Avient (NYSE:AVNT - Get Free Report) updated its third quarter 2025 earnings guidance on Friday. The company provided EPS guidance of 0.700-0.700 for the period, compared to the consensus EPS estimate of 0.676. The company issued revenue guidance of -. Avient also updated its FY 2025 guidance to 2.770-2.870 EPS.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the company. Robert W. Baird cut their price objective on Avient from $43.00 to $37.00 and set a "neutral" rating on the stock in a research report on Monday. 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 report on Wednesday, May 7th. Finally, Morgan Stanley cut their price objective on Avient from $51.00 to $41.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Avient has an average rating of "Moderate Buy" and an average price target of $45.60.
View Our Latest Stock Analysis on AVNT
Avient Price Performance
Shares of NYSE:AVNT traded up $0.40 during mid-day trading on Tuesday, reaching $34.40. The stock had a trading volume of 449,545 shares, compared to its average volume of 683,282. Avient has a 1 year low of $27.86 and a 1 year high of $54.68. 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 business's 50 day moving average price is $34.36 and its 200 day moving average price is $36.88. The company has a market cap of $3.15 billion, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 1.12 and a beta of 1.38.
Avient (NYSE:AVNT - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.02. Avient had a return on equity of 10.57% and a net margin of 3.65%. The firm had revenue of $866.50 million for the quarter, compared to analysts' expectations of $852.98 million. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The company's quarterly revenue was up 1.9% on a year-over-year basis. Research analysts expect that Avient will post 2.85 EPS for the current fiscal year.
Avient Announces Dividend
The firm also recently disclosed 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. This represents a $1.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, September 12th. Avient's dividend payout ratio is currently 84.38%.
Institutional Investors Weigh In On Avient
Institutional investors have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Avient by 3.7% in 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. Jane Street Group LLC boosted its stake in Avient by 26.7% in the first quarter. Jane Street Group LLC now owns 139,292 shares of the company's stock valued at $5,176,000 after acquiring an additional 29,327 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 worth $1,998,000 after purchasing an additional 2,341 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Avient by 294.8% during the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the company's stock worth $347,000 after purchasing an additional 6,974 shares in the last quarter. 95.48% of the stock is currently owned by institutional investors and hedge funds.
About Avient
(
Get Free Report)
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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