Advansix Stock Analysis

ASIX Stock  USD 26.65  0.04  0.15%   
AdvanSix is undervalued with Real Value of 33.74 and Target Price of 47.0. The main objective of AdvanSix stock analysis is to determine its intrinsic value, which is an estimate of what AdvanSix is worth, separate from its market price. There are two main types of AdvanSix's stock analysis: fundamental analysis and technical analysis.
The AdvanSix stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. AdvanSix is usually not traded on Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. AdvanSix Stock trading window is adjusted to America/New York timezone.
  
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 closely tied 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.

AdvanSix Stock Analysis Notes

About 87.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. AdvanSix last dividend was issued on the 13th of May 2024. 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. For more info on AdvanSix please contact Erin Kane at 973 526 1800 or go to https://www.advansix.com.

AdvanSix Quarterly Total Revenue

336.83 Million

AdvanSix Investment Alerts

Over 87.0% of the company shares are held by institutions such as insurance companies
On 28th of May 2024 AdvanSix paid $ 0.16 per share dividend to its current shareholders
Latest headline from simplywall.st: Following a 36 percent decline over last year, recent gains may please AdvanSix Inc. institutional owners

AdvanSix Upcoming and Recent Events

Earnings reports are used by AdvanSix to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
16th of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

AdvanSix Largest EPS Surprises

Earnings surprises can significantly impact AdvanSix's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-10-30
2020-09-30-0.05-0.020.0360 
2024-02-16
2023-12-31-0.14-0.10.0428 
2022-11-04
2022-09-300.290.350.0620 
View All Earnings Estimates

AdvanSix Environmental, Social, and Governance (ESG) Scores

AdvanSix's ESG score is a quantitative measure that evaluates AdvanSix's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of AdvanSix's operations that may have significant financial implications and affect AdvanSix's stock price as well as guide investors towards more socially responsible investments.

AdvanSix Thematic Classifications

In addition to having AdvanSix stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Cannabis Idea
Cannabis
Companies involved in production or distribution of medical cannabis
ESG Investing Idea
ESG Investing
Companies that promote environmental, social, and governance factors during their day-to-day operations
Trump Equities Idea
Trump Equities
Companies that have responded positively to Trump presidency

AdvanSix Stock Institutional Investors

Shares
Bank Of New York Mellon Corp2024-03-31
351.5 K
Hotchkis & Wiley Capital Management Llc2024-03-31
313.2 K
Fmr Inc2024-03-31
303.8 K
Morgan Stanley - Brokerage Accounts2024-03-31
290.9 K
Northern Trust Corp2024-03-31
290.7 K
Wellington Management Company Llp2024-03-31
282.3 K
Bridgeway Capital Management, Llc2024-03-31
278.3 K
Thompson, Siegel & Walmsley Llc2024-03-31
276.2 K
Empowered Funds, Llc2024-03-31
265.1 K
Blackrock Inc2024-03-31
4.8 M
Victory Capital Management Inc.2024-03-31
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 Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 691.66 M.

AdvanSix Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 
Return On Capital Employed 0.06  0.06 
Return On Assets 0.04  0.03 
Return On Equity 0.07  0.07 

Management Efficiency

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. 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.
Last ReportedProjected for Next Year
Book Value Per Share 27.08  28.43 
Tangible Book Value Per Share 23.33  12.38 
Enterprise Value Over EBITDA 7.41  5.14 
Price Book Value Ratio 1.11  1.98 
Enterprise Value Multiple 7.41  5.14 
Price Fair Value 1.11  1.98 
Enterprise Value1.1 B767.9 M
The analysis of AdvanSix's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze AdvanSix's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of AdvanSix Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0255
Operating Margin
(0.06)
Profit Margin
0.0016
Forward Dividend Yield
0.0255
Beta
1.705

Technical Drivers

As of the 18th of July 2024, AdvanSix shows the Mean Deviation of 1.94, risk adjusted performance of 0.009, and Downside Deviation of 3.6. AdvanSix technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

AdvanSix Price Movement Analysis

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. AdvanSix middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for AdvanSix. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

AdvanSix Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific AdvanSix insiders, such as employees or executives, is commonly permitted as long as it does not rely on AdvanSix's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases AdvanSix insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

AdvanSix Outstanding Bonds

AdvanSix issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AdvanSix uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AdvanSix bonds can be classified according to their maturity, which is the date when AdvanSix has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

AdvanSix Predictive Daily Indicators

AdvanSix intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of AdvanSix stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

AdvanSix Corporate Filings

F4
2nd of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
13th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
31st of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
20th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
3rd of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
26th of April 2024
Other Reports
ViewVerify
F4
4th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

AdvanSix Forecast Models

AdvanSix's time-series forecasting models are one of many AdvanSix's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary AdvanSix's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About AdvanSix Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how AdvanSix prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling AdvanSix shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as AdvanSix. By using and applying AdvanSix Stock analysis, traders can create a robust methodology for identifying AdvanSix entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.05  0.08 
Operating Profit Margin 0.05  0.08 
Net Profit Margin 0.04  0.04 
Gross Profit Margin 0.11  0.10 

Current AdvanSix Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. AdvanSix analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. AdvanSix analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
47.0Buy2Odds
AdvanSix current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most AdvanSix analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand AdvanSix stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AdvanSix, talking to its executives and customers, or listening to AdvanSix conference calls.
AdvanSix Analyst Advice Details

AdvanSix Stock Analysis Indicators

AdvanSix stock analysis indicators help investors evaluate how AdvanSix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading AdvanSix shares will generate the highest return on investment. By understating and applying AdvanSix stock analysis, traders can identify AdvanSix position entry and exit signals to maximize returns.
Begin Period Cash Flow31 M
Long Term Debt170 M
Common Stock Shares Outstanding28 M
Total Stockholder Equity739.2 M
Tax Provision14.6 M
Quarterly Earnings Growth Y O Y-0.48
Property Plant And Equipment Net948.4 M
Cash And Short Term Investments29.8 M
Cash29.8 M
Accounts Payable258.3 M
Net Debt238.4 M
50 Day M A23.368
Total Current Liabilities358.9 M
Other Operating Expenses1.5 B
Non Current Assets Total1.1 B
Non Currrent Assets Other25.4 M
Stock Based Compensation8.3 M

Additional 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.