Avantor, Inc. (NYSE:AVTR) Receives Consensus Rating of “Moderate Buy” from Analysts

Avantor, Inc. (NYSE:AVTR) has been given an average rating of “Moderate Buy” by the sixteen analysts that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $26.71.

Several brokerages have recently commented on AVTR. Royal Bank of Canada increased their target price on shares of Avantor from $28.00 to $29.00 and gave the company an “outperform” rating in a report on Thursday, February 15th. Barclays lifted their target price on shares of Avantor from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. UBS Group increased their price target on Avantor from $25.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. Deutsche Bank Aktiengesellschaft boosted their price objective on Avantor from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, Raymond James lifted their target price on Avantor from $22.50 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th.

Insider Transactions at Avantor

In other Avantor news, EVP James Bramwell sold 6,203 shares of the business’s 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 completion of the transaction, the executive vice president now owns 101,143 shares of the company’s stock, valued at approximately $2,476,992.07. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Veracity Capital LLC increased its stake in shares of Avantor by 48.8% during the first quarter. Veracity Capital LLC now owns 53,214 shares of the company’s stock valued at $1,361,000 after buying an additional 17,458 shares during the period. First Trust Direct Indexing L.P. increased its position in Avantor by 14.5% during the 1st quarter. First Trust Direct Indexing L.P. now owns 11,242 shares of the company’s stock valued at $287,000 after purchasing an additional 1,425 shares during the period. Norden Group LLC bought a new position in Avantor in the 1st quarter worth $1,233,000. Dudley & Shanley Inc. boosted its stake in shares of Avantor by 1.1% during the 1st quarter. Dudley & Shanley Inc. now owns 1,111,355 shares of the company’s stock valued at $28,417,000 after purchasing an additional 12,400 shares in the last quarter. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH purchased a new position in shares of Avantor during the first quarter valued at about $93,000. 95.08% of the stock is owned by institutional investors.

Avantor Stock Performance

Shares of AVTR opened at $24.10 on Friday. The stock has a 50-day moving average of $24.93 and a 200-day moving average of $22.46. The company has a market cap of $16.35 billion, a PE ratio of 50.21, a P/E/G ratio of 1.53 and a beta of 1.37. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.61 and a quick ratio of 1.05. Avantor has a one year low of $16.63 and a one year high of $26.16.

Avantor (NYSE:AVTR) last posted its earnings results on Wednesday, February 14th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. Avantor had a return on equity of 14.11% and a net margin of 4.61%. The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same quarter last year, the company earned $0.32 earnings per share. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. On average, equities research analysts predict that Avantor will post 1.01 EPS for the current fiscal year.

Avantor Company Profile

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.