Ascent Industries Co. (ACNT)
$
12.87
-0.07 (-0.54%)
Key metrics
Financial statements
Free cash flow per share
1.3730
Market cap
135.3 Million
Price to sales ratio
0.8534
Debt to equity
0.3562
Current ratio
2.9517
Income quality
-1.4732
Average inventory
25.8 Million
ROE
-0.1093
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Ascent Industries Co., formerly known as Synalloy Corporation and founded in 1945, is an industrial company based in Oak Brook, Illinois, that specializes in the production and distribution of industrial tubular products and specialty chemicals both domestically and internationally. The company manufactures welded pipes and tubes chiefly from stainless steel, duplex, and nickel alloys, along with galvanized carbon tubes and associated stainless pipe products. It also produces ornamental stainless-steel tubes for various sectors, including automotive, commercial transportation, marine, food services, construction, furniture, and healthcare. Ascent Industries Co. offers fiberglass and steel storage tanks tailored for industries such as oil and gas, wastewater treatment, and municipal water supply. Additionally, it distributes hot finish, seamless, carbon steel pipes, and tubes employed in mechanical and high-pressure applications across oil and gas, heavy industrial, construction equipment, chemical, and other sectors. Moreover, the company manufactures defoamers, surfactants, and lubricating agents utilized by end users across different applications, including agrochemical, paper, metalworking, coatings, water treatment, paint, mining, and janitorial sectors. The company also engages in contract manufacturing and operates a multi-purpose plant capable of processing diverse materials, including flammable solvents, viscous liquids, and granular solids. The financial data pertains to the fiscal year 2024 with the company reporting depreciation and amortization expenses of $7,424,000.00 reflecting the wear and tear of its assets. Ascent Industries Co. recorded an operating income of -$4,472,000.00 showing earnings from its core operations, while total costs and expenses amounted to $182,344,000.00 indicating its overall spending. The weighted average number of diluted shares outstanding is 10,106,000.00 reflecting potential dilution effects. The stock is affordable at $12.94 making it an attractive option for budget-conscious investors. Additionally, the stock has a low average trading volume of 104,778.00 suggesting lower market activity. With a market capitalization of $135,255,978.00 the company is classified as a small-cap player. Ascent Industries Co. is a key player in the Steel industry, contributing significantly to the overall market landscape while belonging to the Basic Materials sector, which drives innovation and growth.
Is Ascent Industries Co. (ACNT) a good investment?
Investing in Ascent Industries Co. (ACNT) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C+, with a Bullish outlook. Always conduct your own research before investing.
What is Ascent Industries Co. (ACNT)'s stock forecast?
Analysts predict Ascent Industries Co. stock to fluctuate between $8.16 (low) and $13.70 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Ascent Industries Co.'s market capitalization?
As of 2025-07-11, Ascent Industries Co.'s market cap is $135,255,978, based on 10,509,400 outstanding shares.
How does Ascent Industries Co. compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, Ascent Industries Co. has a Lower Market-Cap, indicating a difference in performance.
Does Ascent Industries Co. pay dividends?
Ascent Industries Co. pays dividends. The current dividend yield is 1.54%, with a payout of $0.25 per share.
How can I buy Ascent Industries Co. (ACNT) stock?
To buy Ascent Industries Co. (ACNT) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ACNT. Place an order (Market, Limit, etc.).
What is the best time to invest in Ascent Industries Co.?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Has Ascent Industries Co. stock ever split?
Ascent Industries Co.'s last stock split was 3:2 on 1995-06-13.
How did Ascent Industries Co. perform in the last earnings report?
Revenue: $177,872,000 | EPS: -$1.35 | Growth: -48.67%.
Where can I find Ascent Industries Co.'s investor relations reports?
Visit https://www.ascentco.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Ascent Industries Co.?
You can explore historical data from here
What is the all-time high and low for Ascent Industries Co. stock?
All-time high: $18 (2022-08-16) | All-time low: $7.20 (2023-12-15).
What are the key trends affecting Ascent Industries Co. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
businesswire.com
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a company focused on the production and distribution of specialty chemicals, today announced that it has entered into an Asset Purchase Agreement (the “Purchase Agreement”) to sell substantially all of the assets related to American Stainless Tubing, LLC (“ASTI”), a North Carolina-based manufacturer of ornamental stainless-steel tubing, to First Tube, LLC, a wholly owned subsidiary of Triple-S S.
seekingalpha.com
Ascent Industries Co. (BKNG) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Ralf Esper - Investor Relations Bryan Kitchen - Chief Executive Officer Ryan Kavalauskas - Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to Ascent Industries Q1 2025 Earnings Call. Today's speaker are CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's on-site Investor Relations adviser, Ralf Esper.
businesswire.com
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will attend the American Fuel & Petrochemical Manufacturers (AFPM) Annual Meeting in San Antonio, Texas, from March 23-25, 2025. The Company will highlight its robust portfolio of oil & gas performance additives and its commitment to delivering reliable, U.S.-based chemical manufacturi.
seekingalpha.com
ACNT is rated as a HOLD due to its potential benefits from Trump tariffs but requires evidence of improved performance in a changing market. The firm has solid financial health, limited debt, and efficient capital deployment but faces challenges with declining steel tube sales and small scale operations. ACNT's valuation is in line with industry peers, but its smaller scale and customer concentration risks warrant caution before investing.
seekingalpha.com
Ascent Industries Co. (NASDAQ:ACNT ) Q4 2024 Earnings Conference Call March 4, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman Bryan Kitchen - CEO Ryan Kavalauskas - CFO Conference Call Participants Operator Good afternoon everyone and thank you for participating in today's conference call to discuss Ascent's Financial Results for the Fourth Quarter and Full Year ended December 31st, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig; CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's outside Investor Relations Adviser, Cody Cree.
businesswire.com
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, announced today the launch of its Household, Industrial, and Institutional (HI&I) Cleaning Ingredients Portfolio. The comprehensive range of engineered solutions delivers exceptional cleaning performance while prioritizing sustainability, reflecting Ascent's commitment to “Innovating Clean.
seekingalpha.com
Ascent Industries Co. (NASDAQ:ACNT ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman of the Board Bryan Kitchen - Chief Executive Officer Ryan Kavalauskas - Chief Financial Officer Conference Call Participants Operator Good afternoon everyone and thank you for participating in today's conference call to discuss Ascent's financial results for the third quarter ended September 30th, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig; CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's outside Investor Relations Adviser, Cody Cree.
businesswire.com
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call,.
businesswire.com
DULUTH, Ga.--(BUSINESS WIRE)--National Vision, Inc., one of the largest optical retail companies in the U.S., released its 2023 Sustainability Report, “A World Worth Seeing.” The report reflects continued progress across its Social, Employees, Environment and Governance (SEE+G) framework. “In 2023, National Vision helped nearly 10 million people see better and live better. Our success as a business is deeply intertwined with our commitment to improving lives through accessible and affordable ey.
seekingalpha.com
Ascent Industries Co. (NASDAQ:ACNT ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman of the Board Bryan Kitchen - CEO Ryan Kavalauskas - CFO Conference Call Participants Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Ascent's Financial Results for the Second Quarter ending June 30, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig, CEO, Brian Kitchen, CFO, Brian Kavaloskis, and the company's Outside Investor Relations Advisor, Cody Cree.
See all news
