AdvanSix (NYSE:ASIX) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokers have set a 12 month consensus target price of $41.00 for the company and are anticipating that the company will post $0.22 EPS for the current quarter, according to Zacks. Zacks has also assigned AdvanSix an industry rank of 123 out of 265 based on the ratings given to related companies.

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ASIX has been the subject of a number of research analyst reports. Zacks Investment Research raised AdvanSix from a “sell” rating to a “hold” rating in a research report on Friday, March 16th. ValuEngine raised AdvanSix from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Finally, Cowen decreased 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.

In other news, Director Michael Marberry bought 685 shares of the firm’s stock in a transaction on Friday, April 6th. The stock was acquired at an average cost of $36.50 per share, with a total value of $25,002.50. Following the completion of the transaction, the director now directly owns 19,424 shares of the company’s stock, valued at approximately $708,976. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have purchased 2,688 shares of company stock valued at $99,935 over the last ninety days. 2.70% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the business. Sterling Capital Management LLC increased its position in AdvanSix by 930.5% in the fourth quarter. Sterling Capital Management LLC now owns 244,393 shares of the company’s stock worth $10,282,000 after buying an additional 220,676 shares during the last quarter. MetLife Investment Advisors LLC purchased a new stake in AdvanSix in the fourth quarter worth $609,000. Clark Capital Management Group Inc. purchased a new stake in AdvanSix in the fourth quarter worth $1,417,000. LPL Financial LLC increased its position in AdvanSix by 76.0% in the fourth quarter. LPL Financial LLC now owns 8,991 shares of the company’s stock worth $378,000 after buying an additional 3,883 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its position in AdvanSix by 30.2% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 135,000 shares of the company’s stock worth $5,678,000 after buying an additional 31,300 shares during the last quarter. 77.97% of the stock is owned by institutional investors and hedge funds.

Shares of ASIX stock traded up $1.46 during trading hours on Monday, reaching $36.54. The company had a trading volume of 275,653 shares, compared to its average volume of 313,055. The company has a quick ratio of 0.87, a current ratio of 1.31 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $1,069.31, a PE ratio of 12.18 and a beta of 1.45. AdvanSix has a 12 month low of $24.72 and a 12 month high of $46.51.

AdvanSix (NYSE:ASIX) last issued its quarterly earnings results on Friday, February 23rd. The company reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.10. The company had revenue of $370.39 million during the quarter, compared to the consensus estimate of $365.40 million. AdvanSix had a return on equity of 32.17% and a net margin of 9.94%. AdvanSix’s revenue was up 42.8% compared to the same quarter last year. equities research analysts anticipate that AdvanSix will post 3.28 earnings per share for the current fiscal year.

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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.

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