Avient Corporation (AVNT)
Market Cap | 3.69B |
Revenue (ttm) | 3.40B |
Net Income (ttm) | 703.10M |
Shares Out | 90.97M |
EPS (ttm) | 7.63 |
PE Ratio | 5.26 |
Forward PE | 12.71 |
Dividend | $0.97 (2.39%) |
Ex-Dividend Date | Mar 13, 2023 |
Volume | 63,400 |
Open | 40.74 |
Previous Close | 40.15 |
Day's Range | 40.51 - 41.02 |
52-Week Range | 27.65 - 54.77 |
Beta | 1.55 |
Analysts | Buy |
Price Target | 51.05 (+25.77%) |
Earnings Date | Apr 19, 2023 |
About AVNT
Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through 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. This segment products are used in various markets include medical, pharmaceutical devic... [Read more]
Financial Performance
In 2022, Avient's revenue was $3.40 billion, an increase of 2.46% compared to the previous year's $3.32 billion. Earnings were $703.10 million, an increase of 204.64%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for AVNT stock is "Buy." The 12-month stock price forecast is $51.05, which is an increase of 25.77% from the latest price.
News

5 Stocks to Watch on Dividend Hikes Amid Spiking Inflation Rates
Investors may keep a tab on BBVA, WAB, MBCN, ADI and AVNT, which have lately hiked their dividend payments to reward investors.

Avient (AVNT) Q4 Earnings and Revenues Surpass Estimates
Avient (AVNT) delivered earnings and revenue surprises of 30% and 0.92%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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 ...

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

Avient Announces Quarterly Dividend
CLEVELAND , Feb. 13, 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...

Analysts Estimate Avient (AVNT) to Report a Decline in Earnings: What to Look Out for
Avient (AVNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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...

Avient (AVNT) Q3 Earnings and Revenues Lag Estimates
Avient (AVNT) delivered earnings and revenue surprises of -3.28% and 3.23%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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...

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...

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...

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...

2 Deep Value Industrial Stocks Offering High Yields
Investors looking to take advantage of market volatility may want to look for stocks that are trading at significant discounts to their GF Value, a unique intrinsic value calculation from GuruFocus wh...

Avient Updates Third Quarter and Full Year 2022 Forecast
Completed acquisition of DSM's Protective Materials business (including the Dyneema® brand) on September 1st and announced the agreement to sell the Distribution segment on August 12th. The Distributi...

Avient Completes Acquisition of DSM Protective Materials (Dyneema®)
CLEVELAND , Sept. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has completed its purchase of the protective materials ...

Avient to sell its distribution business for $950 million in cash, after 'competitive' sale process
Avient Corp. AVNT, -1.73% announced Friday a deal to sell its distribution business for $950 million in cash to an affiliate of private equity firm H.I.G. Capital. The polymer materials and liquid col...

Avient Signs Agreement to Divest Distribution Business to H.I.G. Capital for $950 Million
CLEVELAND , Aug. 12, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of sustainable and specialized material solutions, today announced it has entered into a definitive...

Avient Announces Debt Financing to Fund Acquisition of DSM Protective Materials
CLEVELAND , July 28, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient"), a leading provider of specialized and sustainable solutions, today announced it has finalized the debt financing t...

Avient Announces Pricing of $725 Million 7.125% Senior Notes due 2030
CLEVELAND , July 27, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the pricing of its previously announced offering of $725 million in aggregate principal amount of s...

Avient Announces Commencement of $725 Million Senior Notes Offering
CLEVELAND , July 26, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the commencement of an offering of $725 million in aggregate principal amount of senior notes due 2...

Avient (AVNT) Beats Q2 Earnings and Revenue Estimates
Avient (AVNT) delivered earnings and revenue surprises of 5.38% and 1.11%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Avient Announces Second Quarter 2022 Results
Second quarter sales grew to $1.3 billion, a 5% increase over the prior year quarter, and an all-time quarterly record GAAP EPS increased 24% to $0.92 compared to $0.74 in the prior year quarter Adjus...

Avient (AVNT) Reports Next Week: Wall Street Expects Earnings Growth
Avient (AVNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avient To Hold Second Quarter 2022 Conference Call
CLEVELAND , July 7, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its second quarter 2022 earnings befo...

Avient (AVNT) Moves 6.1% Higher: Will This Strength Last?
Avient (AVNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in t...