Avient Co. (NYSE:AVNT – Free Report) – Investment analysts at Seaport Res Ptn increased their Q1 2025 earnings estimates for shares of Avient in a note issued to investors on Tuesday, February 18th. Seaport Res Ptn analyst M. Harrison now forecasts that the company will post earnings per share of $0.76 for the quarter, up from their previous estimate of $0.72. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Avient’s current full-year earnings is $2.85 per share. Seaport Res Ptn also issued estimates for Avient’s Q2 2025 earnings at $0.83 EPS, Q3 2025 earnings at $0.71 EPS, Q4 2025 earnings at $0.58 EPS and FY2025 earnings at $2.87 EPS.
Several other research firms also recently weighed in on AVNT. Wells Fargo & Company dropped their target price on shares of Avient from $59.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Avient from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday, February 14th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $54.00.
Avient Stock Down 1.2 %
Shares of NYSE AVNT opened at $43.45 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.88 and a debt-to-equity ratio of 0.88. The firm has a 50-day moving average price of $41.97 and a 200 day moving average price of $46.32. Avient has a 52 week low of $37.63 and a 52 week high of $54.68. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 1.26 and a beta of 1.51.
Avient (NYSE:AVNT – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. Avient had a net margin of 5.23% and a return on equity of 10.44%.
Institutional Investors Weigh In On Avient
A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Avient by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 10,313,859 shares of the company’s stock valued at $421,424,000 after purchasing an additional 79,661 shares during the period. State Street Corp grew its stake in Avient by 3.0% during the third quarter. State Street Corp now owns 4,231,720 shares of the company’s stock worth $213,977,000 after buying an additional 121,349 shares during the period. Dimensional Fund Advisors LP grew its stake in Avient by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,069,093 shares of the company’s stock worth $166,259,000 after buying an additional 90,535 shares during the period. Franklin Resources Inc. grew its stake in Avient by 9.5% during the fourth quarter. Franklin Resources Inc. now owns 3,185,999 shares of the company’s stock worth $130,180,000 after buying an additional 276,357 shares during the period. Finally, Geode Capital Management LLC grew its stake in Avient by 2.0% during the third quarter. Geode Capital Management LLC now owns 2,174,292 shares of the company’s stock worth $109,431,000 after buying an additional 43,249 shares during the period. 95.48% of the stock is currently owned by hedge funds and other institutional investors.
Avient Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, March 18th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $1.08 dividend on an annualized basis and a yield of 2.49%. Avient’s payout ratio is 59.02%.
Avient Company Profile
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 custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks.
Recommended Stories
- Five stocks we like better than Avient
- What is a support level?
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Receive News & Ratings for Avient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avient and related companies with MarketBeat.com's FREE daily email newsletter.