VWR Corporation (VWR) Short Interest Down 41.9% in October
VWR Corporation (NASDAQ:VWR) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 630,542 shares, a drop of 41.9% from the October 13th total of 1,085,696 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 872,135 shares, the days-to-cover ratio is currently 0.7 days.
Shares of VWR Corporation (NASDAQ VWR) opened at $33.17 on Tuesday. VWR Corporation has a twelve month low of $24.42 and a twelve month high of $37.25. The firm has a market capitalization of $4,370.16, a P/E ratio of 17.26 and a beta of 1.17. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.25 and a quick ratio of 0.79.
VWR Corporation (NASDAQ:VWR) last announced its quarterly earnings results on Tuesday, November 7th. The medical research company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.08. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.16 billion. VWR Corporation had a return on equity of 15.90% and a net margin of 3.27%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 EPS. equities research analysts forecast that VWR Corporation will post 1.85 earnings per share for the current fiscal year.
A number of equities research analysts have weighed in on the company. ValuEngine lowered VWR Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Zacks Investment Research lowered VWR Corporation from a “buy” rating to a “hold” rating in a report on Thursday, September 14th. Finally, BidaskClub raised VWR Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $31.67.
Several large investors have recently made changes to their positions in the company. Amalgamated Bank boosted its stake in shares of VWR Corporation by 1.7% during the 1st quarter. Amalgamated Bank now owns 11,202 shares of the medical research company’s stock worth $316,000 after acquiring an additional 183 shares in the last quarter. Neuberger Berman Group LLC raised its position in shares of VWR Corporation by 3.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 7,981 shares of the medical research company’s stock worth $263,000 after purchasing an additional 229 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of VWR Corporation by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 17,339 shares of the medical research company’s stock worth $489,000 after purchasing an additional 450 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in shares of VWR Corporation by 3.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 31,762 shares of the medical research company’s stock worth $896,000 after purchasing an additional 1,031 shares during the last quarter. Finally, Capital Insight Partners LLC raised its position in shares of VWR Corporation by 4.4% during the 2nd quarter. Capital Insight Partners LLC now owns 46,748 shares of the medical research company’s stock worth $1,543,000 after purchasing an additional 1,962 shares during the last quarter. 98.47% of the stock is currently owned by institutional investors and hedge funds.
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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