News coverage about AdvanSix (NYSE:ASIX) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AdvanSix earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.5687061686039 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of brokerages recently commented on ASIX. ValuEngine raised AdvanSix from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Zacks Investment Research raised AdvanSix from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. BidaskClub downgraded AdvanSix from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 10th. Finally, Cowen raised their target price on AdvanSix from $40.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, October 6th.
Shares of AdvanSix (ASIX) opened at $38.86 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.39 and a quick ratio of 0.93. AdvanSix has a 52-week low of $24.07 and a 52-week high of $46.51. The stock has a market capitalization of $1,184.57, a price-to-earnings ratio of 24.60 and a beta of 2.97.
AdvanSix (NYSE:ASIX) last released its earnings results on Tuesday, November 7th. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.77. AdvanSix had a return on equity of 20.30% and a net margin of 3.64%. equities analysts predict that AdvanSix will post 2.9 EPS for the current fiscal year.
In other news, Director Michael Marberry bought 539 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was acquired at an average cost of $46.41 per share, with a total value of $25,014.99. Following the completion of the transaction, the director now directly owns 16,420 shares of the company’s stock, valued at approximately $762,052.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders acquired 1,741 shares of company stock valued at $74,988 over the last three months. Company insiders own 2.70% of the company’s stock.
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AdvanSix Company Profile
AdvanSix Inc is an integrated manufacturer of Nylon 6. The Company also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process primarily, including caprolactam, ammonium sulfate fertilizers and other chemical intermediates. The Company operates primarily through its integrated manufacturing sites located in Frankford, Pennsylvania, Hopewell, Virginia, and Chesterfield, Virginia.
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