Avantor (NYSE:AVTR) Reaches New 1-Year Low – Here’s Why

Avantor, Inc. (NYSE:AVTR)’s stock price reached a new 52-week low on Monday . The company traded as low as $7.79 and last traded at $7.8250, with a volume of 3266576 shares changing hands. The stock had previously closed at $7.93.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wells Fargo & Company cut their price objective on shares of Avantor from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, February 13th. Stifel Nicolaus set a $10.00 price target on shares of Avantor in a research note on Thursday, February 12th. Zacks Research cut shares of Avantor from a “hold” rating to a “strong sell” rating in a report on Friday, February 13th. Citigroup reduced their price objective on shares of Avantor from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Finally, Robert W. Baird set a $11.00 target price on Avantor in a research report on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $11.80.

Avantor Stock Performance

The stock’s 50 day moving average price is $10.36 and its two-hundred day moving average price is $11.66. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of -9.90, a PEG ratio of 3.11 and a beta of 0.97.

Avantor (NYSE:AVTR) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, beating 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 firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the business earned $0.27 earnings per share. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. On average, analysts forecast that Avantor, Inc. will post 1.06 EPS for the current year.

Insider Transactions at Avantor

In other news, Director Gregory T. Lucier acquired 50,000 shares of Avantor stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of $9.16 per share, with a total value of $458,000.00. Following the completion of the acquisition, the director owned 50,000 shares in the company, valued at $458,000. This trade represents 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 bought 100,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were purchased 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. This represents a 33.33% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 275,000 shares of company stock valued at $2,399,250 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in Avantor by 104.3% during the 1st quarter. Royal Bank of Canada now owns 203,738 shares of the company’s stock valued at $3,302,000 after acquiring an additional 104,022 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Avantor by 40.3% in the first quarter. Empowered Funds LLC now owns 17,659 shares of the company’s stock valued at $286,000 after purchasing an additional 5,075 shares in the last quarter. ProShare Advisors LLC lifted its holdings in shares of Avantor by 4.2% in the second quarter. ProShare Advisors LLC now owns 30,213 shares of the company’s stock valued at $407,000 after purchasing an additional 1,204 shares in the last quarter. Allworth Financial LP grew its position in shares of Avantor by 110.0% in the second quarter. Allworth Financial LP now owns 3,740 shares of the company’s stock valued at $50,000 after purchasing an additional 1,959 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Avantor by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 11,905,647 shares of the company’s stock worth $159,751,000 after purchasing an additional 109,207 shares in the last quarter. Hedge funds and other institutional investors own 95.08% of the company’s stock.

Avantor Company Profile

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.