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Avient NYSE:AVNT Stock Report

Last Price

US$45.92

Market Cap

US$4.3b

7D

-6.9%

1Y

13.1%

Updated

17 Dec, 2024

Data

Company Financials +

Avient Corporation

NYSE:AVNT Stock Report

Market Cap: US$4.3b

AVNT Stock Overview

Operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. More details

AVNT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health3/6
Dividends5/6

Rewards

Trading at 22.6% below our estimate of its fair value

Earnings are forecast to grow 20.36% per year

Earnings grew by 380.6% over the past year

Pays a reliable dividend of 2.35%

Analysts in good agreement that stock price will rise by 28.5%

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 5 Analysts

Organizational Changes Will Expand Market Reach In Asia And Latin America

Key Takeaways Organizational changes and leadership roles are expected to enhance innovation, agility, and geographic market expansion, potentially driving future revenue and earnings growth. Strategic compensation alignment aims to improve net margins through employee performance focused on profitable growth in high-growth markets like consumer health care and packaging.
View narrative
US$58.20
FV
21.1% undervalued intrinsic discount
4.80%
Revenue growth p.a.
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6 days ago author updated this narrative

Avient Corporation Competitors

H.B. Fuller

NYSE:FUL

US$4.0b

Ashland

NYSE:ASH

US$3.5b

NewMarket

NYSE:NEU

US$5.3b

Sensient Technologies

NYSE:SXT

US$3.3b

Price History & Performance

Summary of share price highs, lows and changes for Avient
Historical stock prices
Current Share PriceUS$45.92
52 Week HighUS$54.68
52 Week LowUS$35.50
Beta1.5
1 Month Change-9.32%
3 Month Change-3.59%
1 Year Change13.08%
3 Year Change-14.41%
5 Year Change24.07%
Change since IPO389.81%

Recent News & Updates

Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Nov 18
Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Avient: Specialization Strategy Is Growing Margins And Driving The Bottom-Line Growth

Nov 13

Recent updates

Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Nov 18
Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Avient: Specialization Strategy Is Growing Margins And Driving The Bottom-Line Growth

Nov 13

Avient's (NYSE:AVNT) Dividend Will Be Increased To $0.27

Nov 02
Avient's (NYSE:AVNT) Dividend Will Be Increased To $0.27

Avient (NYSE:AVNT) Seems To Use Debt Quite Sensibly

Sep 26
Avient (NYSE:AVNT) Seems To Use Debt Quite Sensibly

A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)

Aug 03
A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)

Why Avient Corporation (NYSE:AVNT) Could Be Worth Watching

Jul 02
Why Avient Corporation (NYSE:AVNT) Could Be Worth Watching

With Avient Corporation (NYSE:AVNT) It Looks Like You'll Get What You Pay For

Jun 14
With Avient Corporation (NYSE:AVNT) It Looks Like You'll Get What You Pay For

Avient (NYSE:AVNT) Takes On Some Risk With Its Use Of Debt

May 03
Avient (NYSE:AVNT) Takes On Some Risk With Its Use Of Debt

Is Avient Corporation (NYSE:AVNT) Worth US$41.3 Based On Its Intrinsic Value?

Apr 15
Is Avient Corporation (NYSE:AVNT) Worth US$41.3 Based On Its Intrinsic Value?

Avient: Growth Opportunities And New CEO

Feb 28

What Does Avient Corporation's (NYSE:AVNT) Share Price Indicate?

Feb 20
What Does Avient Corporation's (NYSE:AVNT) Share Price Indicate?

Risks To Shareholder Returns Are Elevated At These Prices For Avient Corporation (NYSE:AVNT)

Feb 05
Risks To Shareholder Returns Are Elevated At These Prices For Avient Corporation (NYSE:AVNT)

Is Avient (NYSE:AVNT) A Risky Investment?

Dec 26
Is Avient (NYSE:AVNT) A Risky Investment?

Avient Corporation's (NYSE:AVNT) Intrinsic Value Is Potentially 80% Above Its Share Price

Dec 11
Avient Corporation's (NYSE:AVNT) Intrinsic Value Is Potentially 80% Above Its Share Price

Avient (NYSE:AVNT) Is Paying Out A Larger Dividend Than Last Year

Nov 04
Avient (NYSE:AVNT) Is Paying Out A Larger Dividend Than Last Year

Avient Corporation: Long-Term Prospects Remain Encouraging Despite Risks

Oct 24

Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2575

Oct 17
Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2575

When Should You Buy Avient Corporation (NYSE:AVNT)?

Oct 03
When Should You Buy Avient Corporation (NYSE:AVNT)?

Avient: Weaker Demand Creates Uncertainties

Aug 12

A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)

Aug 03
A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)

Here's Why Avient (NYSE:AVNT) Has A Meaningful Debt Burden

Jul 11
Here's Why Avient (NYSE:AVNT) Has A Meaningful Debt Burden

Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Jun 23
Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Is Avient Corporation (NYSE:AVNT) Trading At A 43% Discount?

Apr 14
Is Avient Corporation (NYSE:AVNT) Trading At A 43% Discount?

Is Avient (NYSE:AVNT) Using Too Much Debt?

Mar 26
Is Avient (NYSE:AVNT) Using Too Much Debt?

When Should You Buy Avient Corporation (NYSE:AVNT)?

Mar 02
When Should You Buy Avient Corporation (NYSE:AVNT)?

Avient declares $0.2475 dividend

Feb 13

Avient Corporation (NYSE:AVNT) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jan 06
Avient Corporation (NYSE:AVNT) Shares Could Be 42% Below Their Intrinsic Value Estimate

Avient: A Transformed Business With High Resiliency

Jan 03

These 4 Measures Indicate That Avient (NYSE:AVNT) Is Using Debt Extensively

Dec 19
These 4 Measures Indicate That Avient (NYSE:AVNT) Is Using Debt Extensively

Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 29
Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year

When Should You Buy Avient Corporation (NYSE:AVNT)?

Nov 25
When Should You Buy Avient Corporation (NYSE:AVNT)?

Shareholder Returns

AVNTUS ChemicalsUS Market
7D-6.9%-3.0%0.1%
1Y13.1%-0.09%26.1%

Return vs Industry: AVNT exceeded the US Chemicals industry which returned 1.1% over the past year.

Return vs Market: AVNT underperformed the US Market which returned 27.3% over the past year.

Price Volatility

Is AVNT's price volatile compared to industry and market?
AVNT volatility
AVNT Average Weekly Movement3.8%
Chemicals Industry Average Movement5.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: AVNT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AVNT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,300Ashish Khandpurwww.avient.com

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.

Avient Corporation Fundamentals Summary

How do Avient's earnings and revenue compare to its market cap?
AVNT fundamental statistics
Market capUS$4.28b
Earnings (TTM)US$149.00m
Revenue (TTM)US$3.21b

28.2x

P/E Ratio

1.3x

P/S Ratio

Is AVNT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVNT income statement (TTM)
RevenueUS$3.21b
Cost of RevenueUS$2.15b
Gross ProfitUS$1.06b
Other ExpensesUS$912.60m
EarningsUS$149.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.63
Gross Margin33.04%
Net Profit Margin4.64%
Debt/Equity Ratio86.9%

How did AVNT perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

63%

Payout Ratio

Does AVNT pay a reliable dividends?

See AVNT dividend history and benchmarks
When do you need to buy AVNT by to receive an upcoming dividend?
Avient dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 08 2025
Days until Ex dividend5 days
Days until Dividend pay date21 days

Does AVNT pay a reliable dividends?

See AVNT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 07:39
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avient Corporation is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Frank MitschBB&T Capital Markets
Dmitry SilversteynBuckingham Research Group Inc.