Ascent Industries (ACNT) Stock Forecast, Price Target & Predictions
ACNT Stock Forecast
Ascent Industries stock forecast is as follows: an average price target of $18.00 (represents a 96.51% upside from ACNT’s last price of $9.16) and
ACNT Price Target
Ascent Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 09, 2024 | Vincent Anderson | Stifel Nicolaus | $18.00 | $10.15 | 77.34% | 96.51% |
The latest Ascent Industries stock forecast, released on May 09, 2024 by Vincent Anderson from Stifel Nicolaus, set a price target of $18.00, which represents a 77.34% increase from the stock price at the time of the forecast ($10.15), and a 96.51% increase from ACNT last price ($9.16).
Ascent Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $18.00 |
| Last Closing Price | $9.16 | $9.16 | $9.16 |
| Upside/Downside | -100.00% | -100.00% | 96.51% |
In the current month, the average price target of Ascent Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ascent Industries's last price of $9.16. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Ascent Industries Financial Forecast
Ascent Industries Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $41.22M | $56.11M | $60.66M |
| Avg Forecast | $48.90M | $59.40M | $56.90M | $48.90M | $46.40M | $56.10M | $53.80M | $39.80M | $63.50M | $61.90M | $77.80M |
| High Forecast | $48.90M | $59.40M | $56.90M | $48.90M | $46.40M | $56.10M | $53.80M | $39.80M | $63.50M | $61.90M | $77.80M |
| Low Forecast | $48.90M | $59.40M | $56.90M | $48.90M | $46.40M | $56.10M | $53.80M | $39.80M | $63.50M | $61.90M | $77.80M |
| # Analysts | - | - | - | - | - | - | 1 | - | 1 | - | - |
| Surprise % | - | - | - | - | - | - | - | - | 0.65% | 0.91% | 0.78% |
Ascent Industries's average Quarter revenue forecast for Mar 24 based on 0 analysts is $39.80M, with a low forecast of $39.80M, and a high forecast of $39.80M. ACNT's average Quarter revenue forecast represents a -3.44% decrease compared to the company's last Quarter revenue of $41.22M (Dec 23).
Ascent Industries EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | 1 | - | 1 | - | - |
| EBITDA | - | - | - | - | - | - | - | - | $40.41M | $-12.77M | $-3.75M |
| Avg Forecast | $264.07K | $320.78K | $307.27K | $264.07K | $250.57K | $302.95K | $290.54K | $214.93K | $342.92K | $334.28K | $420.14K |
| High Forecast | $264.07K | $320.78K | $307.27K | $264.07K | $250.57K | $302.95K | $290.54K | $214.93K | $342.92K | $334.28K | $420.14K |
| Low Forecast | $264.07K | $320.78K | $307.27K | $264.07K | $250.57K | $302.95K | $290.54K | $214.93K | $342.92K | $334.28K | $420.14K |
| Surprise % | - | - | - | - | - | - | - | - | 117.86% | -38.19% | -8.93% |
0 analysts predict ACNT's average Quarter EBITDA for Mar 24 to be $214.93K, with a high of $214.93K and a low of $214.93K. This is -99.47% lower than Ascent Industries's previous annual EBITDA (Dec 23) of $40.41M.
Ascent Industries Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | 1 | - | 1 | - | - |
| Net Income | - | - | - | - | - | - | - | - | $11.14M | $-17.93M | $-14.64M |
| Avg Forecast | $1.62M | $2.94M | $2.73M | $1.22M | $303.78K | $708.82K | $-2.23M | $-3.65M | $-810.08K | $-1.22M | $-3.95M |
| High Forecast | $1.62M | $2.94M | $2.73M | $1.22M | $303.78K | $708.82K | $-2.23M | $-3.65M | $-810.08K | $-1.22M | $-3.95M |
| Low Forecast | $1.62M | $2.94M | $2.73M | $1.22M | $303.78K | $708.82K | $-2.23M | $-3.65M | $-810.08K | $-1.22M | $-3.95M |
| Surprise % | - | - | - | - | - | - | - | - | -13.75% | 14.76% | 3.71% |
Ascent Industries's average Quarter net income forecast for Mar 24 is $-3.65M, with a range of $-3.65M to $-3.65M. ACNT's average Quarter net income forecast represents a -132.73% decrease compared to the company's last Quarter net income of $11.14M (Dec 23).
Ascent Industries SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | 1 | - | 1 | - | - |
| SG&A | - | - | - | - | - | - | - | - | $801.00K | $7.35M | $6.96M |
| Avg Forecast | $5.18M | $6.29M | $6.03M | $5.18M | $4.92M | $5.94M | $5.70M | $4.22M | $6.73M | $6.56M | $8.24M |
| High Forecast | $5.18M | $6.29M | $6.03M | $5.18M | $4.92M | $5.94M | $5.70M | $4.22M | $6.73M | $6.56M | $8.24M |
| Low Forecast | $5.18M | $6.29M | $6.03M | $5.18M | $4.92M | $5.94M | $5.70M | $4.22M | $6.73M | $6.56M | $8.24M |
| Surprise % | - | - | - | - | - | - | - | - | 0.12% | 1.12% | 0.84% |
Ascent Industries's average Quarter SG&A projection for Mar 24 is $4.22M, based on 0 Wall Street analysts, with a range of $4.22M to $4.22M. The forecast indicates a 426.45% rise compared to ACNT last annual SG&A of $801.00K (Dec 23).
Ascent Industries EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | 1 | - | 1 | - | - |
| EPS | - | - | - | - | - | - | - | - | $1.10 | $-1.77 | $-1.44 |
| Avg Forecast | $0.16 | $0.29 | $0.27 | $0.12 | $0.03 | $0.07 | $-0.22 | $-0.36 | $-0.08 | $-0.12 | $-0.39 |
| High Forecast | $0.16 | $0.29 | $0.27 | $0.12 | $0.03 | $0.07 | $-0.22 | $-0.36 | $-0.08 | $-0.12 | $-0.39 |
| Low Forecast | $0.16 | $0.29 | $0.27 | $0.12 | $0.03 | $0.07 | $-0.22 | $-0.36 | $-0.08 | $-0.12 | $-0.39 |
| Surprise % | - | - | - | - | - | - | - | - | -13.75% | 14.75% | 3.69% |
According to 0 Wall Street analysts, Ascent Industries's projected average Quarter EPS for Mar 24 is $-0.36, with a low estimate of $-0.36 and a high estimate of $-0.36. This represents a -132.73% decrease compared to ACNT previous annual EPS of $1.10 (Dec 23).
Ascent Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SCHN | Schnitzer Steel Industries | $33.20 | $215.00 | 547.59% | - |
| ACNT | Ascent Industries | $9.16 | $18.00 | 96.51% | - |
ACNT Forecast FAQ
Will Ascent Industries stock go up soon?
According to Wall Street analysts' prediction for ACNT stock, the company can go up by 96.51% (from the last price of $9.16 to the average price target of $18), up by 96.51% based on the highest stock price target, and up by 96.51% based on the lowest stock price target.
Can Ascent Industries stock reach $14?
ACNT's average twelve months analyst stock price target of $18 supports the claim that Ascent Industries can reach $14 in the near future.
What are Ascent Industries's analysts' financial forecasts?
Ascent Industries's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $196.1M (high $196.1M, low $196.1M), average EBITDA is $1.06M (high $1.06M, low $1.06M), average net income is $-4.86M (high $-4.86M, low $-4.86M), average SG&A $20.78M (high $20.78M, low $20.78M), and average EPS is $-0.48 (high $-0.48, low $-0.48). ACNT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $214.1M (high $214.1M, low $214.1M), average EBITDA is $1.16M (high $1.16M, low $1.16M), average net income is $8.51M (high $8.51M, low $8.51M), average SG&A $22.68M (high $22.68M, low $22.68M), and average EPS is $0.84 (high $0.84, low $0.84).
Did the ACNT's actual financial results beat the analysts' financial forecasts?
Based on Ascent Industries's last annual report (Dec 2023), the company's revenue was $193.18M, which missed the average analysts forecast of $203.2M by -4.93%. Apple's EBITDA was $188.83M, beating the average prediction of $1.1M by 17107.78%. The company's net income was $-26.629M, beating the average estimation of $-5.974M by 345.72%. Apple's SG&A was $4.35M, missing the average forecast of $21.53M by -79.79%. Lastly, the company's EPS was $-2.63, beating the average prediction of $-0.59 by 345.76%. In terms of the last quarterly report (Dec 2023), Ascent Industries's revenue was $41.22M, missing the average analysts' forecast of $63.5M by -35.09%. The company's EBITDA was $40.42M, beating the average prediction of $342.92K by 11685.65%. Ascent Industries's net income was $11.14M, missing the average estimation of $-810K by -1475.05%. The company's SG&A was $801K, missing the average forecast of $6.73M by -88.09%. Lastly, the company's EPS was $1.1, missing the average prediction of $-0.08 by -1475.00%