Avantor Inc. (NYSE:AVTR) saw an upside of 2.74% to close Monday at $23.65 after adding $0.63 on the day. The 5-day average trading volume is 5,166,040 shares of the company’s common stock. It has gained $23.76 in the past week and touched a new high 5 times within the past 5 days. An average of 5,532,005 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,551,834.
AVTR’s 1-month performance is 15.99% or $3.11 on its low of $19.69 reached on 01/06/23. The company’s shares have touched a 52-week low of $17.91 and high of $38.83, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, AVTR has achieved 12.14% or $2.56 and has reached a new high 8 times. However, the current price is down -39.09% from the 52-week high price.
AVTR stock investors last saw insider trading activity on Nov 16.Vanderhaegen Frederic (EVP, Americas & Europe) most recently sold 39,000 shares at $31.61 per share on May 23. This transaction cost the insider $1,232,790. EVP, Biopharma Production, Brophy Gerard, sold 19,603 shares at a price of $31.27 on May 20. Then, on Mar 01, EVP, Biopharma Production Brophy Gerard sold 2,027 shares at a price of $34.47 per share. This transaction amounted to $69,871.
AVTR stock has a beta of 1.37. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.06 while the price-to-book (PB) in the most recent quarter is 3.47, with the price to cash flow ratio at 19.63.
Avantor Inc.’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 1.60. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.29, while the total debt to equity was 1.35. In terms of profitability, the gross margin trailing 12 months is 34.60%. The firm’s gross profit as reported stood at $2.5 billion against revenue of $7.39 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 15.75% to $167.0 million, while revenue of $179.3 million was -7.37% off the previous quarter. Analysts expected AVTR to announce $0.38 per share in earnings in its latest quarter, but it posted $0.37, representing a -2.60% surprise. EBITDA for the quarter stood at more than $380.0 million. AVTR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 8.52 billion, with total debt at $6.54 billion. Shareholders hold equity totaling $674.2 million.
Let’s look briefly at Avantor Inc. (AVTR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 78.85% to suggest the stock is trending Overbought, with historical volatility in this time period at 28.78%.
The stock’s 5-day moving average is $22.76, reflecting a +7.01% or $1.55 change from its current price. AVTR is currently trading +14.36% above its 20-day SMA, -6.23% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +17.84% and SMA200 by-25.21%.
Stochastic %K and %D was 95.53% and 91.32% and the average true range (ATR) pointed at 0.72. The RSI (14) points at 70.63%, while the 14-day stochastic is at 97.30% with the period’s ATR at 0.71. The stock’s 9-day MACD Oscillator is pointing at 0.70 and 1.28 on the 14-day charts.
In the most recent analyst report for Avantor Inc. (NYSE: AVTR), Deutsche Bank launched coverage with a Hold rating. Analysts offering their rating for AVTR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate AVTR as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 12 have offered a “buy” rating.
What is AVTR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $21.00 and a high of $30.00, with their median price target at $26.00. Looking at these predictions, the average price target given by analysts is for Avantor Inc. (AVTR) stock is $26.61.