Avient (NYSE:AVNT) Issues FY 2025 Earnings Guidance

Avient (NYSE:AVNT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.700-2.940 for the period, compared to the consensus EPS estimate of 2.860. The company issued revenue guidance of -. Avient also updated its Q1 2025 guidance to 0.760-0.760 EPS.

Avient Stock Performance

Avient stock opened at $43.02 on Friday. The stock has a 50-day simple moving average of $42.48 and a 200 day simple moving average of $46.32. The company has a quick ratio of 1.21, a current ratio of 1.63 and a debt-to-equity ratio of 0.87. Avient has a 12-month low of $37.63 and a 12-month high of $54.68. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 26.56, a P/E/G ratio of 1.08 and a beta of 1.51.

Avient (NYSE:AVNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.49. Avient had a return on equity of 10.56% and a net margin of 4.66%. On average, research analysts anticipate that Avient will post 2.65 earnings per share for the current fiscal year.

Avient Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $1.08 annualized dividend and a yield of 2.51%. Avient’s dividend payout ratio is currently 66.67%.

Analysts Set New Price Targets

Several brokerages have weighed in on AVNT. Wells Fargo & Company dropped their price objective on Avient from $59.00 to $55.00 and set an “overweight” rating for the company in a report on Friday. Seaport Res Ptn cut Avient from a “strong-buy” rating to a “hold” rating in a report on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Avient from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Friday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $54.00.

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.