Ascent Industries Co. (ACNT)
NASDAQ: ACNT · IEX Real-Time Price · USD
10.37
+0.15 (1.47%)
At close: Apr 25, 2024, 3:57 PM
10.36
-0.01 (-0.10%)
After-hours: Apr 25, 2024, 4:00 PM EDT
Ascent Industries Co. Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for ACNT stock has a target of 20, which predicts an increase of 92.86% from the current stock price of 10.37.
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 | Jun '23 |
|---|---|
| Strong Buy | 1 |
| Buy | 0 |
| Hold | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +92.86% | Jun 2, 2023 |
Financial Forecast
Revenue This Year
200.02M
from 193.18M
Increased by 3.54%
Revenue Next Year
213.38M
from 200.02M
Increased by 6.68%
EPS This Year
-0.15
from -2.63
EPS Next Year
0.72
from -0.15
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 205.9M | 219.7M |
| Avg | 200.0M | 213.4M |
| Low | 192.2M | 205.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 6.6% | 9.8% |
| Avg | 3.5% | 6.7% |
| Low | -0.5% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.16 | 0.75 |
| Avg | -0.15 | 0.72 |
| Low | -0.15 | 0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.