AdvanSix (ASIX) Expected to Announce Earnings on Friday

AdvanSix (NYSE:ASIX) is expected to be releasing its Q2 2025 earnings data before the market opens on Friday, August 1st. Analysts expect AdvanSix to post earnings of $1.19 per share for the quarter.

AdvanSix Price Performance

ASIX stock opened at $20.42 on Thursday. The company’s 50-day moving average price is $23.48 and its two-hundred day moving average price is $24.72. AdvanSix has a 12 month low of $18.44 and a 12 month high of $33.00. The company has a quick ratio of 0.56, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The firm has a market cap of $547.46 million, a P/E ratio of 6.54 and a beta of 1.60.

AdvanSix Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 13th were issued a dividend of $0.16 per share. The ex-dividend date was Tuesday, May 13th. This represents a $0.64 annualized dividend and a yield of 3.13%. AdvanSix’s payout ratio is 20.51%.

Hedge Funds Weigh In On AdvanSix

Several large investors have recently modified their holdings of ASIX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in AdvanSix by 4.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,147 shares of the company’s stock valued at $343,000 after buying an additional 604 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of AdvanSix by 23.2% in the first quarter. Royal Bank of Canada now owns 18,990 shares of the company’s stock valued at $430,000 after purchasing an additional 3,575 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of AdvanSix by 35.7% in the first quarter. AQR Capital Management LLC now owns 74,743 shares of the company’s stock valued at $1,693,000 after purchasing an additional 19,668 shares during the period. Institutional investors own 86.39% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ASIX shares. Wall Street Zen raised shares of AdvanSix from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 31st. Piper Sandler set a $32.00 price target on AdvanSix in a research report on Monday, May 19th.

About AdvanSix

AdvanSix Inc engages in the manufacture and sale of 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, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide.