Ratings Ascent Industries Co.

Equities

ACNT

US8715651076

Market Closed - Nasdaq Other stock markets 16:30:00 2024-05-10 EDT			5-day change	1st Jan Change
10.24 ^USD	+0.85%		+1.35%	+7.08%

05-08	Ascent Industries Co. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
05-08	Transcript : Ascent Industries Co., Q1 2024 Earnings Call, May 08, 2024

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.
The company's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

Strengths

Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
Low profitability weakens the company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Iron & Steel

	1st Jan change	Capi.	ESG Refinitiv
ASCENT INDUSTRIES CO.	+7.08%	104M	D
NUCOR CORPORATION	+0.25%	41.83B	B-
TATA STEEL LIMITED	+16.38%	24.26B	C+
POSCO HOLDINGS INC.	-19.72%	22.22B	B
STEEL DYNAMICS, INC.	+14.46%	21.35B	B
ARCELORMITTAL	-6.99%	21.07B	C+
NIPPON STEEL CORPORATION	+2.48%	19.56B	B
JFE HOLDINGS, INC.	+5.78%	9.44B	B
UNITED STATES STEEL CORPORATION	-21.85%	8.55B	B
CLEVELAND-CLIFFS INC.	-15.18%	8.24B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes