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Ascent Industries (ACNT) Stock Forecast, Price Target & Predictions

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ACNT Stock Forecast

Ascent Industries stock forecast is as follows: an average price target of $18.00 (represents a 63.49% upside from ACNT’s last price of $11.01) and

ACNT Price Target

Ascent Industries Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 09, 2024Vincent AndersonStifel Nicolaus$18.00$10.1577.34%63.49%

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 63.49% increase from ACNT last price ($11.01).

Ascent Industries Price Target by Period

1M3M12M
# Anlaysts--1
Avg Price Target--$18.00
Last Closing Price$11.01$11.01$11.01
Upside/Downside-100.00%-100.00%63.49%

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 $11.01. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 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
# Analysts11111111111
Surprise %--------0.65%0.91%0.78%

Ascent Industries's average Quarter revenue forecast for Mar 24 based on 1 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
# Analysts11111111111
EBITDA--------$40.41M$-12.77M$-3.75M
Avg Forecast$-170.56K$-207.18K$-198.46K$-170.56K$-161.84K$-195.67K$-187.65K$-138.82K$-221.49K$-215.90K$-271.36K
High Forecast$-170.56K$-207.18K$-198.46K$-170.56K$-161.84K$-195.67K$-187.65K$-138.82K$-221.49K$-215.90K$-271.36K
Low Forecast$-170.56K$-207.18K$-198.46K$-170.56K$-161.84K$-195.67K$-187.65K$-138.82K$-221.49K$-215.90K$-271.36K
Surprise %---------182.47%59.13%13.83%

1 analysts predict ACNT's average Quarter EBITDA for Mar 24 to be $-138.82K, with a high of $-138.82K and a low of $-138.82K. This is -100.34% lower than Ascent Industries's previous annual EBITDA (Dec 23) of $40.41M.

Ascent Industries Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
# Analysts11111111111
Net Income--------$11.14M$-17.93M$-14.64M
Avg Forecast$1.62M$2.93M$2.73M$1.21M$303.42K$707.98K$-2.23M$-3.64M$-809.12K$-1.21M$-3.94M
High Forecast$1.62M$2.93M$2.73M$1.21M$303.42K$707.98K$-2.23M$-3.64M$-809.12K$-1.21M$-3.94M
Low Forecast$1.62M$2.93M$2.73M$1.21M$303.42K$707.98K$-2.23M$-3.64M$-809.12K$-1.21M$-3.94M
Surprise %---------13.77%14.77%3.71%

Ascent Industries's average Quarter net income forecast for Mar 24 is $-3.64M, with a range of $-3.64M to $-3.64M. ACNT's average Quarter net income forecast represents a -132.69% decrease compared to the company's last Quarter net income of $11.14M (Dec 23).

Ascent Industries SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
# Analysts11111111111
SG&A--------$801.00K$7.35M$6.96M
Avg Forecast$5.20M$6.32M$6.05M$5.20M$4.94M$5.97M$5.72M$4.23M$6.75M$6.58M$8.28M
High Forecast$5.20M$6.32M$6.05M$5.20M$4.94M$5.97M$5.72M$4.23M$6.75M$6.58M$8.28M
Low Forecast$5.20M$6.32M$6.05M$5.20M$4.94M$5.97M$5.72M$4.23M$6.75M$6.58M$8.28M
Surprise %--------0.12%1.12%0.84%

Ascent Industries's average Quarter SG&A projection for Mar 24 is $4.23M, based on 1 Wall Street analysts, with a range of $4.23M to $4.23M. The forecast indicates a 428.50% rise compared to ACNT last annual SG&A of $801.00K (Dec 23).

Ascent Industries EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
# Analysts11111111111
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 1 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).

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 63.49% (from the last price of $11.01 to the average price target of $18), up by 63.49% based on the highest stock price target, and up by 63.49% based on the lowest stock price target.

Can Ascent Industries stock reach $20?

ACNT's average twelve months analyst stock price target of $18 does not support the claim that Ascent Industries can reach $20 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 $-684K (high $-684K, low $-684K), average net income is $-4.855M (high $-4.855M, low $-4.855M), average SG&A $20.86M (high $20.86M, low $20.86M), 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 $-747K (high $-747K, low $-747K), average net income is $8.5M (high $8.5M, low $8.5M), average SG&A $22.77M (high $22.77M, low $22.77M), 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, missing the average prediction of $-709K by -26742.22%. The company's net income was $-26.629M, beating the average estimation of $-5.967M by 346.25%. Apple's SG&A was $4.35M, missing the average forecast of $21.61M by -79.86%. 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, missing the average prediction of $-221K by -18347.29%. Ascent Industries's net income was $11.14M, missing the average estimation of $-809K by -1476.68%. The company's SG&A was $801K, missing the average forecast of $6.75M by -88.14%. Lastly, the company's EPS was $1.1, missing the average prediction of $-0.08 by -1475.00%