Wall Street Analyst Downgrade Avantor Inc. [AVTR]. What else is Wall St. saying

Avantor Inc. [NYSE: AVTR] slipped around -0.12 points on Monday, while shares priced at $20.48 at the close of the session, down -0.58%. The company report on August 30, 2022 that Avantor® to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference.


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Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, announced that Michael Stubblefield, President and CEO, will be participating in a fireside chat at the Morgan Stanley 20th Annual Global Healthcare Conference at the Sheraton New York Hotel in New York on Monday, September 12, at approximately 4:15 p.m. Eastern Daylight Time.

A live webcast can be accessed on the investors section of Avantor’s website and a replay will be available for approximately 90 days.

Avantor Inc. stock is now -51.40% down from its year-to-date (YTD) trading value. AVTR Stock saw the intraday high of $20.875 and lowest of $20.325 per share. The company’s 52-week high price is 44.06, which means current price is +0.76% above from all time high which was touched on 01/03/22.

Compared to the average trading volume of 6.11M shares, AVTR reached a trading volume of 7182992 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 $33.83 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 1.90. 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 Market Perform, with their previous recommendation back on September 14, 2022. The new note on the price target was released on September 09, 2022, representing the official price target for Avantor Inc. stock. Previously, the target price had yet another raise to $32, while Credit Suisse analysts kept a Neutral rating on AVTR stock. On April 04, 2022, analysts decreased their price target for AVTR shares from 48 to 38.

The Average True Range (ATR) for Avantor Inc. is set at 0.70, with the Price to Sales ratio for AVTR stock in the period of the last 12 months amounting to 1.85. The Price to Book ratio for the last quarter was 2.95, 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 17.35 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 -7.96. With this latest performance, AVTR shares dropped by -22.89% in over the last four-week period, additionally sinking by -38.99% over the last 6 months – not to mention a drop of -53.47% 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 18.70, with the RSI for the last a single of trading hit 13.16, and the three-weeks RSI is set at 23.56 for Avantor Inc. [AVTR]. The present Moving Average for the last 50 days of trading for this stock 26.61, while it was recorded at 21.02 for the last single week of trading, and 32.14 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 14.80%.

Insider trade positions for Avantor Inc. [AVTR]

There are presently around $12,205 million, or 95.50% 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 86,156,553, which is approximately 1.725% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 57,167,237 shares of the stock with an approximate value of $1.17 billion in AVTR stocks shares; and BLACKROCK INC., currently with $815.92 million in AVTR stock with ownership of nearly -12.222% of the company’s market capitalization.

265 institutional holders increased their position in Avantor Inc. [NYSE:AVTR] by around 66,294,196 shares. Additionally, 250 investors decreased positions by around 90,401,562 shares, while 52 investors held positions by with 439,259,842 shares. The mentioned changes placed institutional holdings at 595,955,600 shares, according to the latest SEC report filing. AVTR stock had 69 new institutional investments in for a total of 5,435,479 shares, while 76 institutional investors sold positions of 27,293,669 shares during the same period.

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