company background image
ACNT logo

Ascent Industries NasdaqGM:ACNT Stock Report

Last Price

US$9.85

Market Cap

US$99.7m

7D

-7.8%

1Y

2.9%

Updated

18 Apr, 2024

Data

Company Financials +

Ascent Industries Co.

NasdaqGM:ACNT Stock Report

Market Cap: US$99.7m

ACNT Stock Overview

Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally.

ACNT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Ascent Industries Co. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ascent Industries
Historical stock prices
Current Share PriceUS$9.85
52 Week HighUS$11.19
52 Week LowUS$7.20
Beta0.71
1 Month Change-7.08%
3 Month Change-7.94%
1 Year Change2.93%
3 Year Change-1.79%
5 Year Change-42.06%
Change since IPO-19.41%

Recent News & Updates

Ascent Industries: Operations Are Improving Again

Feb 17

Ascent Industries Co.'s (NASDAQ:ACNT) Prospects Need A Boost To Lift Shares

Dec 28
Ascent Industries Co.'s (NASDAQ:ACNT) Prospects Need A Boost To Lift Shares

Recent updates

Ascent Industries: Operations Are Improving Again

Feb 17

Ascent Industries Co.'s (NASDAQ:ACNT) Prospects Need A Boost To Lift Shares

Dec 28
Ascent Industries Co.'s (NASDAQ:ACNT) Prospects Need A Boost To Lift Shares

Ascent Industries (NASDAQ:ACNT) Has Debt But No Earnings; Should You Worry?

Sep 08
Ascent Industries (NASDAQ:ACNT) Has Debt But No Earnings; Should You Worry?

We Think Ascent Industries (NASDAQ:ACNT) Is Taking Some Risk With Its Debt

Apr 15
We Think Ascent Industries (NASDAQ:ACNT) Is Taking Some Risk With Its Debt

Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?

Jan 12
Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?

Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?

Sep 07
Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?

Synalloy GAAP EPS of $1.06, revenue of $116.2M

Aug 09

Is Synalloy (NASDAQ:SYNL) A Risky Investment?

May 18
Is Synalloy (NASDAQ:SYNL) A Risky Investment?

Shareholders Will Be Pleased With The Quality of Synalloy's (NASDAQ:SYNL) Earnings

Nov 16
Shareholders Will Be Pleased With The Quality of Synalloy's (NASDAQ:SYNL) Earnings

Synalloy reports Q1 results

May 10

Synalloy reports Q3 results

Nov 09

Shareholder Returns

ACNTUS Metals and MiningUS Market
7D-7.8%-2.0%-3.7%
1Y2.9%15.3%20.2%

Return vs Industry: ACNT underperformed the US Metals and Mining industry which returned 15.2% over the past year.

Return vs Market: ACNT underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is ACNT's price volatile compared to industry and market?
ACNT volatility
ACNT Average Weekly Movement5.0%
Metals and Mining Industry Average Movement8.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ACNT has not had significant price volatility in the past 3 months.

Volatility Over Time: ACNT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945516J. Kitchenwww.ascentco.com

Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries.

Ascent Industries Co. Fundamentals Summary

How do Ascent Industries's earnings and revenue compare to its market cap?
ACNT fundamental statistics
Market capUS$99.73m
Earnings (TTM)-US$34.15m
Revenue (TTM)US$193.18m

0.5x

P/S Ratio

-2.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACNT income statement (TTM)
RevenueUS$193.18m
Cost of RevenueUS$191.65m
Gross ProfitUS$1.53m
Other ExpensesUS$35.68m
Earnings-US$34.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-3.37
Gross Margin0.79%
Net Profit Margin-17.68%
Debt/Equity Ratio0.3%

How did ACNT perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.