Avient Corporation (NYSE:AVNT) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Avient Corporation has received a consensus rating of "Moderate Buy" from seven research firms, with an average 1-year price target of $45.60.
• The company's latest quarterly earnings report showed an EPS of $0.80, exceeding estimates and marking a 1.9% year-over-year revenue increase.
• Avient recently announced a quarterly dividend of $0.27, yielding 2.9%, with a dividend payout ratio of 84.38%.

Avient Corporation (NYSE:AVNT - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven research firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $45.60.

AVNT has been the topic of a number of research analyst reports. Robert W. Baird cut their price target on shares of Avient from $43.00 to $37.00 and set a "neutral" rating on the stock in a report on Monday, August 4th. Morgan Stanley lowered their price objective on shares of Avient from $51.00 to $41.00 and set an "equal weight" rating for the company in a research note on Monday, May 12th.

Avient Trading Up 1.1%

NYSE AVNT opened at $37.71 on Monday. The company's 50-day moving average price is $34.64 and its 200-day moving average price is $35.70. The company has a current ratio of 2.03, a quick ratio of 1.50 and a debt-to-equity ratio of 0.85. The stock has a market cap of $3.45 billion, a PE ratio of 29.46, a PEG ratio of 1.30 and a beta of 1.40. Avient has a 12 month low of $27.86 and a 12 month high of $54.68.

Avient (NYSE:AVNT - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.78 by $0.02. The firm had revenue of $866.50 million for the quarter, compared to analysts' expectations of $852.98 million. Avient had a net margin of 3.65% and a return on equity of 10.57%. The business's revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Avient has set its Q3 2025 guidance at 0.700-0.700 EPS. FY 2025 guidance at 2.770-2.870 EPS. Equities research analysts forecast that Avient will post 2.85 earnings per share for the current year.

Avient Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Friday, September 12th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $1.08 dividend on an annualized basis and a yield of 2.9%. Avient's dividend payout ratio is 84.38%.

Institutional Trading of Avient

A number of hedge funds have recently added to or reduced their stakes in AVNT. Jane Street Group LLC lifted its stake in Avient by 47.0% in the fourth quarter. Jane Street Group LLC now owns 109,965 shares of the company's stock worth $4,493,000 after acquiring an additional 35,163 shares during the period. Ameriprise Financial Inc. lifted its stake in Avient by 200.7% in the fourth quarter. Ameriprise Financial Inc. now owns 1,321,791 shares of the company's stock worth $54,012,000 after acquiring an additional 882,234 shares during the period. Algert Global LLC purchased a new stake in Avient in the fourth quarter worth about $338,000. BNP Paribas Financial Markets purchased a new stake in Avient in the fourth quarter worth about $872,000. Finally, Captrust Financial Advisors lifted its position in shares of Avient by 5.7% during the fourth quarter. Captrust Financial Advisors now owns 19,372 shares of the company's stock valued at $792,000 after buying an additional 1,041 shares during the last quarter. 95.48% of the stock is owned by hedge funds and other institutional investors.

Avient Company Profile

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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