Avient (NYSE:AVNT) Issues FY 2025 Earnings Guidance

Avient (NYSE:AVNT - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.700-2.940 for the period, compared to the consensus EPS estimate of 2.780. The company issued revenue guidance of -. Avient also updated its Q2 2025 guidance to 0.790-0.790 EPS.

Wall Street Analysts Forecast Growth

AVNT has been the topic of several analyst reports. Wells Fargo & Company boosted their price objective on Avient from $39.00 to $42.00 and gave the stock an "overweight" rating in a research note on Wednesday. Baird R W upgraded shares of Avient to a "hold" rating in a research report on Friday, March 14th. Robert W. Baird assumed coverage on shares of Avient in a report on Friday, March 14th. They issued a "neutral" rating and a $43.00 target price for the company. Deutsche Bank Aktiengesellschaft upped their price target on shares of Avient from $45.00 to $50.00 and gave the company a "buy" rating in a report on Friday, February 14th. Finally, Seaport Res Ptn raised shares of Avient from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Avient has an average rating of "Moderate Buy" and a consensus price target of $48.25.

Avient Trading Down 1.4 %

AVNT stock traded down $0.53 during trading on Friday, hitting $36.80. The company had a trading volume of 483,698 shares, compared to its average volume of 548,170. Avient has a 52-week low of $27.86 and a 52-week high of $54.68. The company has a 50 day simple moving average of $35.54 and a 200-day simple moving average of $41.82. The firm has a market capitalization of $3.37 billion, a P/E ratio of 20.11, a PEG ratio of 1.25 and a beta of 1.38. The company has a quick ratio of 1.42, a current ratio of 1.88 and a debt-to-equity ratio of 0.88.

Avient (NYSE:AVNT - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.01. Avient had a net margin of 5.23% and a return on equity of 10.44%. The firm had revenue of $826.60 million during the quarter, compared to the consensus estimate of $834.90 million. During the same quarter in the previous year, the firm posted $0.76 earnings per share. The company's revenue was down .3% on a year-over-year basis. As a group, research analysts forecast that Avient will post 2.85 earnings per share for the current fiscal year.

Avient Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, March 18th were issued a $0.27 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $1.08 annualized dividend and a dividend yield of 2.93%. Avient's dividend payout ratio is currently 100.93%.

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.