Avient Corporation (AVNT)
NYSE: AVNT · Real-Time Price · USD
49.82
-0.07 (-0.14%)
At close: Nov 20, 2024, 4:00 PM
47.70
-2.12 (-4.26%)
Pre-market: Nov 21, 2024, 4:18 AM EST
Avient Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Avient stock have an average target of 54.5, with a low estimate of 52 and a high estimate of 58. The average target predicts an increase of 9.39% from the current stock price of 49.82.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 15, 2024.
Analyst Ratings
The average analyst rating for Avient stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 18, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $52 → $55 | Buy | Maintains | $52 → $55 | +10.40% | Oct 15, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $53 → $58 | Buy | Maintains | $53 → $58 | +16.42% | Oct 14, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $49 → $52 | Hold → Strong Buy | Upgrades | $49 → $52 | +4.38% | Aug 7, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +4.38% | May 8, 2024 |
Financial Forecast
Revenue This Year
3.31B
from 3.14B
Increased by 5.38%
Revenue Next Year
3.46B
from 3.31B
Increased by 4.41%
EPS This Year
2.71
from 0.83
Increased by 226.79%
EPS Next Year
3.01
from 2.71
Increased by 11.03%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.6B | 3.8B |
| Avg | 3.3B | 3.5B | 3.6B |
| Low | 3.2B | 3.3B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.1% | 8.6% | 8.4% |
| Avg | 5.4% | 4.4% | 4.6% |
| Low | 0.9% | -0.6% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.80 | 3.18 | 3.74 |
| Avg | 2.71 | 3.01 | 3.46 |
| Low | 2.60 | 2.74 | 3.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 238.2% | 17.4% | 24.3% |
| Avg | 226.8% | 11.0% | 15.2% |
| Low | 213.3% | 1.3% | 4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.