AVTR News

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies & applied materials industries, and the Avantor Foundation, a private charitable foundation funded by Avantor, approved a humanitarian relief donation to Charities Aid Foundation of America (CAF America) to help organizations around the world on the frontlines addressing the coronavirus (COVID-19) pandemic.

Avantor, Inc. (NYSE: AVTR) ("Avantor" or the "Company"), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today announced that Fitch Ratings upgraded its long-term issuer default rating (IDR) to 'BB-'/Stable Outlook.

Avantor, Inc. (NYSE: AVTR) ("Avantor" or the "Company"), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today announced that certain of its stockholders (the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering 45,000,000 shares of common stock of the Company pursuant to a registration statement filed by the Company with the U.S. Securities and Exchange Commission (the "SEC"). The Selling Stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 6,750,000 shares of common stock on the same terms and conditions. No shares are being sold by the Company. The Selling Stockholders will receive all of the proceeds from this offering.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, announced that Michael Stubblefield, President and Chief Executive Officer, will participate in Cowen and Company's 40th Annual Health Care Conference at the Boston Marriott Copley Place Hotel in Boston, Massachusetts. Mr. Stubblefield is scheduled to present on Monday, March 2, 2020 at 4:50 p.m. (ET). The live webcast can be accessed on the Investors section of the company's website at www.avantorsciences.com.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, will participate in the Bank of America Securities 2020 Healthcare Conference, taking place virtually on Tuesday, May 12. Avantor's presentation is scheduled to begin at approximately 1:40 p.m. Eastern time.

These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors...

Overall, 2019 was a huge year for the stock market, and there were plenty of high-profile IPOs throughout the year as well. Unfortunately, some of the most eagerly anticipated IPOs of the past year ended up being flops for investors.But now that the excitement and volatility associated with 2019 IPOs has died down, investors can get a clearer look at the fundamentals, valuation and potential long-term upside of these stocks. The 2019 IPO class was a mixed bag in 2019, and it's still that way heading into 2020.Here are eight 2019 IPO stocks to buy, sell and hold.LYFT Inc (NASDAQ: LYFT) - Buy Lyft may have been the highest profile IPO flop of 2019, and its stock is still trading well below its $72 per share IPO price in April of last year. Despite the disappointment, CFRA analyst Angelo Zino recently said long-term investors should step in and buy the dip.Lyft has struggled with profitability, but Zino said the stock should benefit from a massive end market, a scalable and recurring revenue-driven business model and an opportunity for sizable margin expansion. Zino said Lyft is still gaining market share in a rapidly growing ridesharing industry and is making the right moves toward cutting costs and achieving profitability.CFRA has a Buy rating and $70 price target for LYFT stock.Uber Technologies Inc (NYSE: UBER) - Buy Uber is off to a hot start to 2020 after a disappointing 2019. The ridesharing stock soared in January and February after an impressive earnings report. Uber management also said the company will achieve profitability by the end of 2020.Uber and Lyft are dealing with uncertainties surrounding California's AB5 law, which could significantly increase costs in the near-term. But Bank of America analyst Justin Post recently said the long-term outlook for Uber is bright given its massive addressable market, its technology leadership in autonomous vehicles, and secular shifts toward a sharing economy.Bank of America has a Buy rating and $49 price target for UBER stock.See Also: Whitney Tilson: 'I Think We Are In An IPO Bubble'Pinterest Inc (NYSE: PINS) - Hold Unlike Uber and Lyft, Pinterest shares are actually trading slightly above their 2019 IPO price, but they've still underperformed the broad market and been a disappointment to investors.Following a fourth-quarter earnings beat, Post said Pinterest demonstrated better convergence optimization and reported impressive growth in international users and average revenue per user. In addition, the company's 2020 guidance was mostly in-line with expectations. Post said international ARPU is still just 5% of the U.S. rate, suggesting plenty of opportunity for upside.Bank of America has a Neutral rating and $32 price target for PINS stock.Avantor Inc (NYSE: AVTR) - Buy Avantor didn't get as many headlines as some of the other big IPOs of 2019, but the chemical company raised $3.33 billion in its May 2019 IPO.Following its recent earnings report, Bank of America analyst Derik de Bruin said the stock's negative initial reaction was overdone and Avantor's 2020 outlook is solid. Looking ahead, de Bruin said the challenge for the company will be to balance deleveraging its balance sheet with pursuing expansion opportunities and developing proprietary products. For now, de Bruin said Avantor's valuation is attractive relative to peers given its growth numbers.Bank of America has a Buy rating and $21 price target for AVTR stock.XP Inc (NASDAQ: XP) - Hold Brazilian independent investment platform XP is off to a strong start on the market after its December IPO. However, after the company reported preliminary first-quarter numbers in January, Bank of America analyst Mario Pierry said the stock has plenty of additional upside ahead.XP reported 1.7 million retail clients as of the end of 2019, up about 90% from a year ago. Year-end assets under custody were up more than 100% from a year ago and ahead of Pierry's estimate. While these numbers suggest a strong growth story for XP moving forward, Pierry said the stock is fairly valued following its initial post-IPO run.Bank of America has a Neutral rating and $43 price target for XP stock.SmileDirectClub Inc (NASDAQ: SDC) - Buy SmileDirectClub is the market leader in direct-to-consumer orthodontics. The stock hit the market at an IPO price of $23 per share back in September and was one of the biggest high-profile lops of the year. Shares are now trading at just $7.92, but Bank of America analyst Michael Ryskin recently said there is value in SmileDirectClub for patient investors that are willing to ride out the company's growing pains.SmileDirectClub reported fourth-quarter aligner case shipments and revenue below consensus expectations, but Ryskin said the stock still has the potential to be one of the best growth plays in the healthcare sector.Bank of America has a Buy rating and $12 price target for SDC stock.Tradeweb Markets Inc (NASDAQ: TW) - Buy Tradeweb is a trading platform provider for more that 2,500 clients, and the stock has been a huge winner since its April IPO at $17 per share.Bank of America analyst Michael Carrier recently said Tradeweb's combination of structural growth, solid operating leverage and robust cash flow will be a winning recipe for investors. Carrier said Tradeweb's 32% volume growth in 2019 is especially impressive given most of its peers saw flat volume growth on the year.Bank of America has a Buy rating and $53 price target for TW stock.SciPlay Corp (NASDAQ: SCPL) - Sell SciPlay develops and produces social mobile and web casino games. Investors that took a gamble on the company's $16 IPO back in May 2019 have seen their bankrolls take a hit given the stock is now under $10.Bank of America analyst Ryan Gee recently said there wasn't much to like about the company's fourth-quarter earnings report. For three consecutive quarters SciPlay has missed Wall Street expectations, and Gee said its lack of clarity or guidance in the quarters to come is a red flag.Bank of America has an Underperform rating and $9 price target for SCPL stock.Latest Ratings for UBER DateFirmActionFromTo Mar 2020NeedhamMaintainsBuy Feb 2020KeyBancInitiates Coverage OnOverweight Feb 2020Morgan StanleyMaintainsOverweight View More Analyst Ratings for UBER View the Latest Analyst Ratings See more from Benzinga * Ark Invest Says Autonomous Ride-Hailing Now Looks Even More Profitable Than Previously Estimated * Analyst Sees 'Gap In Profitability' Emerging Between Uber, Lyft * Uber, Postmates Fail To Block California Gig Worker Law In Court(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Avantor, Inc. (NYSE: AVTR) ("Avantor" or the "Company"), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today announced the pricing of the previously announced underwritten secondary offering of 45,000,000 shares of the Company's common stock (the "Offering") held by certain of its stockholders (the "Selling Stockholders") pursuant to a registration statement filed by the Company with the U.S. Securities and Exchange Commission (the "SEC"), at the public offering price of $16.25 per share.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life science and advanced technologies & applied materials industries, announced today that it will release its financial results for the first quarter 2020 after the market closes on Wednesday, April 29, 2020, and will hold a conference call on the same day to discuss the results at 5:00 pm EDT.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, announced today that its Board of Directors has declared a quarterly cash dividend to holders of its 6.250% Series A Mandatory Convertible Preferred Stock of $0.78 per share at a rate per share of 1.560%, payable on May 15, 2020 to holders of record on May 1, 2020.

Higher premiums and share buyback might have driven earnings for healthcare stocks in the first quarter of 2020.

Avantor, Inc. (NYSE: AVTR) ("Avantor" or the "Company"), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today announced the closing of the previously announced underwritten secondary offering of 51,750,000 shares of the Company's common stock held by certain of its stockholders (the "Selling Stockholders") at the public offering price of $16.25 per share, including the full exercise by the underwriters of their option to purchase up to 6,750,000 additional shares of common stock.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, today announced a new recombinant Protein A affinity chromatography resin used to purify antibodies during mAbs production.

Image source: The Motley Fool. Avantor (NYSE: AVTR)Q1 2020 Earnings CallApr 29, 2020, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon.

Shares of chemicals-maker Avantor (NYSE: AVTR) closed 14.4% higher Thursday after reporting Q1 2020 earnings results that exceeded analyst expectations for both sales and earnings. Analysts had forecast Avantor would earn $0.15 per share on $1.47 billion in sales. In fact, Avantor earned $0.17 per share on sales of $1.52 billion.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today reported financial results for the first quarter ended March 31, 2020.

Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, today announced Tommy Thomas has joined the Company as Vice President, Investor Relations. He will report to Thomas Szlosek, Executive Vice President and Chief Financial Officer, and be based in Radnor, Pa.

Avantor (AVTR) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Adobe and Avantor make the list Continue reading...

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]