Cowen slashes price target on Avantor Inc. [AVTR] – find out why.

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Avantor Inc. [NYSE: AVTR] stock went on a downward path that fall over -3.43% on Tuesday, amounting to a one-week price decrease of less than -5.25%. The company report on December 22, 2021 that CORRECTING AND REPLACING: Avantor to Participate in the 40th Annual J.P. Morgan Healthcare Conference.

In a press release issued under the same headline on December 14, 2021, by Avantor, Inc. (NYSE: AVTR), please note that the presentation time has been updated now that the conference has moved to a virtual format. The correct presentation time is 12:45 p.m. Pacific Time / 9:45 a.m. Eastern Time. All other information remains the same.


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Over the last 12 months, AVTR stock rose by 42.23%. The one-year Avantor Inc. stock forecast points to a potential upside of 13.91. The average equity rating for AVTR stock is currently 1.60, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $23.80 billion, with 588.50 million shares outstanding and 571.52 million shares in the current float. Compared to the average trading volume of 3.69M shares, AVTR stock reached a trading volume of 4941677 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Avantor Inc. [AVTR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AVTR shares is $45.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AVTR stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for Avantor Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 15, 2021. While these analysts kept the previous recommendation, Raymond James raised their target price to Outperform. The new note on the price target was released on August 30, 2021, representing the official price target for Avantor Inc. stock. Previously, the target price had yet another raise to $42, while Credit Suisse analysts kept a Outperform rating on AVTR stock. On August 02, 2021, analysts increased their price target for AVTR shares from 40 to 45.

The Average True Range (ATR) for Avantor Inc. is set at 1.19, with the Price to Sales ratio for AVTR stock in the period of the last 12 months amounting to 3.27. The Price to Book ratio for the last quarter was 7.43, with the Price to Cash per share for the same quarter was set at 2.35. Price to Free Cash Flow for AVTR in the course of the last twelve months was 27.44 with Quick ratio for the last quarter at 2.10.

AVTR Stock Performance Analysis:

Avantor Inc. [AVTR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.25. With this latest performance, AVTR shares gained by 2.35% in over the last four-week period, additionally plugging by 9.66% over the last 6 months – not to mention a rise of 42.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AVTR stock in for the last two-week period is set at 43.42, with the RSI for the last a single of trading hit 37.34, and the three-weeks RSI is set at 46.27 for Avantor Inc. [AVTR]. The present Moving Average for the last 50 days of trading for this stock 39.49, while it was recorded at 41.12 for the last single week of trading, and 36.69 for the last 200 days.

Insight into Avantor Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Avantor Inc. [AVTR] shares currently have an operating margin of +11.24 and a Gross Margin at +27.73. Avantor Inc.’s Net Margin is presently recorded at +1.82.

Return on Total Capital for AVTR is now 9.32, given the latest momentum, and Return on Invested Capital for the company is 1.53. Return on Equity for this stock inclined to 4.54, with Return on Assets sitting at 1.18. When it comes to the capital structure of this company, Avantor Inc. [AVTR] has a Total Debt to Total Equity ratio set at 187.96. Additionally, AVTR Total Debt to Total Capital is recorded at 65.27, with Total Debt to Total Assets ending up at 50.74. Long-Term Debt to Equity for the company is recorded at 297.24, with the Long-Term Debt to Total Capital now at 64.48.

Reflecting on the efficiency of the workforce at the company, Avantor Inc. [AVTR] managed to generate an average of $9,403 per employee. Receivables Turnover for the company is 6.08 with a Total Asset Turnover recorded at a value of 0.65.Avantor Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.70.

AVTR Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AVTR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Avantor Inc. go to 23.83%.

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Avantor Inc. [AVTR] Insider Position Details

There are presently around $22,826 million, or 94.60% of AVTR stock, in the hands of institutional investors. The top three institutional holders of AVTR stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 72,080,108, which is approximately 2.598% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 48,951,195 shares of the stock with an approximate value of $1.99 billion in AVTR stocks shares; and BLACKROCK INC., currently with $1.55 billion in AVTR stock with ownership of nearly 8.325% of the company’s market capitalization.

Positions in Avantor Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 237 institutional holders increased their position in Avantor Inc. [NYSE:AVTR] by around 67,998,161 shares. Additionally, 217 investors decreased positions by around 30,983,064 shares, while 51 investors held positions by with 463,796,221 shares. The mentioned changes placed institutional holdings at 562,777,446 shares, according to the latest SEC report filing. AVTR stock had 77 new institutional investments in for a total of 23,098,185 shares, while 39 institutional investors sold positions of 2,425,094 shares during the same period.