Media coverage about AdvanSix (NYSE:ASIX) has trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AdvanSix earned a media sentiment score of -0.03 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.8851340243235 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered AdvanSix from a “buy” rating to a “hold” rating in a research report on Friday, April 20th. Cowen lowered their price target on AdvanSix from $47.00 to $41.00 and set an “outperform” rating for the company in a research report on Thursday, April 12th.
AdvanSix opened at $37.95 on Friday, according to MarketBeat. The company has a quick ratio of 0.72, a current ratio of 1.17 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $1.17 billion, a PE ratio of 12.65 and a beta of 1.44. AdvanSix has a 1 year low of $27.93 and a 1 year high of $46.51.
AdvanSix (NYSE:ASIX) last posted its quarterly earnings results on Friday, May 4th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.11. The firm had revenue of $359.20 million during the quarter, compared to analyst estimates of $368.45 million. AdvanSix had a return on equity of 24.00% and a net margin of 8.99%. The company’s quarterly revenue was down 4.6% on a year-over-year basis. sell-side analysts forecast that AdvanSix will post 3.28 earnings per share for the current fiscal year.
In related news, Director Michael Marberry purchased 1,398 shares of the stock in a transaction dated Monday, May 7th. The stock was purchased at an average price of $35.74 per share, with a total value of $49,964.52. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last ninety days, insiders bought 4,086 shares of company stock valued at $149,900. 0.22% of the stock is owned by insiders.
AdvanSix Company Profile
AdvanSix Inc manufactures and sells polymer resins in the United States. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce engineered plastics, fibers, filaments, and films. The company also provides caprolactam, ammonium sulfate fertilizers, and acetone, as well as other intermediate chemicals, including phenol, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, cyclohexanol, acetaldehyde oxime, 2-pentanone oxime, sulfuric acid, ammonia, and carbon dioxide.
Receive News & Ratings for AdvanSix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvanSix and related companies with MarketBeat.com's FREE daily email newsletter.