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Ascent Industries (ACNT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ACNT Stock Forecast

Ascent Industries (ACNT) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $18.00, with a high of $18.00 and a low of $18.00. This represents a 41.18% increase from the last price of $12.75.

$9 $10 $11 $12 $13 $14 $15 $16 $17 $18 High: $18 Avg: $18 Low: $18 Last Closed Price: $12.75

ACNT Stock Rating

Ascent Industries stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (75.00%), 1 Hold (25.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 1 3 Strong Sell Sell Hold Buy Strong Buy

ACNT Price Target Upside V Benchmarks

TypeNameUpside
StockAscent Industries41.18%
SectorBasic Materials Stocks 11.57%
IndustrySteel Stocks List18.62%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$12.75$12.75$12.75
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Nov, 241----1
Oct, 241----1
Sep, 241----1
Aug, 241----1
Jul, 241----1
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 09, 2024Vincent AndersonStifel Nicolaus$18.00$10.1577.34%41.18%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change

Financial Forecast

EPS Forecast

Dec 23 Dec 24 Dec 25
Dec 23Dec 24Dec 25
Reported$-2.63$-1.35-
Avg Forecast$-2.22$-0.52$0.83
High Forecast$-2.22$-0.52$0.83
Low Forecast$-2.22$-0.52$0.83
Surprise %18.47%159.62%-

Revenue Forecast

$175M $193M $211M $229M $247M $265M Dec 23 Dec 24 Dec 25
Dec 23Dec 24Dec 25
Reported$193.18M$177.87M-
Avg Forecast$262.70M$200.40M$214.00M
High Forecast$262.70M$200.40M$214.00M
Low Forecast$262.70M$200.40M$214.00M
Surprise %-26.46%-11.24%-

Net Income Forecast

$-35M $-26M $-17M $-8M $1M $10M Dec 23 Dec 24 Dec 25
Dec 23Dec 24Dec 25
Reported$-34.15M$-13.60M-
Avg Forecast$-22.51M$-5.27M$8.42M
High Forecast$-22.51M$-5.27M$8.42M
Low Forecast$-22.51M$-5.27M$8.42M
Surprise %51.71%157.89%-

ACNT Forecast FAQ

Is Ascent Industries stock a buy?

Ascent Industries stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Ascent Industries is a favorable investment for most analysts.

What is Ascent Industries's price target?

Ascent Industries's price target, set by 4 Wall Street analysts, averages $18 over the next 12 months. The price target range spans from $18 at the low end to $18 at the high end, suggesting a potential 41.18% change from the previous closing price of $12.75.

How does Ascent Industries stock forecast compare to its benchmarks?

Ascent Industries's stock forecast shows a 41.18% upside, outperforming the average forecast for the basic materials stocks sector (11.57%) and outperforming the steel stocks list industry (18.62%).

What is the breakdown of analyst ratings for Ascent Industries over the past three months?

  • November 2024: 100.00% Strong Buy, 0% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • October 2024: 100.00% Strong Buy, 0% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • September 2024: 100.00% Strong Buy, 0% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Ascent Industries’s EPS forecast?

Ascent Industries's average annual EPS forecast for its fiscal year ending in December 2025 is $0.83, marking a -161.48% decrease from the reported $-1.35 in 2024..

What is Ascent Industries’s revenue forecast?

Ascent Industries's average annual revenue forecast for its fiscal year ending in December 2025 is $214M, reflecting a 20.31% increase from the reported $177.87M in 2024.

What is Ascent Industries’s net income forecast?

Ascent Industries's net income forecast for the fiscal year ending in December 2025 stands at $8.42M, representing a -161.89% decrease from the reported $-13.598M in 2024.