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AdvanSix (ASIX) Competitors

AdvanSix logo
$29.90 +0.80 (+2.75%)
(As of 11/20/2024 ET)

ASIX vs. MEOH, CC, PCT, PRM, TROX, NGVT, UAN, ECVT, WLKP, and VHI

Should you be buying AdvanSix stock or one of its competitors? The main competitors of AdvanSix include Methanex (MEOH), Chemours (CC), PureCycle Technologies (PCT), Perimeter Solutions (PRM), Tronox (TROX), Ingevity (NGVT), CVR Partners (UAN), Ecovyst (ECVT), Westlake Chemical Partners (WLKP), and Valhi (VHI). These companies are all part of the "chemicals" industry.

AdvanSix vs.

Methanex (NASDAQ:MEOH) and AdvanSix (NYSE:ASIX) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, risk, dividends, media sentiment, profitability, community ranking, valuation, earnings and institutional ownership.

In the previous week, Methanex and Methanex both had 10 articles in the media. AdvanSix's average media sentiment score of 1.22 beat Methanex's score of 0.48 indicating that AdvanSix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Methanex
2 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
AdvanSix
4 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Methanex pays an annual dividend of $0.74 per share and has a dividend yield of 1.7%. AdvanSix pays an annual dividend of $0.64 per share and has a dividend yield of 2.1%. Methanex pays out 34.6% of its earnings in the form of a dividend. AdvanSix pays out 45.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Methanex has a beta of 1.36, indicating that its share price is 36% more volatile than the S&P 500. Comparatively, AdvanSix has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500.

Methanex currently has a consensus target price of $55.88, indicating a potential upside of 25.79%. AdvanSix has a consensus target price of $39.50, indicating a potential upside of 32.13%. Given AdvanSix's stronger consensus rating and higher probable upside, analysts plainly believe AdvanSix is more favorable than Methanex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Methanex
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63
AdvanSix
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Methanex has higher revenue and earnings than AdvanSix. Methanex is trading at a lower price-to-earnings ratio than AdvanSix, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Methanex$3.69B0.81$174.14M$2.1420.76
AdvanSix$1.53B0.52$54.62M$1.4121.20

Methanex received 515 more outperform votes than AdvanSix when rated by MarketBeat users. However, 65.19% of users gave AdvanSix an outperform vote while only 63.94% of users gave Methanex an outperform vote.

CompanyUnderperformOutperform
MethanexOutperform Votes
766
63.94%
Underperform Votes
432
36.06%
AdvanSixOutperform Votes
251
65.19%
Underperform Votes
134
34.81%

Methanex has a net margin of 4.12% compared to AdvanSix's net margin of 2.46%. Methanex's return on equity of 9.04% beat AdvanSix's return on equity.

Company Net Margins Return on Equity Return on Assets
Methanex4.12% 9.04% 3.16%
AdvanSix 2.46%5.59%2.78%

73.5% of Methanex shares are held by institutional investors. Comparatively, 86.4% of AdvanSix shares are held by institutional investors. 1.0% of Methanex shares are held by company insiders. Comparatively, 5.6% of AdvanSix shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Methanex beats AdvanSix on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASIX vs. The Competition

MetricAdvanSixPlastics materials & resins IndustryMaterials SectorNYSE Exchange
Market Cap$799.09M$8.64B$2.85B$19.87B
Dividend Yield2.16%2.42%5.20%3.53%
P/E Ratio21.2027.54117.0242.89
Price / Sales0.521.31587,803.7218.10
Price / Cash6.3510.2823.5017.86
Price / Book1.091.863.485.52
Net Income$54.62M$234.47M$151.21M$986.45M
7 Day Performance-1.34%-6.08%0.47%-0.22%
1 Month Performance-0.65%-10.60%-5.56%0.12%
1 Year Performance9.67%6.46%27.76%23.71%

AdvanSix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASIX
AdvanSix
4.8931 of 5 stars
$29.90
+2.7%
$39.50
+32.1%
+9.7%$799.09M$1.53B21.201,450Analyst Downgrade
Insider Trade
Short Interest ↓
Positive News
MEOH
Methanex
4.806 of 5 stars
$44.42
-0.1%
$55.88
+25.8%
-0.4%$2.99B$3.72B20.761,451Dividend Announcement
Analyst Forecast
CC
Chemours
4.71 of 5 stars
$19.46
+1.1%
$24.88
+27.8%
-28.8%$2.91B$6.03B38.506,200
PCT
PureCycle Technologies
1.3396 of 5 stars
$12.00
+0.1%
$10.60
-11.7%
+184.8%$2.08BN/A0.00146Analyst Forecast
Gap Up
PRM
Perimeter Solutions
1.1602 of 5 stars
$13.42
+1.1%
$14.50
+8.0%
+226.5%$1.96B$322.11M0.00240
TROX
Tronox
4.268 of 5 stars
$11.68
+0.9%
$18.00
+54.1%
-8.1%$1.84B$2.85B0.006,500Positive News
NGVT
Ingevity
2.5698 of 5 stars
$46.22
+0.5%
$52.17
+12.9%
+15.0%$1.68B$1.69B0.001,700Positive News
UAN
CVR Partners
3.015 of 5 stars
$71.69
+0.6%
N/A-2.6%$1.23B$681.48M14.42310Insider Trade
Positive News
ECVT
Ecovyst
3.935 of 5 stars
$8.00
-1.4%
$10.50
+31.3%
-17.9%$932.08M$691.10M17.39880
WLKP
Westlake Chemical Partners
3.4988 of 5 stars
$22.71
+0.5%
N/A+2.9%$800.30M$1.19B12.98150High Trading Volume
VHI
Valhi
0.9687 of 5 stars
$26.52
+1.6%
$20.00
-24.6%
+98.7%$750.52M$1.92B8.502,196

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This page (NYSE:ASIX) was last updated on 11/21/2024 by MarketBeat.com Staff
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