Avantor Inc (NYSE: AVTR) is -7.10% lower on its value in year-to-date trading and has touched a low of $19.59 and a high of $28.00 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 $21.02 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $21.21, the stock is -1.41% and -4.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.97 million and changing 0.90% at the moment leaves the stock -11.30% off its SMA200. AVTR registered -6.65% loss for a year compared to 6-month loss of -5.73%. The firm has a 50-day simple moving average (SMA 50) of $22.2236 and a 200-day simple moving average (SMA200) of $23.9108.
The stock witnessed a 5.31% gain in the last 1 month and extending the period to 3 months gives it a -20.20%, and is -5.02% 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 2.90% over the week and 2.54% over the month.
Avantor Inc (AVTR) has around 14500 employees, a market worth around $14.57B and $6.82B in sales. Current P/E ratio is 46.68 and Fwd P/E is 18.90. Profit margin for the company is 4.54%. Distance from 52-week low is 8.27% and -24.25% from its 52-week high. The company has generated returns on investments over the last 12 months (3.02%).
with sales reaching $1.71B over the same period.The EPS is expected to shrink by -7.25% this year, but quarterly earnings will post -2.16% year-over-year. Quarterly sales are estimated to shrink -0.46% in year-over-year returns.
Avantor Inc (AVTR) Top Institutional Holders
758.0 institutions hold shares in Avantor Inc (AVTR), with institutional investors hold 104.31% of the company’s shares. The shares outstanding are 680.60M, and float is at 663.86M with Short Float at 4.06%. Institutions hold 103.01% of the Float.
The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 69.67 million shares valued at $1.48 billion. The investor’s holdings represent 10.2749% of the AVTR Shares outstanding. As of 2024-06-30, the second largest holder is DODGE & COX with 65.36 million shares valued at $1.39 billion to account for 9.6393 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 64.25 million shares representing 9.475% and valued at over $1.36 billion, while BLACKROCK INC. holds 6.4898 of the shares totaling 44.01 million with a market value of $932.96 million.
Avantor Inc (AVTR) Insider Activity
The most recent transaction is an insider sale by Eck Steven W, the company’s SVP & Chief Accounting Officer. SEC filings show that Eck Steven W sold 3,525 shares of the company’s common stock on Sep 05 ’24 at a price of $25.06 per share for a total of $88336.0. Following the sale, the insider now owns 29544.0 shares.
Still, SEC filings show that on Aug 26 ’24, Wondrasch Michael (Officer) Proposed Sale 17,000 shares at an average price of $25.54 for $0.43 million. The insider now directly holds shares of Avantor Inc (AVTR).
