Ascent Industries Co. (ACNT)
NASDAQ: ACNT · IEX Real-Time Price · USD
9.56
+0.05 (0.53%)
At close: Dec 29, 2023, 4:00 PM
9.35
-0.21 (-2.20%)
After-hours: Dec 29, 2023, 7:59 PM EST
Ascent Industries Co. Stock Forecast
Stock Price Forecast
According to 1 stock analyst, the 12-month stock price forecast for ACNT stock stock is $20, which predicts an increase of 109.21%. On average, analysts rate ACNT stock stock as a strong buy.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 2, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for ACNT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 |
|---|---|---|
| Strong Buy | 1 | 1 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +109.21% | Jun 2, 2023 |
Financial Forecast
Revenue This Year
267.95M
from 414.15M
Decreased by -35.30%
Revenue Next Year
284.89M
from 267.95M
Increased by 6.32%
EPS This Year
-2.26
from 2.12
EPS Next Year
0.89
from -2.26
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 275.8M | 293.3M |
| Avg | 268.0M | 284.9M |
| Low | 257.5M | 273.7M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | -33.4% | 9.4% |
| Avg | -35.3% | 6.3% |
| Low | -37.8% | 2.1% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -2.33 | 0.91 |
| Avg | -2.26 | 0.89 |
| Low | -2.18 | 0.85 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.