In the latest trading session, 1.03 million Avantor Inc. (NYSE:AVTR) shares changed hands as the company’s beta touched 1.33. With the company’s most recent per share price at $24.04 changed hands at -$0.45 or -1.84% at last look, the market valuation stands at $16.34B. AVTR’s current price is a discount, trading about -16.47% off its 52-week high of $28.00. The share price had its 52-week low at $16.63, which suggests the last value was 30.82% up since then. When we look at Avantor Inc.’s average trading volume, we note the 10-day average is 5.44 million shares, with the 3-month average coming to 7.70 million.

Analysts gave the Avantor Inc. (AVTR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.83. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended AVTR as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Avantor Inc.’s EPS for the current quarter is expected to be 0.25.

Avantor Inc. (NYSE:AVTR) trade information

Instantly AVTR was in red as seen in intraday trades today. With action -3.38%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 5.30%, with the 5-day performance at -3.38% in the red. However, in the 30-day time frame, Avantor Inc. (NYSE:AVTR) is -9.56% down. Looking at the short shares, we see there were 35.91 million shares sold at short interest cover period of 7.15 days.

The consensus price target for the stock as assigned by Wall Street analysts is 31.5, meaning bulls need an upside of 23.68% from its recent market value. According to analyst projections, AVTR’s forecast low is 25 with 50 as the target high. To hit the forecast high, the stock’s price needs a -107.99% plunge from its current level, while the stock would need to soar -3.99% for it to hit the projected low.

Avantor Inc. (AVTR) estimates and forecasts

Data shows that the Avantor Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -6.28% over the past 6 months, a -4.72% in annual growth rate that is considerably lower than the industry average of 7.00%. Year-over-year growth is forecast to reach -0.90% down from the last financial year.

Consensus estimates given by 18 financial analysts project the company’s revenue in the current quarter to hit an average of 1.73B. 16 analysts are of the opinion that Avantor Inc.’s revenue for the current quarter will be 1.8B. The company’s revenue for the corresponding quarters a year ago was 1.7B and 1.72B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.20%. The estimates for the next quarter sales put growth at 4.30%.

The 2024 estimates are for Avantor Inc. earnings to decrease by -5.46%, but the outlook for the next 5-year period is at 10.00% per year.

AVTR Dividends

Avantor Inc. is expected to release its next quarterly earnings report on 2024-Oct-25.

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

If we look at who the major shareholders are, we find that insiders hold 1.25% of Avantor Inc. shares while 97.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 98.76%. There are 97.53% institutions holding the Avantor Inc. stock share, with T. ROWE PRICE INVESTMENT MANAGEMENT, INC. the top institutional holder. As of 2024-06-30, the company held 10.2749% of the shares, roughly 69.67 million AVTR shares worth $1.48 billion.

DODGE & COX holds the second largest percentage of outstanding shares, with 9.6393% or 65.36 million shares worth $1.39 billion as of 2024-06-30.