Avient (NYSE:AVNT) Updates FY 2025 Earnings Guidance

Key Points

• Avient has updated its FY 2025 earnings guidance to an expected earnings per share of 2.770-2.870, slightly above the consensus estimate of 2.776.
• The company declared a quarterly dividend of $0.27 per share, with a payout ratio of 100.93%, indicating a commitment to returning value to shareholders despite financial pressures.
• Analysts have mixed opinions on Avient, with ratings ranging from buy to equal weight, and a consensus price target set at $46.80.

Avient (NYSE:AVNT - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.770-2.870 for the period, compared to the consensus earnings per share estimate of 2.776. The company issued revenue guidance of -. Avient also updated its Q3 2025 guidance to 0.700-0.700 EPS.

Analyst Upgrades and Downgrades

A number of research firms have commented on AVNT. Morgan Stanley dropped their price target on shares of Avient from $51.00 to $41.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Wells Fargo & Company boosted their target price on shares of Avient from $39.00 to $42.00 and gave the stock an "overweight" rating in a report on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Avient presently has an average rating of "Moderate Buy" and a consensus price target of $46.80.

Avient Stock Down 0.4%

NYSE AVNT opened at $31.61 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.05 and a quick ratio of 1.51. The company's 50 day simple moving average is $34.44 and its 200 day simple moving average is $37.05. Avient has a 12 month low of $27.86 and a 12 month high of $54.68. The company has a market capitalization of $2.89 billion, a P/E ratio of 29.54, a PEG ratio of 1.07 and a beta of 1.33.

Avient (NYSE:AVNT - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.01. Avient had a net margin of 3.09% and a return on equity of 10.48%. The business had revenue of $826.60 million for the quarter, compared to the consensus estimate of $834.90 million. During the same period in the previous year, the firm earned $0.76 EPS. The business's revenue for the quarter was down .3% on a year-over-year basis. Equities research analysts expect that Avient will post 2.85 earnings per share for the current fiscal year.

Avient Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Friday, September 12th will be issued a dividend of $0.27 per share. The ex-dividend date is Friday, September 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.4%. Avient's payout ratio is currently 100.93%.

Institutional Investors Weigh In On Avient

Large investors have recently made changes to their positions in the company. United Services Automobile Association acquired a new stake in shares of Avient during the first quarter valued at approximately $224,000. NewEdge Advisors LLC grew its position in Avient by 294.8% during the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the company's stock valued at $347,000 after purchasing an additional 6,974 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Avient by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company's stock valued at $1,998,000 after purchasing an additional 2,341 shares in the last quarter. Royal Bank of Canada grew its position in Avient by 1.0% during the first quarter. Royal Bank of Canada now owns 128,730 shares of the company's stock valued at $4,782,000 after purchasing an additional 1,321 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Avient by 26.7% during the first quarter. Jane Street Group LLC now owns 139,292 shares of the company's stock valued at $5,176,000 after purchasing an additional 29,327 shares in the last quarter. Institutional investors and hedge funds own 95.48% of the company's stock.

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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