Head-To-Head Analysis: Avient (AVNT) & The Competition

Avient (NYSE:AVNT) is one of 296 public companies in the “Chemicals” industry, but how does it contrast to its competitors? We will compare Avient to similar businesses based on the strength of its institutional ownership, dividends, profitability, analyst recommendations, valuation, risk and earnings.

Insider and Institutional Ownership

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

Earnings & Valuation

This table compares Avient and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Avient	$3.42 billion	$81.90 million	23.41
Avient Competitors	$7.96 billion	$229.42 million	20.18

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	-54.07%	-0.31%	-1.28%

Volatility and Risk

Avient has a beta of 1.23, meaning that its stock price is 23% more volatile than the S&P 500. Comparatively, Avient’s competitors have a beta of 0.94, meaning that their average stock price is 6% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for Avient and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Avient	0	4	3	0	2.43
Avient Competitors	3272	12238	14147	520	2.39

Avient presently has a consensus target price of $48.75, indicating a potential upside of 6.79%. As a group, “Chemicals” companies have a potential upside of 6.53%. Given Avient’s stronger consensus rating and higher probable upside, analysts clearly believe Avient is more favorable than its competitors.

Dividends

Avient pays an annual dividend of $1.13 per share and has a dividend yield of 2.5%. Avient pays out 57.9% of its earnings in the form of a dividend. As a group, “Chemicals” companies pay a dividend yield of 3.0% and pay out 101.2% of their earnings in the form of a dividend. Avient has raised its dividend for 1 consecutive years.

Summary

Avient beats its competitors on 9 of the 15 factors compared.

About Avient

Avient Corporation is a global provider of specialty polymer materials, services and solutions. Its offerings include colorants, additives, specialty engineered compounds and other materials designed to enhance the performance, appearance or processing of plastics and other polymers. The company serves customers across industries such as packaging, healthcare, transportation, consumer products and construction. Avient’s products include color and additive concentrates, specialty thermoplastic compounds, and high-performance materials, including advanced fibers and composites.