What is Seaport Res Ptn’s Estimate for Avient Q1 Earnings?

Avient Co. (NYSE:AVNT) – Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings per share (EPS) estimates for Avient in a note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now expects 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) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. The company had revenue of $815.20 million for the quarter, compared to the consensus estimate of $797.50 million. Avient had a net margin of 4.66% and a return on equity of 10.56%. Avient’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 EPS.

Other analysts also recently issued reports about the company. Wells Fargo & Company increased their target price on Avient from $55.00 to $59.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Oppenheimer increased their price objective on shares of Avient from $53.00 to $58.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.50.

Avient Trading Up 1.7 %

NYSE:AVNT opened at $43.06 on Thursday. Avient has a 52 week low of $35.58 and a 52 week high of $54.68. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 1.01 and a beta of 1.52. The company’s 50 day moving average price is $45.16 and its 200-day moving average price is $46.52. The company has a quick ratio of 1.21, a current ratio of 1.63 and a debt-to-equity ratio of 0.87.

Institutional Trading of Avient

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its stake in Avient by 6.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 153,100 shares of the company’s stock worth $6,683,000 after purchasing an additional 9,531 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Avient in the second quarter worth about $1,089,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of Avient by 23.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,536 shares of the company’s stock worth $373,000 after buying an additional 1,633 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Avient in the second quarter worth about $807,000. Finally, Sei Investments Co. boosted its stake in Avient by 39.4% during the second quarter. Sei Investments Co. now owns 155,763 shares of the company’s stock valued at $6,799,000 after buying an additional 44,026 shares during the last quarter. Institutional investors own 95.48% of the company’s stock.

Insider Transactions at Avient

In other news, SVP Joel R. Rathbun sold 5,762 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $51.45, for a total value of $296,454.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.88% 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.