Professional
Added to YB: 2024-05-07
Pitch date: 2024-04-30
AVTR [bullish]
Avantor, Inc.
-53.47%
current return
Author Info
No bio for this author
Company Info
Avantor, Inc. engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa.
Market Cap
$7.9B
Pitch Price
$24.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.06
P/E
-88.89
EV/Sales
1.74
Sector
Life Sciences Tools and Services
Category
turnaround
Broyhill Asset Management Portfolio Holding: Avantor, Inc.
AVTR +12% in Q1. Initiated position in Nov '23 after PE-backed mgmt made big acquisition pre-COVID, increased leverage to 7-8x. Headwinds reversing, expect comeback despite conservative 2024 guide. Analysts question if too low. Tangible recovery evidence often too late. Building position.
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