VWR Corporation (VWR) Raised to Buy at ValuEngine
VWR Corporation (NASDAQ:VWR) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Tuesday.
A number of other brokerages have also recently issued reports on VWR. Zacks Investment Research cut VWR Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, September 14th. BidaskClub upgraded VWR Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. VWR Corporation has an average rating of “Hold” and an average target price of $31.67.
Shares of VWR Corporation (NASDAQ VWR) traded up $0.07 during trading on Tuesday, hitting $33.17. The stock had a trading volume of 610,151 shares, compared to its average volume of 1,060,000. VWR Corporation has a one year low of $24.42 and a one year high of $37.25. The company has a market cap of $4,360.00, a PE ratio of 18.19 and a beta of 1.17. The company has a current ratio of 1.19, a quick ratio of 0.76 and a debt-to-equity ratio of 1.13.
VWR Corporation (NASDAQ:VWR) last announced its quarterly earnings data on Tuesday, November 7th. The medical research company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.08. VWR Corporation had a return on equity of 15.54% and a net margin of 3.12%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the prior year, the business posted $0.44 EPS. The business’s revenue was up 5.2% compared to the same quarter last year. analysts forecast that VWR Corporation will post 1.83 earnings per share for the current fiscal year.
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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC raised its stake in VWR Corporation by 1,089.9% in the 3rd quarter. SG Americas Securities LLC now owns 191,283 shares of the medical research company’s stock valued at $6,333,000 after acquiring an additional 175,208 shares during the period. Crossmark Global Holdings Inc. bought a new stake in VWR Corporation in the 3rd quarter valued at $318,000. Aperio Group LLC raised its stake in VWR Corporation by 7.5% in the 3rd quarter. Aperio Group LLC now owns 53,329 shares of the medical research company’s stock valued at $1,766,000 after acquiring an additional 3,721 shares during the period. Colony Group LLC raised its stake in VWR Corporation by 6.5% in the 2nd quarter. Colony Group LLC now owns 144,191 shares of the medical research company’s stock valued at $4,760,000 after acquiring an additional 8,835 shares during the period. Finally, Amalgamated Bank raised its stake in VWR Corporation by 37.9% in the 2nd quarter. Amalgamated Bank now owns 15,445 shares of the medical research company’s stock valued at $510,000 after acquiring an additional 4,243 shares during the period. Institutional investors and hedge funds own 97.52% of the company’s stock.
About VWR Corporation
VWR Corporation is a provider of product and service solutions to laboratory and production customers. The Company offers a portfolio of branded and private label laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: Americas and EMEA-APAC.
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