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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
NOTICE: Your retirement is in immediate danger (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
NOTICE: Your retirement is in immediate danger (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
NOTICE: Your retirement is in immediate danger (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
NOTICE: Your retirement is in immediate danger (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
NOTICE: Your retirement is in immediate danger (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
NOTICE: Your retirement is in immediate danger (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default

Avient (AVNT) Stock Forecast, Price & News

$38.05
+0.32 (+0.85%)
(As of 05/26/2023 ET)
Compare
Today's Range
$37.57
$38.18
50-Day Range
$37.00
$41.16
52-Week Range
$27.65
$52.37
Volume
234,827 shs
Average Volume
395,935 shs
Market Capitalization
$3.47 billion
P/E Ratio
5.43
Dividend Yield
2.60%
Price Target
$48.00

Avient MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
26.1% Upside
$48.00 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.56
Upright™ Environmental Score
News Sentiment
0.58mentions of Avient in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
22.73%
From $2.42 to $2.97 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Basic Materials Sector

46th out of 161 stocks

Plastics Materials & Resins Industry

5th out of 11 stocks


AVNT stock logo

About Avient (NYSE:AVNT) Stock

Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers, and silicone colorants. It operates through the Color, Additives and Inks and Specialty Engineered Materials segments. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, specialty inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.

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AVNT Stock News Headlines

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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Brokerages Set Avient Co. (NYSE:AVNT) Price Target at $48.00
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Avient Announces First Quarter 2023 Results
Avient (AVNT) to Release Quarterly Earnings on Tuesday
Avient To Hold First Quarter 2023 Conference Call
See More Headlines
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AVNT Company Calendar

Ex-Dividend for 4/6 Dividend
3/13/2023
Dividend Payable
4/06/2023
Last Earnings
5/03/2023
Today
5/27/2023
Ex-Dividend for 7/7 Dividend
6/15/2023
Dividend Payable
7/07/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
N/A
Employees
9,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$48.00
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+26.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$703.10 million
Pretax Margin
0.22%

Debt

Sales & Book Value

Annual Sales
$3.40 billion
Cash Flow
$4.94 per share
Book Value
$26.01 per share

Miscellaneous

Free Float
89,360,000
Market Cap
$3.47 billion
Optionable
Optionable
Beta
1.53

Key Executives

  • Robert M. Patterson
    Chairman, President & Chief Executive Officer
  • M. John Midea
    Senior VP-Global Operations & Process Improvement
  • Jamie A. Beggs
    Chief Financial Officer & Senior Vice President
  • Brian Schilf
    Chief Information Officer & Vice President
  • Robert Vinod Purayath
    Chief Technology Officer & Senior Vice President













AVNT Stock - Frequently Asked Questions

Should I buy or sell Avient stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avient in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AVNT shares.
View AVNT analyst ratings
or view top-rated stocks.

What is Avient's stock price forecast for 2023?

6 Wall Street analysts have issued 12-month price targets for Avient's stock. Their AVNT share price forecasts range from $35.00 to $70.00. On average, they expect the company's share price to reach $48.00 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
View analysts price targets for AVNT
or view top-rated stocks among Wall Street analysts.

How have AVNT shares performed in 2023?

Avient's stock was trading at $33.76 on January 1st, 2023. Since then, AVNT stock has increased by 12.7% and is now trading at $38.05.
View the best growth stocks for 2023 here
.

Are investors shorting Avient?

Avient saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,480,000 shares, an increase of 14.7% from the April 30th total of 1,290,000 shares. Based on an average daily volume of 446,100 shares, the short-interest ratio is currently 3.3 days. Currently, 1.7% of the shares of the stock are sold short.
View Avient's Short Interest
.

When is Avient's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our AVNT earnings forecast
.

How were Avient's earnings last quarter?

Avient Co. (NYSE:AVNT) announced its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.08. The firm earned $845.70 million during the quarter, compared to the consensus estimate of $843.16 million. Avient had a trailing twelve-month return on equity of 11.50% and a net margin of 16.98%. The firm's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period last year, the company earned $0.99 EPS.

How often does Avient pay dividends? What is the dividend yield for Avient?

Avient declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, June 16th will be given a dividend of $0.2475 per share on Friday, July 7th. This represents a $0.99 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Thursday, June 15th.
Read our dividend analysis for AVNT
.

Is Avient a good dividend stock?

Avient (NYSE:AVNT) pays an annual dividend of $0.99 per share and currently has a dividend yield of 2.62%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AVNT will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVNT.

What guidance has Avient issued on next quarter's earnings?

Avient updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.60-$0.60 for the period, compared to the consensus earnings per share estimate of $0.61. The company issued revenue guidance of $845.00 million-$845.00 million, compared to the consensus revenue estimate of $874.21 million.

What other stocks do shareholders of Avient own?

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

What is Avient's stock symbol?

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

Who are Avient's major shareholders?

Avient's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.08%), Marquard & Bahls AG (4.73%), Allspring Global Investments Holdings LLC (4.56%), State Street Corp (4.13%), Ameriprise Financial Inc. (3.08%) and Franklin Resources Inc. (2.66%). Insiders that own company stock include Cathy Dodd, Lisa K Kunkle and Michael A Garratt.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Avient's stock price today?

One share of AVNT stock can currently be purchased for approximately $38.05.

How much money does Avient make?

Avient (NYSE:AVNT) has a market capitalization of $3.47 billion and generates $3.40 billion in revenue each year. The company earns $703.10 million in net income (profit) each year or $7.01 on an earnings per share basis.

How many employees does Avient have?

The company employs 9,700 workers across the globe.

How can I contact Avient?

Avient's mailing address is 33587 Walker Road, Avon Lake OH, 44012. The official website for the company is www.avient.com. The company can be reached via phone at (440) 930-1000, via email at giuseppe.disalvo@polyone.com, or via fax at 440-930-3064.

This page (NYSE:AVNT) was last updated on 5/27/2023 by MarketBeat.com Staff

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