AVNT RSI Chart
Last 7 days
1.3%
Last 30 days
9.3%
Last 90 days
18.4%
Trailing 12 Months
16.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.1B | 0 | 0 | 0 |
2023 | 3.4B | 3.3B | 3.2B | 3.1B |
2022 | 3.4B | 3.1B | 3.1B | 3.4B |
2021 | 3.7B | 4.3B | 4.2B | 3.7B |
2020 | 2.8B | 2.7B | 2.9B | 3.2B |
2019 | 2.9B | 2.9B | 2.9B | 2.9B |
2018 | 2.7B | 2.8B | 2.8B | 2.9B |
2017 | 2.8B | 2.7B | 2.6B | 2.6B |
2016 | 3.2B | 3.1B | 3.0B | 2.9B |
2015 | 3.7B | 3.6B | 3.5B | 3.4B |
2014 | 4.0B | 3.9B | 3.9B | 3.8B |
2013 | 2.9B | 3.2B | 3.5B | 3.8B |
2012 | 2.8B | 2.8B | 2.8B | 2.9B |
2011 | 2.7B | 2.7B | 2.7B | 2.7B |
2010 | 2.2B | 2.3B | 2.5B | 2.6B |
2009 | 0 | 0 | 0 | 2.1B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 29, 2024 | mink kim ann | acquired | - | - | 808 | - |
Mar 29, 2024 | preete kerry j | acquired | - | - | 808 | - |
Mar 29, 2024 | nicolas ernest | acquired | - | - | 808 | - |
Mar 29, 2024 | goff gregory james | acquired | - | - | 808 | - |
Mar 29, 2024 | wulfsohn william a | acquired | - | - | 808 | - |
Mar 29, 2024 | verduin patricia | acquired | - | - | 808 | - |
Mar 29, 2024 | green neil | acquired | - | - | 404 | - |
Mar 29, 2024 | jellison william r | acquired | - | - | 808 | - |
Mar 29, 2024 | fearon richard h | acquired | - | - | 808 | - |
Mar 29, 2024 | abernathy robert e | acquired | - | - | 808 | - |
Which funds bought or sold AVNT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | reduced | -3.05 | 98,927 | 8,195,270 | 0.04% |
May 16, 2024 | Tidal Investments LLC | added | 2.05 | 34,332 | 558,862 | 0.01% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.19 | -40,374 | 3,952,130 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -66.03 | -1,566,550 | 861,012 | -% |
May 15, 2024 | Teza Capital Management LLC | added | 12.81 | 49,090 | 325,240 | 0.04% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -20.36 | -1,327,560 | 6,547,580 | -% |
May 15, 2024 | LUMINUS MANAGEMENT LLC | new | - | 5,717,950 | 5,717,950 | 2.60% |
May 15, 2024 | Cetera Advisor Networks LLC | reduced | -11.88 | -24,021 | 276,198 | -% |
May 15, 2024 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | unchanged | - | 658 | 15,624 | -% |
May 15, 2024 | SILVERCREST ASSET MANAGEMENT GROUP LLC | reduced | -12.3 | -4,367,670 | 47,417,600 | 0.32% |
Unveiling Avient Corporation's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Avient Corporation)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APD | 58.5B | 12.2B | 23.67 | 4.81 | ||||
DOW | 41.7B | 43.5B | 32.86 | 0.96 | ||||
CE | 17.2B | 10.7B | 8.64 | 1.61 | ||||
AVTR | 17.0B | 6.9B | 65.29 | 2.47 | ||||
ALB | 15.4B | 8.4B | 45.68 | 1.84 | ||||
EMN | 11.8B | 9.1B | 12.77 | 1.3 | ||||
MID-CAP | ||||||||
CBT | 5.7B | 3.9B | 12.68 | 1.45 | ||||
BCPC | 5.1B | 929.6M | 44 | 5.44 | ||||
AVNT | 4.2B | 3.1B | 40.01 | 1.34 | ||||
ARCH | 2.9B | 3.0B | 9.11 | 0.99 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 667.0M | 1.5B | 293.44 | 0.45 | ||||
CMT | 172.0M | 336.4M | 9.44 | 0.51 | ||||
AREC | 103.7M | 16.7M | -8.76 | 6.19 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Avient Corporation News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 15.3% | 829 | 719 | 754 | 824 | 846 | 790 | 823 | 891 | 892 | 454 | 818 | 1,235 | 1,162 | 997 | 925 | 609 | 712 | 659 | 705 | 748 | 751 |
Gross Profit | 33.2% | 278 | 209 | 195 | 241 | 248 | 172 | 195 | 261 | 254 | 177 | 216 | 289 | 302 | 253 | 210 | 150 | 172 | 153 | 161 | 175 | 168 |
S&GA Expenses | 11.1% | 184 | 166 | 161 | 178 | 191 | 172 | 155 | 161 | 152 | 153 | 163 | 181 | 182 | 141 | 177 | 112 | 119 | 133 | 117 | 129 | 121 |
EBITDA Margin | 22.6% | 0.06* | 0.05* | 0.01* | 0.00* | 0.01* | 0.03* | 0.07* | 0.09* | 0.08* | 0.08* | 0.06* | 0.05* | 0.04* | 0.03* | 0.04* | 0.06* | 0.05* | 0.05* | - | - | - |
Interest Expenses | 0.7% | -26.60 | -26.80 | -30.30 | -29.40 | -28.80 | -49.40 | -37.30 | -16.20 | -16.90 | -17.40 | -19.00 | -19.50 | -19.30 | -19.20 | -29.70 | -16.20 | -9.40 | -11.90 | -15.50 | -16.20 | -15.90 |
Income Taxes | 340.0% | 17.00 | -7.00 | -0.10 | 10.00 | 8.00 | -60.80 | -1.20 | 23.00 | 20.00 | 13.00 | 2.00 | 20.00 | 23.00 | -34.20 | 3.00 | 8.00 | 12.00 | 13.00 | 5.00 | 7.00 | 9.00 |
Earnings Before Taxes | 222.8% | 67.00 | 21.00 | 5.00 | 33.00 | 29.00 | -77.40 | -29.00 | 86.00 | 85.00 | 2.00 | 35.00 | 90.00 | 103 | -20.50 | 5.00 | 31.00 | 45.00 | 19.00 | 28.00 | 31.00 | 31.00 |
EBT Margin | 43.7% | 0.04* | 0.03* | 0.00* | -0.01* | 0.00* | 0.02* | 0.05* | 0.07* | 0.06* | 0.06* | 0.05* | 0.04* | 0.03* | 0.02* | 0.03* | 0.05* | 0.04* | 0.04* | - | - | - |
Net Income | 74.9% | 49.00 | 28.00 | 5.00 | 22.00 | 20.00 | 544 | -10.30 | 85.00 | 85.00 | 29.00 | 53.00 | 69.00 | 80.00 | 74.00 | 2.00 | 23.00 | 33.00 | 465 | 43.00 | 42.00 | 38.00 |
Net Income Margin | 38.9% | 0.03* | 0.02* | 0.18* | 0.18* | 0.19* | 0.21* | 0.06* | 0.08* | 0.07* | 0.06* | 0.07* | 0.05* | 0.05* | 0.04* | 0.18* | 0.21* | 0.21* | 0.21* | - | - | - |
Free Cashflow | -161.0% | -67.20 | 110 | 43.00 | -28.10 | -42.50 | 124 | 96.00 | 67.00 | 6.00 | 86.00 | 21.00 | 39.00 | -12.90 | 128 | -24.60 | 79.00 | -23.90 | 68.00 | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.5% | 5,876 | 5,969 | 5,790 | 6,052 | 6,111 | 6,085 | 6,307 | 5,044 | 5,047 | 4,997 | 5,011 | 5,047 | 4,909 | 4,871 | 4,710 | 4,337 | 3,743 | 3,273 | 2,946 | 2,931 | 2,962 |
Current Assets | -1.2% | 1,391 | 1,408 | 1,364 | 1,511 | 1,564 | 1,570 | 1,988 | 2,020 | 1,930 | 1,827 | 1,849 | 1,858 | 1,716 | 1,602 | 1,498 | 2,583 | 1,991 | 1,513 | 1,174 | 1,020 | 1,035 |
Cash Equivalents | -18.6% | 444 | 546 | 440 | 529 | 583 | 641 | 544 | 645 | 563 | 601 | 545 | 616 | 595 | 650 | 577 | 1,977 | 1,280 | 865 | 200 | 126 | 108 |
Inventory | 2.0% | 354 | 347 | 350 | 359 | 372 | 373 | 442 | 494 | 475 | 306 | 477 | 413 | 357 | 328 | 311 | 242 | 271 | 261 | 282 | 353 | 375 |
Net PPE | -0.7% | 1,022 | 1,029 | 978 | 1,007 | 1,046 | 1,049 | 965 | 639 | 662 | 672 | 670 | 680 | 676 | 695 | 675 | 401 | 401 | 407 | 386 | 499 | 497 |
Goodwill | -1.1% | 1,700 | 1,719 | 1,681 | 1,706 | 1,690 | 1,672 | 1,491 | 1,257 | 1,283 | 1,285 | 1,294 | 22.00 | 1,282 | 1,307 | 1,280 | 569 | 684 | 686 | 683 | 697 | 706 |
Current Liabilities | -5.4% | 732 | 774 | 727 | 777 | 837 | 869 | 1,556 | 1,571 | 1,560 | 941 | 962 | 934 | 864 | 801 | 769 | 624 | 688 | 703 | 626 | 607 | 570 |
Long Term Debt | -0.1% | 2,069 | 2,071 | 2,071 | 2,179 | 2,178 | 2,177 | 2,503 | 1,249 | 1,250 | 1,850 | 1,851 | 1,852 | 1,853 | 1,854 | 1,855 | 1,850 | 1,210 | 1,211 | 1,406 | 1,393 | 1,441 |
LT Debt, Current | 1.1% | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 614 | 608 | 608 | 9.00 | 9.00 | 19.00 | 19.00 | 19.00 | 19.00 | 18.00 | 18.00 | 18.00 | 19.00 | 19.00 | 19.00 |
LT Debt, Non Current | -100.0% | - | 2,071 | 2,071 | 2,179 | 2,178 | 2,177 | 2,503 | 1,249 | 1,250 | 1,850 | 1,851 | 1,852 | 1,853 | 1,854 | 1,855 | 1,850 | 1,210 | 1,211 | 1,406 | 1,393 | 1,441 |
Shareholder's Equity | 0.8% | 2,338 | 2,319 | 2,277 | 2,354 | 2,369 | 2,335 | 1,736 | 1,826 | 1,829 | 1,791 | 1,785 | 1,786 | 1,722 | 1,712 | 1,611 | 1,552 | 1,538 | 1,053 | 592 | 571 | 569 |
Retained Earnings | -100.0% | - | 1,808 | - | - | - | 1,824 | - | - | - | 1,208 | - | - | - | 1,057 | - | - | - | 1,001 | - | - | - |
Additional Paid-In Capital | -100.0% | - | 1,530 | - | - | - | 1,521 | - | - | - | 1,512 | - | - | - | 1,513 | - | - | - | 1,175 | - | - | - |
Shares Outstanding | 0.2% | 91.00 | 91.00 | 91.00 | 91.00 | 91.00 | 91.00 | 91.00 | 91.00 | 92.00 | 91.00 | 91.00 | 91.00 | 91.00 | 90.00 | 92.00 | 89.00 | 86.00 | 77.00 | - | - | - |
Minority Interest | -12.2% | 17.00 | 19.00 | 19.00 | 19.00 | 19.00 | 18.00 | 16.00 | 16.00 | 16.00 | 16.00 | 17.00 | 18.00 | 15.00 | 15.00 | 14.00 | 0.00 | - | 1.00 | 1.00 | 1.00 | 1.00 |
Float | - | - | - | - | 3,700 | - | - | - | 3,600 | - | - | - | 4,500 | - | - | - | 2,400 | - | - | - | 2,400 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -127.7% | -42,800 | 154,500 | 71,800 | -2,500 | -22,200 | 174,500 | 117,200 | 87,800 | 18,900 | 123,800 | 41,900 | 64,500 | 3,600 | 152,900 | -7,300 | 88,800 | -12,800 | 102,200 | 99,200 | 124,100 | -24,700 |
Share Based Compensation | -5.7% | 3,300 | 3,500 | 3,200 | 3,300 | 3,200 | 3,700 | 3,200 | 3,100 | 3,200 | 2,800 | 2,800 | 2,900 | 2,700 | 4,200 | 1,400 | 3,600 | 2,100 | 2,900 | 3,000 | 3,200 | 2,500 |
Cashflow From Investing | 14.9% | -24,500 | -28,800 | -26,800 | -25,600 | -13,000 | 883,900 | -1,429,000 | 54,400 | -13,300 | -37,900 | -68,200 | -25,600 | -18,500 | -62,600 | -1,360,000 | -10,200 | 1,200 | 774,100 | -20,000 | -14,300 | -127,900 |
Cashflow From Financing | -9.3% | -28,100 | -25,700 | -127,700 | -22,700 | -25,600 | -971,700 | 1,226,500 | -44,600 | -43,800 | -23,100 | -39,900 | -22,500 | -29,100 | -29,500 | -38,300 | 618,900 | 430,900 | -212,500 | -1,300 | -91,500 | 87,000 |
Dividend Payments | 4.0% | 23,500 | 22,600 | 22,600 | 22,500 | 22,500 | 21,600 | 21,700 | 21,800 | 21,700 | 19,500 | 19,400 | 19,300 | 19,500 | 18,500 | 18,500 | 18,700 | 15,600 | 14,600 | 15,000 | 15,100 | 15,600 |
Buy Backs | - | - | - | - | - | - | - | - | 20,600 | 15,800 | - | - | - | 4,200 | 8,800 | - | - | 13,600 | - | - | 26,900 | - |
Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Sales | $ 829.0 | $ 845.7 |
Cost of sales | 550.8 | 598.1 |
Gross margin | 278.2 | 247.6 |
Selling and administrative expense | 184.2 | 190.5 |
Operating income | 94.0 | 57.1 |
Interest expense, net | (26.6) | (28.8) |
Other (expense) income, net | (0.9) | 0.7 |
Income from continuing operations before income taxes | 66.5 | 29.0 |
Income tax expense | (16.8) | (7.7) |
Net income from continuing operations | 49.7 | 21.3 |
Loss from discontinued operations, net of income taxes | 0.0 | (0.9) |
Net income | 49.7 | 20.4 |
Net income attributable to noncontrolling interests | (0.3) | (0.5) |
Net income attributable to Avient common shareholders | $ 49.4 | $ 19.9 |
Earnings (loss) per share attributable to Avient common shareholders - Basic | ||
Continuing operations (in USD per share) | $ 0.54 | $ 0.23 |
Discontinued operations (in USD per share) | 0 | (0.01) |
Total (in USD per share) | 0.54 | 0.22 |
Earnings (loss) per share attributable to Avient common shareholders - Diluted | ||
Continuing operations (in USD per share) | 0.54 | 0.23 |
Discontinued operations (in USD per share) | 0 | (0.01) |
Total (in USD per share) | $ 0.54 | $ 0.22 |
Weighted-average shares used to compute earnings per common share: | ||
Basic (in shares) | 91.2 | 91.0 |
Plus dilutive impact of share-based compensation (in shares) | 0.8 | 0.8 |
Diluted (in shares) | 92.0 | 91.8 |
Anti-dilutive shares not included in diluted common shares outstanding (in shares) | 1.1 | 0.5 |
Cash dividends declared per share of common stock (in USD per share) | $ 0.2575 | $ 0.2475 |
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 444.3 | $ 545.8 |
Accounts receivable, net | 475.3 | 399.9 |
Inventories, net | 354.0 | 347.0 |
Other current assets | 117.1 | 114.9 |
Total current assets | 1,390.7 | 1,407.6 |
Property, net | 1,021.7 | 1,028.9 |
Goodwill | 1,700.1 | 1,719.3 |
Intangible assets, net | 1,546.5 | 1,590.8 |
Other non-current assets | 217.1 | 221.9 |
Total assets | 5,876.1 | 5,968.5 |
Current liabilities: | ||
Short-term and current portion of long-term debt | 9.6 | 9.5 |
Accounts payable | 428.3 | 432.3 |
Accrued expenses and other current liabilities | 294.2 | 331.8 |
Total current liabilities | 732.1 | 773.6 |
Non-current liabilities: | ||
Long-term debt | 2,069.4 | 2,070.5 |
Pension and other post-retirement benefits | 66.3 | 67.2 |
Deferred income taxes | 280.0 | 281.6 |
Other non-current liabilities | 390.5 | 437.6 |
Total non-current liabilities | 2,806.2 | 2,856.9 |
SHAREHOLDERS' EQUITY | ||
Avient shareholders’ equity | 2,321.3 | 2,319.2 |
Noncontrolling interest | 16.5 | 18.8 |
Total equity | 2,337.8 | 2,338.0 |
Total liabilities and equity | $ 5,876.1 | $ 5,968.5 |
 | Mr. Robert M. Patterson |
---|---|
 | avient.com |
 | Chemicals |
 | 9700 |