walter CroninGreen Plains Renewable
61
Paul HulmeHuntsman
58
Kenneth SimrilGreen Plains Renewable
51
Russ StolleHuntsman
53
Magdalena MollBASF SE NA
N/A
Claire MeiHuntsman
45
Bryan HanleyValhi Inc
43
Dirk BremmBASF SE NA
N/A
Twila DayHuntsman
62
Nooshin VaughnHuntsman
45
Steven JorgensenHuntsman
46
A PuckettCelanese
58
Scott RichardsonCelanese
47
Delaney BellingerHuntsman
59
AdvanSix Inc. manufactures and sells polymer resins in the United States and internationally. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey. Advansix operates under Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 1375 people. AdvanSix (ASIX) is traded on New York Stock Exchange in USA. It is located in 300 Kimball Drive, Parsippany, NJ, United States, 07054 and employs 1,450 people. AdvanSix is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

AdvanSix Leadership Team

Elected by the shareholders, the AdvanSix's board of directors comprises two types of representatives: AdvanSix inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AdvanSix. The board's role is to monitor AdvanSix's management team and ensure that shareholders' interests are well served. AdvanSix's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AdvanSix's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Gramm, Vice President Controller
John Quitmeyer, Senior Vice President General Counsel, Corporate Secretary
Jonathan Bellamy, Chief Human Resource Officer, Senior Vice President
Jacqueline Grunwald, VP Officer
Sharon Spurlin, Independent Director
Farha Aslam, Independent Director
Todd Karran, Independent Director
Gena Lovett, Independent Director
Darrell Hughes, Independent Director
Daniel Sansone, Independent Director
Patrick Williams, Independent Director
Paul Huck, Independent Director
Michael Marberry, Independent Chairman of the Board
Achilles Kintiroglou, Senior Vice President General Counsel, Corporate Secretary
Michael Preston, Chief Financial Officer, Senior Vice President
Erin Kane, Chief Executive Officer, Director
Adam Kressel, Director Relations
Kelly Slieter, Chief Human Resource Officer, Senior Vice President
Willem Blindenbach, Senior Vice President - Integrated Supply Chain

AdvanSix Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AdvanSix a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AdvanSix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AdvanSix's short interest history, or implied volatility extrapolated from AdvanSix options trading.

Pair Trading with AdvanSix

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AdvanSix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AdvanSix will appreciate offsetting losses from the drop in the long position's value.

Moving together with AdvanSix Stock

  0.66WS Worthington SteelPairCorr
The ability to find closely correlated positions to AdvanSix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AdvanSix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AdvanSix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AdvanSix to buy it.
The correlation of AdvanSix is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AdvanSix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AdvanSix moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AdvanSix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for AdvanSix Stock analysis

When running AdvanSix's price analysis, check to measure AdvanSix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AdvanSix is operating at the current time. Most of AdvanSix's value examination focuses on studying past and present price action to predict the probability of AdvanSix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvanSix's price. Additionally, you may evaluate how the addition of AdvanSix to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Money Managers
Screen money managers from public funds and ETFs managed around the world
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.