Avantor, Inc. (NYSE:AVTR) Receives $11.80 Average PT from Brokerages

Shares of Avantor, Inc. (NYSE:AVTRGet Free Report) have been assigned a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $11.80.

AVTR has been the subject of a number of research analyst reports. TD Cowen reiterated a “hold” rating on shares of Avantor in a report on Thursday, February 12th. UBS Group reaffirmed a “neutral” rating and issued a $10.50 target price on shares of Avantor in a research report on Thursday, February 12th. Wells Fargo & Company lowered their target price on shares of Avantor from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. Zacks Research cut shares of Avantor from a “hold” rating to a “strong sell” rating in a research report on Friday, February 13th. Finally, Barclays reaffirmed an “underweight” rating and set a $8.50 price objective on shares of Avantor in a research report on Friday, March 6th.

Read Our Latest Report on Avantor

Insider Transactions at Avantor

In other news, Director Gregory T. Lucier acquired 50,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price of $9.16 per share, for a total transaction of $458,000.00. Following the acquisition, the director owned 50,000 shares of the company’s stock, valued at $458,000. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sanjeev K. Mehra bought 125,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of $8.01 per share, for a total transaction of $1,001,250.00. Following the purchase, the director owned 475,000 shares in the company, valued at $3,804,750. This represents a 35.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 275,000 shares of company stock worth $2,399,250 over the last ninety days. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Avantor

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC lifted its position in shares of Avantor by 635.0% during the fourth quarter. Hsbc Holdings PLC now owns 218,287 shares of the company’s stock worth $2,514,000 after purchasing an additional 188,587 shares in the last quarter. Alpine Global Management LLC acquired a new position in shares of Avantor in the fourth quarter valued at approximately $211,000. Pacer Advisors Inc. increased its stake in Avantor by 22.0% during the 4th quarter. Pacer Advisors Inc. now owns 109,417 shares of the company’s stock worth $1,254,000 after buying an additional 19,697 shares during the period. Kera Capital Partners Inc. increased its stake in Avantor by 8.6% during the 4th quarter. Kera Capital Partners Inc. now owns 24,992 shares of the company’s stock worth $273,000 after buying an additional 1,971 shares during the period. Finally, Invesco Ltd. lifted its holdings in Avantor by 7.0% during the 4th quarter. Invesco Ltd. now owns 17,178,716 shares of the company’s stock worth $196,868,000 after buying an additional 1,125,348 shares in the last quarter. 95.08% of the stock is currently owned by hedge funds and other institutional investors.

Avantor Stock Up 1.2%

AVTR stock opened at $7.60 on Friday. Avantor has a one year low of $7.39 and a one year high of $16.78. The firm has a market cap of $5.19 billion, a PE ratio of -9.75, a PEG ratio of 2.95 and a beta of 0.97. The firm’s 50 day moving average price is $9.82 and its 200-day moving average price is $11.43. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.18 and a current ratio of 1.78.

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

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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