Avient (NYSE:AVNT) Announces Earnings Results

Avient (NYSE:AVNT) announced its quarterly earnings results on Thursday. The company reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49, Zacks reports. Avient had a net margin of 4.66% and a return on equity of 10.56%. Avient updated its Q1 2025 guidance to 0.760-0.760 EPS and its FY 2025 guidance to 2.700-2.940 EPS.

Avient Stock Performance

NYSE AVNT traded up $0.95 on Thursday, hitting $42.69. 424,609 shares of the stock were exchanged, compared to its average volume of 517,068. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.63 and a quick ratio of 1.21. The business’s fifty day moving average is $42.75 and its 200 day moving average is $46.36. Avient has a 52 week low of $37.33 and a 52 week high of $54.68. The company has a market capitalization of $3.90 billion, a PE ratio of 26.30, a P/E/G ratio of 1.08 and a beta of 1.51.

Avient Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, March 18th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date is Tuesday, March 18th. Avient’s dividend payout ratio is presently 66.67%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Avient from $55.00 to $59.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Seaport Res Ptn lowered shares of Avient from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 18th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $55.50.

About Avient

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.