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An In-Depth Look At Avantor Inc. (AVTR)

Avantor Inc. (NYSE:AVTR) has a beta value of 1.35 and has seen 4.93 million shares traded in the last trading session. The company, currently valued at $15.13B, closed the last trade at $21.77 per share which meant it lost -$0.48 on the day or -2.16% during that session. The AVTR stock price is -103.81% off its 52-week high price of $44.37 and -0.05% below the 52-week low of $21.78. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.61 million shares traded. The 3-month trading volume is 6.09 million shares.

The consensus among analysts is that Avantor Inc. (AVTR) is an Overweight stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 4 rate it as Overweight. 3 out of 19 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.37.

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Avantor Inc. (NYSE:AVTR) trade information

Sporting -2.16% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 09/20/22 when the AVTR stock price touched $21.77 or saw a rise of 8.61%. Year-to-date, Avantor Inc. shares have moved -48.34%, while the 5-day performance has seen it change -8.26%. Over the past 30 days, the shares of Avantor Inc. (NYSE:AVTR) have changed -18.00%. Short interest in the company has seen 10.02 million shares shorted with days to cover at 2.02.

Wall Street analysts have a consensus price target for the stock at $34.65, which means that the shares’ value could jump 37.17% from current levels. The projected low price target is $28.00 while the price target rests at a high of $42.00. In that case, then, we find that the current price level is -92.93% off the targeted high while a plunge would see the stock gain -28.62% from current levels.

Avantor Inc. (AVTR) estimates and forecasts

Figures show that Avantor Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -36.88% over the past 6 months, with this year growth rate of 2.84%, compared to 4.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are 5.70% and 5.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 7.40%.

14 analysts offering their estimates for the company have set an average revenue estimate of $1.97 billion for the current quarter. 14 have an estimated revenue figure of $2.03 billion for the next quarter concluding in Dec 2022.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 66.20% over the past 5 years. Earnings growth for 2022 is a modest 850.60% while over the next 5 years, the company’s earnings are expected to increase by 14.80%.

AVTR Dividends

Avantor Inc. is expected to release its next earnings report between April 26 and May 02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Avantor Inc. (NYSE:AVTR)’s Major holders

Insiders own 1.51% of the company shares, while shares held by institutions stand at 92.67% with a share float percentage of 94.09%. Investors are also buoyed by the number of investors in a company, with Avantor Inc. having a total of 705 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 82.16 million shares worth more than $2.78 billion. As of Mar 30, 2022, Price (T.Rowe) Associates Inc held 13.46% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 50.76 million shares as of Mar 30, 2022. The firm’s total holdings are worth over $1.72 billion and represent 8.32% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Price (T.Rowe) Mid Cap Growth Fund. As of Mar 30, 2022, the former fund manager holds about 2.45% shares in the company for having 14.96 million shares of worth $505.93 million while later fund manager owns 14.32 million shares of worth $484.26 million as of Mar 30, 2022, which makes it owner of about 2.35% of company’s outstanding stock.

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