The stock of Avantor Inc. (AVTR) has seen a 1.17% increase in the past week, with a 2.05% gain in the past month, and a 18.24% flourish in the past quarter. The volatility ratio for the week is 1.97%, and the volatility levels for the past 30 days are at 1.92% for AVTR. The simple moving average for the past 20 days is 1.71% for AVTR’s stock, with a 18.64% simple moving average for the past 200 days.
Is It Worth Investing in Avantor Inc. (NYSE: AVTR) Right Now?
Avantor Inc. (NYSE: AVTR) has a price-to-earnings ratio of 54.67x that is above its average ratio. Additionally, the 36-month beta value for AVTR is 1.36. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AVTR is 661.73M and currently, short sellers hold a 4.15% ratio of that float. The average trading volume of AVTR on April 08, 2024 was 6.00M shares.
AVTR) stock’s latest price update
Avantor Inc. (NYSE: AVTR)’s stock price has increased by 3.07 compared to its previous closing price of 25.10. However, the company has seen a 1.17% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-26 that Avantor’s (AVTR) strong product portfolio raises optimism about the stock.
Analysts’ Opinion of AVTR
Many brokerage firms have already submitted their reports for AVTR stocks, with Evercore ISI repeating the rating for AVTR by listing it as a “Outperform.” The predicted price for AVTR in the upcoming period, according to Evercore ISI is $26 based on the research report published on January 04, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see AVTR reach a price target of $28, previously predicting the price at $21. The rating they have provided for AVTR stocks is “Outperform” according to the report published on December 11th, 2023.
Bernstein gave a rating of “Mkt Perform” to AVTR, setting the target price at $22 in the report published on September 28th of the previous year.
AVTR Trading at 5.83% from the 50-Day Moving Average
After a stumble in the market that brought AVTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.11% of loss for the given period.
Volatility was left at 1.92%, however, over the last 30 days, the volatility rate increased by 1.97%, as shares surge +1.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.22% upper at present.
During the last 5 trading sessions, AVTR rose by +1.17%, which changed the moving average for the period of 200-days by +31.65% in comparison to the 20-day moving average, which settled at $25.45. In addition, Avantor Inc. saw 13.32% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AVTR starting from Eck Steven W, who sale 3,685 shares at the price of $25.63 back on Mar 08 ’24. After this action, Eck Steven W now owns 34,406 shares of Avantor Inc., valued at $94,447 using the latest closing price.
Couturier Christophe, the EVP, AMEA of Avantor Inc., sale 13,074 shares at $24.53 during a trade that took place back on Feb 29 ’24, which means that Couturier Christophe is holding 83,889 shares at $320,705 based on the most recent closing price.
Stock Fundamentals for AVTR
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.34 for the gross margin
The net margin for Avantor Inc. stands at 0.05. The total capital return value is set at 0.06. Equity return is now at value 6.35, with 2.43 for asset returns.
Based on Avantor Inc. (AVTR), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is 2.45.
Currently, EBITDA for the company is 1.26 billion with net debt to EBITDA at 4.17. When we switch over and look at the enterprise to sales, we see a ratio of 3.28. The receivables turnover for the company is 6.06for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
In conclusion, Avantor Inc. (AVTR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
