Avient Corp Stock Today

AVNT Stock  USD 45.92  0.97  2.07%   

Performance

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Odds Of Distress

Less than 8

 
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Low
Avient Corp is selling for under 45.92 as of the 17th of December 2024; that is 2.07% down since the beginning of the trading day. The stock's last reported lowest price was 45.75. Avient Corp has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain
Materials
IPO Date
13th of September 1999
Category
Basic Materials
Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio. Avient Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 91.36 M outstanding shares of which 1.65 M shares are presently shorted by private and institutional investors with about 3.06 trading days to cover. More on Avient Corp

Moving together with Avient Stock

  0.64CC ChemoursPairCorr

Moving against Avient Stock

  0.43FF FutureFuel CorpPairCorr
  0.39DNMR Danimer ScientificPairCorr
  0.35ASH Ashland Global HoldingsPairCorr

Avient Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentAshish Khandpur
Thematic Ideas
(View all Themes)
Business ConcentrationSpecialty Chemicals, Basic Materials, NYSE Composite, SP Midcap 400, Synthetics, Chemicals Makers, Plastics, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.50.5266
Notably Down
Slightly volatile
Gross Profit Margin0.140.2872
Way Down
Slightly volatile
Net Debt799.7 M1.6 B
Way Down
Slightly volatile
Total Current Liabilities590.5 M773.6 M
Way Down
Slightly volatile
Non Current Liabilities TotalB2.9 B
Sufficiently Up
Slightly volatile
Total Assets6.3 BB
Sufficiently Up
Slightly volatile
Total Current AssetsB1.4 B
Way Down
Slightly volatile
Total Cash From Operating Activities162.7 M201.6 M
Significantly Down
Slightly volatile
Debt Levels
Avient Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Avient Corp's financial leverage. It provides some insight into what part of Avient Corp's total assets is financed by creditors.
Liquidity
Avient Corp currently holds 2.14 B in liabilities with Debt to Equity (D/E) ratio of 1.05, which is about average as compared to similar companies. Avient Corp has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Avient Corp's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

47.8 Million
Avient Corp (AVNT) is traded on New York Stock Exchange in USA. It is located in 33587 Walker Road, Avon Lake, OH, United States, 44012 and employs 9,300 people. Avient Corp is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.34 B. Avient Corp conducts business under Chemicals sector and is part of Materials industry. The entity has 91.36 M outstanding shares of which 1.65 M shares are presently shorted by private and institutional investors with about 3.06 trading days to cover. Avient Corp currently holds about 645.1 M in cash with 201.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.09.
Check Avient Corp Probability Of Bankruptcy
Ownership Allocation
Avient Corp holds a total of 91.36 Million outstanding shares. The majority of Avient Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avient Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avient Corp. Please pay attention to any change in the institutional holdings of Avient Corp as this could imply that something significant has changed or is about to change at the company. Also note that nearly six hundred thirty-nine thousand five hundred fifty-one invesors are currently shorting Avient Corp expressing very little confidence in its future performance.
Check Avient Ownership Details

Avient Stock Institutional Holders

InstituionRecorded OnShares
Westfield Capital Management Company, L.p.2024-09-30
1.5 M
Lord, Abbett & Co Llc2024-09-30
1.5 M
Bamco Inc2024-09-30
1.5 M
Gw&k Investment Management, Llc2024-09-30
1.3 M
Charles Schwab Investment Management Inc2024-09-30
1.2 M
Silvercrest Asset Management Group Llc2024-09-30
1.2 M
Nuveen Asset Management, Llc2024-09-30
1.2 M
Norges Bank2024-06-30
1.2 M
American Century Companies Inc2024-09-30
1.2 M
Blackrock Inc2024-06-30
11.1 M
Vanguard Group Inc2024-09-30
10.2 M
View Avient Corp Diagnostics

Avient Corp Historical Income Statement

At this time, Avient Corp's Total Revenue is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 395.9 M in 2024. View More Fundamentals

Avient Stock Against Markets

Avient Corp Corporate Management

Michael GarrattSenior Vice President and Presidentident - Color, Additives and Inks, EMEAProfile
Kim MinkIndependent DirectorProfile
Robert JamesAssistant SecretaryProfile
Richard FearonLead Independent DirectorProfile
Joao NetoChief Human Resource Officer, Senior Vice PresidentProfile

Already Invested in Avient Corp?

The danger of trading Avient Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Avient Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Avient Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avient Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Avient Stock Analysis

When running Avient Corp's price analysis, check to measure Avient Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avient Corp is operating at the current time. Most of Avient Corp's value examination focuses on studying past and present price action to predict the probability of Avient Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avient Corp's price. Additionally, you may evaluate how the addition of Avient Corp to your portfolios can decrease your overall portfolio volatility.