Avantor, Inc. (NYSE:AVTR – Get Rating) saw unusually large options trading on Friday. Investors acquired 20,049 call options on the stock. This is an increase of 602% compared to the typical daily volume of 2,857 call options.
Avantor Stock Up 1.4 %
Avantor stock opened at $21.62 on Friday. Avantor has a fifty-two week low of $17.91 and a fifty-two week high of $42.48. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.07 and a current ratio of 1.65. The firm has a 50 day moving average price of $21.14 and a 200 day moving average price of $26.85. The company has a market capitalization of $14.58 billion, a PE ratio of 23.00 and a beta of 1.37.
Avantor (NYSE:AVTR – Get Rating) last posted its quarterly earnings results on Friday, October 28th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.33 by $0.01. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.85 billion. Avantor had a net margin of 8.38% and a return on equity of 24.67%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Research analysts expect that Avantor will post 1.39 earnings per share for the current year.
Hedge Funds Weigh In On Avantor
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on AVTR shares. UBS Group lowered their price objective on Avantor to $33.00 in a report on Friday, November 4th. Credit Suisse Group lowered their price objective on Avantor from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Monday, October 31st. Wells Fargo & Company lowered their price objective on Avantor from $33.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, October 31st. Stifel Nicolaus lowered their price objective on Avantor from $35.00 to $28.00 in a report on Monday, September 19th. Finally, KeyCorp lowered their price objective on Avantor from $51.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday, September 15th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.93.
Avantor Company Profile
Avantor, Inc provides products and services to customers in biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography resins and columns, analytical sample prep kits, education and microbiology products, clinical trial kits, peristaltic pumps, and fluid handling tips.
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