AdvanSix (NYSE:ASIX) Releases Earnings Results

AdvanSix (NYSE:ASIX) issued its quarterly earnings data on Wednesday. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.20), FiscalAI reports. AdvanSix had a negative return on equity of 1.28% and a negative net margin of 1.14%. The company had revenue of $430.81 million for the quarter, compared to analyst estimates of $426.00 million.

Here are the key takeaways from AdvanSix’s conference call:

• Third-quarter sales rose 15% to $431 million, largely on higher pricing, but adjusted EBITDA fell $10 million year over year to $15 million. A $65 million raw-material cost headwind and reduced production, which hurt fixed-cost absorption, weighed on results; pricing largely offset benzene and propylene inflation but not sulfur costs in Plant Nutrients.
• Cash generation improved: operating cash flow was $48 million and free cash flow was $30 million in the quarter, supported by disciplined working capital and lower capital spending. Management sees a path to break-even free cash flow for full-year 2026, excluding an expected $18 million 45Q refund that may be delayed until 2027.
• Management expects a year-over-year price-over-raw-material headwind in the fourth quarter, with high sulfur costs continuing to pressure Plant Nutrients. It sees potential for tighter ammonium sulfate supply and improved demand into spring 2027, while noting that nylon caprolactam production remains about 8%–10% below levels associated with healthier markets amid weak building and construction demand.
• AdvanSix was selected for $47 million in proposed USDA funding toward Project CENTURY, a planned $98 million investment to modernize Hopewell and add about 84,000 tons of annual ammonia capacity. The company expects an attractive return above its 20% hurdle rate, though final grant approvals remain in process and major spending is expected later in the project.

AdvanSix Stock Down 2.3%

AdvanSix stock traded down $0.36 during mid-day trading on Wednesday, hitting $15.22. 158,771 shares of the company’s stock were exchanged, compared to its average volume of 331,282. The company has a current ratio of 1.28, a quick ratio of 0.70 and a debt-to-equity ratio of 0.35. The stock has a market cap of $410.83 million, a P/E ratio of -23.05 and a beta of 1.27. AdvanSix has a 1-year low of $14.10 and a 1-year high of $26.73. The stock has a 50 day moving average of $16.28 and a two-hundred day moving average of $19.41.

AdvanSix Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th were issued a $0.16 dividend. The ex-dividend date was Tuesday, August 18th. This represents a $0.64 dividend on an annualized basis and a yield of 4.2%. AdvanSix’s dividend payout ratio is currently -96.97%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ASIX shares. Truist Financial reduced their price objective on shares of AdvanSix from $20.00 to $18.00 and set a “hold” rating for the company in a report on Monday, August 10th. Wall Street Zen downgraded AdvanSix from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings lowered AdvanSix from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, August 21st. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $21.50.

AdvanSix Company Profile

AdvanSix Inc (NYSE:ASIX) is a diversified chemistry company that manufactures and sells polymer resins, chemical intermediates and performance products. Its portfolio includes nylon 6 resin, caprolactam, ammonium sulfate fertilizer, acetone and other chemical products used in a range of industrial and consumer applications.

The company’s nylon 6 products are used in fibers, engineered plastics, films, automotive components, electrical and electronics products, and other applications. Its chemical intermediates support the production of coatings, adhesives, solvents and other materials, while its ammonium sulfate products are marketed as nitrogen and sulfur fertilizers for agricultural use.

AdvanSix was established as an independent, publicly traded company in 2016 following its separation from Honeywell International.