Advansix Stock Today
| ASIX Stock | USD 26.84 0.15 0.56% |
Performance3 of 100
| Odds Of DistressLess than 3
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AdvanSix is trading at 26.84 as of the 19th of April 2024; that is 0.56 percent up since the beginning of the trading day. The stock's open price was 26.69. AdvanSix has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for AdvanSix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 3rd of October 2016 | Category Basic Materials |
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. The company has 26.7 M outstanding shares of which 317.14 K shares are presently shorted by private and institutional investors with about 2.36 trading days to cover. More on AdvanSix
Moving together with AdvanSix Stock
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| 0.64 | BAK | Braskem SA Class Financial Report 14th of May 2024 | PairCorr |
| 0.74 | DOW | Dow Inc Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 3rd of May 2024
AdvanSix Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AdvanSix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AdvanSix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Erin Kane | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commodity Chemicals, Materials, Basic Materials, NYSE Composite, SP Small-Cap 600, Cannabis, ESG Investing, Trump Equities, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering AdvanSix report their recommendations after researching AdvanSix's financial statements, talking to executives and customers, or listening in on AdvanSix's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AdvanSix. The AdvanSix consensus assessment is calculated by taking the average forecast from all of the analysts covering AdvanSix. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from AdvanSix's financial statements, AdvanSix is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of AdvanSix is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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AdvanSix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AdvanSix's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AdvanSix's financial leverage. It provides some insight into what part of AdvanSix's total assets is financed by creditors.
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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. The company currently falls under 'Small-Cap' category with a current market capitalization of 716.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AdvanSix's market, we take the total number of its shares issued and multiply it by AdvanSix's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AdvanSix conducts business under Chemicals sector and is part of Materials industry. The entity has 26.7 M outstanding shares of which 317.14 K shares are presently shorted by private and institutional investors with about 2.36 trading days to cover.
AdvanSix currently holds about 17.3 M in cash with 117.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check AdvanSix Probability Of Bankruptcy
Ownership AllocationAdvanSix retains a total of 26.7 Million outstanding shares. The majority of AdvanSix outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AdvanSix to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in AdvanSix. Please pay attention to any change in the institutional holdings of AdvanSix as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check AdvanSix Ownership Details
AdvanSix Stock Price Odds Analysis
Based on a normal probability distribution, the odds of AdvanSix jumping above the current price in 90 days from now is about 44.75%. The AdvanSix probability density function shows the probability of AdvanSix stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.4792. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, AdvanSix will likely underperform. Additionally, advanSix has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of AdvanSix to move above the current price in 90 days from now is about 44.75 (This AdvanSix probability density function shows the probability of AdvanSix Stock to fall within a particular range of prices over 90 days) .
AdvanSix Stock Institutional Holders
Institutional Holdings refers to the ownership stake in AdvanSix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AdvanSix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AdvanSix's value.| Instituion | Recorded On | Shares | |
| Bridgeway Capital Management, Llc | 2023-09-30 | 387.4 K | |
| Jpmorgan Chase & Co | 2023-09-30 | 386.4 K | |
| Bank Of New York Mellon Corp | 2023-09-30 | 327.5 K | |
| Amvescap Plc. | 2023-09-30 | 324.4 K | |
| Northern Trust Corp | 2023-09-30 | 293.9 K | |
| Hotchkis & Wiley Capital Management Llc | 2023-09-30 | 258.9 K | |
| Morgan Stanley - Brokerage Accounts | 2023-09-30 | 258.2 K | |
| Thompson, Siegel & Walmsley Llc | 2023-09-30 | 249.7 K | |
| Ameriprise Financial Inc | 2023-09-30 | 216.3 K | |
| Blackrock Inc | 2023-09-30 | 4.7 M | |
| Victory Capital Management Inc. | 2023-12-31 | 2.6 M |
AdvanSix Historical Income Statement
AdvanSix Income Statement is one of the three primary financial statements used for reporting AdvanSix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AdvanSix revenue and expense. AdvanSix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AdvanSix's Research Development is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 207.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 57.5 M in 2024. View More FundamentalsAdvanSix Stock Against Markets
Picking the right benchmark for AdvanSix stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AdvanSix stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AdvanSix is critical whether you are bullish or bearish towards AdvanSix at a given time. Please also check how AdvanSix's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AdvanSix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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AdvanSix Corporate Directors
AdvanSix corporate directors refer to members of an AdvanSix board of directors. The board of directors generally takes responsibility for the AdvanSix's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AdvanSix's board members must vote for the resolution. The AdvanSix board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sharon Spurlin | Independent Director | Profile | |
| Todd Karran | Independent Director | Profile | |
| Darrell Hughes | Independent Director | Profile | |
| Daniel Sansone | Independent Director | Profile |
How to buy AdvanSix Stock?
Before investing in AdvanSix, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AdvanSix. To buy AdvanSix stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AdvanSix. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AdvanSix stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AdvanSix stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AdvanSix stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AdvanSix, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.
Already Invested in AdvanSix?
The danger of trading AdvanSix is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AdvanSix is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AdvanSix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AdvanSix is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.
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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.