AdvanSix (NYSE:ASIX – Get Free Report) released its earnings results on Friday. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.37), FiscalAI reports. The business had revenue of $421.28 million for the quarter, compared to the consensus estimate of $452.00 million. AdvanSix had a return on equity of 2.18% and a net margin of 0.67%.
Here are the key takeaways from AdvanSix’s conference call:
- Second-quarter results improved sequentially but declined year over year: Sales rose 3% to $421 million, while adjusted EBITDA fell to $32 million and adjusted EPS declined to $0.19, primarily due to lower volumes and agricultural weakness.
- Strong commercial execution fully offset a $72 million year-over-year raw-material cost headwind, with pricing across Plant Nutrients, Chemical Intermediates, and Nylon Solutions recovering higher benzene, sulfur, and propylene costs.
- Plant Nutrients volumes were below expectations as elevated grower input costs and weak crop economics reduced fertilizer consumption; management expects a larger-than-usual sequential earnings headwind from the fall fertilizer reset due to high sulfur prices and channel inventory.
- Management expects significant second-half improvement in earnings and cash flow, supported by completed turnaround work, lower capital expenditures, working-capital tailwinds, cost reductions, and an anticipated $18 million Section 45Q tax-credit payment in the second half.
- AdvanSix is expanding optionality around its integrated ammonia platform, targeting a 30% increase in 2026 ammonia sales volume, pursuing a potentially 50%-funded USDA ammonia-capacity grant, and progressing its DEF project toward a 2027 investment decision.
AdvanSix Stock Down 17.9%
Shares of ASIX stock traded down $3.61 during trading hours on Friday, reaching $16.53. 718,970 shares of the company’s stock were exchanged, compared to its average volume of 218,346. AdvanSix has a fifty-two week low of $14.10 and a fifty-two week high of $26.73. The stock’s 50 day moving average is $20.64 and its 200-day moving average is $20.79. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The company has a market cap of $445.54 million, a price-to-earnings ratio of 44.67 and a beta of 1.29.
AdvanSix Dividend Announcement
Institutional Investors Weigh In On AdvanSix
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASIX. Raymond James Financial Inc. acquired a new position in shares of AdvanSix during the second quarter valued at about $29,000. Osaic Holdings Inc. grew its position in AdvanSix by 60.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,285 shares of the company’s stock worth $31,000 after purchasing an additional 483 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in AdvanSix by 27,537.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,211 shares of the company’s stock valued at $43,000 after purchasing an additional 2,203 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of AdvanSix by 144.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,385 shares of the company’s stock worth $57,000 after buying an additional 1,408 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of AdvanSix by 3,423.6% in the fourth quarter. Parallel Advisors LLC now owns 5,673 shares of the company’s stock worth $98,000 after buying an additional 5,512 shares during the last quarter. 86.39% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on ASIX shares. Zacks Research raised shares of AdvanSix to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings cut AdvanSix from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen cut AdvanSix from a “hold” rating to a “sell” rating in a research note on Saturday. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, AdvanSix currently has a consensus rating of “Reduce” and an average target price of $22.50.
View Our Latest Stock Report on AdvanSix
Key AdvanSix News
Here are the key news stories impacting AdvanSix this week:
- Positive Sentiment: AdvanSix declared a quarterly dividend of $0.16 per share, payable September 1 to shareholders of record August 18. The payout represents an annualized dividend of approximately $0.64 per share and a stated yield of about 3.9%, signaling that the company is maintaining shareholder distributions.
- Neutral Sentiment: The company’s Q2 2026 earnings presentation and conference-call transcript provide additional details on the quarter and management’s outlook, but the available reports do not identify a new catalyst strong enough to offset the earnings shortfall. AdvanSix Q2 2026 Results Earnings Call Presentation AdvanSix Q2 2026 Earnings Call Transcript
- Negative Sentiment: AdvanSix reported second-quarter earnings of $0.19 per share, well below the $0.56 consensus estimate. Revenue was $421.3 million, versus analyst expectations of $452 million, while the company posted a low 0.67% net margin and 2.18% return on equity. The earnings miss raises concerns about near-term demand, profitability and operating performance. AdvanSix Q2 Earnings Snapshot AdvanSix Posts Mixed Q2 Results
- Negative Sentiment: Wall Street Zen downgraded ASIX to “Sell,” adding further pressure after the disappointing quarterly results and reinforcing concerns about the stock’s earnings outlook. AdvanSix Cut to Sell at Wall Street Zen
AdvanSix Company Profile
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.
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