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Basic Materials - Chemicals - Specialty - NYSE - US
$ 50.64
-0.997 %
$ 4.63 B
Market Cap
31.07
P/E
1. INTRINSIC VALUE

Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through 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. This segment products are used in various markets include 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.[ Read More ]

The intrinsic value of one AVNT stock under the base case scenario is HIDDEN Compared to the current market price of 50.6 USD, Avient Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AVNT

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FINANCIALS
3.14 B REVENUE
-7.48%
222 M OPERATING INCOME
20.64%
75.8 M NET INCOME
-89.22%
199 M OPERATING CASH FLOW
-49.97%
-94.2 M INVESTING CASH FLOW
81.31%
-199 M FINANCING CASH FLOW
-119.83%
2.51 B REVENUE
195.62%
77.2 M OPERATING INCOME
6.48%
39.2 M NET INCOME
16.67%
71.1 M OPERATING CASH FLOW
-32.86%
-25 M INVESTING CASH FLOW
16.67%
-39 M FINANCING CASH FLOW
-46.07%
Balance Sheet Decomposition Avient Corporation
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Current Assets 1.41 B
Cash & Short-Term Investments 546 M
Receivables 400 M
Other Current Assets 462 M
Non-Current Assets 4.56 B
Long-Term Investments -282 M
PP&E 1.09 B
Other Non-Current Assets 3.75 B
Current Liabilities 774 M
Accounts Payable 432 M
Short-Term Debt 42.7 M
Other Current Liabilities 299 M
Non-Current Liabilities 2.86 B
Long-Term Debt 2.11 B
Other Non-Current Liabilities 743 M
EFFICIENCY
Earnings Waterfall Avient Corporation
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Revenue 3.14 B
Cost Of Revenue 2.24 B
Gross Profit 903 M
Operating Expenses 681 M
Operating Income 222 M
Other Expenses 146 M
Net Income 75.8 M
RATIOS
28.72% GROSS MARGIN
28.72%
7.05% OPERATING MARGIN
7.05%
2.41% NET MARGIN
2.41%
3.26% ROE
3.26%
1.27% ROA
1.27%
4.38% ROIC
4.38%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Avient Corporation
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Net Income 75.8 M
Depreciation & Amortization 258 M
Capital Expenditures -119 M
Stock-Based Compensation 13.2 M
Change in Working Capital -15.3 M
Others -127 M
Free Cash Flow 79.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Avient Corporation
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Wall Street analysts predict an average 1-year price target for AVNT of $50.2 , with forecasts ranging from a low of $41 to a high of $65 .
AVNT Lowest Price Target Wall Street Target
41 USD -19.04%
AVNT Average Price Target Wall Street Target
50.2 USD -0.87%
AVNT Highest Price Target Wall Street Target
65 USD 28.36%
4. DIVIDEND ANALYSIS
0.51% DIVIDEND YIELD
0.27 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Avient Corporation
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Sold
0-3 MONTHS
296 K USD 1
3-6 MONTHS
507 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
840 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Sell 296 K USD
Rathbun Joel R.
SVP, Mergers & Acquisitions
- 5762
51.446 USD
3 months ago
Aug 07, 2024
Sell 507 K USD
Rathbun Joel R.
SVP, Mergers & Acquisitions
- 11698
43.3594 USD
1 year ago
Nov 17, 2023
Bought 840 K USD
Patterson Robert M
Chairman, President & CEO
+ 24304
34.5453 USD
1 year ago
Sep 06, 2023
Sell 263 K USD
Rathbun Joel R.
SVP, Mergers & Acquisitions
- 6743
38.9766 USD
3 years ago
Nov 16, 2021
Sell 689 K USD
Kunkle Lisa K.
SVP Gnrl Counsel & Secretary
- 11447
60.2237 USD
3 years ago
Jun 02, 2021
Sell 279 K USD
Garratt Michael A
SVP, President CAI - EMEA
- 5347
52.2278 USD
3 years ago
May 13, 2021
Sell 302 K USD
Rathbun Joel R.
SVP, Mergers & Acquisitions
- 5773
52.2432 USD
3 years ago
May 14, 2021
Sell 238 K USD
Rathbun Joel R.
SVP, Mergers & Acquisitions
- 4494
53.0499 USD
3 years ago
May 06, 2021
Sell 110 K USD
Dodd Cathy
SVP, President Distribution
- 2073
53 USD
3 years ago
May 05, 2021
Sell 13.5 K USD
Dodd Cathy
SVP, President Distribution
- 253.8765
53.13 USD
4 years ago
Nov 12, 2020
Sell 416 K USD
Kunkle Lisa K.
SVP Gnrl Counsel & Secretary
- 12042
34.5122 USD
4 years ago
Mar 19, 2020
Bought 67.2 K USD
Horn J Scott
SVP, President Distribution
+ 5000
13.43 USD
4 years ago
Mar 18, 2020
Bought 17.8 K USD
FEARON RICHARD H
Director
+ 2000
8.9 USD
4 years ago
Mar 18, 2020
Bought 32.8 K USD
FEARON RICHARD H
Director
+ 3000
10.95 USD
4 years ago
Mar 18, 2020
Bought 29.8 K USD
FEARON RICHARD H
Director
+ 3000
9.95 USD
4 years ago
Mar 18, 2020
Bought 35.1 K USD
FEARON RICHARD H
Director
+ 3000
11.7 USD
4 years ago
Mar 17, 2020
Bought 38.9 K USD
FEARON RICHARD H
Director
+ 3000
12.97 USD
4 years ago
Mar 17, 2020
Bought 82.7 K USD
FEARON RICHARD H
Director
+ 6000
13.79 USD
4 years ago
Mar 13, 2020
Bought 17.8 K USD
Midea M. John Jr.
SVP, Glbl Ops & Process Imprv
+ 1000
17.755 USD
4 years ago
Feb 21, 2020
Bought 107 K USD
FEARON RICHARD H
Director
+ 3500
30.52 USD
7. News
Avient: Specialization Strategy Is Growing Margins And Driving The Bottom-Line Growth AVNT's gross profit margins have improved by over 70% in the last decade, indicating a shift to higher-margin specialty services. The company is focused on deleveraging, with share repurchases on hold until net debt-to-EBITDA reaches 2.5x, despite recent acquisitions. AVNT announced its 14th consecutive annual dividend increase, with a 5% hike, and aims to return to a safer payout ratio by 2026. seekingalpha.com - 4 days ago
Avient Announces Registration Details for December 4th Investor Day CLEVELAND , Nov. 4, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, will host an Investor Day for the investment community on Wednesday, December 4, 2024, beginning at 10:00 a.m. Eastern Time at the New York Stock Exchange (NYSE). prnewswire.com - 1 week ago
Avient Corporation (AVNT) Q3 2024 Earnings Call Transcript Avient Corporation (NYSE:AVNT ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joe Di Salvo - Vice President, Treasurer & Investor Relations Ashish Khandpur - President & Chief Executive Officer Jamie Beggs - Senior Vice President & Chief Financial Officer Conference Call Participants Frank Mitsch - Fermium Research David Huang - Deutsche Bank Michael Sison - Wells Fargo Laurence Alexander - Jefferies Vincent Andrews - Morgan Stanley Kristen Owen - Oppenheimer Mike Harrison - Seaport Research Operator Good morning, ladies and gentlemen, and welcome to Avient Corporation's webcast to discuss the company's Third Quarter 2024 Results. My name is Michele, and I will be your operator for today. seekingalpha.com - 2 weeks ago
Avient (AVNT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Avient (AVNT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 weeks ago
Avient (AVNT) Surpasses Q3 Earnings and Revenue Estimates Avient (AVNT) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.57 per share a year ago. zacks.com - 2 weeks ago
Avient Announces Third Quarter 2024 Results Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end markets Third quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarter Third quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segments, as well as lower interest expense 2024 full-year adjusted EPS guidance range narrowed to $2.63 to $2.67, from prior guidance range of $2.55 to $2.70; Revised guidance reflects 11% to 13% growth in adjusted EPS over the prior year Increased dividend 5% to $1.08, on an annualized basis, representing the fourteenth consecutive annual increase CLEVELAND , Oct. 31, 2024 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, today announced its third quarter 2024 results. The company reported third quarter sales of $815.2 million compared to $753.7 million in the prior year quarter. prnewswire.com - 2 weeks ago
Why Avient (AVNT) is a Top Dividend Stock for Your Portfolio Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avient (AVNT) have what it takes? zacks.com - 2 weeks ago
Avient (AVNT) Reports Next Week: Wall Street Expects Earnings Growth Avient (AVNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
Will Avient (AVNT) Beat Estimates Again in Its Next Earnings Report? Avient (AVNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 1 month ago
Avient (AVNT) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avient (AVNT) have what it takes? zacks.com - 1 month ago
Best Income Stocks to Buy for October 11th AGESY, AVNT and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 11, 2024. zacks.com - 1 month ago
Avient Announces Fourteenth Consecutive Annual Dividend Increase CLEVELAND , Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-seven cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase. The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024. prnewswire.com - 1 month ago
8. Profile Summary

Avient Corporation AVNT

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COUNTRY US
INDUSTRY Chemicals - Specialty
MARKET CAP $ 4.63 B
Dividend Yield 0.51%
Description Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through 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. This segment products are used in various markets include 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 Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. 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.
Contact 33587 Walker Road, Avon Lake, OH, 44012 https://www.avient.com
IPO Date Sept. 13, 1999
Employees 9300
Officers Mr. Joel R. Rathbun Senior Vice President of Mergers & Acquisitions Mr. M. John Midea Jr. Senior Vice President of Global Operations & Process Improvement Mr. Giuseppe Di Salvo Vice President of Investor Relations & Treasurer Ms. Amy M. Sanders Senior Vice President, General Counsel & Secretary Mr. Christopher L. Pederson Senior Vice President & President of Specialty Engineered Materials Ms. Jamie A. Beggs Senior Vice President & Chief Financial Officer Mr. Kyle G. Rose Vice President of Marketing & Communications Mr. Leslie Sequeira Chief Information Officer Dr. Ashish K. Khandpur Ph.D. President, Chief Executive Officer & Director Ms. Kristen A. Gajewski Senior Vice President & Chief Human Resources Officer