Stifel initiated coverage on Ascent Industries with a new price target
$ACNT
Steel/Iron Ore
Industrials
Stifel initiated coverage of Ascent Industries with a rating of Buy and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/2/2023 | $20.00 | Buy | Stifel |
SC 13G/A - ASCENT INDUSTRIES CO. (0000095953) (Subject)
SC 13D/A - ASCENT INDUSTRIES CO. (0000095953) (Subject)
SC 13G - ASCENT INDUSTRIES CO. (0000095953) (Subject)
8-K - ASCENT INDUSTRIES CO. (0000095953) (Filer)
8-K - ASCENT INDUSTRIES CO. (0000095953) (Filer)
10-Q - ASCENT INDUSTRIES CO. (0000095953) (Filer)
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3 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)
4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. ("Wes") Johnson as president of Ascent Tubular, effective December 4, 2023. Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies. Most recently, he served as the senior vice president and global general manager of Corrpro, a subsidiary of Aegion Corporation that offers total corrosion solutions to the energy, Department of Defense, municipal, and marine markets. While at Corrpro, Mr. Johnso
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed J. Bryan Kitchen as president of Ascent Chemicals, effective September 18, 2023. Mr. Kitchen joins Ascent with nearly two decades of senior leadership experience in the chemicals industry, having held management roles for several global industry leaders. Most recently, he served as president, CEO and chairman of the board for Clearon Corp., a leading specialty chemicals manufacturer of essential sanitizers and disinfectants for household, industrial, institutional and water treatment applica
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, today announced the appointment of Bill Steckel as chief financial officer, effective today. He succeeds Aaron Tam, who has resigned as CFO. Mr. Steckel brings to Ascent more than two decades of extensive experience in operational finance, financial planning and analysis and treasury across a wide range of industries, as well as expertise in capital markets and M&A. Prior to joining Ascent, he spent over five years in multiple CFO assignments for manufacturing, distribution and technology companies. Durin
4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)
4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)
4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, March 4, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, March 4, 2025 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live
Ascent Industries Co. (NASDAQ:ACNT)("Ascent" or the "Company"), an industrial company focused on the production of specialty chemicals and industrial tubular products, is set to sponsor and exhibit at the 2025 SOCMA (Society of Chemical Manufacturers and Affiliates) Show in Nashville, Tennessee, from February 19–21. As an active member of SOCMA, Ascent has the privilege of kicking off the event at Tuesday evening's Welcome Reception, setting the stage for the week's discussions on the future of specialty chemical manufacturing. With increasing demand for localized production, Ascent continues to invest in innovative solutions that enhance supply chain security and advance sustainability in
Ascent Industries Co. (NASDAQ:ACNT) today announced that its Board of Directors authorized an expanded and extended stock repurchase program under which up to 1,000,000 shares, approximately 10% of its outstanding common stock, may be acquired in the open market over the next 24 months at the discretion of management. Bryan Kitchen, President and CEO, said, "Share repurchases are a key part of our capital allocation strategy. The Board's expanded authorization is particularly timely given that we believe our shares' current valuation substantially undervalues the Company based on our momentum, organic growth runway, and strengthening balance sheet. At our current valuation, repurchasing ou
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, March 4, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, March 4, 2025 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the third quarter ended September 30, 2024. Third Quarter 2024 Summary1 (in millions, except per share and margin) Q3 2024 Q3 2023 Change Net Sales $42.9 $46.7 (8.2)% Gross Profit $6.5 $3.0 116.5% Gross Profit Margin 15.1% 6.4% 870bps Net (Loss) $(7.0) $(14.7) (52.2)% Diluted (Loss) per Share $(0.69) $(1.45) (52.4)% Adj
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, followed by a question and answer period. Date: Tuesday, November 12, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call
Stifel initiated coverage of Ascent Industries with a rating of Buy and set a new price target of $20.00