Avantor, Inc. (NYSE:AVTR) Receives Average Rating of “Hold” from Brokerages

Shares of Avantor, Inc. (NYSE:AVTRGet Free Report) have been assigned a consensus recommendation of “Hold” from the sixteen brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $11.80.

A number of research firms recently issued reports on AVTR. TD Cowen reissued a “hold” rating on shares of Avantor in a research note on Thursday, February 12th. Jefferies Financial Group reissued an “underperform” rating and set a $8.00 price objective on shares of Avantor in a research report on Thursday, February 12th. Bank of America cut shares of Avantor from a “buy” rating to a “neutral” rating and set a $13.00 target price on the stock. in a report on Monday, December 15th. Zacks Research downgraded shares of Avantor from a “hold” rating to a “strong sell” rating in a research report on Friday, February 13th. Finally, UBS Group reiterated a “neutral” rating and issued a $10.50 price target on shares of Avantor in a research note on Thursday, February 12th.

Get Our Latest Analysis on Avantor

Avantor Stock Performance

NYSE:AVTR opened at $7.43 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 0.70. The firm’s fifty day simple moving average is $9.45 and its 200 day simple moving average is $11.30. The stock has a market cap of $5.06 billion, a P/E ratio of -9.52, a price-to-earnings-growth ratio of 3.01 and a beta of 0.97. Avantor has a twelve month low of $7.26 and a twelve month high of $16.35.

Avantor (NYSE:AVTRGet Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.64 billion. Avantor had a negative net margin of 8.09% and a positive return on equity of 10.45%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.27 EPS. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. As a group, research analysts predict that Avantor will post 1.06 EPS for the current year.

Insiders Place Their Bets

In other Avantor news, Director Sanjeev K. Mehra bought 125,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $8.01 per share, for a total transaction of $1,001,250.00. Following the completion of the acquisition, the director owned 475,000 shares of the company’s stock, valued at approximately $3,804,750. This trade represents a 35.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gregory T. Lucier purchased 50,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was bought at an average cost of $9.16 per share, for a total transaction of $458,000.00. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at approximately $458,000. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 275,000 shares of company stock worth $2,399,250. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in shares of Avantor by 104.3% during the first quarter. Royal Bank of Canada now owns 203,738 shares of the company’s stock valued at $3,302,000 after acquiring an additional 104,022 shares in the last quarter. Empowered Funds LLC grew its position in Avantor by 40.3% during the 1st quarter. Empowered Funds LLC now owns 17,659 shares of the company’s stock valued at $286,000 after purchasing an additional 5,075 shares during the last quarter. ProShare Advisors LLC grew its position in Avantor by 4.2% during the 2nd quarter. ProShare Advisors LLC now owns 30,213 shares of the company’s stock valued at $407,000 after purchasing an additional 1,204 shares during the last quarter. Allworth Financial LP increased its stake in Avantor by 110.0% during the 2nd quarter. Allworth Financial LP now owns 3,740 shares of the company’s stock valued at $50,000 after purchasing an additional 1,959 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Avantor by 7.6% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 175,080 shares of the company’s stock valued at $2,357,000 after purchasing an additional 12,316 shares in the last quarter. Institutional investors own 95.08% of the company’s stock.

Avantor Company Profile

(Get Free Report)

Avantor, Inc (NYSE:AVTR) is a global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. The company delivers essential solutions that support research, development, production and safety applications. Its product portfolio spans from high-purity chemicals and reagents to biologics and cell culture media, as well as lab equipment, consumables and custom manufacturing services.

Avantor’s offerings are organized across two primary segments.

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Analyst Recommendations for Avantor (NYSE:AVTR)

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