Avient Corporation Revised FY24 Adjusted EPS To $2.50-$2.65 (From $2.40-$2.65) Vs. $2.54 Estimate
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Avient Corporation Revised FY24 Adjusted EPS To $2.50-$2.65 (From $2.40-$2.65) Vs. $2.54 Estimate
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | Buy → Neutral | Seaport Research Partners | |
| 8/7/2024 | $49.00 → $52.00 | Hold → Buy | Deutsche Bank |
| 11/6/2023 | $46.00 → $37.00 | Buy → Hold | Deutsche Bank |
| 2/16/2023 | $50.00 | Perform → Outperform | Oppenheimer |
| 10/17/2022 | $40.00 | Buy | Deutsche Bank |
| 9/28/2022 | Outperform → Perform | Oppenheimer | |
| 1/11/2022 | $57.00 → $63.00 | Equal-Weight | Morgan Stanley |
| 12/10/2021 | $62.00 → $65.00 | Overweight | Wells Fargo |
CLEVELAND, Nov. 4, 2024 /PRNewswire/ -- Avient Corporation (NYSE:AVNT), a leading provider of specialized and sustainable materials solutions, will host an Investor Day for the investment community on Wednesday, December 4, 2024, beginning at 10:00 a.m. Eastern Time at the New York Stock Exchange (NYSE). "I am looking forward to the opportunity to share the details of our strategic approach for the next chapter of Avient," said Dr. Ashish Khandpur, President and Chief Executive Officer of Avient Corporation. "Our strategy is focused on delivering growth with margin expansion b
Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end marketsThird quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarterThird quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segments, as well as lower interest expense2024 full-year adjusted EPS guidance range narrowed to $2.63 to $2.67, from prior guidance range of $2.55 to $2.70; Revised guidance reflects 11% to 13% growth in adjusted EPS over the prior yearIncreased dividend 5% to $1.08, on an annual
CLEVELAND, Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE:AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-seven cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase. The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024. On an annualized basis, the dividend will increase approximately 5%, from $1.03 to $1.08 per share on the common stock outstanding. "We are plea
10-Q - AVIENT CORP (0001122976) (Filer)
8-K - AVIENT CORP (0001122976) (Filer)
8-K - AVIENT CORP (0001122976) (Filer)
Seaport Research Partners downgraded Avient from Buy to Neutral
Deutsche Bank upgraded Avient from Hold to Buy and set a new price target of $52.00 from $49.00 previously
Deutsche Bank downgraded Avient from Buy to Hold and set a new price target of $37.00 from $46.00 previously
Third quarter sales increased 8% over the prior year quarter to $815 million supported by broad-based growth across all regions and most end marketsThird quarter GAAP EPS from continuing operations of $0.41 compared to $0.06 in the prior year quarterThird quarter adjusted EPS of $0.65 exceeded guidance of $0.62 and increased 14% over prior year quarter, driven by organic revenue growth and margin expansion in both segments, as well as lower interest expense2024 full-year adjusted EPS guidance range narrowed to $2.63 to $2.67, from prior guidance range of $2.55 to $2.70; Revised guidance reflects 11% to 13% growth in adjusted EPS over the prior yearIncreased dividend 5% to $1.08, on an annual
CLEVELAND, Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE:AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-seven cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase. The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024. On an annualized basis, the dividend will increase approximately 5%, from $1.03 to $1.08 per share on the common stock outstanding. "We are plea
CLEVELAND, Oct. 3, 2024 /PRNewswire/ -- Avient Corporation (NYSE:AVNT), a leading provider of specialized and sustainable materials solutions, intends to release its third quarter 2024 earnings before the market opens on Thursday, October 31, 2024. The company will then host a webcast with a slide presentation at 8:00 a.m. Eastern Time on Thursday, October 31, 2024. The webcast can be viewed live at avient.com/investors, or by clicking on the webcast link here. Conference call participants in the question and answer session should pre-register using the link at avient.com/in
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Cannabis producer Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA: 1BUP) reported its financial results on Monday for the second quarter ended May 31, 2024. The British Columbia-based company said in a press release that it has achieved "significant financial milestones driven by strategic international expansion and operational improvements." Q2 2024 Financial Highlights Gross revenue increased by 5% reaching CA$9.4 million ($6.8 million) compared to the second quarter of 2023, while net revenue rose by 4% over the same period to CA$8.3 million, demonstrating sustained growth driven by robust international demand. International sales rose 26% year-over-year to reach a record CA
Avient (NYSE:AVNT) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 1 1 0 0 0 1M Ago 0 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $51.0, a high estimate of $53.00, and a low estimate of $49.00. Surpassing the previous average price target of $47.25
Wells Fargo analyst Michael Sison maintains Avient (NYSE:AVNT) with a Overweight and raises the price target from $50 to $52.
Sends Letter to Masimo Shareholders and Releases 160-Page Investor Presentation Urges Shareholders to Help Deliver Immediate Change by Voting for Both of Politan's Independent and Ideally Qualified Nominees Darlene Solomon and William Jellison on the WHITE Card Shareholders Can Visit www.AdvanceMasimo.com for Further Information Politan Capital Management (together with its affiliates, "Politan"), an 8.9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ:MASI), today sent a letter to the Company's shareholders outlining why a majority of truly independent directors are urgently needed in the Masimo boardroom. Politan also released a detailed investor presentation m
Jamie A. Beggs and Scott A. Tozier to Join as Newest Board Members Ilene S. Gordon to Retire from the Board MEMPHIS, Tenn., May 22, 2024 /PRNewswire/ -- International Paper ("IP") (NYSE:IP) announced that Jamie A. Beggs and Scott A. Tozier have been elected to IP's Board of Directors, effective May 21, 2024. The company also announced that Ilene S. Gordon has retired from the Board citing personal and health reasons, effective May 21, 2024. Ms. Beggs, age 47, currently serves as Senior Vice President and Chief Financial Officer of Avient Corporation (NYSE:AVNT), a premier pr
Robert M. Patterson to Remain in an Advisory Role Until His Retirement on May 31, 2024 Richard H. Fearon Appointed Non-Executive Chairman of the Board CLEVELAND, Nov. 13, 2023 /PRNewswire/ -- Avient Corporation (NYSE:AVNT), a leading provider of specialized and sustainable material solutions, today announced that its Board of Directors has unanimously voted to elect Dr. Ashish K. Khandpur as President and Chief Executive Officer, effective December 1, 2023. In connection with this appointment, the Board has elected Richard H. Fearon, Lead Independent Director, as Non-Executive Chairman of the Board, also effective December 1, 2023.
SC 13G/A - AVIENT CORP (0001122976) (Subject)
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