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AVNT

Avient Corporation

AVNT

36.42USD+0.20 (+0.55%)Market Closed
Watchlist

Market Summary

USD36.42+0.20
Market Closed
0.55%

AVNT Alerts

  • 1 major insider buys recently.
  • Big jump in Earnings (Y/Y)

AVNT Stock Price

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AVNT RSI Chart

AVNT Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

5.6

Price/Sales (Trailing)

1.03

EV/EBITDA

83.91

Price/Free Cashflow

34.49

AVNT Price/Sales (Trailing)

AVNT Profitability

EBT Margin

-0.33%

Return on Equity

25.78%

Return on Assets

10.22%

Free Cashflow Yield

2.9%

AVNT Fundamentals

AVNT Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

-8.45%

Revenue Q/Q

-8.58%

AVNT Earnings

Earnings (TTM)

592.0M

Earnings Y/Y

149.51%

Earnings Q/Q

-76.92%

Price Action

Last 7 days

2.6%

Last 30 days

12.0%

Last 90 days

-3.2%

Trailing 12 Months

7.5%

How does AVNT drawdown profile look like?

AVNT Financial Health

Current Ratio

1.88

AVNT Investor Care

Dividend Yield

2.72%

Dividend/Share (TTM)

0.99

Buy Backs (1Y)

0.33%

Diluted EPS (TTM)

6.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.4B3.3B3.2B0
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

Latest Insider Trading transactions for AVNT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 31, 2023
green neil
acquired
-
-
520
-
Dec 31, 2023
abernathy robert e
acquired
-
-
1,040
-
Dec 31, 2023
fearon richard h
acquired
-
-
1,040
-
Nov 17, 2023
patterson robert m
bought
839,589
34.5453
24,304
chairman, president & ceo
Nov 16, 2023
patterson robert m
acquired
1,277,740
33.8
37,803
chairman, president & ceo
Sep 29, 2023
goff gregory james
acquired
-
-
984
-
Sep 29, 2023
verduin patricia
acquired
-
-
984
-
Sep 29, 2023
mink kim ann
acquired
-
-
984
-
Sep 29, 2023
wulfsohn william a
acquired
-
-
984
-
Sep 29, 2023
jellison william r
acquired
-
-
984
-

1–10 of 50

Which funds bought or sold AVNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-54.87
-1,046,030
668,007
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
10.53
-87,029
1,825,370
-%
Nov 21, 2023
COMERICA BANK
added
62.45
3,016,550
3,110,550
0.02%
Nov 17, 2023
TimesSquare Capital Management, LLC
added
32.36
3,260,000
26,051,000
0.41%
Nov 16, 2023
Creative Planning
added
15.58
-378
203,549
-%
Nov 15, 2023
HARBOUR INVESTMENTS, INC.
unchanged
-
-335
2,119
-%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
added
1.62
-5,055,890
36,226,500
0.02%
Nov 15, 2023
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
5.86
-6,000
68,000
-%
Nov 15, 2023
MORGAN STANLEY
reduced
-10.12
-4,333,020
15,022,800
-%
Nov 15, 2023
CASTLEARK MANAGEMENT LLC
reduced
-1.1
-707,890
4,141,620
0.21%

1–10 of 50

Latest Funds Activity

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

Schedule 13G FIlings of Avient Corporation

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2021
vanguard group inc
9.78%
8,947,228
SC 13G/A
Jan 27, 2021
blackrock inc.
12.4%
11,314,109
SC 13G/A
May 08, 2020
vanguard group inc
10.01%
9,145,854
SC 13G/A

Recent SEC filings of Avient Corporation

View All Filings
Date Filed Form Type Document
Dec 04, 2023
3
Insider Trading
Dec 04, 2023
4
Insider Trading
Nov 20, 2023
4
Insider Trading
Nov 13, 2023
8-K
Current Report
Nov 02, 2023
10-Q
Quarterly Report
Nov 02, 2023
8-K
Current Report
Oct 03, 2023
4
Insider Trading
Oct 03, 2023
4
Insider Trading
Oct 03, 2023
4
Insider Trading
Oct 03, 2023
4
Insider Trading

AVNT Fair Value

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Peers (Alternatives to Avient Corporation)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
58.5B
12.6B
1.22% -17.75%
25.43
4.64
-0.78% 1.95%
35.9B
45.9B
5.45% 1.97%
26.27
0.78
-22.80% -76.46%
15.4B
10.7B
19.80% 40.51%
7.58
1.44
11.66% 22.90%
15.0B
9.9B
7.55% -49.83%
4.52
1.52
76.68% 113.94%
14.2B
7.0B
14.52% -3.85%
38.95
2.02
-7.68% -42.97%
MID-CAP
10.0B
9.4B
11.45% -0.48%
12.61
0.94
-13.99% -50.00%
4.3B
926.3M
12.42% -0.28%
41.56
4.63
0.36% -5.15%
4.3B
3.9B
8.93% 7.48%
9.44
1.09
-9.03% 109.45%
3.3B
3.2B
12.03% 7.50%
5.6
1.03
5.04% 214.53%
3.0B
3.2B
14.51% 12.30%
3.64
0.92
-11.97% -23.95%
SMALL-CAP
1.2B
404.0M
0.66% 31.83%
36.23
2.98
24.06% -25.72%
734.3M
1.6B
11.41% -32.74%
7.87
0.47
-20.87% -42.34%
161.6M
370.4M
16.18% 75.80%
7.03
0.44
1.73% 194.09%
105.0M
21.4M
18.94% 25.60%
12.52
4.91
-45.68% 139.96%
14.7M
268.2M
-95.00% -99.56%
-0.02
0.05
20.46% -590.95%

Avient Corporation News

Latest updates
MarketBeat09 Dec 202306:27 pm10 hours ago
Yahoo Finance09 Dec 202312:40 pm16 hours ago
MarketBeat08 Dec 202311:25 am41 hours ago
Yahoo Finance07 Dec 202303:39 pm2 days ago
Nasdaq24 Nov 202308:00 am15 days ago
Simply Wall St21 Nov 202308:00 am18 days ago
Investing.com13 Nov 202308:45 pm26 days ago
Seeking Alpha06 Nov 202308:00 am33 days ago
Yahoo Finance05 Nov 202307:00 am34 days ago
Yahoo Finance31 Oct 202307:00 am39 days ago
Yahoo Finance26 Oct 202307:00 am44 days ago
Nasdaq24 Oct 202307:00 am46 days ago
Yahoo Finance23 Oct 202307:00 am47 days ago
PR Newswire12 Oct 202307:00 am58 days ago
Simply Wall St03 Oct 202307:00 am2 months ago

Financials for Avient Corporation

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-8.6%7548248467908238918924548181,2351,162997925609712659705748751677729
Gross Profit-18.9%195241248172195261254177216289302253210150172153161175168141157
  S&GA Expenses-9.8%161178191172155161152153163181182141177112119133117129121105109
EBITDA Margin607.9%0.01*0.00*0.02*0.03*0.07*0.09*0.08*0.08*0.08*0.07*0.07*0.05*0.04*0.06*0.05*0.05*0.08*0.09*0.10*--
Interest Expenses100.0%--29.40-28.80-49.40-37.30-16.20-16.90-17.40-19.00-19.50-19.30-19.20-29.70-16.20-9.40-11.90-15.50-16.20-15.90-15.60-15.60
Income Taxes-101.0%-0.1010.008.00-60.80-1.2023.0020.0013.002.0020.0023.00-34.203.008.0012.0013.005.007.009.00-6.751.00
Earnings Before Taxes-84.7%5.0033.0029.00-77.40-29.0086.0085.002.0035.0090.00103-20.505.0031.0045.0019.0028.0031.0031.00-29.6534.00
EBT Margin75.5%0.00*-0.01*0.01*0.02*0.05*0.07*0.06*0.06*0.07*0.06*0.05*0.04*0.03*0.05*0.04*0.04*0.07*0.08*0.09*--
Net Income-76.9%5.0022.0020.00544-10.3085.0085.0029.0053.0069.0080.0074.002.0023.0033.0046543.0042.0038.0011.0050.00
Net Income Margin4.9%0.18*0.18*0.17*0.21*0.04*0.04*0.05*0.05*0.06*0.05*0.05*0.04*0.18*0.21*0.21*0.21*0.05*0.05*0.05*--
Free Cashflow252.0%43.00-28.10-42.5012496.0067.006.0086.0021.0039.00-12.90128-24.6079.00-23.9068.0078.00108-34.60--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-4.3%5,7906,0526,1116,0856,3075,0445,0474,9975,0115,0474,9094,8714,7104,3373,7433,2732,9462,9312,9622,7232,785
  Current Assets-9.7%1,3641,5111,5641,5701,9882,0201,9301,8271,8491,8581,7161,6021,4982,5831,9911,5131,1741,0201,0359991,058
    Cash Equivalents-16.9%4405295836415446455636015456165956505771,9771,280865200126108171181
  Inventory-2.6%350359372373442494475306477413357328311242271261282353375285335
  Net PPE-2.9%9781,0071,0461,049965639662672670680676695675401401407386499497385488
  Goodwill-1.4%1,6811,7061,6901,6721,4911,2571,2831,2851,29422.001,2821,3071,280569684686683697706639650
  Current Liabilities-6.4%7277778378691,5561,5711,560941962934864801769624688703626607570558570
    LT Debt, Current331.8%10.002.002.002.006146086089.009.0019.0019.0019.0019.0018.0018.0018.0019.0019.0019.0019.0019.00
    LT Debt, Non Current-5.0%2,0712,1792,1782,1772,5031,2491,2501,8501,8511,8521,8531,8541,8551,8501,2101,2111,4061,3931,4411,3361,317
Shareholder's Equity-1.7%2,2962,3352,3692,3351,7201,8261,8291,7911,7851,7861,7221,7121,6111,5521,5381,053592571569541614
  Retained Earnings----1,824---1,208---1,057---1,001---473-
  Additional Paid-In Capital----1,521---1,512---1,513---1,175---1,167-
Shares Outstanding-100.0%-91.0091.00-91.0091.0092.00-91.0091.0091.00-92.0091.0086.00-77.0077.0078.00-80.00
Minority Interest0%19.0019.0019.0018.0016.0016.0016.0016.0017.0018.0015.0015.0014.000.00-1.001.001.001.001.001.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations2972.0%71,800,000-2,500,000-22,200,000174,500,000117,200,00087,800,00018,900,000123,800,00041,900,00064,500,0003,600,000152,900,000-7,300,00088,800,000-12,800,000102,200,00099,200,000124,100,000-24,700,00082,800,00062,000,000
  Share Based Compensation-3.0%3,200,0003,300,0003,200,0003,700,0003,200,0003,100,0003,200,0002,800,0002,800,0002,900,0002,700,0004,200,0001,400,0003,600,0002,100,0002,900,0003,000,0003,200,0002,500,0002,600,0002,800,000
Cashflow From Investing-4.7%-26,800,000-25,600,000-13,000,000883,900,000-1,429,000,00054,400,000-13,300,000-37,900,000-68,200,000-25,600,000-18,500,000-62,600,000-1,360,000,000-10,200,0001,200,000774,100,000-20,000,000-14,300,000-127,900,000-24,400,000-15,800,000
Cashflow From Financing-462.6%-127,700,000-22,700,000-25,600,000-971,700,0001,226,500,000-44,600,000-43,800,000-23,100,000-39,900,000-22,500,000-29,100,000-29,500,000-38,300,000618,900,000430,900,000-212,500,000-1,300,000-91,500,00087,000,000-65,100,000-20,200,000
  Dividend Payments0.4%22,600,00022,500,00022,500,00021,600,00021,700,00021,800,00021,700,00019,500,00019,400,00019,300,00019,500,00018,500,00018,500,00018,700,00015,600,00014,600,00015,000,00015,100,00015,600,00014,000,00013,900,000
  Buy Backs------20,600,00015,800,000---4,200,0008,800,000--13,600,000--26,900,000-70,000,0007,700,000

AVNT Income Statement

2023-09-30
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Sales$ 753.7$ 823.3$ 2,423.8$ 2,606.5
Cost of sales558.4627.91,740.21,895.8
Gross margin195.3195.4683.6710.7
Selling and administrative expense161.0154.8529.9467.8
Operating income34.340.6153.7242.9
Interest expense, net(30.3)(37.3)(88.5)(70.4)
Other income (expense), net1.0(32.3)1.5(31.3)
Income (loss) from continuing operations before income taxes5.0(29.0)66.7141.2
Income tax benefit (expense)0.11.2(18.0)(41.5)
Net income (loss) from continuing operations5.1(27.8)48.799.7
Income (loss) from discontinued operations, net of income taxes0.017.1(0.9)58.8
Net income (loss)5.1(10.7)47.8158.5
Net loss (income) attributable to noncontrolling interests0.00.4(0.7)0.1
Net income (loss) attributable to Avient common shareholders$ 5.1$ (10.3)$ 47.1$ 158.6
Earnings (loss) per share attributable to Avient common shareholders - Basic    
Continuing operations (in USD per share)$ 0.06$ (0.30)$ 0.53$ 1.09
Discontinued operations (in USD per share)00.19(0.01)0.65
Total (in USD per share)0.06(0.11)0.521.74
Earnings (loss) per share attributable to Avient common shareholders - Diluted    
Continuing operations (in USD per share)0.06(0.30)0.521.08
Discontinued operations (in USD per share)00.19(0.01)0.64
Total (in USD per share)$ 0.06$ (0.11)$ 0.51$ 1.72
Weighted-average shares used to compute earnings per common share:    
Basic (in shares)91.190.991.191.3
Dilutive impact of share-based compensation (in shares)0.80.00.70.7
Diluted (in shares)91.990.991.892.0
Anti-dilutive shares not included in diluted common shares outstanding (in shares)0.51.00.60.3
Cash dividends declared per share of common stock (in USD per share)$ 0.2475$ 0.2375$ 0.7425$ 0.7125

AVNT Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 439.6$ 641.1
Accounts receivable, net436.9440.6
Inventories, net349.6372.7
Other current assets138.2115.3
Total current assets1,364.31,569.7
Property, net978.21,049.2
Goodwill1,681.31,671.9
Intangible assets, net1,563.01,597.6
Other non-current assets202.9196.6
Total assets5,789.76,085.0
Current liabilities:  
Short-term and current portion of long-term debt9.52.2
Accounts payable389.5454.4
Accrued expenses and other current liabilities328.1412.8
Total current liabilities727.1869.4
Non-current liabilities:  
Long-term debt2,070.82,176.7
Pension and other post-retirement benefits65.167.2
Deferred income taxes293.2342.5
Other non-current liabilities337.6276.4
Total non-current liabilities2,766.72,862.8
SHAREHOLDERS' EQUITY  
Avient shareholders’ equity2,276.92,334.5
Noncontrolling interest19.018.3
Total equity2,295.92,352.8
Total liabilities and equity$ 5,789.7$ 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
 WEBSITEwww.avient.com
 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 Fri Dec 08 2023, market cap of Avient Corporation is 3.32 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. 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 Fri Dec 08 2023, AVNT's PE ratio (Price to Earnings) is 5.6 and Price to Sales (PS) ratio is 1.03. 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.