Avantor (NYSE:AVTR - Get Free Report ) had its price target lowered by equities research analysts at Robert W. Baird from $27.00 to $26.00 in a report released on Monday, Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Robert W. Baird's target price points to a potential upside of 7.97% from the stock's current price.
Get Avantor alerts:
Sign Up
Several other equities analysts also recently weighed in on AVTR. Barclays raised their price target on Avantor from $27.00 to $30.00 and gave the company an "overweight" rating in a report on Wednesday, April 10th. Citigroup increased their price target on shares of Avantor from $24.00 to $30.00 and gave the company a "buy" rating in a report on Thursday, February 15th. Raymond James boosted their price objective on shares of Avantor from $22.50 to $26.00 and gave the stock an "outperform" rating in a report on Friday, January 26th. Deutsche Bank Aktiengesellschaft increased their target price on Avantor from $23.00 to $25.00 and gave the company a "hold" rating in a research note on Thursday, April 18th. Finally, UBS Group boosted their price target on Avantor from $25.00 to $29.00 and gave the stock a "buy" rating in a research note on Thursday, February 15th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $26.71.
Check Out Our Latest Stock Report on AVTR
Avantor Stock Up 0.6 % Shares of Avantor stock traded up $0.14 during trading on Monday, hitting $24.08. The company's stock had a trading volume of 8,537,751 shares, compared to its average volume of 5,847,505. Avantor has a 52 week low of $16.63 and a 52 week high of $26.16. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.05 and a current ratio of 1.61. The company has a fifty day simple moving average of $25.09 and a two-hundred day simple moving average of $22.66. The company has a market capitalization of $16.33 billion, a PE ratio of 61.74, a P/E/G ratio of 2.44 and a beta of 1.37.
Avantor (NYSE:AVTR - Get Free Report ) last released its earnings results on Friday, April 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.68 billion. Avantor had a net margin of 3.79% and a return on equity of 13.15%. The business's revenue was down 5.6% on a year-over-year basis. During the same period last year, the business earned $0.29 earnings per share. Equities research analysts predict that Avantor will post 1.01 earnings per share for the current year.
Insider Buying and Selling In other Avantor news, EVP James Bramwell sold 6,203 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $24.49, for a total value of $151,911.47. Following the transaction, the executive vice president now directly owns 101,143 shares in the company, valued at $2,476,992.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . 1.50% of the stock is currently owned by insiders.
Institutional Inflows and Outflows Several institutional investors have recently made changes to their positions in AVTR. Fifth Third Bancorp raised its position in shares of Avantor by 125.3% during the 4th quarter. Fifth Third Bancorp now owns 1,248 shares of the company's stock valued at $28,000 after purchasing an additional 694 shares during the period. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Avantor by 565.5% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,331 shares of the company's stock valued at $30,000 after acquiring an additional 1,131 shares during the last quarter. Gladius Capital Management LP purchased a new stake in Avantor in the 4th quarter worth $42,000. Montag A & Associates Inc. bought a new position in shares of Avantor during the 4th quarter valued at about $43,000. Finally, TFO Wealth Partners LLC boosted its stake in Avantor by 203,100.0% during the fourth quarter. TFO Wealth Partners LLC now owns 2,032 shares of the company's stock valued at $46,000 after buying an additional 2,031 shares during the last quarter. Institutional investors own 95.08% of the company's stock.
Avantor Company Profile (
Get Free Report )
Avantor, Inc engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography resins and columns, analytical sample prep kits, education and microbiology products, clinical trial kits, peristaltic pumps, and fluid handling tips.
Featured Articles
Before you consider Avantor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Avantor wasn't on the list.
While Avantor currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
