AdvanSixASIX
About: AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets, and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.
Employees: 1,450
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $559K | Put options by funds: $355K
47% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 34
33% more capital invested
Capital invested by funds: $533M [Q2] → $708M (+$175M) [Q3]
6% more funds holding
Funds holding: 260 [Q2] → 276 (+16) [Q3]
0.59% more ownership
Funds ownership: 86.78% [Q2] → 87.37% (+0.59%) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 72
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Charles Neivert 40% 1-year accuracy 14 / 35 met price target | 39%upside $39 | Overweight Maintained | 8 Nov 2024 |
Financial journalist opinion
