Avient Corp
General ticker "AVNT" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $4.5B
Avient Corp follows the US Stock Market performance with the rate: 74.1%.
Estimated limits based on current volatility of 2.9%: low 41.51$, high 43.99$
Factors to consider:
- Company pays dividends: last record date 2024-12-13, amount 0.27$ (Y2.60%)
- US and Canada accounted for 40.4% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [29.95$, 49.51$]
- 2024-12-30 to 2025-12-30 estimated range: [38.08$, 59.20$]
Financial Metrics affecting the AVNT estimates:
- Positive: Non-GAAP EPS, $ of 2.35 > 2.29
- Positive: 1.03 < Operating profit margin, % of 6.26
- Negative: Interest expense per share, $ of 1.27 > 0.74
- Positive: -3.48 < Investing cash flow per share, $ of -1.03
- Negative: Inventory ratio change, % of 9.06 > 1.08
Short-term AVNT quotes
Long-term AVNT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,315.50MM | $3,396.90MM | $3,142.80MM |
| Operating Expenses | $3,035.80MM | $3,153.60MM | $2,946.00MM |
| Operating Income | $279.70MM | $243.30MM | $196.80MM |
| Non-Operating Income | $-76.20MM | $-179.50MM | $-109.50MM |
| Interest Expense | $75.30MM | $119.80MM | $115.30MM |
| R&D Expense | $83.20MM | $84.90MM | $90.30MM |
| Income(Loss) | $203.50MM | $63.80MM | $87.30MM |
| Taxes | $51.90MM | $-19.30MM | $11.00MM |
| Other Income(Loss) | $79.00MM | $620.30MM | $-0.10MM |
| Profit(Loss) | $230.60MM | $703.40MM | $76.20MM |
| Stockholders Equity | $1,774.70MM | $2,334.50MM | $2,319.20MM |
| Inventory | $461.10MM | $372.70MM | $347.00MM |
| Assets | $5,002.90MM | $6,085.00MM | $5,968.50MM |
| Operating Cash Flow | $233.80MM | $398.40MM | $201.60MM |
| Capital expenditure | $100.60MM | $105.50MM | $119.40MM |
| Investing Cash Flow | $-150.20MM | $-504.00MM | $-94.20MM |
| Financing Cash Flow | $-114.60MM | $166.40MM | $-201.70MM |
| Earnings Per Share* | $2.53 | $0.91 | $0.83 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.