Home Sectors Basic Materials Present Performance: AdvanSix (NYSE: ASIX)

Present Performance: AdvanSix (NYSE: ASIX)

18
0
SHARE

AdvanSix is in the basic materials sector and chemicals industry. The company CEO is Erin N. Kane. AdvanSix Inc manufactures Nylon 6, a polymer resin used to produce engineered plastics, fibers, filaments and films that are used in end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging.

Previous Intraday Trading Performance:

The ASIX stock showed a previous change of -0.78% with an open at 33.41 and a close of 33.29. It reached an intraday high of 33.53 and a low of 33.15.

SeekingAlpha:  AdvanSix Inc. (ASIX) CEO Erin Kane on Q4 2018 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $992.1m with 29.8m shares outstanding, of which the float is 28.8m shares. Trading volume reached 119,794 shares compared to its average volume of 161,408 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, AdvanSix shares returned -1.16% and in the past 30 trading days it returned 20.75%. Over three months, it changed 19.83%. In one year it has changed -19.49% and within that year its 52-week high was 44.43 and its 52-week low was 22.57. ASIX stock is 47.50% above its 52 Week Low.

Our calculations show a 200 day moving average of 32.82 and a 50 day moving average of 29.01. Currently ASIX stock is trading 1.43% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  AdvanSix misses by $0.02, beats on revenue

Earnings:

The last annual fiscal EPS for the company was reported at 4.71 that ended on 31st of December 2017, which according to the previous close, that is a PE of 7.07. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.77. The TTM EPS is 2.14, which comes to a TTM PE of 15.56.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.68
09-30-2018:  0.18
06-30-2018:  0.91
03-31-2018:  0.37

Base on our calculations, the intrinsic value per share is 28.54, which means it may be overvalued by -16.63%

Indicators to Watch:

Based on the latest filings, there is 3.10% of insider ownership and 115.30% of institutional ownership. Short-interest is 324,643, which is 1.09% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.90. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 2.04

Business Wire:  AdvanSix Announces Fourth Quarter and Full Year 2018 Financial Results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 33.13%, return on assets is 12.21%, profit margin is 4.03%, price-to-sales is 0.89 and price-to-book is 2.42.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

SHARE
John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.