Avantor Inc. (NYSE:AVTR) saw an upside of 0.29% to close Monday at $20.76 after adding $0.06 on the day. The 5-day average trading volume is 5,794,200 shares of the company’s common stock. It has gained $21.19 in the past week and touched a new high 2 times within the past 5 days. An average of 7,187,530 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,412,338.
AVTR’s 1-month performance is 0.14% or $0.03 on its low of $20.09 reached on 08/01/23. The company’s shares have touched a 52-week low of $17.91 and high of $29.13, with the stock’s rally to the 52-week high happening on 03/03/23. YTD, AVTR has lost -1.56% or -$0.33 and has reached a new high 13 times. However, the current price is down -28.73% from the 52-week high price.
Insider Transactions
AVTR stock investors last saw insider trading activity on Apr 11.Couturier Christophe (EVP, AMEA) most recently sold 1,498 shares at $21.18 per share on Apr 11. This transaction cost the insider $31,728. EVP, Biopharma Production, Brophy Gerard, sold 3,914 shares at a price of $25.00 on Mar 03. Then, on Feb 28, EVP, AMEA Couturier Christophe sold 2,324 shares at a price of $24.32 per share. This transaction amounted to $56,520.
Valuation Metrics
AVTR stock has a beta of 1.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.95 while the price-to-book (PB) in the most recent quarter is 2.80, with the price to cash flow ratio at 19.37.
Avantor Inc.’s quick ratio for the period ended June 29 was 1.00, 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 1.11, while the total debt to equity was 1.17. In terms of profitability, the gross margin trailing 12 months is 34.60%. The trailing 12-month EBITDA margin is 20.74% while for the period ending June 29, Avantor Inc.’s operating margin was 11.50%. The firm’s gross profit as reported stood at $2.6 billion against revenue of $7.51 billion.
Earnings Surprise
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 2556.16% to -$7.3 million, while revenue of $121.5 million was 1764.38% off the previous quarter. Analysts expected AVTR to announce $0.29 per share in earnings in its latest quarter, but it posted $0.28, representing a -3.40% surprise. EBITDA for the quarter stood at more than $177.6 million. AVTR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 8.05 billion, with total debt at $5.88 billion. Shareholders hold equity totaling $675.92 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 07 August was 42.58% to suggest the stock is trending Neutral, with historical volatility in this time period at 42.67%.
The stock’s 5-day moving average is $20.79, reflecting a +0.92% or $0.19 change from its current price. AVTR is currently trading +0.39% above its 20-day SMA, -1.38% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.71% and SMA200 by+0.73%.
Stochastic %K and %D was 16.62% and 18.82% and the average true range (ATR) pointed at 0.85. The RSI (14) points at 46.38%, while the 14-day stochastic is at 18.66% with the period’s ATR at 0.82. The stock’s 9-day MACD Oscillator is pointing at -0.64 and -1.02 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Avantor Inc. (NYSE: AVTR), William Blair downgraded it to a Mkt perform rating. They previously had an Outperform rating on the stock.
