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NYSE:AVNT

Avient (AVNT) Stock Price, News & Analysis

$45.44
+0.49 (+1.09%)
(As of 07/26/2024 ET)
Today's Range
$44.82
$45.70
50-Day Range
$41.57
$46.74
52-Week Range
$27.73
$47.87
Volume
343,239 shs
Average Volume
521,584 shs
Market Capitalization
$4.15 billion
P/E Ratio
39.51
Dividend Yield
2.27%
Price Target
$46.20

Avient MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
1.7% Upside
$46.20 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.16
Upright™ Environmental Score
News Sentiment
1.16mentions of Avient in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.56%
From $2.61 to $2.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Basic Materials Sector

55th out of 175 stocks

Plastics Materials & Resins Industry

7th out of 11 stocks

AVNT stock logo

About Avient Stock (NYSE:AVNT)

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. Its products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.

AVNT Stock Price History

AVNT Stock News Headlines

Avient Announces Quarterly Dividend
“Generational Bull Run” Incoming
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Avient Announces Quarterly Dividend
625,000% Gain
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Avient: Q1 Earnings Snapshot
Avient Announces First Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 7/10 Dividend
6/21/2024
Dividend Payable
7/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
N/A
Employees
9,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.20
High Stock Price Target
$53.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+1.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$75.70 million
Pretax Margin
3.99%

Debt

Sales & Book Value

Annual Sales
$3.13 billion
Cash Flow
$4.53 per share
Book Value
$25.65 per share

Miscellaneous

Free Float
89,539,000
Market Cap
$4.15 billion
Optionable
Optionable
Beta
1.47
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AVNT Stock Analysis - Frequently Asked Questions

How have AVNT shares performed this year?

Avient's stock was trading at $41.57 at the beginning of 2024. Since then, AVNT shares have increased by 9.3% and is now trading at $45.44.
View the best growth stocks for 2024 here
.

How were Avient's earnings last quarter?

Avient Co. (NYSE:AVNT) released its quarterly earnings results on Tuesday, May, 7th. The company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.07. Avient's revenue for the quarter was down 2.0% on a year-over-year basis.

Who are Avient's major shareholders?

Top institutional investors of Avient include Allspring Global Investments Holdings LLC (4.37%), Bank of New York Mellon Corp (1.25%), Assenagon Asset Management S.A. (0.39%) and Ceredex Value Advisors LLC (0.33%). Insiders that own company stock include Robert M Patterson, Joel R Rathbun and Lisa K Kunkle.
View institutional ownership trends
.

How do I buy shares of Avient?

Shares of AVNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Avient own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Avient investors own include Advanced Micro Devices (AMD), Boeing (BA), eHealth (EHTH), GrowGeneration (GRWG), Itron (ITRI), Nikola (NKLA) and Sorrento Therapeutics (SRNE).

This page (NYSE:AVNT) was last updated on 7/27/2024 by MarketBeat.com Staff

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