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Avient Corporation (AVNT)
:AVNT
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AVNT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$35.58 - $54.68
Previous CloseN/A
Volume74.72K
Average Volume (3M)593.60K
Market Cap
$3.79B
Enterprise Value$6.22B
Total Cash (Recent Filing)$225.50M
Total Debt (Recent Filing)$1.24B
Price to Earnings (P/E)25.5
Beta1.58
Next Earnings
Feb 13, 2025EPS Estimate
0.49Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.51%
Share Statistics
EPS (TTM)1.63
Shares Outstanding91,364,440
10 Day Avg. Volume517,832
30 Day Avg. Volume593,600
Standard Deviation0.11
R-Squared0.49
Alpha-0.00681
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.18
Price to Cash Flow (P/CF)13.30
P/FCF Ratio20.60
Enterprise Value/Market Cap1.64
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit6.97
Enterprise Value/Ebitda19.38
Forecast
1Y Price Target
$59.50Price Target Upside43.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Avient News
PremiumCompany Announcements
Avient Corporation Reports Strong Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
End-Market DemandSome positive signs are appearing in end-markets, with solid demand noted in healthcare, energy, defense, and improving construction demand.
Growth StrategyAVNT's strategy focuses on organic growth and margin expansion, positioning it as a steady small cap growth story.
Valuation And Risk/RewardAVNT's risk/reward profile is considered attractive both in the near and longer term, with a favorable valuation outlook.
Bears Say
Foreign ExchangeThere are expectations for foreign exchange-related headwinds affecting the company's performance.
Macroeconomic ConditionsThe updated forecast reflects expectations for a slower than previously expected macroeconomic backdrop in 2025.
TaxationA higher than previously modeled tax rate is anticipated, impacting financial estimates.
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Ownership Overview
0.78% Insiders
38.46% Mutual Funds
0.69% Other Institutional Investors
32.78% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AVNT FAQ
What was Avient Corporation’s price range in the past 12 months?
Avient Corporation lowest stock price was $35.58 and its highest was $54.68 in the past 12 months.
What is Avient Corporation’s market cap?
Avient Corporation’s market cap is $3.79B.
When is Avient Corporation’s upcoming earnings report date?
Avient Corporation’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
How were Avient Corporation’s earnings last quarter?
Avient Corporation released its earnings results on Oct 31, 2024. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.626 by $0.024.
Is Avient Corporation overvalued?
According to Wall Street analysts Avient Corporation’s price is currently Undervalued.
Does Avient Corporation pay dividends?
Avient Corporation pays a Quarterly dividend of $1.041 which represents an annual dividend yield of 2.51%. See more information on Avient Corporation dividends here
What is Avient Corporation’s EPS estimate?
Avient Corporation’s EPS estimate is 0.49.
How many shares outstanding does Avient Corporation have?
Avient Corporation has 91,364,440 shares outstanding.
What happened to Avient Corporation’s price movement after its last earnings report?
Avient Corporation reported an EPS of $0.65 in its last earnings report, beating expectations of $0.626. Following the earnings report the stock price went down -3.938%.
Which hedge fund is a major shareholder of Avient Corporation?
Among the largest hedge funds holding Avient Corporation’s share is P2 Capital Partners, Llc. It holds Avient Corporation’s shares valued at 53M.
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Avient Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$59.50 (43.27% Upside)
$59.50 (43.27% Upside)
Hedge Fund Trend
Increased
By 205.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $296.4K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
18.28%
12-Months-Change
Fundamentals
Return on Equity
6.42%
Trailing 12-Months
Asset Growth
4.45%
Trailing 12-Months
Company Description
Avient Corporation
PolyOne Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers and silicone colorants. It operates through the following segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, speciality inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The Distribution segment distributes engineering and commodity grade resins, including PolyOne-produced solutions, principally to the North American, Central American, and Asian markets. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.
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AVNT Company Deck
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AVNT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Avient's Q3 2024 earnings call highlighted strong organic sales growth and increased profitability, with notable regional performance in Latin America and the U.S. However, challenges persist in the telecom and transportation markets, compounded by economic sluggishness in the Eurozone and compensation-related headwinds.Read More>---
AVNT Sales Breakdown
63.87% Color, Additives and Inks
36.22% Specialty Engineered Materials
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AVNT Stock 12 Month Forecast
Average Price Target
$59.50
▲(43.27% Upside)
Technical Analysis
Best Analysts Covering AVNT
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+2.54%
reiterated a buy rating last month
Copying Laurence Alexander's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +2.54% per trade.
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