Avient Corporation (AVNT)
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]
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 StatementsAnalyst 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.
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...
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 ...
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...
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...
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...
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...
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...
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...
Avient Corporation (AVNT) Q2 2024 Earnings Call Transcript
Avient Corporation (AVNT) Q2 2024 Earnings Call Transcript
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...
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...
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 ...
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...
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...
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...
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...
Avant Brands Inc. (AVTBF) Q4 2023 Earnings Call Transcript
Avant Brands Inc. (AVTBF) Q4 2023 Earnings Call Transcript
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-...
Avient Corporation (AVNT) Q4 2023 Earnings Call Transcript
Avient Corporation (AVNT) Q4 2023 Earnings Call Transcript
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...
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...
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...
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...
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 ...
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...