Avient Corporation (AVNT)

NYSE: AVNT · IEX Real-Time Price · USD
46.06
+0.40 (0.88%)
May 17, 2024, 4:00 PM EDT - Market closed
0.88%
Market Cap 4.21B
Revenue (ttm) 3.13B
Net Income (ttm) 105.20M
Shares Out 91.26M
EPS (ttm) 1.16
PE Ratio 39.71
Forward PE 17.19
Dividend $1.03 (2.24%)
Ex-Dividend Date Jun 21, 2024
Volume 285,277
Open 45.84
Previous Close 45.66
Day's Range 45.71 - 46.36
52-Week Range 27.73 - 47.87
Beta 1.54
Analysts Buy
Price Target 46.20 (+0.3%)
Earnings Date May 7, 2024

About AVNT

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 produ... [Read more]

Sector Materials
IPO Date Apr 29, 1993
Employees 9,300
Stock Exchange NYSE
Ticker Symbol AVNT
Full Company Profile

Financial Performance

In 2023, Avient's revenue was $3.14 billion, a decrease of -7.48% compared to the previous year's $3.40 billion. Earnings were $75.70 million, a decrease of -89.23%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for AVNT stock is "Buy." The 12-month stock price forecast is $46.2, which is an increase of 0.30% from the latest price.

Price Target
$46.2
(0.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Avient Announces Quarterly Dividend

CLEVELAND , May 16, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash...

2 days ago - PRNewsWire

Avient Announces First Quarter 2024 Results

First quarter GAAP EPS from continuing operations of $0.54 compared to $0.23 in the prior year quarter First quarter adjusted EPS of $0.76 exceeded guidance of $0.68 primarily as a result of better-th...

11 days ago - PRNewsWire

Avient To Hold First Quarter 2024 Conference Call

CLEVELAND , April 3, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its first quarter 2024 earnings bef...

6 weeks ago - PRNewsWire

Avient Announces Fourth Quarter and Full Year 2023 Results

Fourth quarter and full year GAAP EPS of $0.30 and $0.83 compared to $(0.19) and $0.90 from continuing operations in the prior year  Fourth quarter and full year adjusted EPS of $0.52 and $2.36 exceed...

3 months ago - PRNewsWire

Avient To Hold Fourth Quarter 2023 Conference Call

CLEVELAND , Jan. 8, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its fourth quarter 2023 earnings befo...

4 months ago - PRNewsWire

Avient Appoints Ashish K. Khandpur as Chief Executive Officer Effective December 1, 2023

Robert M. Patterson to Remain in an Advisory Role Until His Retirement on May 31, 2024 Richard H. Fearon Appointed Non-Executive Chairman of the Board CLEVELAND , Nov. 13, 2023  /PRNewswire/ -- Avient...

6 months ago - PRNewsWire

Avient Announces Third Quarter 2023 Results

GAAP EPS of $0.06 includes special items primarily related to environmental costs and amortization expense. Adjusted EPS of $0.57 exceeds guidance of $0.56 as a result of favorable margins and reduced...

7 months ago - PRNewsWire

Avient Announces Thirteenth Consecutive Annual Dividend Increase

CLEVELAND , Oct. 12, 2023 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash...

7 months ago - PRNewsWire

Avient To Hold Third Quarter 2023 Conference Call

CLEVELAND , Oct. 6, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its third quarter 2023 earnings befor...

8 months ago - PRNewsWire

Avient Announces Registration Details for 2023 Sustainability Day

CLEVELAND , Aug. 28, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has announced registration details for a virtual Sustai...

9 months ago - PRNewsWire

Avient Announces Debt Paydown and Term Loan Refinancing

CLEVELAND , Aug. 17, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable solutions, today announced that it has successfully completed the repricing...

9 months ago - PRNewsWire

X-energy Announces Appointment of Gregory J. Goff to Board of Directors

ROCKVILLE, Md.--(BUSINESS WIRE)--X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy genera...

Other symbols: XOM
10 months ago - Business Wire

Avient Announces Second Quarter 2023 Results

GAAP EPS of $0.24 includes special items and amortization expense Adjusted EPS of $0.63 exceeded guidance of $0.60, driven by better-than-projected margins in both segments Full year adjusted EPS guid...

10 months ago - PRNewsWire

Avient To Hold Second Quarter 2023 Conference Call

CLEVELAND , June 20, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its second quarter 2023 earnings bef...

11 months ago - PRNewsWire

The Good And Bad: Builders FirstSource & Avient Corp

See two of the featured stocks from this month's model portfolios.

Other symbols: BLDR
1 year ago - Forbes

Avient Announces First Quarter 2023 Results

First quarter sales of $846 million in line with guidance GAAP EPS of $0.23 includes special items primarily related to restructuring costs as detailed in Attachment 3 Adjusted EPS of $0.63 exceeded g...

1 year ago - PRNewsWire

The 9 Best Materials Stocks to Buy Now

The short-term outlook for materials stocks is low, but these nine names could be diamonds in the rough.

Other symbols: ASHAVYCTVALINMLMMPOI
1 year ago - Kiplinger

Avient To Hold First Quarter 2023 Conference Call

CLEVELAND , April 5, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its first quarter 2023 earnings befo...

1 year ago - PRNewsWire

Avient Announces Fourth Quarter and Full Year 2022 Results

Fourth quarter and full year GAAP EPS from continuing operations of $(0.19) and $0.90 Fourth quarter and full year adjusted EPS from continuing operations of $0.39 and $2.69 exceeds prior guidance of ...

1 year ago - PRNewsWire

Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient

Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient

Other symbols: ADCPEGSSNCTRP
1 year ago - Forbes

Avient To Hold Fourth Quarter 2022 Conference Call

CLEVELAND , Jan. 6, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its fourth quarter 2022 earnings befo...

1 year ago - PRNewsWire

Avient Announces Third Quarter 2022 Results

Completed the acquisition of DSM Protective Materials (including Dyneema®) on September 1 st and the sale of the Distribution business on November 1 st $750 million of after-tax proceeds from the sale...

1 year ago - PRNewsWire

Avient Completes Sale of Distribution Business to H.I.G. Capital

CLEVELAND , Nov. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of specialized and sustainable material solutions, today announced it has completed the previously a...

1 year ago - PRNewsWire

Avient Announces Twelfth Consecutive Annual Increase in Quarterly Dividend

CLEVELAND , Oct. 13, 2022 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash...

1 year ago - PRNewsWire

Avient To Hold Third Quarter 2022 Conference Call

CLEVELAND , Oct. 11, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its third quarter 2022 earnings befo...

1 year ago - PRNewsWire