463 institutions hold shares in Avantor Inc. (AVTR), with 14.73M shares held by insiders accounting for 2.54% while institutional investors hold 85.77% of the company’s shares. The shares outstanding are 578.70M, and float is at 495.86M with Short Float at 2.74%. Institutions hold 83.60% of the Float.
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The top institutional shareholder in the company is New Mountain Vantage Advisers, L.L.C. with over 64.02 million shares valued at $1.44 billion. The investor’s holdings represent 11.07% of the AVTR Shares outstanding. As of Sep 29, 2020, the second largest holder is Price (T.Rowe) Associates Inc with 51.42 million shares valued at $1.16 billion to account for 8.89% of the shares outstanding. The other top investors are Goldman Sachs Group, Inc. which holds 45.34 million shares representing 7.84% and valued at over $1.02 billion, while Vanguard Group, Inc. (The) holds 6.90% of the shares totaling 39.88 million with a market value of $896.83 million.
Avantor Inc. (NYSE: AVTR) is -0.50% lower on its value in year-to-date trading and has touched a low of $6.66 and a high of $31.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AVTR stock was last observed hovering at around $28.69 in the last trading session, with the day’s loss setting it -0.68% off its average median price target of $35.00 for the next 12 months. It is also 29.97% off the consensus price target high of $40.00 offered by 20 analysts, but current levels are -0.04% lower than the price target low of $28.00 for the same period.
Currently trading at $28.01, the stock is -5.85% and -2.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.4 million and changing -2.37% at the moment leaves the stock 20.65% off its SMA200. AVTR registered 57.01% gain for a year compared to 6-month gain of 32.31%. The firm has a 50-day simple moving average (SMA 50) of $29.52 and a 200-day simple moving average (SMA200) of $25.55.
The stock witnessed a -8.01% loss in the last 1 month and extending the period to 3 months gives it a 5.50%, and is -8.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 3.12% over the month.
Avantor Inc. (AVTR) has around 12400 employees, a market worth around $16.30B and $6.39B in sales. Current P/E ratio is 318.30 and Fwd P/E is 21.24. Profit margin for the company is 0.80%. Distance from 52-week low is 320.89% and -9.79% from its 52-week high. The company has generated returns on investments over the last 12 months (6.30%).
Avantor Inc. (AVTR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Avantor Inc. (AVTR) is a “Buy”. 20 analysts offering their recommendations for the stock have an average rating of 1.80, where 2 rate it as a Hold and 2 think it is a “Overweight”. 16 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Avantor Inc. is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $0.28 with sales reaching $1.71B over the same period.The EPS is expected to grow by 110.70% this year, but quarterly earnings will post 8.70% year-over-year. Quarterly sales are estimated to grow 12.40% in year-over-year returns.
Avantor Inc. (AVTR) Insider Activity
A total of 38 insider transactions have happened at Avantor Inc. (AVTR) in the last six months, with sales accounting for 25 and purchases happening 13 times. The most recent transaction is an insider sale by Wondrasch Michael, the company’s EVP & CIO. SEC filings show that Wondrasch Michael sold 49,468 shares of the company’s common stock on Feb 05 at a price of $29.77 per share for a total of $1.47 million. Following the sale, the insider now owns 0.14 million shares.
Avantor Inc. disclosed in a document filed with the SEC on Jan 11 that Bramwell James (EVP, Strategic Partners) sold a total of 2,505 shares of the company’s common stock. The trade occurred on Jan 11 and was made at $30.00 per share for $75150.0. Following the transaction, the insider now directly holds 0.12 million shares of the AVTR stock.
Still, SEC filings show that on Jan 11, Brophy Gerard (EVP, Biopharma Production) disposed off 378,580 shares at an average price of $30.06 for $11.38 million. The insider now directly holds 178,515 shares of Avantor Inc. (AVTR).