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 Trading Up 1.3 %

Avient stock traded up $0.56 during midday trading on Friday, reaching $43.51. 264,766 shares of the stock traded hands, compared to its average volume of 533,369. The company has a 50-day simple moving average of $42.61 and a two-hundred day simple moving average of $46.34. Avient has a 12-month low of $37.63 and a 12-month high of $54.68. The firm has a market cap of $3.97 billion, a PE ratio of 26.88, a price-to-earnings-growth ratio of 1.08 and a beta of 1.51. The company has a current ratio of 1.63, a quick ratio of 1.21 and a debt-to-equity ratio of 0.87.

Avient (NYSE:AVNT) last announced its earnings results on Thursday, February 13th. The company reported $0.49 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%. Research analysts expect that Avient will post 2.65 earnings per share for the current fiscal year.

Avient Announces Dividend

The business 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 dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Tuesday, March 18th. Avient’s dividend payout ratio is presently 66.67%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of Avient from $55.00 to $59.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Seaport Res Ptn cut shares of Avient from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Avient from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Avient currently has an average rating of “Moderate Buy” and an average target price of $55.00.

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.