Avantor Inc Expected to Post Q2 2019 Earnings of $0.16 Per Share (NYSE:AVTR)

Avantor Inc (NYSE:AVTR) – Analysts at Piper Jaffray Companies issued their Q2 2019 earnings per share (EPS) estimates for shares of Avantor in a research note issued to investors on Tuesday, June 11th. Piper Jaffray Companies analyst W. Quirk expects that the company will post earnings per share of $0.16 for the quarter. Piper Jaffray Companies has a “Neutral” rating and a $19.00 price target on the stock. Piper Jaffray Companies also issued estimates for Avantor’s Q3 2019 earnings at $0.15 EPS, Q4 2019 earnings at $0.16 EPS, FY2019 earnings at $0.67 EPS, Q1 2020 earnings at $0.16 EPS, Q2 2020 earnings at $0.19 EPS, Q3 2020 earnings at $0.19 EPS, Q4 2020 earnings at $0.20 EPS, FY2020 earnings at $0.75 EPS and FY2021 earnings at $0.86 EPS.

AVTR has been the subject of several other reports. Goldman Sachs Group initiated coverage on Avantor in a research note on Tuesday. They set a “buy” rating and a $20.00 price objective for the company. Guggenheim initiated coverage on Avantor in a research note on Tuesday. They set a “buy” rating and a $21.00 price objective for the company. Deutsche Bank initiated coverage on Avantor in a research note on Tuesday. They set a “buy” rating and a $21.00 price objective for the company. Jefferies Financial Group initiated coverage on Avantor in a research note on Tuesday. They set a “buy” rating for the company. Finally, SunTrust Banks initiated coverage on Avantor in a research note on Tuesday. They set a “buy” rating and a $22.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. Avantor has a consensus rating of “Buy” and an average price target of $20.81.

Shares of NYSE AVTR opened at $18.19 on Thursday. Avantor has a 1 year low of $14.00 and a 1 year high of $18.21.

About Avantor

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 in more than 30 countries and deliver an extensive portfolio of products and services.

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Earnings History and Estimates for Avantor (NYSE:AVTR)

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