Avient Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avient in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Avient stock.
View analyst ratings for Avient or view top-rated stocks.

Wall Street analysts have given Avient a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Avient wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Avient saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 958,100 shares, a decline of 20.8% from the June 15th total of 1,210,000 shares. Based on an average trading volume of 363,900 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.1% of the company's stock are sold short.
View Avient's Short Interest.

Avient is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Avient.

Avient Co. (NYSE:AVNT) posted its quarterly earnings data on Thursday, July, 29th. The company reported $0.87 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.06. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.11 billion. Avient had a trailing twelve-month return on equity of 14.75% and a net margin of 5.19%. The business's revenue for the quarter was up 102.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS.
View Avient's earnings history.

Avient declared a quarterly dividend on Wednesday, July 14th. Investors of record on Friday, September 17th will be paid a dividend of $0.213 per share on Thursday, October 7th. This represents a $0.85 annualized dividend and a dividend yield of 1.77%. The ex-dividend date is Thursday, September 16th.
View Avient's dividend history.

Avient pays an annual dividend of $0.85 per share and currently has a dividend yield of 1.75%. Avient does not yet have a strong track record of dividend growth. The dividend payout ratio of Avient is 49.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Avient will have a dividend payout ratio of 25.53% next year. This indicates that Avient will be able to sustain or increase its dividend.
View Avient's dividend history.

Avient issued an update on its FY21 earnings guidance on Friday, July, 30th. The company provided EPS guidance of $3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.89. The company issued revenue guidance of $4.6-$4.7 billion, compared to the consensus revenue estimate of $4.37 billion.

9 brokerages have issued 12-month price targets for Avient's shares. Their forecasts range from $30.00 to $61.00. On average, they expect Avient's share price to reach $50.44 in the next year. This suggests a possible upside of 5.0% from the stock's current price.
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Some companies that are related to Avient include Eastman Chemical (EMN), Hexcel (HXL), Rogers (ROG), Sinopec Shanghai Petrochemical (SHI), Trinseo (TSE), PureCycle Technologies (PCT), Danimer Scientific (DNMR), Kraton (KRA), AdvanSix (ASIX), Cereplast (CERPQ), Hong Yuan Holding Group (HGYN) and ForceField Energy (FNRG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Avient investors own include Advanced Micro Devices (AMD), The Boeing (BA), eHealth (EHTH), GrowGeneration (GRWG), Itron (ITRI), Nikola (NKLA), Sorrento Therapeutics (SRNE), Alaska Air Group (ALK), AAR (AIR) and Airbus (AIR).

Avient trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVNT."

Avient's stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (2.55%), Emerald Advisers LLC (0.79%), New York State Common Retirement Fund (0.78%), RE Advisers Corp (0.25%), Alliancebernstein L.P. (0.24%) and MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income (0.24%). Company insiders that own Avient stock include Cathy Dodd and Michael A Garratt.
View institutional ownership trends for Avient.

AVNT stock was sold by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Emerald Advisers LLC, Cookson Peirce & Co. Inc., Mondrian Investment Partners LTD, State of Michigan Retirement System, RE Advisers Corp, MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, and New York State Common Retirement Fund. Company insiders that have sold Avient company stock in the last year include Cathy Dodd, and Michael A Garratt.
View insider buying and selling activity for Avient or view top insider-selling stocks.

AVNT stock was bought by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Victory Capital Management Inc., Advisors Asset Management Inc., Sheets Smith Wealth Management, Handelsbanken Fonder AB, Harel Insurance Investments & Financial Services Ltd., New Mexico Educational Retirement Board, and Advisor Group Holdings Inc..
View insider buying and selling activity for Avient or or view top insider-buying stocks.

Shares of AVNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AVNT stock can currently be purchased for approximately $48.03.

Avient has a market capitalization of $4.38 billion and generates $3.24 billion in revenue each year. The company earns $131.60 million in net income (profit) each year or $1.73 on an earnings per share basis.

Avient employs 8,400 workers across the globe.

The official website for Avient is www.avient.com.

Avient is headquartered at 33587 Walker Road, Avon Lake OH, 44012.

Avient's mailing address is 33587 Walker Road, Avon Lake OH, 44012. The company can be reached via phone at 440 930 1000 or via email at [email protected]