Avient Corporation (AVNT)
Stock Price:
$38.32 USD
1.85 (5.07%)
Updated November 24, 1:10 PM EST - Market open
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 2,863 | 2,881 | 2,590 | 2,939 | 2,929 | 3,836 | 3,771 | 2,861 | 2,709 | 2,622 |
| Revenue Growth | -0.64% | 11.22% | -11.85% | 0.33% | -23.64% | 1.71% | 31.82% | 5.59% | 3.34% | - |
| Gross Profit | 657 | 625 | 596 | 676 | 652 | 708 | 662 | 531 | 429 | 429 |
| Operating Income | 157 | 179 | 173 | 268 | 258 | 155 | 205 | 114 | 51.00 | 133 |
| Net Income | 589 | 160 | -57.70 | 165 | 145 | 79.20 | 244 | 71.90 | 173 | 163 |
| Shares Outstanding | 77.20 | 79.70 | 81.50 | 83.90 | 87.80 | 92.30 | 95.50 | 89.10 | 92.20 | 93.10 |
| Earnings Per Share | 7.58 | 1.99 | -0.70 | 1.95 | 1.63 | 0.85 | 2.53 | 0.80 | 1.84 | 1.69 |
| EPS Growth | 280.9% | - | - | 19.63% | 91.76% | -66.4% | 216.25% | -56.52% | 8.88% | - |
| Dividend Per Share | 0.79 | 0.72 | 0.58 | 0.50 | 0.42 | 0.34 | 0.26 | 0.20 | 0.16 | - |
| Dividend Growth | 9.44% | 24.14% | 17.17% | 17.86% | 23.53% | 30.77% | 30% | 25% | - | - |
| Operating Cash Flow | 301 | 254 | 202 | 228 | 240 | 208 | 109 | 107 | 72.50 | 141 |
| Capital Expenditures | -81.70 | -76.00 | -79.60 | -84.20 | -91.20 | -92.80 | -76.40 | -57.40 | -54.10 | -39.50 |
| Free Cash Flow | 219 | 178 | 123 | 143 | 149 | 116 | 32.60 | 49.50 | 18.40 | 101 |
| Cash & Equivalents | 865 | 171 | 244 | 226 | 280 | 239 | 365 | 210 | 192 | 378 |
| Total Debt | 1,293 | 1,356 | 1,309 | 1,258 | 1,147 | 1,011 | 989 | 707 | 707 | 453 |
| Net Cash / Debt | -428 | -1,185 | -1,065 | -1,032 | -867 | -772 | -624 | -497 | -515 | -74.80 |
| Assets | 3,273 | 2,723 | 2,705 | 2,736 | 2,595 | 2,666 | 2,944 | 2,128 | 2,078 | 1,672 |
| Liabilities | 2,221 | 2,183 | 2,106 | 2,010 | 1,890 | 1,889 | 1,966 | 1,497 | 1,490 | 1,156 |
| Book Value | 1,052 | 540 | 599 | 725 | 704 | 776 | 977 | 629 | 588 | 516 |
Numbers in millions USD, except per-share numbers.
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.