Avient Corporation (AVNT)
Avient Statistics
Share Statistics
Avient has 91.53M shares outstanding. The number of shares has increased by 0.2% in one year.
| Shares Outstanding | 91.53M |
| Shares Change (YoY) | 0.2% |
| Shares Change (QoQ) | 0.08% |
| Owned by Institutions (%) | 97.89% |
| Shares Floating | 89.64M |
| Failed to Deliver (FTD) Shares | 780 |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 1.84M, so 2.01% of the outstanding shares have been sold short.
| Short Interest | 1.84M |
| Short % of Shares Out | 2.01% |
| Short % of Float | 2.65% |
| Short Ratio (days to cover) | 1.66 |
Valuation Ratios
The PE ratio is 22.01 and the forward PE ratio is 10.26. Avient's PEG ratio is 0.18.
| PE Ratio | 22.01 |
| Forward PE | 10.26 |
| PS Ratio | 1.15 |
| Forward PS | 0.8 |
| PB Ratio | 1.6 |
| P/FCF Ratio | 27.65 |
| PEG Ratio | 0.18 |
Enterprise Valuation
Avient has an Enterprise Value (EV) of 5.25B.
| EV / Sales | 1.62 |
| EV / EBITDA | 15.95 |
| EV / EBIT | 20.46 |
| EV / FCF | 38.94 |
Financial Position
The company has a current ratio of 1.88, with a Debt / Equity ratio of 0.89.
| Current Ratio | 1.88 |
| Quick Ratio | 1.42 |
| Debt / Equity | 0.89 |
| Debt / EBITDA | 6.28 |
| Debt / FCF | 15.32 |
| Interest Coverage | 3.12 |
Financial Efficiency
Return on Equity is 7.28% and Return on Invested Capital is 4.94%.
| Return on Equity | 7.28% |
| Return on Assets | 2.92% |
| Return on Invested Capital | 4.94% |
| Revenue Per Employee | $352.22K |
| Profits Per Employee | $18.42K |
| Employee Count | 9,200 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 6.3 |
Taxes
| Income Tax | 54.1M |
| Effective Tax Rate | 24.07% |
Stock Price Statistics
The stock price has increased by -21.05% in the last 52 weeks. The beta is 1.42, so Avient's price volatility has been higher than the market average.
| Beta | 1.42 |
| 52-Week Price Change | -21.05% |
| 50-Day Moving Average | 37.49 |
| 200-Day Moving Average | 44.12 |
| Relative Strength Index (RSI) | 47.21 |
| Average Volume (20 Days) | 717.11K |
Income Statement
In the last 12 months, Avient had revenue of 3.24B and earned 169.5M in profits. Earnings per share was 1.86.
| Revenue | 3.24B |
| Gross Profit | 1.06B |
| Operating Income | 329.3M |
| Net Income | 169.5M |
| EBITDA | 329.3M |
| EBIT | 330.4M |
| Earnings Per Share (EPS) | 1.86 |
Balance Sheet
The company has 544.5M in cash and 2.07B in debt, giving a net cash position of -1.52B.
| Cash & Cash Equivalents | 544.5M |
| Total Debt | 2.07B |
| Net Cash | -1.52B |
| Retained Earnings | 1.88B |
| Total Assets | 5.81B |
| Working Capital | 666M |
Cash Flow
In the last 12 months, operating cash flow was 256.8M and capital expenditures -121.9M, giving a free cash flow of 134.9M.
| Operating Cash Flow | 256.8M |
| Capital Expenditures | -121.9M |
| Free Cash Flow | 134.9M |
| FCF Per Share | 1.48 |
Margins
Gross margin is 32.61%, with operating and profit margins of 10.16% and 5.23%.
| Gross Margin | 32.61% |
| Operating Margin | 10.16% |
| Pretax Margin | 6.94% |
| Profit Margin | 5.23% |
| EBITDA Margin | 10.16% |
| EBIT Margin | 10.16% |
| FCF Margin | 4.16% |
Dividends & Yields
AVNT pays an annual dividend of $1.31, which amounts to a dividend yield of 2.63%.
| Dividend Per Share | $1.31 |
| Dividend Yield | 2.63% |
| Dividend Growth (YoY) | 4.85% |
| Payout Ratio | 71.33% |
| Earnings Yield | 4.54% |
| FCF Yield | 3.62% |
Analyst Forecast
The average price target for AVNT is $54.5, which is 62.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $54.5 |
| Price Target Difference | 62.7% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
Scores
| Altman Z-Score | 1.42 |
| Piotroski F-Score | 8 |