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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 39.43% increase from the last price of $12.91.

$9 $10 $11 $12 $13 $14 $15 $16 $17 $18 High: $18 Avg: $18 Low: $18 Last Closed Price: $12.91

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 Industries39.43%
SectorBasic Materials Stocks 4.84%
IndustrySteel Stocks List11.85%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$12.91$12.91$12.91
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%39.43%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 Dec 23 Dec 24 Dec 25
Dec 23Dec 24Dec 25
Reported$2.63$-1.34$0.09
Avg Forecast$-2.22$-0.52$0.83
High Forecast$-2.22$-0.52$0.83
Low Forecast$-2.22$-0.52$0.83
Surprise %-218.47%157.69%-89.16%

Revenue Forecast

$50M $100M $150M $200M $250M $300M Dec 23 Dec 24 Dec 25
Dec 23Dec 24Dec 25
Reported$193.18M$177.87M$74.94M
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%-64.98%

Net Income Forecast

$-30M $-22M $-14M $-6M $2M $10M Dec 23 Dec 24 Dec 25
Dec 23Dec 24Dec 25
Reported$-26.63M$-13.60M$-5.58M
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 %18.29%157.89%-166.35%

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 39.43% change from the previous closing price of $12.91.

How does Ascent Industries stock forecast compare to its benchmarks?

Ascent Industries's stock forecast shows a 39.43% upside, outperforming the average forecast for the basic materials stocks sector (4.84%) and outperforming the steel stocks list industry (11.85%).

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.