Advansix Stock Today

ASIX
 Stock
  

USD 33.39  0.19  0.57%   

Market Performance
0 of 100
Odds Of Distress
Less than 32
Advansix is trading at 33.39 as of the 29th of June 2022; that is -0.57 percent down since the beginning of the trading day. The stock's open price was 33.58. Advansix has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over 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 30th of May 2022 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
00773T101
Fiscal Year End
December
Business Domain
Materials
IPO Date
3rd of October 2016
Category
Basic Materials
Classification
Materials
ISIN
US00773T1016
AdvanSix Inc. manufactures and sells 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, alpha-methyl styrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide. The company has 28.13 M outstanding shares of which 488.85 K shares are presently shorted by private and institutional investors with about 2.3 trading days to cover. More on Advansix
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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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Advansix generated a negative expected return over the last 90 days
Advansix has high historical volatility and very poor performance
Advansix has a poor financial position based on the latest SEC disclosures
Over 87.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Payment of 4456 shares by Kelly Slieter of Advansix subject to Rule 16b-3
CEOErin Kane
SEC FilingsAdvansix Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Advansix based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Advansix financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares27.3 M28.2 M
Sufficiently Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted27.9 M29 M
Sufficiently Down
Decreasing
Slightly volatile
Net Cash Flow from Operations197.7 M218.8 M
Moderately Down
Increasing
Slightly volatile
Total Assets1.3 B1.3 B
Slightly Down
Increasing
Slightly volatile
Total Liabilities744 M710.8 M
Sufficiently Up
Increasing
Slightly volatile
Current Assets370.1 M349.9 M
Notably Up
Increasing
Stable
Current Liabilities327.8 M309.8 M
Notably Up
Increasing
Slightly volatile
Total Debt319.1 M271.7 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.0890.11
Significantly Down
Increasing
Very volatile
Gross Margin0.150.163
Significantly Down
Increasing
Stable
Asset Turnover1.261.324
Notably Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Advansix's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
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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Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Advansix's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Advansix deploys its capital and how much of that capital is borrowed.
Liquidity
Advansix cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 273.05 M in liabilities with Debt to Equity (D/E) ratio of 0.45, which is about average as compared to similar companies. Advansix has a current ratio of 1.11, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Advansix until it has trouble settling it off, either with new capital or with free cash flow. So, Advansix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Advansix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Advansix to invest in growth at high rates of return. When we think about Advansix's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

197.7 MillionShare
Advansix (ASIX) is traded on New York Stock Exchange in USA. It is located in 300 Kimball Drive, Suite 101, Parsippany, NJ 07054, United States and employs 1,375 people. Advansix is listed under Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 939.34 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 these looking for more risk prefer small-cap and mid-cap equities. Advansix conducts business under Basic Materials sector and is part of Chemicals industry. The entity has 28.13 M outstanding shares of which 488.85 K shares are presently shorted by private and institutional investors with about 2.3 trading days to cover. Advansix currently holds about 15.1 M in cash with 218.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.54.
Check Advansix Probability Of Bankruptcy
Ownership
Advansix retains a total of 28.13 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 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.

Ownership Allocation (%)

Check Advansix Ownership Details

Advansix Stock Price Odds Analysis

What are Advansix's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Advansix jumping above the current price in 90 days from now is about 89.12%. 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 Advansix has a beta of 0.341. This suggests as returns on the market go up, Advansix average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Advansix will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Advansix is significantly underperforming DOW.
  Odds Below 33.39HorizonTargetOdds Above 33.39
10.83%90 days
 33.39 
89.12%
Based on a normal probability distribution, the odds of Advansix to move above the current price in 90 days from now is about 89.12 (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.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares4.6 M234.5 M
Vanguard Group IncCommon Shares2.1 M107.5 M
View Advansix Diagnostics

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.
Advansix Direct Expenses is fairly stable at the moment as compared to the past year. Advansix reported Direct Expenses of 1.41 Billion in 2021. Consolidated Income is likely to rise to about 150.8 M in 2022, whereas Cost of Revenue is likely to drop slightly above 1.3 B in 2022. View More Fundamentals

Advansix 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.

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 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.

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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 DirectorProfile
Todd Karran - Independent DirectorProfile
Darrell Hughes - Independent DirectorProfile
Daniel Sansone - Independent DirectorProfile

Investing Advansix

You need to understand the risk of investing before taking a position 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 Shape 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.
Please continue to Trending Equities. Note that the Advansix information on this page should be used as a complementary analysis to other Advansix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Advansix 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 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 YOY
1.19
Market Capitalization
973.2 M
Quarterly Revenue Growth YOY
0.27
Return On Assets
0.11
Return On Equity
0.31
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 Advansix value 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.