Avantor (AVTR) Scheduled to Post Earnings on Thursday

Avantor (NYSE:AVTR) will be issuing its quarterly earnings data after the market closes on Thursday, July 29th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Avantor (NYSE:AVTR) last posted its quarterly earnings results on Tuesday, April 27th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.07. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.70 billion. Avantor had a net margin of 3.51% and a return on equity of 41.17%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. On average, analysts expect Avantor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE AVTR opened at $36.84 on Thursday. The company has a debt-to-equity ratio of 2.56, a current ratio of 1.80 and a quick ratio of 1.17. The firm has a market cap of $21.45 billion, a price-to-earnings ratio of 127.03, a price-to-earnings-growth ratio of 1.53 and a beta of 1.79. The stock’s 50 day moving average price is $33.81. Avantor has a 1 year low of $18.27 and a 1 year high of $37.35.

AVTR has been the topic of several analyst reports. TheStreet upgraded shares of Avantor from a “c” rating to a “b-” rating in a research report on Wednesday, May 19th. Morgan Stanley increased their price target on shares of Avantor from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday, April 29th. Stifel Nicolaus raised shares of Avantor from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Thursday, April 29th. Raymond James increased their price objective on shares of Avantor from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, April 29th. Finally, Credit Suisse Group increased their price objective on shares of Avantor from $37.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, April 29th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $35.29.

In other news, EVP Christophe Couturier sold 28,096 shares of the stock in a transaction on Monday, June 28th. The shares were sold at an average price of $35.73, for a total transaction of $1,003,870.08. Following the completion of the sale, the executive vice president now directly owns 110,077 shares in the company, valued at $3,933,051.21. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP James Bramwell sold 6,112 shares of the stock in a transaction on Tuesday, July 20th. The stock was sold at an average price of $37.00, for a total transaction of $226,144.00. The disclosure for this sale can be found here. Insiders have sold 3,513,268 shares of company stock valued at $109,241,820 in the last ninety days. Insiders own 2.00% of the company’s stock.

Avantor Company Profile

Avantor, Inc is a provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. It sells materials & consumables, equipment & instrumentation and services & specialty procurement. It operates through the following segments: the Americas, Europe, and AMEA.

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Earnings History for Avantor (NYSE:AVTR)

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