Avient Corp

Company Profile

Avient Corp had its IPO on 1999-09-13 under the ticker symbol AVNT.

The company operates in the Basic Materials sector and Specialty Chemicals industry. Avient Corp has a staff strength of 9,700 employees.

Stock update

Shares of Avient Corp opened at $37.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $37.64 - $38.03, and closed at $37.75.

This is a -0.37% slip from the previous day's closing price.

A total volume of 270,002 shares were traded at the close of the day’s session.

In the last one week, shares of Avient Corp have slipped by -6.74%.

Avient Corp's Key Ratios

Avient Corp has a market cap of $3.69 billion, indicating a price to book ratio of 1.8132 and a price to sales ratio of 0.6169.

In the last 12-months Avient Corp’s revenue was $3.35 billion with a gross profit of $964 million and an EBITDA of $471.40 million. The EBITDA ratio measures Avient Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Avient Corp’s operating margin was 8.98% while its return on assets stood at 3.37% with a return of equity of 1.89%.

In Q1, Avient Corp’s quarterly earnings growth was a negative -76.1% while revenue growth was a negative 5.2%.

Avient Corp’s PE and PEG Ratio

Forward PE

12.7065

Trailing PE

94.2326

PEG

0.8469

Its diluted EPS in the last 12-months stands at $0.43 per share while it has a forward price to earnings multiple of 12.7065 and a PEG multiple of 0.8469. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Avient Corp’s profitability.

Avient Corp stock is trading at a EV to sales ratio of 1.1686 and a EV to EBITDA ratio of 11.2636. Its price to sales ratio in the trailing 12-months stood at 0.6169.

Avient Corp stock pays annual dividends of $0.97 per share, indicating a yield of 2.55% and a payout ratio of 37.98%.

Balance sheet and cash flow metrics

Total Assets

$6.11 billion

Total Liabilities

$837.20 million

Operating Cash Flow

$-13000000.00

Capital Expenditure

$20.30 million

Dividend Payout Ratio

37.98%

Avient Corp ended 2024 with $6.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.11 billion while shareholder equity stood at $2.35 billion.

Avient Corp ended 2024 with $332.50 million in deferred long-term liabilities, $837.20 million in other current liabilities, in common stock, $0 in retained earnings and $1.69 billion in goodwill. Its cash balance stood at $582.70 million and cash and short-term investments were $582.70 million. The company’s total short-term debt was $2,200,000 while long-term debt stood at $2.18 billion.

Avient Corp’s total current assets stands at $1.56 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $484.40 million compared to accounts payable of $448.10 million and inventory worth $371.90 million.

In 2024, Avient Corp's operating cash flow was $-13000000.00 while its capital expenditure stood at $20.30 million.

Comparatively, Avient Corp paid $0.38 in dividends in 2024.

Other key metrics

Current Trading Price

$37.75

52-Week High

$50.6721

52-Week Low

$27.2814

Analyst Target Price

$49.59

Avient Corp stock is currently trading at $37.75 per share. It touched a 52-week high of $50.6721 and a 52-week low of $50.6721. Analysts tracking the stock have a 12-month average target price of $49.59.

Its 50-day moving average was $39.36 and 200-day moving average was $38.49 The short ratio stood at 4 indicating a short percent outstanding of 0%.

Around 172.3% of the company’s stock are held by insiders while 9833% are held by institutions.