Avient Co. (NYSE:AVNT - Free Report) - Analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for Avient in a research report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now anticipates that the company will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.83. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for Avient's current full-year earnings is $2.65 per share. Seaport Res Ptn also issued estimates for Avient's FY2026 earnings at $3.31 EPS.
Avient (NYSE:AVNT - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.63 by $0.02. The firm had revenue of $815.20 million for the quarter, compared to the consensus estimate of $797.50 million. Avient had a return on equity of 10.56% and a net margin of 4.66%. The company's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 earnings per share.
A number of other research analysts also recently issued reports on AVNT. Wells Fargo & Company boosted their price target on Avient from $55.00 to $59.00 and gave the company an "overweight" rating in a report on Thursday, December 5th. Oppenheimer boosted their price target on Avient from $53.00 to $58.00 and gave the company an "outperform" rating in a report on Monday, October 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $55.50.
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Avient Trading Up 1.7 %
Shares of AVNT traded up $0.74 during trading hours on Thursday, hitting $43.06. The company had a trading volume of 490,378 shares, compared to its average volume of 511,622. The company has a quick ratio of 1.21, a current ratio of 1.63 and a debt-to-equity ratio of 0.87. The firm has a market cap of $3.93 billion, a P/E ratio of 26.58, a P/E/G ratio of 1.01 and a beta of 1.52. Avient has a 52-week low of $35.58 and a 52-week high of $54.68. The stock's 50 day moving average price is $45.32 and its 200 day moving average price is $46.55.
Institutional Trading of Avient
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. KBC Group NV grew its stake in shares of Avient by 47.2% in the 4th quarter. KBC Group NV now owns 4,090 shares of the company's stock worth $167,000 after buying an additional 1,312 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in shares of Avient in the 4th quarter worth approximately $225,000. Linden Thomas Advisory Services LLC grew its stake in shares of Avient by 16.2% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 22,133 shares of the company's stock worth $904,000 after buying an additional 3,078 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Avient by 4.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 5,551 shares of the company's stock worth $227,000 after buying an additional 258 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Avient by 1.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 108,033 shares of the company's stock worth $4,414,000 after buying an additional 1,386 shares during the last quarter. Hedge funds and other institutional investors own 95.48% of the company's stock.
Insiders Place Their Bets
In related news, SVP Joel R. Rathbun sold 5,762 shares of the company's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $51.45, for a total value of $296,454.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.88% of the company's stock.
Avient Company Profile
(
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Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks.
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