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Avient Corporation (AVNT)

NYSE: AVNT · IEX Real-Time Price · USD
44.83 -0.21 (-0.47%)
Sep 21, 2021 2:05 PM EDT - Market open
Market Cap4.04B
Revenue (ttm)4.32B
Net Income (ttm)224.10M
Shares Out91.30M
EPS (ttm)2.43
PE Ratio18.44
Forward PE13.55
Dividend$0.84 (1.87%)
Ex-Dividend DateSep 16, 2021
Volume144,656
Open45.62
Previous Close45.04
Day's Range44.39 - 45.66
52-Week Range23.82 - 53.74
Beta1.66
AnalystsBuy
Price Target61.45 (+37.1%)
Est. Earnings DateOct 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...

IndustryChemicals
IPO DateApr 29, 1993
CEORobert Patterson
Employees8,400
Stock ExchangeNYSE
Ticker SymbolAVNT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$61.45
(37.07% upside)
Analyst Consensus: Buy

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.

Other symbols:DOWMEOH
4 days ago - Zacks Investment Research

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...

Other symbols:CCIOSPMEOHOLN
5 days ago - Zacks Investment Research

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...

1 week ago - PRNewsWire

BASFY or AVNT: Which Is the Better Value Stock Right Now?

BASFY vs. AVNT: Which Stock Is the Better Value Option?

1 week ago - Zacks Investment Research

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...

Other symbols:DOWOLNCC
1 week ago - Zacks Investment Research

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.

Other symbols:ASIXDOWOLN
3 weeks ago - Zacks Investment Research

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.

Other symbols:ASIXCCOLNWLK
3 weeks ago - Zacks Investment Research

BASFY vs. AVNT: Which Stock Is the Better Value Option?

BASFY vs. AVNT: Which Stock Is the Better Value Option?

4 weeks ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

AVNT or RDSMY: Which Is the Better Value Stock Right Now?

AVNT vs. RDSMY: Which Stock Is the Better Value Option?

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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.

1 month ago - Benzinga

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...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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.

2 months ago - Zacks Investment Research

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")...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

Top Ranked Income Stocks to Buy for June 24th

Top Ranked Income Stocks to Buy for June 24th

Other symbols:RIOSTXTOWN
2 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

ARKAY vs. AVNT: Which Stock Is the Better Value Option?

ARKAY vs. AVNT: Which Stock Is the Better Value Option?

3 months ago - Zacks Investment Research