Avient Corporation (AVNT)
| Market Cap | 3.79B |
| Revenue (ttm) | 3.21B |
| Net Income (ttm) | 591.60M |
| Shares Out | 91.16M |
| EPS (ttm) | 6.43 |
| PE Ratio | 6.47 |
| Forward PE | 16.52 |
| Dividend | $1.03 (2.48%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 614,343 |
| Open | 42.05 |
| Previous Close | 42.31 |
| Day's Range | 41.56 - 42.42 |
| 52-Week Range | 27.73 - 44.74 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 44.50 (+7.05%) |
| Earnings Date | Feb 14, 2024 |
About 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 specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. Its products are used in various markets, including medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportati... [Read more]
Financial Performance
In 2022, Avient's revenue was $3.40 billion, an increase of 2.46% compared to the previous year's $3.32 billion. Earnings were $703.10 million, an increase of 204.64%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for AVNT stock is "Buy." The 12-month stock price forecast is $44.5, which is an increase of 7.05% from the latest price.
News
Avient Appoints Ashish K. Khandpur as Chief Executive Officer Effective December 1, 2023
Robert M. Patterson to Remain in an Advisory Role Until His Retirement on May 31, 2024 Richard H. Fearon Appointed Non-Executive Chairman of the Board CLEVELAND , Nov. 13, 2023 /PRNewswire/ -- Avient...
Avient Announces Third Quarter 2023 Results
GAAP EPS of $0.06 includes special items primarily related to environmental costs and amortization expense. Adjusted EPS of $0.57 exceeds guidance of $0.56 as a result of favorable margins and reduced...
Avient Announces Thirteenth Consecutive Annual Dividend Increase
CLEVELAND , Oct. 12, 2023 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash...
Avient To Hold Third Quarter 2023 Conference Call
CLEVELAND , Oct. 6, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its third quarter 2023 earnings befor...
Avient Announces Registration Details for 2023 Sustainability Day
CLEVELAND , Aug. 28, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has announced registration details for a virtual Sustai...
Avient Announces Debt Paydown and Term Loan Refinancing
CLEVELAND , Aug. 17, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable solutions, today announced that it has successfully completed the repricing...
X-energy Announces Appointment of Gregory J. Goff to Board of Directors
ROCKVILLE, Md.--(BUSINESS WIRE)--X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy genera...
Avient Announces Second Quarter 2023 Results
GAAP EPS of $0.24 includes special items and amortization expense Adjusted EPS of $0.63 exceeded guidance of $0.60, driven by better-than-projected margins in both segments Full year adjusted EPS guid...
Avient Announces Quarterly Dividend
CLEVELAND , July 13, 2023 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash...
Avient To Hold Second Quarter 2023 Conference Call
CLEVELAND , June 20, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its second quarter 2023 earnings bef...
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Avient Announces First Quarter 2023 Results
First quarter sales of $846 million in line with guidance GAAP EPS of $0.23 includes special items primarily related to restructuring costs as detailed in Attachment 3 Adjusted EPS of $0.63 exceeded g...
Avient To Hold First Quarter 2023 Conference Call
CLEVELAND , April 5, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its first quarter 2023 earnings befo...
Avient Announces Fourth Quarter and Full Year 2022 Results
Fourth quarter and full year GAAP EPS from continuing operations of $(0.19) and $0.90 Fourth quarter and full year adjusted EPS from continuing operations of $0.39 and $2.69 exceeds prior guidance of ...
Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient
Daily Dividend Report: Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient
Avient To Hold Fourth Quarter 2022 Conference Call
CLEVELAND , Jan. 6, 2023 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its fourth quarter 2022 earnings befo...
Avient Announces Third Quarter 2022 Results
Completed the acquisition of DSM Protective Materials (including Dyneema®) on September 1 st and the sale of the Distribution business on November 1 st $750 million of after-tax proceeds from the sale...
Avient Completes Sale of Distribution Business to H.I.G. Capital
CLEVELAND , Nov. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of specialized and sustainable material solutions, today announced it has completed the previously a...
Avient Announces Twelfth Consecutive Annual Increase in Quarterly Dividend
CLEVELAND , Oct. 13, 2022 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash...
Avient To Hold Third Quarter 2022 Conference Call
CLEVELAND , Oct. 11, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its third quarter 2022 earnings befo...
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Avient Updates Third Quarter and Full Year 2022 Forecast
Completed acquisition of DSM's Protective Materials business (including the Dyneema® brand) on September 1st and announced the agreement to sell the Distribution segment on August 12th. The Distributi...
Avient Completes Acquisition of DSM Protective Materials (Dyneema®)
CLEVELAND , Sept. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has completed its purchase of the protective materials ...
Avient to sell its distribution business for $950 million in cash, after 'competitive' sale process
Avient Corp. AVNT, -1.73% announced Friday a deal to sell its distribution business for $950 million in cash to an affiliate of private equity firm H.I.G. Capital. The polymer materials and liquid col...