VWR Corporation (VWR) Downgraded by BidaskClub to “Strong Sell”
VWR Corporation (NASDAQ:VWR) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.
VWR has been the topic of several other reports. Zacks Investment Research lowered shares of VWR Corporation from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded shares of VWR Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $31.67.
VWR Corporation (NASDAQ:VWR) last issued its quarterly earnings data on Monday, July 31st. The medical research company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.45 by $0.04. VWR Corporation had a net margin of 3.12% and a return on equity of 15.54%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the business posted $0.42 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year.
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A number of institutional investors and hedge funds have recently made changes to their positions in VWR. Bank of New York Mellon Corp increased its stake in VWR Corporation by 5.7% during the 1st quarter. Bank of New York Mellon Corp now owns 465,569 shares of the medical research company’s stock worth $13,129,000 after buying an additional 25,026 shares during the period. UBS Asset Management Americas Inc. increased its stake in VWR Corporation by 42.7% during the 1st quarter. UBS Asset Management Americas Inc. now owns 65,313 shares of the medical research company’s stock worth $1,842,000 after buying an additional 19,528 shares during the period. Karp Capital Management Corp purchased a new stake in VWR Corporation during the 1st quarter worth approximately $758,000. Sei Investments Co. increased its stake in VWR Corporation by 17.2% during the 1st quarter. Sei Investments Co. now owns 24,336 shares of the medical research company’s stock worth $687,000 after buying an additional 3,567 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in VWR Corporation by 7.3% during the 1st quarter. Ameriprise Financial Inc. now owns 49,824 shares of the medical research company’s stock worth $1,405,000 after buying an additional 3,374 shares during the period.
About VWR Corporation
VWR Corporation is a provider of product and service solutions to laboratory and production customers. The Company offers a portfolio of branded and private label laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: Americas and EMEA-APAC.
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