Avantor Inc. [NYSE: AVTR] traded at a low on 08/09/22, posting a -1.69 loss after which it closed the day’ session at $27.86. The company report on July 28, 2022 that Avantor® Reports Second Quarter 2022 Results.
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Net sales of $1.91 billion, increase of 2.8%; core organic net sales growth of 6.4%.
Net income of $187.4 million; Adjusted EBITDA of $404.1 million.
The results of the trading session contributed to over 5177452 shares changing hands. Over the past one week, the price volatility of Avantor Inc. stands at 2.48% while the volatility over the past one month is 3.39%.
The market cap for AVTR stock reached $18.78 billion, with 644.20 million shares outstanding. Compared to the average trading volume of 5.28M shares, AVTR reached a trading volume of 5177452 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $36.19 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 1.70. 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.
Citigroup have made an estimate for Avantor Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 04, 2022. While these analysts kept the previous recommendation, Cowen dropped their target price from $62 to $47. The new note on the price target was released on October 15, 2021, representing the official price target for Avantor Inc. stock. Previously, the target price had yet another raise to $45, while Raymond James analysts kept a Outperform rating on AVTR stock.
The Average True Range (ATR) for Avantor Inc. is set at 1.04, with the Price to Sales ratio for AVTR stock in the period of the last 12 months amounting to 2.47. The Price to Book ratio for the last quarter was 4.01, with the Price to Cash per share for the same quarter was set at 0.35. Price to Free Cash Flow for AVTR in the course of the last twelve months was 23.21 with Quick ratio for the last quarter at 1.00.
How has AVTR stock performed recently?
Avantor Inc. [AVTR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.75. With this latest performance, AVTR shares dropped by -10.68% in over the last four-week period, additionally sinking by -23.48% over the last 6 months – not to mention a drop of -27.37% 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 37.27, with the RSI for the last a single of trading hit 32.35, and the three-weeks RSI is set at 40.09 for Avantor Inc. [AVTR]. The present Moving Average for the last 50 days of trading for this stock 30.61, while it was recorded at 28.39 for the last single week of trading, and 34.44 for the last 200 days.
Avantor Inc. [AVTR]: Deeper insight into the fundamentals
Avantor Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.60.
Earnings analysis for Avantor Inc. [AVTR]
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 19.17%.
Insider trade positions for Avantor Inc. [AVTR]
There are presently around $16,808 million, or 92.50% 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 84,695,249, which is approximately 13.816% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 50,759,035 shares of the stock with an approximate value of $1.41 billion in AVTR stocks shares; and BLACKROCK INC., currently with $1.26 billion in AVTR stock with ownership of nearly 3.697% of the company’s market capitalization.
262 institutional holders increased their position in Avantor Inc. [NYSE:AVTR] by around 48,785,702 shares. Additionally, 258 investors decreased positions by around 53,969,796 shares, while 62 investors held positions by with 500,530,337 shares. The mentioned changes placed institutional holdings at 603,285,835 shares, according to the latest SEC report filing. AVTR stock had 69 new institutional investments in for a total of 8,720,557 shares, while 76 institutional investors sold positions of 7,685,514 shares during the same period.