Want to see AVNT full AI Analyst Report?
Top Page
Avient
(NYSE:AVNT)
Select Model
Select Model
Rating:65Neutral
Price Target:
$44.00
▼(-1.39% Downside)
Action:Reiterated
Date:10/09/26
AVNT scores in the mid-range primarily because core financial performance is stable but not high-quality (modest ROE, meaningful leverage, and soft recent FCF growth). The latest earnings call meaningfully supports the score via raised guidance, record margin performance, and continued debt reduction, while technicals are mixed and valuation is reasonable rather than compelling.
Positive Factors
Specialty innovation and growth opportunities
Avient’s specialized materials pipeline targets attractive electronics, computing and infrastructure applications, while its electronics business has doubled over three years. These differentiated formulations can deepen customer relationships, expand the specialty mix and support durable growth as new products scale.
Negative Factors
Persistent transportation weakness
Weak vehicle production and marine demand can suppress volumes across an important served end market for several quarters. The lack of expected improvement through the second half limits near-term growth conversion and may keep utilization and operating leverage below potential.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialty innovation and growth opportunities
Avient’s specialized materials pipeline targets attractive electronics, computing and infrastructure applications, while its electronics business has doubled over three years. These differentiated formulations can deepen customer relationships, expand the specialty mix and support durable growth as new products scale.
Read all positive factors
Avient (AVNT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.47B
Dividend Yield2.91%
Average Volume (3M)657.15K
Price to Earnings (P/E)20.3
Beta (1Y)1.39
Revenue Growth2.36%
EPS Growth42.56%
CountryUS
Employees9,000
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)1.86
Shares Outstanding91,719,550
10 Day Avg. Volume695,041
30 Day Avg. Volume657,147
Financial Highlights & Ratios
PEG Ratio-0.67
Price to Book (P/B)1.20
Price to Sales (P/S)0.88
P/FCF Ratio14.66
Enterprise Value/Market Cap1.41
Enterprise Value/Revenue1.46
Enterprise Value/Gross Profit4.55
Enterprise Value/Ebitda9.71
Forecast
1Y Price Target
$50.00Price Target Upside12.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)3.18
Revenue Forecast (FY)$3.42B
Avient Business Overview & Revenue Model
Company Description
Avient Corporation, established in 1885 and based in Avon Lake, Ohio, is a global enterprise specializing in advanced material solutions, custom formulation services, and sustainable products. The company, which operated as PolyOne Corporation unt...
How the Company Makes Money
Avient makes money primarily by selling specialty polymer products and related services to manufacturers and processors. Its revenue model is largely transaction-based: it produces and/or sources materials and sells them at a price that reflects r...
Avient Earnings Call Summary
Earnings Call Date:Aug 06, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 04, 2026
Earnings Call Sentiment Positive
The call communicated broad operational and financial progress: a quarterly EPS beat, record adjusted EBITDA margin, solid organic growth driven by price and improving volumes, strong Asia performance, raised full-year guidance, and meaningful debt reduction and cash generation. Several end-market and regional headwinds were acknowledged (transportation softness, U.S. volume pressure, healthcare inventory rebalancing) along with some one-time comps and macro/raw-material uncertainty. However, management emphasized sustainable execution, margin expansion initiatives, large addressable opportunities (electronics/data center), and optionality for capital deployment as leverage falls toward target levels. On balance, the positives — including guidance raise, margin record, region/segment outperformance, debt paydown and sizable growth opportunities — outweigh the near-term challenges and uncertainties.Positive Updates
Adjusted EPS Beat and Strong YoY EPS Growth
Reported adjusted EPS of $0.96 in Q2, beating expectations by $0.09 and delivering 20% adjusted EPS growth year-over-year for the quarter.
Negative Updates
Transportation End Market Weakness
Transportation demand remains soft due to lower vehicle production and weaker marine demand; management does not expect improvement in Q3 or likely the entire second half of the year.
Read all updates
Q2-2026 Updates
Positive
Negative
Adjusted EPS Beat and Strong YoY EPS Growth
Reported adjusted EPS of $0.96 in Q2, beating expectations by $0.09 and delivering 20% adjusted EPS growth year-over-year for the quarter.
Read all positive updates
Company Guidance
Avient raised its 2026 outlook, now expecting adjusted EBITDA of $575–$603 million, adjusted EPS of $3.10–$3.25, and free cash flow of $210–$230 million, while trimming 2026 capital expenditures to $120–$130 million (from a prior $140 million) versus $107 million in 2025; Q3 adjusted EPS was called at approximately $0.80 (up ~14% YoY). Management cited Q2 results that underpinned the update: Q2 adjusted EPS $0.96 (20% YoY growth), record adjusted EBITDA margin of 18.3% (up 110 bps YoY), organic sales +4.3% (Q2 volume ~25% of that and price ~75%), segment CAI adjusted EBITDA $125 million (margin 21.7%, +80 bps) and SEM adjusted EBITDA $76 million (margin +310 bps, with ~100 bps benefit from lapping $3M maintenance), 1H: organic sales +1.2%, margin expansion +70 bps, adjusted EBITDA +4.7% and adjusted EPS +9.1% (ex-FX). Strong cash generation funded a $50 million Q2 debt repayment (total debt reduction $200 million over 12 months) and management now expects full‑year debt paydown of $100–$150 million with net leverage exiting 2026 around 2.2–2.4x.Avient Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
62
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.33B | 3.26B | 3.24B | 3.14B | 3.40B | 3.32B |
| Gross Profit | 1.07B | 1.06B | 1.06B | 902.70M | 882.70M | 943.80M |
| EBITDA | 501.50M | 548.70M | 510.10M | 391.40M | 346.70M | 424.60M |
| Net Income | 171.80M | 81.90M | 169.50M | 75.70M | 153.00M | 230.80M |
Balance Sheet | ||||||
| Total Assets | 6.00B | 6.03B | 5.81B | 5.97B | 6.08B | 5.00B |
| Cash, Cash Equivalents and Short-Term Investments | 425.60M | 510.50M | 544.50M | 545.80M | 641.10M | 601.20M |
| Total Debt | 1.88B | 1.92B | 2.15B | 2.14B | 2.24B | 1.92B |
| Total Liabilities | 3.55B | 3.64B | 3.48B | 3.63B | 3.73B | 3.21B |
| Stockholders Equity | 2.44B | 2.37B | 2.31B | 2.32B | 2.33B | 1.77B |
Cash Flow | ||||||
| Free Cash Flow | 54.50M | 195.00M | 134.90M | 82.20M | 292.90M | 133.20M |
| Operating Cash Flow | 162.90M | 301.60M | 256.80M | 201.60M | 398.40M | 233.80M |
| Investing Cash Flow | -98.80M | -97.00M | -120.60M | -94.20M | -504.00M | -150.20M |
| Financing Cash Flow | -253.70M | -257.10M | -120.90M | -201.70M | 166.40M | -114.60M |
Avient Technical Analysis
Negative
44.62
Price Trends
42.05
Negative
38.95
Negative
37.43
Positive
Market Momentum
-0.44
Positive
29.30
Positive
48.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AVNT, the sentiment is Negative. The current price of 44.62 is above the 20-day moving average (MA) of 40.77, above the 50-day MA of 42.05, and above the 200-day MA of 37.43, indicating a neutral trend. The MACD of -0.44 indicates Positive momentum. The RSI at 29.30 is Positive, neither overbought nor oversold. The STOCH value of 48.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AVNT.
Avient Risk Analysis
Avient disclosed 17 risk factors in its most recent earnings report. Avient reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Avient Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $7.17B | 16.20 | 7.42% | 5.36% | -4.30% | -46.24% | |
67 Neutral | $3.87B | 20.75 | 12.07% | 2.46% | -4.74% | -53.83% | |
65 Neutral | $3.47B | 20.32 | 7.17% | 2.84% | 2.36% | 42.56% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | $8.85B | 49.40 | 6.57% | 0.88% | 26.61% | -25.95% | |
56 Neutral | $3.23B | 61.90 | 2.77% | 2.37% | -1.39% | ― | |
47 Neutral | $2.05B | -6.81 | -170.31% | 2.57% | -1.38% | 28.10% |
* Basic Materials Sector Average
AVNT
Avient
37.79
7.70
25.57%
ASH
Ashland
70.57
23.54
50.04%
CBT
Cabot
74.91
6.98
10.28%
EMN
Eastman Chemical
62.69
5.49
9.60%
ESI
Element Solutions
36.32
11.47
46.15%
CC
Chemours Company
13.61
0.46
3.47%
Avient Corporate Events
Business Operations and StrategyExecutive/Board Changes
Avient Announces New CEO and Governance Leadership Changes
Positive
Oct 9, 2026
On October 7, 2026, Avient’s Board elected Michael J. (Mike) Frank as President and Chief Executive Officer and as a director, succeeding Dr. Ashish K. Khandpur, who will remain an adviser through December 31, 2026 to support the transition....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.