Avient Corporation (AVNT)
| Market Cap | 4.04B |
| Revenue (ttm) | 4.32B |
| Net Income (ttm) | 224.10M |
| Shares Out | 91.30M |
| EPS (ttm) | 2.43 |
| PE Ratio | 18.44 |
| Forward PE | 13.55 |
| Dividend | $0.84 (1.87%) |
| Ex-Dividend Date | Sep 16, 2021 |
| Volume | 144,656 |
| Open | 45.62 |
| Previous Close | 45.04 |
| Day's Range | 44.39 - 45.66 |
| 52-Week Range | 23.82 - 53.74 |
| Beta | 1.66 |
| Analysts | Buy |
| Price Target | 61.45 (+37.1%) |
| Est. Earnings Date | Oct 29, 2021 |
About AVNT
Avient Corporation provides specialized polymer materials, services, and solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks, plastisols, and vinyl slush molding solutions. The Specialty Engineered Materials segment provides special...
Financial Performance
In 2020, Avient's revenue was $3.24 billion, an increase of 13.25% compared to the previous year's $2.86 billion. Earnings were $131.60 million, a decrease of -77.64%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for Avient stock is "Buy." The 12-month stock price forecast is 61.45, which is an increase of 37.07% from the latest price.
News
DOW Enters Into Partnership to Launch Recyclable Food-Contact Film
DOW inks deal to launch a shrink film made from re-polymerization of plastics for food-contact packaging application, ensuring circularity and partly mitigating food wastage.
5 Chemical Stocks Set to Run Higher Despite Supply-Chain Woes
While input cost inflation and supply chain constraints pose headwinds, the chemical industry is expected to benefit from strong demand across major markets. AVNT, MEOH, CC, OLN, IOSP are good options f...
Avient Expects Double Digit Sales Growth in 5G Applications
CLEVELAND, Sept. 13, 2021 /PRNewswire/ -- 5G technology will provide the backbone for a step-change in performance of mobile devices, allowing ultrafast download speeds and the ability to connect billio...
BASFY or AVNT: Which Is the Better Value Stock Right Now?
BASFY vs. AVNT: Which Stock Is the Better Value Option?
4 Diversified Chemical Stocks to Watch Out for Amid Industry Woes
Raw material cost pressure and demand worries due to chip shortage and the spread of the Delta variant pose as headwinds for the Zacks Chemicals Diversified industry. DOW, OLN, CC and AVNT are poised to...
Global Chemical Output Leaps As Industry Rides on High Demand
While the chemical industry is grappling with a spike in raw material costs due to supply chain disruptions, it is benefiting from strong demand in key end-use markets.
US Chemical Output Up in July on Continued Post-Storm Rebound
The July reading showed higher production on a monthly comparison basis across all regions, reflecting sustained demand for chemical products.
BASFY vs. AVNT: Which Stock Is the Better Value Option?
BASFY vs. AVNT: Which Stock Is the Better Value Option?
Avient Expands 2030 Sustainability Goals and Highlights ESG Impact in Latest Sustainability Report
CLEVELAND, Aug. 12, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of sustainable and specialized material solutions, today announced the availability of its latest sust...
Avient Elects Neil Green and Ernest Nicolas to Board of Directors
CLEVELAND, Aug. 6, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of sustainable and specialized material solutions today announced that its Board of Directors has elect...
AVNT or RDSMY: Which Is the Better Value Stock Right Now?
AVNT vs. RDSMY: Which Stock Is the Better Value Option?
Avient (AVNT) Q2 Earnings and Revenues Surpass Estimates
Avient (AVNT) delivered earnings and revenue surprises of 7.41% and 10.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Avient Q2 Earnings
Shares of Avient (NYSE:AVNT) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 210.71% over the past year to $0.87, which beat the estimate of $0.80.
Avient Announces Record Second Quarter 2021 Results, Increases Full Year Guidance
CLEVELAND, July 30, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today reported its second quarter results for 2021. Second...
Should You Buy Avient (AVNT) Ahead of Earnings?
Avient (AVNT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Will Avient (AVNT) Beat Estimates Again in Its Next Earnings Report?
Avient (AVNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Avient (AVNT) Reports Next Week: Wall Street Expects Earnings Growth
Avient (AVNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Avient Announces Quarterly Dividend
CLEVELAND, July 14, 2021 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash di...
Avient Provides Sustainable, Vibrant Color Technology in Fabrics for Eco-Conscious Consumers
CLEVELAND, July 12, 2021 /PRNewswire/ -- From the clothes we wear to the upholstery in the cars we drive, color plays a major role in creating consumer appeal. However, the way color is added to fibers ...
Avient (AVNT): Strong Industry, Solid Earnings Estimate Revisions
Avient (AVNT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Avient Expands Sustainable Solutions Portfolio with Acquisition of Magna Colours Ltd.
CLEVELAND, July 1, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a global provider of specialized and sustainable material solutions, today announced it has acquired Magna Colours Ltd. ("Magna")...
Avient To Hold Second Quarter 2021 Conference Call
CLEVELAND, June 30, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its second quarter 2021 earnings before...
Top Ranked Income Stocks to Buy for June 24th
Top Ranked Income Stocks to Buy for June 24th
Avient Collaborates with Oceanworks® to Expand Use of Recycled Ocean Plastics
CLEVELAND, June 14, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a premier provider of specialized and sustainable material solutions and services, has announced it is collaborating with Oceanw...
ARKAY vs. AVNT: Which Stock Is the Better Value Option?
ARKAY vs. AVNT: Which Stock Is the Better Value Option?