Avient Corporation (AVNT)

NYSE: AVNT · Real-Time Price · USD
49.82
-0.07 (-0.14%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.14%
Market Cap 4.55B
Revenue (ttm) 3.21B
Net Income (ttm) 149.80M
Shares Out 91.36M
EPS (ttm) 1.64
PE Ratio 30.56
Forward PE 17.62
Dividend $1.08 (2.17%)
Ex-Dividend Date Dec 13, 2024
Volume 341,892
Open 49.60
Previous Close 49.89
Day's Range 48.98 - 49.87
52-Week Range 33.84 - 54.68
Beta 1.50
Analysts Strong Buy
Price Target 54.50 (+9.39%)
Earnings Date Oct 31, 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 "Strong Buy." The 12-month stock price forecast is $54.5, which is an increase of 9.39% from the latest price.

Price Target
$54.5
(9.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Avient: Specialization Strategy Is Growing Margins And Driving The Bottom-Line Growth

AVNT's gross profit margins have improved by over 70% in the last decade, indicating a shift to higher-margin specialty services. The company is focused on deleveraging, with share repurchases on hold...

7 days ago - Seeking Alpha

Avient Announces Registration Details for December 4th Investor Day

CLEVELAND , Nov. 4, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, will host an Investor Day for the investment community ...

16 days ago - PRNewsWire

Avient Corporation (AVNT) Q3 2024 Earnings Call Transcript

Avient Corporation (NYSE:AVNT) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer & Investor Relations Ashish Khandpur - Presid...

20 days ago - Seeking Alpha

Avient Announces Third Quarter 2024 Results

Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end markets Third quarter GAAP EPS from continuing operations o...

20 days ago - PRNewsWire

Avient Announces Fourteenth Consecutive Annual Dividend Increase

CLEVELAND , Oct. 9, 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...

6 weeks ago - PRNewsWire

Avient To Hold Third Quarter 2024 Conference Call

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

6 weeks ago - PRNewsWire

Avient Announces Pricing of $650 Million 6.250% Senior Notes due 2031

CLEVELAND , Sept. 5, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the pricing of its previously announced offering of $650 million in aggregate principal amount of s...

2 months ago - PRNewsWire

Avient Announces Commencement of $650 Million Senior Notes Offering

CLEVELAND , Sept. 5, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the commencement of an offering of $650 million in aggregate principal amount of senior notes due 2...

2 months ago - PRNewsWire

Avient Corporation (AVNT) Q2 2024 Earnings Call Transcript

Avient Corporation (AVNT) Q2 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

Avient Announces Second Quarter 2024 Results

Second quarter sales grew to $850 million, a 3% increase over the prior year quarter and a 5% organic increase when excluding the impact of foreign exchange Second quarter GAAP EPS from continuing ope...

3 months ago - PRNewsWire

Avient Announces Quarterly Dividend

CLEVELAND , July 11, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cas...

4 months ago - PRNewsWire

Global Pultrusion Market Trends, Opportunities and Competitive Analysis 2024-2030, Featuring Strongwell, Exel Composites, Werner, Avient, Creative Composites, Tecton Products and Fiberline Composites

Dublin, July 10, 2024 (GLOBE NEWSWIRE) -- The "Pultrusion Market: Trends, Opportunities and Competitive Analysis [2024-2030]" report has been added to ResearchAndMarkets.com's offering. The future of ...

4 months ago - GlobeNewsWire

Avient To Hold Second Quarter 2024 Conference Call

CLEVELAND , July 9, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its second quarter 2024 earnings bef...

4 months ago - PRNewsWire

Avient Corporation (AVNT) Q1 2024 Earnings Call Transcript

Avient Corporation (NYSE:AVNT) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer and Investor Relations Ashish Khandpur - President...

7 months ago - Seeking Alpha

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...

7 months 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...

8 months ago - PRNewsWire

Avant Brands Inc. (AVTBF) Q4 2023 Earnings Call Transcript

Avant Brands Inc. (AVTBF) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Avient: Growth Opportunities And New CEO

Avient's adjusted EPS and adjusted EBITDA both rose year over year in Q4 2023, with lower raw material costs being one of the key factors. For full year 2024, management expects adjusted EPS of $2.40-...

9 months ago - Seeking Alpha

Avient Corporation (AVNT) Q4 2023 Earnings Call Transcript

Avient Corporation (AVNT) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 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...

11 months ago - PRNewsWire

15 Upcoming Dividend Increases

December is the last opportunity for companies to announce yearly dividend increases. 15 companies expected to raise their dividends in the upcoming week, with a focus on up-and-comers in the dividend...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

Avient Corporation (AVNT) Q3 2023 Earnings Call Transcript

Avient Corporation (NYSE:AVNT) Q3 2023 Earnings Call Transcript November 2, 2023 8:00 AM ET Company Participants Giuseppe Di Salvo - Vice President, Treasurer and Investor Relations Robert Patterson ...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire