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

Avient Stock Up 1.2%

Avient stock traded up $0.40 during midday trading on Tuesday, hitting $34.40. 449,545 shares of the stock were exchanged, compared to its average volume of 683,282. The company has a 50 day moving average price of $34.36 and a two-hundred day moving average price of $36.88. The firm has a market cap of $3.15 billion, a P/E ratio of 26.86, a P/E/G ratio of 1.12 and a beta of 1.38. Avient has a 1 year low of $27.86 and a 1 year high of $54.68. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.03 and a quick ratio of 1.50.

Avient (NYSE:AVNT - Get Free Report) last released 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. Avient had a net margin of 3.65% and a return on equity of 10.57%. The company had revenue of $866.50 million for the quarter, compared to the consensus estimate of $852.98 million. During the same period in the previous year, the firm earned $0.76 EPS. Avient's revenue was up 1.9% on a year-over-year basis. On average, sell-side analysts predict that Avient will post 2.85 earnings per share for the current fiscal year.

Avient Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Friday, September 12th will be given a dividend of $0.27 per share. 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 3.1%. Avient's payout ratio is presently 84.38%.

Analysts Set New Price Targets

AVNT has been the topic of a number of research analyst reports. Morgan Stanley lowered their price objective 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. Robert W. Baird decreased their target price on shares of Avient from $43.00 to $37.00 and set a "neutral" rating for the company in a research report on Monday. Finally, 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 research report on Wednesday, May 7th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Avient presently has a consensus rating of "Moderate Buy" and an average target price of $45.60.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Royal Bank of Canada increased its holdings in Avient by 1.0% during the first quarter. Royal Bank of Canada now owns 128,730 shares of the company's stock worth $4,782,000 after buying an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Avient by 4.6% in 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. NewEdge Advisors LLC raised its stake in Avient by 294.8% in 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. United Services Automobile Association acquired a new position in Avient in the first quarter valued at about $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Avient by 3.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company's stock worth $11,073,000 after acquiring an additional 10,535 shares in the last quarter. Institutional investors 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.