AdvanSix(ASIX)
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AdvanSix (ASIX) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-08-12 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
Best Income Stocks to Buy for August 12th
ZACKS· 2024-08-12 10:31
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 12th:Euroseas Ltd. (ESEA) : This ocean-going transportation services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.5% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 5.8%, compared with the industry average of 3.1%.AdvanSix Inc. (ASIX) : This manufacturer of polymer resins has witnessed the Zacks Consensus ...
AdvanSix(ASIX) - 2024 Q2 - Quarterly Report
2024-08-02 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 1-37774 AdvanSix Inc. (Exact name of registrant as specified in its charter) | --- | --- | |---------------------------- ...
AdvanSix(ASIX) - 2024 Q2 - Earnings Call Transcript
2024-08-02 18:10
AdvanSix Inc. (NYSE:ASIX) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Adam Kressel - Vice President, Investor Relations & Treasurer Erin Kane - President & Chief Executive Officer Michael Preston - Senior Vice President & Chief Financial Officer Conference Call Participants David Silver - CL King Charles Neivert - Piper Sandler Operator Good day. And welcome to AdvanSix Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being ...
Here's What Key Metrics Tell Us About AdvanSix (ASIX) Q2 Earnings
ZACKS· 2024-08-02 14:35
For the quarter ended June 2024, AdvanSix (ASIX) reported revenue of $453.48 million, up 6% over the same period last year. EPS came in at $1.55, compared to $1.25 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $426.8 million, representing a surprise of +6.25%. The company delivered an EPS surprise of +29.17%, with the consensus EPS estimate being $1.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...
AdvanSix(ASIX) - 2024 Q2 - Earnings Call Presentation
2024-08-02 13:23
August 2, 2024 2Q 2024 Earnings Presentation Forward Looking Statements This presentation contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, that address activities, events or developments that our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Forward-looking st ...
AdvanSix (ASIX) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-02 12:50
AdvanSix (ASIX) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.17%. A quarter ago, it was expected that this polymer resins producer would post a loss of $0.54 per share when it actually produced a loss of $0.56, delivering a surprise of -3.70%.Over the last four quarters, the com ...
AdvanSix(ASIX) - 2024 Q2 - Quarterly Results
2024-08-02 10:31
Exhibit 99.1 News Release ADVANSIX ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Sales of $453 million, up 6% versus prior year Earnings Per Share of $1.43; Adjusted Earnings Per Share of $1.55 Cash Flow from Operations of $50 million, up 43% versus prior year Performance across diversified portfolio supports favorable earnings outlook Parsippany, N.J., August 2, 2024 - AdvanSix (NYSE: ASIX), a diversified chemistry company, today announced its financial results for the second quarter ending June 30, 2024 ...
Is AdvanSix (ASIX) Stock Undervalued Right Now?
ZACKS· 2024-08-01 14:46
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.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companie ...
Should Value Investors Buy AdvanSix (ASIX) Stock?
ZACKS· 2024-07-11 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-a ...