AVNT - Avient Corporation Stock Price, Fair Value and News

45.56USD+0.44 (+0.98%)Market Closed

Market Summary

USD45.56+0.44

Market Closed

0.98%

AVNT Alerts

Big jump in Earnings (Y/Y)

AVNT Stock Price

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AVNT RSI Chart

AVNT Valuation

Market Cap

4.2B

Price/Earnings (Trailing)

39.58

Price/Sales (Trailing)

1.33

EV/EBITDA

29.85

Price/Free Cashflow

72.31

AVNT Price/Sales (Trailing)

AVNT Profitability

EBT Margin

3.99%

Return on Equity

4.49%

Return on Assets

1.79%

Free Cashflow Yield

1.38%

AVNT Fundamentals

AVNT Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

-1.97%

Rev. Growth (Qtr)

15.3%

AVNT Earnings

Earnings (TTM)

105.0M

Earnings Growth (Yr)

142.16%

Earnings Growth (Qtr)

74.87%

Breaking Down AVNT Revenue

Last 7 days

3.7%

Last 30 days

5.1%

Last 90 days

23.4%

Trailing 12 Months

17.7%

How does AVNT drawdown profile look like?

AVNT Financial Health

Current Ratio

1.9

Debt/Equity

0.89

Debt/Cashflow

0.09

AVNT Investor Care

Dividend Yield

2.22%

Dividend/Share (TTM)

1.01

Shares Dilution (1Y)

0.28%

Diluted EPS (TTM)

1.16

Historical Charts for Stock Metrics

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Net sales

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

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Avient Corporation

Filter Transactions

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 Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	AVANTAX ADVISORY SERVICES, INC.	new	-	218,649	218,649	-%
May 08, 2024	Bell Investment Advisors, Inc	unchanged	-	58.00	1,389	-%
May 08, 2024	US BANCORP \DE\	reduced	-2.89	4,643	340,820	-%
May 08, 2024	Eagle Bay Advisors LLC	added	3,600	1,573	1,610	-%
May 08, 2024	GW&K Investment Management, LLC	reduced	-15.81	-8,023,000	58,288,000	0.51%
May 08, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	added	31.14	320,339	1,393,800	-%
May 08, 2024	ISTHMUS PARTNERS, LLC	added	46.81	1,247,210	3,588,270	0.41%
May 08, 2024	PROFUND ADVISORS LLC	new	-	200,465	200,465	0.01%
May 08, 2024	KBC Group NV	added	78.85	43,000	92,000	-%
May 08, 2024	ProShare Advisors LLC	reduced	-11.95	-777,327	8,851,910	0.02%

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

AVNT Alerts

Big jump in Earnings (Y/Y)

Unveiling Avient Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 30, 2024	3	Insider Trading
Apr 30, 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)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	55.8B	12.2B	4.58%	-10.79%	22.58	4.59	-7.47%	13.44%
DOW	41.9B	43.5B	-0.68%	11.24%	33.01	0.96	-18.61%	-57.39%
CE	17.6B	10.9B	-2.89%	56.87%	8.97	1.61	13.10%	3.48%
AVTR	16.8B	6.9B	-4.22%	20.36%	64.71	2.45	-6.48%	-57.90%
ALB	15.7B	8.4B	3.41%	-31.33%	46.53	1.87	-4.27%	-90.82%
EMN	11.9B	9.1B	-0.88%	27.35%	12.85	1.31	-11.38%	33.67%
MID-CAP
CBT	5.6B	3.9B	3.70%	47.94%	12.61	1.44	-8.19%	39.97%
BCPC	5.0B	929.6M	0.94%	23.83%	43.77	5.41	-1.74%	15.81%
AVNT	4.2B	3.1B	5.12%	17.67%	39.58	1.33	-6.69%	-83.56%
ARCH	2.9B	3.0B	3.58%	25.10%	9.15	0.99	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	657.9M	1.5B	-16.99%	-29.19%	289.43	0.45	-21.27%	-97.94%
CMT	178.5M	336.4M	7.61%	-4.59%	9.79	0.53	-12.92%	28.47%
AREC	103.7M	16.7M	-7.09%	-18.63%	-8.76	6.19	-57.58%	-718.66%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

Avient Corporation News

Latest updates

Avient Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
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

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
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 (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
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	-

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AVNT Income Statement

2024-03-31

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

AVNT Balance Sheet

2024-03-31

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

About Avient Corporation

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	Mr. Robert M. Patterson
WEBSITE	avient.com
INDUSTRY	Chemicals
EMPLOYEES	9700

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 Thu May 09 2024, market cap of Avient Corporation is 4.16 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 Thu May 09 2024, AVNT's PE ratio (Price to Earnings) is 39.58 and Price to Sales (PS) ratio is 1.33. 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 0.031 (multiply by 100 for percentage) rate of return.