Home Sectors Basic Materials Latest Valuation: AdvanSix (NYSE: ASIX)

Latest Valuation: AdvanSix (NYSE: ASIX)

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AdvanSix is part of the chemicals industry and basic materials sector. 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 0.52% with an open at 31.07 and a close of 31.19. It reached an intraday high of 31.62 and a low of 30.88.

Business Wire:  AdvanSix Issues Statement on Phenol Customer Force Majeure

Liquidity:

The stock has a market cap of $905.3m with 29.0m shares outstanding, of which the float is 28.0m shares. Trading volume reached 137,415 shares compared to its average volume of 171,259 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 -2.26% and in the past 30 trading days it returned -1.27%. Over three months, it changed 18.01%. In one year it has changed -28.95% and within that year its 52-week high was 42.19 and its 52-week low was 22.57. ASIX stock is 38.19% above its 52 Week Low.

Our calculations show a 200 day moving average of 32.55 and a 50 day moving average of 30.59. Currently ASIX stock is trading -4.17% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Business Wire:  AdvanSix Issues Statement on Phenol Customer Force Majeure

Earnings:

The last annual fiscal EPS for the company was reported at 2.14 that ended on 31st of December 2018, which according to the previous close, that is a PE of 14.57. 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 14.57.

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 25.94, which means it may be overvalued by -20.24%

Indicators to Watch:

Based on the latest filings, there is 119.20% of institutional ownership. Short-interest is 314,191, which is 1.08% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.87. 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 2.03

SeekingAlpha:  Aceto misses by $0.23, beats on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 16.97%, return on assets is 6.49%, profit margin is 4.42%, price-to-sales is 0.59 and price-to-book is 2.14.

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

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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.