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Avient Corporation (AVNT)

Stock Price: $38.32 USD 1.85 (5.07%)
Updated November 24, 1:10 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 3.51B
Revenue (ttm) 2.90B
Net Income (ttm) 522.60M
Shares Out 91.48M
EPS (ttm) 6.65
PE Ratio 5.76
Forward PE 16.95
Dividend $0.85
Dividend Yield 2.22%

Stock Quote

Trading Day November 24
Last Price $38.32
Previous Close $36.47
Change ($) 1.85
Change (%) 5.07%
Day's Open 37.04
Day's Range 36.78 - 38.32
Day's Volume 258,653
52-Week Range 8.69 - 38.32

More Stats

Market Cap 3.51B
Enterprise Value 4.89B
Earnings Date (est) Feb 2, 2021
Ex-Dividend Date Sep 17, 2020
Shares Outstanding 91.48M
Float 90.39M
EPS (basic) 6.67
EPS (diluted) 6.65
FCF / Share 1.08
Dividend $0.85
Dividend Yield 2.22%
Earnings Yield 17.35%
FCF Yield 2.81%
Payout Ratio 12.10%
Shares Short 2.19M
Short Ratio 3.09
Short % of Float 2.42%
Beta 1.67
PE Ratio 5.76
Forward PE 16.95
P/FCF Ratio 35.59
PS Ratio 1.21
PB Ratio 2.03
Revenue 2.90B
Operating Income 144.80M
Net Income 522.60M
Free Cash Flow 98.50M
Net Cash -1.38B
Net Cash / Share -15.14
Gross Margin 22.83%
Operating Margin 4.99%
Profit Margin 18.00%
FCF Margin 3.39%
ROA 4.07%
ROE 5.95%
ROIC 26.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (12)

Buy 8
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$38.27*
(-0.13% downside)
Low
34.0
Current: $38.32
High
55.0
Target: 38.27
*Average 12-month price target from 11 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,8632,8812,5902,9392,9293,8363,7712,8612,7092,622
Revenue Growth-0.64%11.22%-11.85%0.33%-23.64%1.71%31.82%5.59%3.34%-
Gross Profit657625596676652708662531429429
Operating Income15717917326825815520511451.00133
Net Income589160-57.7016514579.2024471.90173163
Shares Outstanding77.2079.7081.5083.9087.8092.3095.5089.1092.2093.10
Earnings Per Share7.581.99-0.701.951.630.852.530.801.841.69
EPS Growth280.9%--19.63%91.76%-66.4%216.25%-56.52%8.88%-
Dividend Per Share0.790.720.580.500.420.340.260.200.16-
Dividend Growth9.44%24.14%17.17%17.86%23.53%30.77%30%25%--
Operating Cash Flow30125420222824020810910772.50141
Capital Expenditures-81.70-76.00-79.60-84.20-91.20-92.80-76.40-57.40-54.10-39.50
Free Cash Flow21917812314314911632.6049.5018.40101
Cash & Equivalents865171244226280239365210192378
Total Debt1,2931,3561,3091,2581,1471,011989707707453
Net Cash / Debt-428-1,185-1,065-1,032-867-772-624-497-515-74.80
Assets3,2732,7232,7052,7362,5952,6662,9442,1282,0781,672
Liabilities2,2212,1832,1062,0101,8901,8891,9661,4971,4901,156
Book Value1,052540599725704776977629588516
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Avient Corporation
Country United States
Employees 5,600
CEO Robert M. Patterson

Stock Information

Ticker Symbol AVNT
Stock Exchange New York Stock Exchange
Sector Basic Materials
Industry Specialty Chemicals
Unique Identifier NYSE: AVNT
IPO Date April 29, 1993

Description

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 specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology, and thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1927 and is headquartered in Avon Lake, Ohio.