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Avient (AVNT) Stock Price, News & Analysis

Avient logo
$43.06 +0.74 (+1.74%)
As of 03:59 PM Eastern
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About Avient Stock (NYSE:AVNT)

Key Stats

Today's Range
$42.00
$43.10
50-Day Range
$38.17
$53.17
52-Week Range
$35.58
$54.68
Volume
490,378 shs
Average Volume
511,898 shs
Market Capitalization
$3.93 billion
P/E Ratio
26.58
Dividend Yield
2.51%
Price Target
$55.50
Consensus Rating
Moderate Buy

Company Overview

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. Its products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It 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 1885 and is headquartered in Avon Lake, Ohio.

Avient Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

AVNT MarketRank™: 

Avient scored higher than 99% of companies evaluated by MarketBeat, and ranked 8th out of 191 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Avient has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Avient has only been the subject of 1 research reports in the past 90 days.

  • Read more about Avient's stock forecast and price target.
  • Earnings Growth

    Earnings for Avient are expected to grow by 9.81% in the coming year, from $2.65 to $2.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Avient is 26.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Avient is 26.58, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 108.81.

  • Price to Earnings Growth Ratio

    Avient has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    Avient has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Avient's valuation and earnings.
  • Percentage of Shares Shorted

    1.54% of the float of Avient has been sold short.
  • Short Interest Ratio / Days to Cover

    Avient has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Avient has recently decreased by 12.10%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Avient pays a meaningful dividend of 2.50%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Avient does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Avient is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Avient will have a dividend payout ratio of 37.11% next year. This indicates that Avient will be able to sustain or increase its dividend.

  • Read more about Avient's dividend.
  • Percentage of Shares Shorted

    1.54% of the float of Avient has been sold short.
  • Short Interest Ratio / Days to Cover

    Avient has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Avient has recently decreased by 12.10%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Avient has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Avient this week, compared to 4 articles on an average week.
  • Search Interest

    5 people have searched for AVNT on MarketBeat in the last 30 days.
  • MarketBeat Follows

    8 people have added Avient to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Avient insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $296,455.00 in company stock.

  • Percentage Held by Insiders

    Only 1.88% of the stock of Avient is held by insiders.

  • Percentage Held by Institutions

    95.48% of the stock of Avient is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Avient's insider trading history.
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AVNT Stock News Headlines

Avient polymer beads
Avient Stock: Manufacturing Play With Double-Digit Upside
Analysts have recently boosted their outlooks on this stock, mixing their bullish expectations for the manufacturing and transportation sectors.
Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?
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It’s here. This is the moment we’ve been waiting for. The next 3-6 months in crypto will be absolutely life-changing for those who are prepared. Why? Because altcoin prices are about to explode.
Avient To Hold Fourth Quarter 2024 Conference Call
See More Headlines

AVNT Stock Analysis - Frequently Asked Questions

Avient's stock was trading at $40.86 at the start of the year. Since then, AVNT stock has increased by 5.4% and is now trading at $43.0580.
View the best growth stocks for 2025 here
.

Avient Co. (NYSE:AVNT) issued its earnings results on Thursday, October, 31st. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. The company's revenue was up 8.2% compared to the same quarter last year.

Top institutional shareholders of Avient include Harbor Capital Advisors Inc. (0.12%), Hantz Financial Services Inc. (0.06%), Nisa Investment Advisors LLC (0.06%) and Wedge Capital Management L L P NC (0.05%). Insiders that own company stock include Robert M Patterson and Joel R Rathbun.
View institutional ownership trends
.

Shares of AVNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Avient investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
10/31/2024
Ex-Dividend for 1/8 Dividend
12/13/2024
Dividend Payable
1/08/2025
Today
1/23/2025
Next Earnings (Estimated)
2/13/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
Chemicals
Employees
9,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.50
High Stock Price Target
$59.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+29.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$75.70 million
Pretax Margin
5.67%

Debt

Sales & Book Value

Annual Sales
$3.14 billion
Cash Flow
$4.42 per share
Book Value
$25.65 per share

Miscellaneous

Free Float
89,646,000
Market Cap
$3.92 billion
Optionable
Optionable
Beta
1.52

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This page (NYSE:AVNT) was last updated on 1/23/2025 by MarketBeat.com Staff
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