Avient Co. (NYSE:AVNT – Free Report) – Equities research analysts at Seaport Res Ptn dropped their Q1 2025 earnings estimates for Avient in a report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now anticipates that the company will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.83. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for Avient’s current full-year earnings is $2.65 per share. Seaport Res Ptn also issued estimates for Avient’s FY2026 earnings at $3.31 EPS.
Avient (NYSE:AVNT – Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.02. The business had revenue of $815.20 million during the quarter, compared to analyst estimates of $797.50 million. Avient had a return on equity of 10.56% and a net margin of 4.66%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 EPS.
Get Our Latest Stock Analysis on AVNT
Avient Trading Down 0.8 %
NYSE AVNT opened at $42.64 on Thursday. Avient has a 52 week low of $35.58 and a 52 week high of $54.68. The business has a 50 day moving average price of $45.00 and a 200-day moving average price of $46.53. The company has a quick ratio of 1.21, a current ratio of 1.63 and a debt-to-equity ratio of 0.87. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 26.32, a P/E/G ratio of 1.06 and a beta of 1.52.
Insider Buying and Selling
In related news, SVP Joel R. Rathbun sold 5,762 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $51.45, for a total transaction of $296,454.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.88% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Avient
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trust Point Inc. grew its holdings in shares of Avient by 23.6% in the fourth quarter. Trust Point Inc. now owns 5,164 shares of the company’s stock valued at $211,000 after acquiring an additional 985 shares in the last quarter. Jennison Associates LLC boosted its position in Avient by 7.6% in the fourth quarter. Jennison Associates LLC now owns 1,825,283 shares of the company’s stock worth $74,581,000 after purchasing an additional 128,718 shares during the last quarter. KBC Group NV grew its stake in Avient by 47.2% in the 4th quarter. KBC Group NV now owns 4,090 shares of the company’s stock valued at $167,000 after purchasing an additional 1,312 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in shares of Avient during the 4th quarter valued at $225,000. Finally, Linden Thomas Advisory Services LLC raised its stake in shares of Avient by 16.2% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 22,133 shares of the company’s stock worth $904,000 after purchasing an additional 3,078 shares during the period. Hedge funds and other institutional investors own 95.48% of the company’s stock.
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.
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