AVNT Stock Overview
Avient Corporation provides specialized polymer materials, services, and solutions in the United States, Canada, Mexico, Europe, South America, and Asia.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$54.01|
|52 Week High||US$61.46|
|52 Week Low||US$36.69|
|1 Month Change||1.93%|
|3 Month Change||3.25%|
|1 Year Change||26.07%|
|3 Year Change||72.83%|
|5 Year Change||62.73%|
|Change since IPO||476.11%|
Recent News & Updates
Does Avient (NYSE:AVNT) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?
Avient Corporation ( NYSE:AVNT ), is not the largest company out there, but it saw a significant share price rise of...
Avient: Dividend Growth And Capital Appreciation With Plenty Of Upside
AVNT recently pushed its 52-week price point to a new high. The dividend was increased 12% which matches the five-year average increase of 12.1%. Raw material, supply chain risk, and shortage of qualified employees are the primary risk faced by AVNT. Major businesses have made promises to shift their products to 100% recyclable or compostable by 2025, which will increase demand for AVNT services/products.
|AVNT||US Chemicals||US Market|
Return vs Industry: AVNT exceeded the US Chemicals industry which returned 15.3% over the past year.
Return vs Market: AVNT exceeded the US Market which returned 13.7% over the past year.
|AVNT Average Weekly Movement||4.4%|
|Chemicals Industry Average Movement||5.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: AVNT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AVNT's weekly volatility (4%) has been stable over the past year.
About the Company
Avient Corporation provides specialized polymer materials, services, and solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. 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, plastisols, and vinyl slush molding solutions.
Avient Fundamentals Summary
|AVNT fundamental statistics|
Is AVNT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AVNT income statement (TTM)|
|Cost of Revenue||US$3.48b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 08, 2022
|Earnings per share (EPS)||3.01|
|Net Profit Margin||5.96%|
How did AVNT perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Avient undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AVNT ($54.01) is trading below our estimate of fair value ($138.15)
Significantly Below Fair Value: AVNT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AVNT is good value based on its PE Ratio (18x) compared to the US Chemicals industry average (21.8x).
PE vs Market: AVNT is poor value based on its PE Ratio (18x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: AVNT is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: AVNT is overvalued based on its PB Ratio (2.8x) compared to the US Chemicals industry average (2.6x).
How is Avient forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVNT's forecast earnings growth (13.7% per year) is above the savings rate (2%).
Earnings vs Market: AVNT's earnings (13.7% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: AVNT's earnings are forecast to grow, but not significantly.
Revenue vs Market: AVNT's revenue (5.9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: AVNT's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVNT's Return on Equity is forecast to be low in 3 years time (18.8%).
How has Avient performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVNT has high quality earnings.
Growing Profit Margin: AVNT's current net profit margins (6%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: AVNT's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: AVNT's earnings growth over the past year (328.7%) exceeds its 5-year average (0.8% per year).
Earnings vs Industry: AVNT earnings growth over the past year (328.7%) exceeded the Chemicals industry 17.5%.
Return on Equity
High ROE: AVNT's Return on Equity (15.5%) is considered low.
How is Avient's financial position?
Financial Position Analysis
Short Term Liabilities: AVNT's short term assets ($1.8B) exceed its short term liabilities ($961.8M).
Long Term Liabilities: AVNT's short term assets ($1.8B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: AVNT's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: AVNT's debt to equity ratio has reduced from 166.6% to 104.4% over the past 5 years.
Debt Coverage: AVNT's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: AVNT's interest payments on its debt are well covered by EBIT (7.4x coverage).
What is Avient current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVNT's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: AVNT's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: AVNT's dividends per share have been stable in the past 10 years.
Growing Dividend: AVNT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), AVNT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AVNT's dividends in 3 years are forecast to be well covered by earnings (21.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Patterson (48 yo)
Mr. Robert M. Patterson, also known as Bob, has been the Chief Executive Officer and President of Avient Corporation since May 15, 2014 and its Chairman since May 12, 2016. Mr. Patterson serves as Independ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD7.01M) is about average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
Experienced Management: AVNT's management team is seasoned and experienced (6 years average tenure).
Experienced Board: AVNT's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avient Corporation's employee growth, exchange listings and data sources
- Name: Avient Corporation
- Ticker: AVNT
- Exchange: NYSE
- Founded: 1885
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: US$4.941b
- Shares outstanding: 91.49m
- Website: https://www.avient.com
Number of Employees
- Avient Corporation
- 33587 Walker Road
- Avon Lake
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/18 23:50|
|End of Day Share Price||2022/01/18 00:00|
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.