AdvanSix (ASIX) to Release Earnings on Friday

AdvanSix (NYSE:ASIX) is expected to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.83 per share and revenue of $347.25 million for the quarter.

AdvanSix (NYSE:ASIX) last announced its quarterly earnings data on Friday, February 21st. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.40. AdvanSix had a net margin of 2.91% and a return on equity of 6.26%. The firm had revenue of $329.06 million during the quarter, compared to analyst estimates of $377.15 million.

AdvanSix Price Performance

Shares of ASIX stock opened at $21.41 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.08 and a quick ratio of 0.49. The company has a market capitalization of $573.96 million, a PE ratio of 13.30 and a beta of 1.64. The firm’s 50-day moving average is $22.86 and its two-hundred day moving average is $27.57. AdvanSix has a 12 month low of $18.44 and a 12 month high of $33.00.

AdvanSix Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend was Monday, March 10th. AdvanSix’s payout ratio is presently 39.75%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ASIX shares. StockNews.com lowered AdvanSix from a “buy” rating to a “hold” rating in a research report on Monday, March 24th. Piper Sandler cut AdvanSix from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $35.00 to $26.00 in a report on Monday, April 7th. Finally, UBS Group set a $35.00 price objective on shares of AdvanSix in a report on Tuesday, March 18th.

Insider Buying and Selling at AdvanSix

In other AdvanSix news, CEO Erin N. Kane sold 5,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $30.19, for a total transaction of $150,950.00. Following the sale, the chief executive officer now directly owns 502,795 shares in the company, valued at $15,179,381.05. This represents a 0.98 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Achilles B. Kintiroglou sold 4,000 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $22.24, for a total transaction of $88,960.00. Following the sale, the senior vice president now directly owns 36,363 shares in the company, valued at $808,713.12. This represents a 9.91 % decrease in their position. The disclosure for this sale can be found here. 5.60% of the stock is owned by corporate insiders.

About AdvanSix

AdvanSix Inc engages in the manufacture and sale of polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide.