The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has AdvanSix (ASIX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.AdvanSix is one of 235 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank con ...

Last week, the Federal Reserve initiated its first rate cut in four years, lowering benchmark rates by half a percentage point. While this sparked some optimism on Wall Street, concerns about the global economy and U.S. markets persist. With the U.S. presidential election entering its final phase and other geopolitical factors at play, investors may face short-term market volatility. Investors should focus on value investing to weather uncertainties and capitalize on opportunities for growth.Stocks like Pil ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

AdvanSix Inc.’s (ASIX) stock looks attractive from a valuation standpoint. ASIX is currently trading at a forward price/earnings of 8.34X, a roughly 65.3% discount when stacked up with the industry average of 24.04X. It also has a Value Score of A.ASIX stock is trading at a roughly 10% discount to its 52-week high of $31.62, reached on Sept. 19, 2023. AdvanSix’s cheap valuation should lure investors seeking value. But is the time right to buy ASIX’s shares based on its attractive valuation? Let’s delve deep ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!AdvanSix Inc. (NYSE: ASIX ) is a $730-million market cap firm that specializes in manufacturing and selling polymer resins both in the U.S. and internationally. They're known for their NylonDaniel Sereda is chief investment analyst at a family office whose investmen ...

The Zacks Chemicals Specialty industry is mired with challenges from sluggish demand, largely due to the slowdown in Europe and a slow economic recovery in China. Margins of companies in this space also remain under pressure due to the still-elevated input, supply chain and logistics costs. Industry players like Axalta Coating Systems Ltd. (AXTA) , Hawkins, Inc. (HWKN) and AdvanSix Inc. (ASIX) are banking on strategic measures, including operating cost reductions, to tide over a persistently challenging env ...

AdvanSix (ASIX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ASIX's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200-day, sin ...

AdvanSix Inc.’s (ASIX) shares have appreciated 27.3% in the past three months. The company also outperformed the industry’s rise of 2.2% and topped the S&P 500’s 5.2% increase over the same period.Image Source: Zacks Investment ResearchLet’s take a look at the factors driving the stock’s price appreciation.What’s Driving AdvanSix?AdvanSix posted strong second-quarter results that exceeded expectations. The company recorded adjusted earnings of $1.55 per share, outperforming the Zacks Consensus Estimate of $ ...

Regardless of the market conditions, investors want to design a portfolio of stocks that will fetch them handsome returns. As they invest their hard-earned money in the stock market, they naturally do not want to see the same go down the drain, especially in an uncertain scenario.One way to do so is by following broker advice. Stocks like AdvanSix (ASIX) , Bally's Corporation (BALY) , DXC Technology (DXC) , Warner Bros. Discovery (WBD) and Bunge (BG) are worth keeping an eye on.We have designed a screen to ...

AdvanSix (ASIX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this polymer resins producer reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate r ...