Earnings Scorecard & Analyst Reports for AdvanSix (NYSE:ASIX)

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Earnings results for AdvanSix (NYSE:ASIX)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.25 and remained the same over the past month at 0.25. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.32 and remained the same over the past month at 1.32 . none raised and none lowered their forecast.

AdvanSix last released its earnings results on May 1st, 2020. The reported $0.31 EPS for the quarter, beating the consensus estimate of $0.16 by $0.15. The business earned $302.71 million during the quarter, compared to analysts’ expectations of $285.70 million. AdvanSix has generated $1.43 earnings per share over the last year and currently has a price-to-earnings ratio of 11.6. AdvanSix has confirmed that its next quarterly earnings report will be published on Friday, July 31st, 2020. AdvanSix will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on AdvanSix (NYSE:ASIX)

3 Wall Street analysts have issued ratings and price targets for AdvanSix in the last 12 months. Their average twelve-month price target is $19.50, suggesting that the stock has a possible upside of 61.69%. The high price target for ASIX is $20.00 and the low price target for ASIX is $19.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

AdvanSix has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $19.50, AdvanSix has a potential upside of 61.7% from its current price of $12.06. AdvanSix has received no research coverage in the past 90 days.

Dividend Strength: AdvanSix (NYSE:ASIX)

AdvanSix does not currently pay a dividend. AdvanSix does not have a long track record of dividend growth.

Insiders buying/selling: AdvanSix (NYSE:ASIX)

In the past three months, AdvanSix insiders have not sold or bought any company stock. Only 3.30% of the stock of AdvanSix is held by insiders. 91.10% of the stock of AdvanSix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of AdvanSix (NYSE:ASIX

Earnings for AdvanSix are expected to grow by 151.52% in the coming year, from $1.32 to $3.32 per share. The P/E ratio of AdvanSix is 11.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.70. The P/E ratio of AdvanSix is 11.60, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.97. AdvanSix has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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