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Avient Corp (AVNT)

NYSE
Currency in USD
51.57
+0.32(+0.62%)
Closed
After Hours
51.570.00(0.00%)
AVNT Scorecard
Full Analysis
Has raised its dividend for 14 consecutive years
Fair Value
Day's Range
50.6351.66
52 wk Range
34.6154.68
Key Statistics
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Prev. Close
51.25
Open
51.35
Day's Range
50.63-51.66
52 wk Range
34.61-54.68
Volume
414.48K
Average Volume (3m)
483.3K
1-Year Change
45.23%
Book Value / Share
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Fair Value
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Fair Value Upside
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AVNT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
56.40
Upside
+9.37%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Avient Corp Company Profile

Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks. Its products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.

Industry
Chemicals
Employees
9300

Avient Corp SWOT Analysis


Strategic Shift
Avient pivots from acquisitions to innovation-driven organic growth, marking a transformative journey under new leadership with promising initial results
Financial Upswing
Q2 2024 results exceed expectations, with raised full-year guidance. Analysts set a $52 price target, reflecting confidence in Avient's new direction
Market Momentum
Explore Avient's above-market growth rates, new business wins, and market share gains, particularly in core regions and high-margin composites segment
Innovation Frontiers
Delve into Avient's focus on high-growth markets, including composites for semiconductors and power distribution, poised to deliver results by late 2024
Read full SWOT analysis

Avient Corp Earnings Call Summary for Q3/2024

  • Q2 sales up 3% YoY to $850M; organic sales grew 5% due to market share gains and inventory restocking
  • Adjusted EBITDA margin improved to 16.9%; adjusted EPS up 21% to $0.76
  • Full-year adjusted EBITDA guidance raised to $515M-$540M; EPS forecast at $2.55-$2.70, up 8-14% YoY
  • Challenges in telecom and energy markets; growth expected in packaging, consumer, and healthcare sectors
  • Focus on sustainability with reduced emissions; Investor Day scheduled for December 4th in NYC
Last Updated: 2024/08/07, 00:32
Read Full Transcript

Compare AVNT to Peers and Sector

Metrics to compare
AVNT
Peers
Sector
Relationship
P/E Ratio
31.6x14.8x−0.1x
PEG Ratio
−0.420.010.00
Price/Book
2.0x1.2x1.6x
Price / LTM Sales
1.5x0.5x1.3x
Upside (Analyst Target)
7.3%12.5%28.2%
Fair Value Upside
Unlock16.6%1.8%Unlock

Analysts' Recommendations

4 Buy
3 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 56.40

(+9.37% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.64
Dividend Yield
2.11%
Industry Median 1.58%
Annualised payout
1.0800
Paid quarterly
5-Years Growth
+5.72%
Growth Streak

FAQ

What Is the Avient Corp (AVNT) Stock Price Today?

The Avient Corp stock price today is 51.57

What Stock Exchange Does Avient Corp Trade On?

Avient Corp is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Avient Corp?

The stock symbol for Avient Corp is "AVNT."

Does Avient Corp Pay Dividends? What’s The Current Dividend Yield?

The Avient Corp dividend yield is 2.09%.

What Is the Avient Corp Market Cap?

As of today, Avient Corp market cap is 4.71B.

What is Avient Corp Earnings Per Share?

The Avient Corp EPS is 1.64.

What Is the Next Avient Corp Earnings Date?

Avient Corp will release its next earnings report on 03 Feb 2025.

From a Technical Analysis Perspective, Is AVNT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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