VWR Corporation (VWR) Stock Rating Upgraded by BidaskClub
VWR Corporation (NASDAQ:VWR) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Saturday.
Several other brokerages also recently commented on VWR. Zacks Investment Research upgraded shares of VWR Corporation from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Wednesday, August 2nd. ValuEngine upgraded shares of VWR Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. VWR Corporation presently has a consensus rating of “Hold” and a consensus target price of $31.67.
VWR Corporation (VWR) opened at 33.16 on Friday. The stock has a market capitalization of $4.37 billion, a P/E ratio of 30.70 and a beta of 1.19. The company’s 50-day moving average is $33.04 and its 200-day moving average is $31.48. VWR Corporation has a 12 month low of $24.42 and a 12 month high of $37.25.
VWR Corporation (NASDAQ:VWR) last announced its quarterly earnings results on Monday, July 31st. The medical research company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.16 billion. VWR Corporation had a net margin of 3.12% and a return on equity of 15.54%. VWR Corporation’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the company posted $0.42 EPS. Equities analysts anticipate that VWR Corporation will post $1.87 earnings per share for the current year.
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Institutional investors and hedge funds have recently modified their holdings of the company. Shapiro Capital Management LLC bought a new position in shares of VWR Corporation during the 1st quarter worth approximately $66,793,000. Earnest Partners LLC grew its stake in shares of VWR Corporation by 116.8% during the 1st quarter. Earnest Partners LLC now owns 1,797,102 shares of the medical research company’s stock worth $50,678,000 after acquiring an additional 968,313 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of VWR Corporation by 5.3% during the 1st quarter. Vanguard Group Inc. now owns 6,827,046 shares of the medical research company’s stock worth $192,523,000 after acquiring an additional 345,117 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of VWR Corporation by 7.3% during the 1st quarter. Ameriprise Financial Inc. now owns 49,824 shares of the medical research company’s stock worth $1,405,000 after acquiring an additional 3,374 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in shares of VWR Corporation by 9.9% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 406,257 shares of the medical research company’s stock worth $11,457,000 after acquiring an additional 36,516 shares in the last quarter.
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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