AdvanSix (NYSE:ASIX) Announces Earnings Results

AdvanSix (NYSE:ASIX) posted its quarterly earnings data on Friday. The company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.02), FiscalAI reports. The firm had revenue of $404.18 million for the quarter, compared to analysts’ expectations of $364.90 million. AdvanSix had a return on equity of 6.97% and a net margin of 3.24%.

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

• Q1 sales were $404 million (up ~7% YoY) but adjusted EBITDA fell to $5 million, down ~$47 million largely due to the absence of prior-year insurance proceeds, higher sulfur and natural gas costs, utility expense, and ~$11 million of winter-storm impacts.
• Management expects significant sequential earnings and cash-flow improvement in Q2, is guiding full-year CapEx of $75–$95 million with ~20% toward growth investments, and targets leverage near the low end of its 1.0–2.5x range by year-end.
• AdvanSix announced a process design and licensing agreement to evaluate a Hopewell expansion to produce DEF, targeting an FID in H1 2027 and operations in 2029; management says the project is larger than SUSTAIN, fits its >20% IRR hurdle, and does not require additional ammonia capacity.
• Raw-material dynamics are a key near-term factor—spot sulfur prices jumped ~140% YoY and remain elevated, Q1 pricing didn’t fully cover input inflation but the company expects to recoup much of the shortfall in Q2 amid tighter acetone supply and recovering nylon end markets.
• Progressing on 45Q carbon-capture tax credits—IRS audit fieldwork is underway and AdvanSix expects roughly $18 million of remaining proceeds from prior-year credits in H2, subject to regulatory approval.

AdvanSix Stock Performance

Shares of NYSE:ASIX traded down $3.62 during midday trading on Friday, reaching $20.32. The company had a trading volume of 1,238,282 shares, compared to its average volume of 292,745. The company’s 50 day moving average price is $22.28 and its 200 day moving average price is $18.96. The company has a current ratio of 1.13, a quick ratio of 0.52 and a debt-to-equity ratio of 0.26. The stock has a market cap of $547.80 million, a P/E ratio of 11.23 and a beta of 1.33. AdvanSix has a 52-week low of $14.10 and a 52-week high of $26.73.

AdvanSix Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, May 19th. AdvanSix’s payout ratio is 35.36%.

Wall Street Analyst Weigh In

ASIX has been the topic of a number of research analyst reports. Weiss Ratings raised shares of AdvanSix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Loop Capital set a $25.00 price target on shares of AdvanSix in a report on Thursday, March 12th. Wall Street Zen downgraded shares of AdvanSix from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Truist Financial boosted their price target on shares of AdvanSix from $19.00 to $20.00 and gave the stock a “hold” rating in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.67.

Hedge Funds Weigh In On AdvanSix

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in AdvanSix by 0.5% during the third quarter. Vanguard Group Inc. now owns 1,990,011 shares of the company’s stock valued at $38,566,000 after purchasing an additional 10,642 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in AdvanSix by 55.3% during the third quarter. Alliancebernstein L.P. now owns 948,491 shares of the company’s stock valued at $18,382,000 after purchasing an additional 337,908 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in AdvanSix by 23.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 711,634 shares of the company’s stock valued at $12,311,000 after purchasing an additional 135,650 shares during the last quarter. Millennium Management LLC purchased a new stake in AdvanSix during the fourth quarter valued at about $11,479,000. Finally, Goldman Sachs Group Inc. lifted its holdings in AdvanSix by 149.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 378,610 shares of the company’s stock valued at $6,550,000 after purchasing an additional 226,756 shares during the last quarter. 86.39% of the stock is owned by hedge funds and other institutional investors.

Key AdvanSix News

Here are the key news stories impacting AdvanSix this week:

• Positive Sentiment: First-quarter revenue came in above expectations at $404.2 million, up 7% year over year, showing solid demand and better-than-expected sales performance. AdvanSix Announces First Quarter 2026 Financial Results
• Positive Sentiment: The board announced a quarterly dividend of $0.16 per share, supporting the stock’s income appeal and signaling confidence in cash generation. AdvanSix Dividend Announcement
• Positive Sentiment: AdvanSix also said it is evaluating an expansion of its ammonia platform to serve the growing diesel exhaust fluid market, which could create a future growth opportunity. AdvanSix Announces Process Design and License Agreement to Assess Expansion of Its Ammonia Platform to Supply Growing Regional Diesel Exhaust Fluid Market
• Neutral Sentiment: The company’s earnings per share missed analyst expectations, reporting a loss of $0.50 per share versus an expected loss of $0.48, which may be limiting investor enthusiasm despite the revenue beat. AdvanSix Q1 2026 Earnings Report and Transcript
• Neutral Sentiment: Management’s earnings presentation and transcript will likely be focused on margin trends, demand outlook, and capital allocation, but they do not appear to add a major new catalyst on their own. AdvanSix Q1 2026 Results Earnings Call Presentation
• Negative Sentiment: The earnings miss on EPS suggests profitability remained under pressure, which is likely the main reason the stock is trading down despite strong sales growth and the dividend increase.

About AdvanSix

AdvanSix, Inc (NYSE: ASIX) is an integrated chemical manufacturer specializing in the production of nylon 6 intermediates and related co‐products. Established as a publicly traded spin‐off from Honeywell Specialty Chemicals in June 2016, the company is headquartered in Parsippany, New Jersey.

The company’s principal product is caprolactam, the key building block for nylon 6 resin, used in fibers and engineering plastics across industries. In addition to caprolactam and nylon 6 resin, AdvanSix produces ammonium sulfate fertilizer and industrial chemicals such as phenol and acetone.