AVTR - Avantor, Inc.
| Previous Close | 15.61 |
| Open | 15.50 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 1000 |
| Day's Range | 14.93 - 15.60 |
| 52 Week Range | 14.00 - 19.58 |
| Volume | 13,567,157 |
| Avg. Volume | 2,224,409 |
| Market Cap | 8.756B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -7.44 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 21.34 |
- PR Newswire
Avantor® to Participate in the Morgan Stanley Global Healthcare Conference
RADNOR, Pa. , Sept. 4, 2019 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & ...
- Simply Wall St.
Do Institutions Own Avantor, Inc. (NYSE:AVTR) Shares?
A look at the shareholders of Avantor, Inc. (NYSE:AVTR) can tell us which group is most powerful. Generally speaking...
- PR Newswire
Avantor Reports Second Quarter 2019 Results
- Net sales of $1.53 billion , up 4% (6% on an organic basis) - Net loss of $(48.7) million , adjusted net income(1) of $91.6 million , up 60% - GAAP loss per share of $(0.98) , pro forma adjusted fully ...
- Bloomberg
WeWork Poised to Tap JPMorgan, Goldman for IPO as Fee Pool Grows
(Bloomberg) -- WeWork Cos. is close to naming JPMorgan Chase & Co. and Goldman Sachs Group Inc. to lead its initial public offering next month, while sweetening the fees it pays banks, according to people with knowledge of the talks.The office-sharing venture is expected to award JPMorgan the coveted first -- or lead left -- position in its syndicate of banks handling the deal, according to the people, who asked not to be identified because the negotiations are private. The terms and the hierarchy of the full banking group involved aren’t yet formalized and could change, the people said.The fee pool for WeWork’s IPO -- which at a target of roughly $3.5 billion would be the year’s second-largest offering -- has inched higher in recent days as the company sets up a $6 billion debt-financing package that would fall into place only if the listing is a success. That unusual pairing of transactions is designed to diversify the funding sources of WeWork’s global expansion.Earlier this week, WeWork was poised to carve out 2.5% to 3% of the total money raised via the IPO to pay underwriter fees. That portion under discussion has since climbed to 3.5%, according to the people -- though that, too, is in flux.Representatives for WeWork, JPMorgan and Goldman Sachs declined to comment.The New York-based venture, which rents furnished office space to companies and freelancers, has been looking for ways to grow, potentially investing in a broad array of businesses and properties. Its push for billions of dollars in additional financing is likely to prove more lucrative for WeWork’s bankers than just handling its stock sale, people with knowledge of the lending terms have said.The firm is seeking to borrow $2 billion through a letter-of-credit facility and $4 billion with delayed-draw term loan, those people said. Banks will have to make good on their commitments only if at least $3 billion is raised in the IPO. The lenders would receive upfront fees equal to about 3% of their final commitment.Uber Technologies Inc.’s $8.1 billion IPO in May ranks as 2019’s largest globally, followed by Avantor Inc.’s $2.9 billion listing that month.\--With assistance from Michelle F. Davis and Eric Newcomer.To contact the reporters on this story: Sonali Basak in New York at sbasak7@bloomberg.net;Gillian Tan in New York at gtan129@bloomberg.net;Sridhar Natarajan in New York at snatarajan15@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, ;Alan Goldstein at agoldstein5@bloomberg.net, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Bloomberg
WeWork Is Looking to Go Public in September
(Bloomberg) -- WeWork Cos. is looking to go public in September, people familiar with the company’s plans said, in what’s expected to be the second-biggest initial public offering of the year.The company is targeting a share sale of about $3.5 billion, though that amount may change, said one of the people, who asked not to be identified because the plans were private.The New York-based company, which rents office space to workers, has said it submitted its paperwork confidentially to U.S. regulators in December. WeWork plans to to discuss its business with analysts on July 31, the person said.WeWork declined to comment on the plans. The intended timing of the IPO was reported earlier by the Wall Street Journal.SoftBank Group Corp. is WeWork’s largest backer and has valued the unprofitable business at $47 billion.WeWork has been in talks to secure a credit facility, originally $2.75 billion -- a figure that was expanded to as much as $4 billion, people with knowledge of the discussions said this month. The company is now in talks to increase that amount to as much as $6 billion in what would be an asset-backed and highly structured financing, one of the people said.Uber Technologies Inc.’s $8.1 billion IPO in May ranks as the biggest of 2019. A WeWork offering of $3.5 billion would put it ahead of diagnostic equipment maker Avantor Inc.’s $2.9 billion listing in May, currently the second-biggest for the year globally.(Updates with IPO target amount in second paragraph)To contact the reporters on this story: Ellen Huet in San Francisco at ehuet4@bloomberg.net;Gillian Tan in New York at gtan129@bloomberg.netTo contact the editors responsible for this story: Mark Milian at mmilian@bloomberg.net, ;Alan Goldstein at agoldstein5@bloomberg.net, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- PR Newswire
Avantor® to Report Second Quarter Earnings and Host Earnings Call on Tuesday, August 6
RADNOR, Pa. , July 23, 2019 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life science and advanced technologies & ...
- PR Newswire
Avantor® Declares Dividend on Mandatory Convertible Preferred Stock
RADNOR, Pa. , July 19, 2019 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies ...
- Kiplinger
10 High-Profile IPOs: What the Analysts Think
Fans of initial public offerings (IPOs) have gotten one flashy deal after another in 2019. Some companies such as Beyond Meat (BYND) shocked onlookers with a meteoric ascent, while other hotly hyped companies such as Uber Technologies (UBER) crashed and burned early on. But broadly speaking, there's demand for IPOs, and up-and-coming companies are happy to fill that demand."IPO activity is (mildly) cyclical, as management teams take the opportunity to go public while being buoyed by favorable economic conditions," Bernstein equity strategist Noah Weisberger told CNBC in explaining this year's red-hot IPO market.It's early going for these new stocks, however. They have only a few months of trading under their belts, and very little financial track record to go on. With so little information at their fingertips, investors must rely heavily on Wall Street's analysts for insights into the comings and goings of these IPOs.Here are 10 recent higher-profile IPOs, and what analysts are saying about each of these new stocks. SEE ALSO: The 19 Best Stocks to Buy for the Rest of 2019
- American City Business Journals
Avantor IPO swells to $3.33B after options exercised
Radnor-based chemical and laboratory products supplier Avantor closed its initial public stock offering, which swelled to $3.33 billion after underwriters exercised their full option to purchase additional shares to cover overallotments. Avantor [NYSE: AVTR) ended up selling 238.05 million shares of common stock at $14 per share. This year only Uber's $8.1 billion IPO, completed earlier this month, was larger.
- PR Newswire
Avantor® Announces Closing of Initial Public Offering and Concurrent Offering of Mandatory Convertible Preferred Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares
RADNOR, Pa. , May 21, 2019 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the biopharma, healthcare, education & government, ...
- Benzinga
Investors Appear Underwhelmed By Avantor IPO
Chemicals company Avantor (NYSE: AVTR ) made its debut on the New York Stock Exchange Friday morning. Avantor issued 205 million shares priced at $14. Avantor shares opened for trade 11:10 a.m. at $14.72. ...
- PR Newswire
Avantor® Announces Pricing of Initial Public Offering and Concurrent Offering of Mandatory Convertible Preferred Stock
RADNOR, Pa., May 16, 2019 /PRNewswire/ -- Avantor, Inc. ("Avantor"), a leading global provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries, announced today that it has priced the initial public offering of 207,000,000 shares of its common stock at a price to the public of $14.00 per share and a concurrent public offering of 18,000,000 shares of its 6.250% Series A Mandatory Convertible Preferred Stock (the "Mandatory Convertible Preferred Stock") at a price to the public of $50.00 per share. Avantor intends to use a portion of the net proceeds received from the offerings to redeem all outstanding shares of its existing Series A Preferred Stock and use the remaining proceeds to repay a portion of its outstanding indebtedness under its senior secured term loan facilities. The completion of the offering of Mandatory Convertible Preferred Stock is contingent upon the completion of the offering of common stock.
- Benzinga
The Avantor IPO: What You Need To Know
The Street lends plenty of exposure to various medical developments. But one company will soon offer exposure to the broad biotech industry. The IPO Avantor, Inc. will issue 154 million shares on the New ...
- Yahoo Finance Video
Avantor CEO & President on Being the Year's Second-Biggest IPO
Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Cheung, and Ethan Wolff-Mann join Avantor CEO and President Michael Stubblefield.
