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AVNT

AVNT - Avient Corporation Stock Price, Fair Value and News

41.90USD+0.62 (+1.50%)Market Closed

Market Summary

AVNT
USD41.90+0.62
Market Closed
1.50%

AVNT Stock Price

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AVNT RSI Chart

AVNT Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

50.24

Price/Sales (Trailing)

1.22

EV/EBITDA

33.64

Price/Free Cashflow

46.48

AVNT Price/Sales (Trailing)

AVNT Profitability

EBT Margin

2.78%

Return on Equity

3.28%

Return on Assets

1.27%

Free Cashflow Yield

2.15%

AVNT Fundamentals

AVNT Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

-9.03%

Rev. Growth (Qtr)

-4.6%

AVNT Earnings

Earnings (TTM)

76.0M

Earnings Growth (Yr)

-94.81%

Earnings Growth (Qtr)

453.92%

Breaking Down AVNT Revenue

Last 7 days

-1.8%

Last 30 days

2.4%

Last 90 days

13.1%

Trailing 12 Months

3.9%

How does AVNT drawdown profile look like?

AVNT Financial Health

Current Ratio

1.82

Debt/Equity

0.89

Debt/Cashflow

0.1

AVNT Investor Care

Dividend Yield

2.39%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

0.23%

Diluted EPS (TTM)

0.84

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.4B3.3B3.2B3.1B
20223.4B3.1B3.1B3.4B
20213.7B4.3B4.2B3.7B
20202.8B2.7B2.9B3.2B
20192.9B2.9B2.9B2.9B
20182.7B2.8B2.8B2.9B
20172.8B2.7B2.6B2.6B
20163.2B3.1B3.0B2.9B
20153.7B3.6B3.5B3.4B
20144.0B3.9B3.9B3.8B
20132.9B3.2B3.5B3.8B
20122.8B2.8B2.8B2.9B
20112.7B2.7B2.7B2.7B
20102.2B2.3B2.5B2.6B
20090002.1B
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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>

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Tracking the Latest Insider Buys and Sells of Avient Corporation

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold AVNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
AdvisorNet Financial, Inc
added
31.58
295
1,085
-%
Apr 10, 2024
AMERICAN NATIONAL BANK
sold off
-100
-208
-
-%
Apr 09, 2024
Rise Advisors, LLC
new
-
22,264
22,264
0.01%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
128
3,038
-%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
8,646
8,646
-%
Apr 08, 2024
ROWLANDMILLER & PARTNERS.ADV
unchanged
-
5,207
123,473
0.03%
Apr 05, 2024
GAMMA Investing LLC
added
15.28
5,156
18,662
-%
Apr 05, 2024
CWM, LLC
added
11.24
8,000
57,000
-%
Apr 05, 2024
NBC SECURITIES, INC.
added
11.23
25,000
174,000
0.02%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
8.00
174
-%

1–10 of 49

Are Funds Buying or Selling AVNT?

Are funds buying AVNT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AVNT
No. of Funds

Unveiling Avient Corporation's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.37%
10,368,900
SC 13G/A
Feb 09, 2024
marquard & bahls ag
0.0%
0
SC 13G/A
Jan 23, 2024
blackrock inc.
12.3%
11,172,204
SC 13G/A
Mar 01, 2023
marquard & bahls ag
5.02%
4,564,633
SC 13G
Feb 09, 2023
vanguard group inc
11.14%
10,130,890
SC 13G/A
Jan 26, 2023
blackrock inc.
12.3%
11,190,454
SC 13G/A
Jan 20, 2023
blackrock inc.
12.3%
11,190,454
SC 13G/A
Feb 09, 2022
vanguard group inc
10.08%
9,218,941
SC 13G/A
Jan 28, 2022
blackrock inc.
12.6%
11,531,367
SC 13G/A
May 10, 2021
vanguard group inc
10.05%
9,174,201
SC 13G/A

Recent SEC filings of Avient Corporation

View All Filings
Date Filed Form Type Document
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Avient Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.5B
12.4B
-5.47% -19.20%
22.01
4.14
-3.54% 3.06%
40.4B
44.6B
0.47% 1.43%
61.28
0.91
-21.58% -85.78%
17.0B
10.9B
-2.67% 40.70%
8.66
1.55
13.10% 3.48%
16.8B
7.0B
-1.48% 19.43%
52.2
2.41
-7.26% -53.23%
14.1B
9.6B
-1.36% -40.94%
8.99
1.47
31.38% -41.50%
11.4B
9.2B
5.47% 17.54%
12.78
1.24
-12.95% 12.74%
MID-CAP
5.2B
3.9B
5.69% 23.87%
11.6
1.31
-9.12% 26.64%
4.7B
922.4M
-6.20% 15.51%
43.61
5.13
-2.11% 3.01%
3.8B
3.1B
2.37% 3.94%
50.24
1.22
-7.48% -89.19%
2.9B
3.1B
-1.93% 21.31%
6.28
0.92
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
722.2M
1.5B
3.01% -32.07%
13.22
0.47
-21.18% -60.55%
178.7M
357.7M
7.50% 2.01%
8.79
0.5
-5.20% 66.55%
108.8M
16.7M
-15.24% 9.45%
9.82
6.5
-57.58% 866.09%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Avient Corporation News

Latest updates
MarketBeat17 hours ago
Defense World12 Apr 202408:51 am
Yahoo Lifestyle UK05 Apr 202408:11 pm
Seeking Alpha28 Feb 202408:00 am

Avient Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-4.6%7197548248467908238918924548181,2351,162997925609712659705748751677
Gross Profit7.0%209195241248172195261254177216289302253210150172153161175168141
  S&GA Expenses3.0%166161178191172155161152153163181182141177112119133117129121105
EBITDA Margin293.5%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*0.03*---
Interest Expenses11.6%-26.80-30.30-29.40-28.80-49.40-37.30-16.20-16.90-17.40-19.00-19.50-19.30-19.20-29.70-16.20-9.40-11.90-15.50-16.20-15.90-15.60
Income Taxes-6900.0%-7.00-0.1010.008.00-60.80-1.2023.0020.0013.002.0020.0023.00-34.203.008.0012.0013.005.007.009.00-6.75
Earnings Before Taxes312.0%21.005.0033.0029.00-77.40-29.0086.0085.002.0035.0090.00103-20.505.0031.0045.0019.0028.0031.0031.00-29.65
EBT Margin934.4%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*0.02*---
Net Income453.9%28.005.0022.0020.00544-10.3085.0085.0029.0053.0069.0080.0074.002.0023.0033.0046543.0042.0038.0011.00
Net Income Margin-86.9%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*0.05*---
Free Cashflow157.8%11043.00-28.10-42.5012496.0067.006.0086.0021.0039.00-12.90128-24.6079.00-23.9068.0078.00---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.1%5,9695,7906,0526,1116,0856,3075,0445,0474,9975,0115,0474,9094,8714,7104,3373,7433,2732,9462,9312,9622,723
  Current Assets3.2%1,4081,3641,5111,5641,5701,9882,0201,9301,8271,8491,8581,7161,6021,4982,5831,9911,5131,1741,0201,035999
    Cash Equivalents24.2%5464405295836415446455636015456165956505771,9771,280865200126108171
  Inventory-0.7%347350359372373442494475306477413357328311242271261282353375285
  Net PPE5.2%1,0299781,0071,0461,049965639662672670680676695675401401407386499497385
  Goodwill2.3%1,7191,6811,7061,6901,6721,4911,2571,2831,2851,29422.001,2821,3071,280569684686683697706639
  Current Liabilities6.4%7747277778378691,5561,5711,560941962934864801769624688703626607570558
  Long Term Debt0.0%2,0712,0712,1792,1782,1772,5031,2491,2501,8501,8511,8521,8531,8541,8551,8501,2101,2111,4061,3931,4411,336
    LT Debt, Current0%10.0010.002.002.002.006146086089.009.0019.0019.0019.0019.0018.0018.0018.0019.0019.0019.0019.00
    LT Debt, Non Current0.0%2,0712,0712,1792,1782,1772,5031,2491,2501,8501,8511,8521,8531,8541,8551,8501,2101,2111,4061,3931,4411,336
Shareholder's Equity1.9%2,3192,2772,3542,3692,3351,7361,8261,8291,7911,7851,7861,7221,7121,6111,5521,5381,053592571569541
  Retained Earnings-1,808---1,824---1,208---1,057---1,001---473
  Additional Paid-In Capital-1,530---1,521---1,512---1,513---1,175---1,167
Shares Outstanding0%91.0091.0091.0091.0091.0091.0091.0092.0091.0091.0091.0091.0090.0092.0089.0086.0077.0077.00---
Minority Interest-1.1%19.0019.0019.0019.0018.0016.0016.0016.0016.0017.0018.0015.0015.0014.000.00-1.001.001.001.001.00
Float---3,700---3,600---4,500---2,400---2,400--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations115.2%154,50071,800-2,500-22,200174,500117,20087,80018,900123,80041,90064,5003,600152,900-7,30088,800-12,800102,20099,200124,100-24,70082,800
  Share Based Compensation9.4%3,5003,2003,3003,2003,7003,2003,1003,2002,8002,8002,9002,7004,2001,4003,6002,1002,9003,0003,2002,5002,600
Cashflow From Investing-7.5%-28,800-26,800-25,600-13,000883,900-1,429,00054,400-13,300-37,900-68,200-25,600-18,500-62,600-1,360,000-10,2001,200774,100-20,000-14,300-127,900-24,400
Cashflow From Financing79.9%-25,700-127,700-22,700-25,600-971,7001,226,500-44,600-43,800-23,100-39,900-22,500-29,100-29,500-38,300618,900430,900-212,500-1,300-91,50087,000-65,100
  Dividend Payments0%22,60022,60022,50022,50021,60021,70021,80021,70019,50019,40019,30019,50018,50018,50018,70015,60014,60015,00015,10015,60014,000
  Buy Backs-------20,60015,800---4,2008,800--13,600--26,900-70,000

AVNT Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Sales$ 3,142.8$ 3,396.9$ 3,315.5
Cost of sales2,250.32,514.22,371.7
Gross margin892.5882.7943.8
Selling and administrative expense695.7639.4664.1
Operating income196.8243.3279.7
Interest expense, net(115.3)(119.8)(75.2)
Other income (expense), net5.8(59.7)(1.0)
Income from continuing operations before income taxes87.363.8203.5
Income tax (expense) benefit(11.0)19.3(51.9)
Net income from continuing operations76.383.1151.6
(Loss) income from discontinued operations, net of income taxes(0.1)620.379.0
Net income76.2703.4230.6
Net (income) loss attributable to noncontrolling interests(0.5)(0.3)0.2
Net income attributable to Avient common shareholders$ 75.7$ 703.1$ 230.8
Earnings per share attributable to Avient common shareholders - Basic:   
Continuing operations (in usd per share)$ 0.83$ 0.91$ 1.66
Discontinued operations (in usd per share)06.800.87
Total (in usd per share)0.837.712.53
Earnings per share attributable to Avient common shareholders - Diluted:   
Continuing operations (in usd per share)0.830.901.65
Discontinued operations (in usd per share)06.730.86
Total (in usd per share)$ 0.83$ 7.63$ 2.51
Weighted-average shares used to compute earnings per common share:   
Basic (in shares)91.191.291.4
Plus dilutive impact of share-based compensation (in shares)0.71.00.7
Diluted (in shares)91.892.292.1
Anti-dilutive shares not included in diluted common shares outstanding (in shares)0.70.30.0
Cash dividends declared per share of common stock (in usd per share)$ 1.0000$ 0.960$ 0.875

AVNT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 545.8$ 641.1
Accounts receivable, net399.9440.6
Inventories, net347.0372.7
Other current assets114.9115.3
Total current assets1,407.61,569.7
Property, net1,028.91,049.2
Goodwill1,719.31,671.9
Intangible assets, net1,590.81,597.6
Operating lease assets, net65.360.4
Other non-current assets156.6136.2
Total assets5,968.56,085.0
Current liabilities:  
Short-term and current portion of long-term debt9.52.2
Accounts payable432.3454.4
Current operating lease obligations16.617.0
Accrued expenses and other current liabilities315.2395.8
Total current liabilities773.6869.4
Non-current liabilities:  
Long-term debt2,070.52,176.7
Pension and other post-retirement benefits67.267.2
Deferred income taxes281.6342.5
Non-current operating lease obligations43.240.9
Other non-current liabilities394.4235.5
Total non-current liabilities2,856.92,862.8
SHAREHOLDERS' EQUITY  
Common Shares, $0.01 par, 400.0 shares authorized, 122.2 shares issued1.21.2
Additional paid-in capital1,529.71,520.5
Retained earnings1,808.21,823.6
Common shares held in treasury, at cost, 31.0 shares in 2023 and 31.3 shares in 2022(932.5)(935.0)
Accumulated other comprehensive loss(87.4)(75.8)
Avient shareholders’ equity2,319.22,334.5
Noncontrolling interest18.818.3
Total equity2,338.02,352.8
Total liabilities and equity$ 5,968.5$ 6,085.0
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, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.
 CEO
 WEBSITEavient.com
 INDUSTRYChemicals
 EMPLOYEES9700

Avient Corporation Frequently Asked Questions


What is the ticker symbol for Avient Corporation? What does AVNT stand for in stocks?

AVNT is the stock ticker symbol of Avient Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Avient Corporation (AVNT)?

As of Mon Apr 15 2024, market cap of Avient Corporation is 3.82 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AVNT stock?

You can check AVNT's fair value in chart for subscribers.

What is the fair value of AVNT stock?

You can check AVNT's fair value in chart for subscribers. The fair value of Avient Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Avient Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AVNT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Avient Corporation a good stock to buy?

The fair value guage provides a quick view whether AVNT is over valued or under valued. Whether Avient Corporation is cheap or expensive depends on the assumptions which impact Avient Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AVNT.

What is Avient Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, AVNT's PE ratio (Price to Earnings) is 50.24 and Price to Sales (PS) ratio is 1.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AVNT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Avient Corporation's stock?

In the past 10 years, Avient Corporation has provided 0.024 (multiply by 100 for percentage) rate of return.