Market Analysts see Avantor Inc [AVTR] gaining to $30. Time to buy?

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Avantor Inc [NYSE: AVTR] price plunged by -1.28 percent to reach at -$0.29.

The one-year AVTR stock forecast points to a potential upside of 17.41. The average equity rating for AVTR stock is currently 1.83, trading closer to a bullish pattern in the stock market.

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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 $27.00 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 1.83. 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.

Wells Fargo have made an estimate for Avantor Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 28, 2024. While these analysts kept the previous recommendation, Citigroup dropped their target price from $30 to $23. The new note on the price target was released on July 10, 2024, representing the official price target for Avantor Inc stock. Previously, the target price had yet another raise from $19.50 to $26, while Evercore ISI kept a Outperform rating on AVTR stock. On December 11, 2023, analysts increased their price target for AVTR shares from 21 to 28.

The Average True Range (ATR) for Avantor Inc is set at 0.60, with the Price to Sales ratio for AVTR stock in the period of the last 12 months amounting to 2.19. The Price to Book ratio for the last quarter was 2.73, with the Price to Cash per share for the same quarter was set at 0.43. Price to Free Cash Flow for AVTR in the course of the last twelve months was 19.96 with Quick ratio for the last quarter at 1.06.

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 -1.11. With this latest performance, AVTR shares dropped by -9.90% in over the last four-week period, additionally sinking by -8.19% over the last 6 months – not to mention a rise of 21.26% 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 30.50, with the RSI for the last a single of trading hit 28.67, and the three-weeks RSI is set at 34.00 for Avantor Inc [AVTR]. The present Moving Average for the last 50 days of trading for this stock 24.84, while it was recorded at 22.72 for the last single week of trading, and 24.29 for the last 200 days.

Insight into Avantor Inc Fundamentals:

Avantor Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.06 and a Current Ratio set at 1.54.

AVTR Stock EPS

With the latest financial reports released by the company, Avantor Inc posted 0.25/share EPS, while the average EPS was predicted by analysts to be reported at 0.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. 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 9.00%.

Avantor Inc [AVTR] Institutonal Ownership Details

There are presently around $98.46%, or 99.70%% of AVTR stock, in the hands of institutional investors. The top three institutional holders of AVTR stocks are: T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with ownership of 69.67 million shares, which is approximately 10.2749%. DODGE & COX, holding 65.36 million shares of the stock with an approximate value of $$1.39 billion in AVTR stocks shares; and DODGE & COX, currently with $$1.36 billion in AVTR stock with ownership which is approximately 9.475%.