Key Points
- Director Sanjeev Mehra bought 350,000 shares of Avantor at an average of $11.09 per share, a transaction totaling about $3.88 million, now directly owning those 350,000 shares (SEC filing disclosed).
- Avantor recently missed quarterly EPS and revenue expectations and set FY2025 guidance of 0.880–0.920 EPS, while the stock is trading near its 52-week low (around $10.62) with a negative P/E of -81.90.
- Analysts are mixed but consensus is a "Hold" rating with a $14.42 average price target, following several recent upgrades, downgrades, and price-target adjustments.
Avantor, Inc. (NYSE:AVTR - Get Free Report) Director Sanjeev Mehra purchased 350,000 shares of Avantor stock in a transaction dated Friday, December 5th. The shares were bought at an average cost of $11.09 per share, for a total transaction of $3,881,500.00. Following the transaction, the director directly owned 350,000 shares of the company's stock, valued at approximately $3,881,500. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Avantor Stock Down 0.6%
Shares of Avantor stock opened at $10.65 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.49 and a debt-to-equity ratio of 0.65. The firm has a market cap of $7.26 billion, a P/E ratio of -81.90, a P/E/G ratio of 3.68 and a beta of 0.93. Avantor, Inc. has a fifty-two week low of $10.62 and a fifty-two week high of $23.32. The business has a 50-day moving average price of $12.60 and a 200 day moving average price of $12.88.
Avantor (NYSE:AVTR - Get Free Report) last released its earnings results on Wednesday, October 29th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.01). Avantor had a positive return on equity of 10.91% and a negative net margin of 1.25%.The firm had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the prior year, the business earned $0.26 EPS. The company's quarterly revenue was down 5.3% on a year-over-year basis. Avantor has set its FY 2025 guidance at 0.880-0.920 EPS. On average, sell-side analysts forecast that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on AVTR. UBS Group set a $12.00 price target on shares of Avantor in a research report on Thursday, October 30th. Evercore ISI cut their target price on shares of Avantor from $16.00 to $14.00 and set an "outperform" rating on the stock in a report on Thursday, October 30th. Robert W. Baird upped their target price on Avantor from $15.00 to $17.00 and gave the company an "outperform" rating in a report on Friday, October 24th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $12.00 price target (down from $14.00) on shares of Avantor in a research report on Thursday, October 30th. Finally, Raymond James Financial downgraded Avantor from an "outperform" rating to a "market perform" rating in a research note on Tuesday, November 4th. Four analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Avantor currently has a consensus rating of "Hold" and a consensus price target of $14.42.
Check Out Our Latest Research Report on AVTR
Hedge Funds Weigh In On Avantor
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rise Advisors LLC bought a new stake in Avantor during the 1st quarter valued at $25,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Avantor by 288.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,701 shares of the company's stock valued at $28,000 after purchasing an additional 1,263 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Avantor by 119.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company's stock worth $29,000 after purchasing an additional 1,189 shares during the period. Strategic Wealth Investment Group LLC acquired a new stake in Avantor in the second quarter worth about $32,000. Finally, FNY Investment Advisers LLC bought a new position in Avantor in the 2nd quarter valued at about $36,000. 95.08% of the stock is owned by institutional investors.
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.
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