Avantor (NYSE:AVTR) Reaches New 52-Week Low – Here’s What Happened

Avantor, Inc. (NYSE:AVTRGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $9.49 and last traded at $9.3280, with a volume of 353733 shares changing hands. The stock had previously closed at $11.16.

Analyst Ratings Changes

Several analysts have weighed in on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $12.00 price objective (down previously from $14.00) on shares of Avantor in a research note on Thursday, October 30th. UBS Group reiterated a “neutral” rating and set a $10.50 target price on shares of Avantor in a research report on Thursday. TD Cowen reaffirmed a “hold” rating on shares of Avantor in a research note on Thursday. Jefferies Financial Group reissued an “underperform” rating and issued a $8.00 target price on shares of Avantor in a report on Thursday. Finally, Evercore set a $12.00 price target on shares of Avantor and gave the stock an “in-line” rating in a research report on Monday, January 5th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Avantor presently has an average rating of “Hold” and a consensus target price of $12.09.

Get Our Latest Research Report on Avantor

Avantor Trading Up 5.5%

The firm has a market capitalization of $6.57 billion, a PE ratio of -12.49, a PEG ratio of 3.38 and a beta of 0.94. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.78 and a quick ratio of 0.96. The firm’s fifty day moving average is $11.42 and its two-hundred day moving average is $12.26.

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

Insider Buying and Selling at Avantor

In other Avantor news, Director Sanjeev K. Mehra purchased 350,000 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was purchased at an average price of $11.09 per share, for a total transaction of $3,881,500.00. Following the transaction, the director owned 350,000 shares in the company, valued at $3,881,500. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gregory L. Summe acquired 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was bought at an average price of $9.40 per share, for a total transaction of $940,000.00. Following the completion of the transaction, the director owned 400,000 shares of the company’s stock, valued at $3,760,000. The trade was a 33.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Avantor

Hedge funds have recently bought and sold shares of the stock. Boston Partners bought a new position in shares of Avantor in the 4th quarter worth $4,968,000. Clarkston Capital Partners LLC raised its position in Avantor by 0.6% during the fourth quarter. Clarkston Capital Partners LLC now owns 15,105,065 shares of the company’s stock valued at $173,104,000 after purchasing an additional 84,740 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its position in shares of Avantor by 17.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 52,248 shares of the company’s stock valued at $599,000 after purchasing an additional 7,940 shares during the last quarter. Brooklyn Investment Group grew its position in Avantor by 39.0% during the fourth quarter. Brooklyn Investment Group now owns 31,781 shares of the company’s stock valued at $362,000 after acquiring an additional 8,916 shares during the last quarter. Finally, Cibc World Markets Corp bought a new position in Avantor during the 4th quarter worth approximately $1,684,000. 95.08% of the stock is currently owned by institutional investors.

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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