Avient (AVNT) vs. Its Competitors Head-To-Head Comparison

Avient (NYSE:AVNT) is one of 295 publicly-traded companies in the “Chemicals” industry, but how does it contrast to its competitors? We will compare Avient to related companies based on the strength of its dividends, valuation, risk, earnings, profitability, institutional ownership and analyst recommendations.

Risk and Volatility

Avient has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500. Comparatively, Avient’s competitors have a beta of 0.93, indicating that their average stock price is 7% less volatile than the S&P 500.

Earnings & Valuation

This table compares Avient and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Avient	$3.26 billion	$81.90 million	23.36
Avient Competitors	$6.40 billion	$222.31 million	6.86

Avient’s competitors have higher revenue and earnings than Avient. Avient is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Avient and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Avient	5.27%	12.17%	4.95%
Avient Competitors	-59.14%	-0.41%	-1.37%

Dividends

Avient pays an annual dividend of $1.10 per share and has a dividend yield of 2.4%. Avient pays out 56.4% of its earnings in the form of a dividend. As a group, “Chemicals” companies pay a dividend yield of 3.1% and pay out 104.9% of their earnings in the form of a dividend. Avient has increased its dividend for 1 consecutive years.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Avient and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Avient	0	4	3	0	2.43
Avient Competitors	3248	12210	14131	519	2.40

Avient currently has a consensus target price of $47.88, indicating a potential upside of 5.12%. As a group, “Chemicals” companies have a potential upside of 8.91%. Given Avient’s competitors higher possible upside, analysts plainly believe Avient has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

95.5% of Avient shares are held by institutional investors. Comparatively, 47.4% of shares of all “Chemicals” companies are held by institutional investors. 0.9% of Avient shares are held by insiders. Comparatively, 13.7% of shares of all “Chemicals” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Avient beats its competitors on 8 of the 15 factors compared.

Avient Company Profile

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. Its products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.