According to Zacks, “VWR is trading above the broader Medical Dental Supplies industry in the last month. The company VWR’s Americas sales are on solid growth trajectory. The company also recorded strong EMEA-APAC sales with the improved foreign exchange scenario in the reported fourth quarter. Gross margin figure showed slight improvement. On the flip side, VWR posted mixed fourth quarter results with earnings edging past the Zacks Consensus Estimate and revenues missing the mark. The company witnessed relatively weaker performance in biopharma and equipment and instrumentation during the reported quarter. A dull 2017 outlook is all the more disappointing indicating slim chances of recovery ahead. A decline in the company’s operating margin also adds to our concerns. Competitive landscape is a major headwind.”
Other research analysts have also recently issued research reports about the company. Jefferies Group LLC boosted their price objective on VWR Corp from $31.00 to $32.00 and gave the stock a buy rating in a research report on Monday, February 27th. Deutsche Bank AG reissued a hold rating and issued a $26.00 price objective on shares of VWR Corp in a research report on Wednesday, January 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $31.57.
VWR Corp (NASDAQ:VWR) traded down 1.81% during midday trading on Friday, reaching $27.61. The company had a trading volume of 1,135,722 shares. The stock’s 50 day moving average is $27.01 and its 200 day moving average is $26.73. VWR Corp has a 12-month low of $24.12 and a 12-month high of $31.75. The firm has a market capitalization of $3.63 billion, a price-to-earnings ratio of 24.65 and a beta of 1.13.
VWR Corp (NASDAQ:VWR) last announced its earnings results on Friday, February 24th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.15 billion. VWR Corp had a return on equity of 16.06% and a net margin of 3.89%. VWR Corp’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.47 earnings per share. Equities research analysts expect that VWR Corp will post $1.81 earnings per share for the current year.
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Several hedge funds have recently modified their holdings of the stock. Advisor Group Inc. raised its stake in shares of VWR Corp by 6.2% in the third quarter. Advisor Group Inc. now owns 4,142 shares of the company’s stock valued at $117,000 after buying an additional 243 shares during the last quarter. Independent Portfolio Consultants Inc. raised its stake in shares of VWR Corp by 4.9% in the third quarter. Independent Portfolio Consultants Inc. now owns 7,660 shares of the company’s stock valued at $217,000 after buying an additional 360 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of VWR Corp by 25.7% in the third quarter. Pacer Advisors Inc. now owns 7,684 shares of the company’s stock valued at $218,000 after buying an additional 1,573 shares during the last quarter. FTB Advisors Inc. purchased a new stake in shares of VWR Corp during the third quarter valued at about $231,000. Finally, Aperio Group LLC purchased a new stake in shares of VWR Corp during the third quarter valued at about $232,000.
About VWR Corp
VWR Corporation is a provider of laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: Americas and EMEA-APAC. Its Americas segment consists of operations located principally in the United States and Canada, as well as in Puerto Rico, Mexico and select countries in Central and South America, including Costa Rica, Brazil, Argentina and Chile, and includes over 65 facilities located in approximately 10 countries.
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