Latest news with #MichaelStubblefield
Yahoo
02-08-2025
- Business
- Yahoo
Dismal Q2 Earnings Weigh Heavily on Avantor (AVTR) Shares
We recently published . Avantor, Inc. (NYSE:AVTR)is one of the worst-performing stocks on Friday. Avantor dropped for a third consecutive day on Friday, shedding 15.48 percent to end at $11.36 apiece as investor sentiment was dented by a broader market pessimism and a dismal earnings performance in the second quarter of the year. In its updated report, Avantor, Inc. (NYSE:AVTR) said net income during the period decreased by 30 percent to $64.7 million from the $92.9 million reported in the same period last year. Net sales dipped by 1 percent to $1.68 billion from $1.7 billion year-on-year, primarily due to a 3-percent negative impact from a recent M&A, which resulted in flat organic sales. ESB Professional/ In the first half, net profit decreased by 15.7 percent to $129.2 million from $153.3 million year-on-year, while net sales ended at $3.26 billion, lower by 3.5 percent year-on-year. In other news, Avantor, Inc. (NYSE:AVTR) announced that it is soon to be led by Emmanuel Ligner as its new president and chief executive officer, replacing Michael Stubblefield, who will step down from the post, as well as a director of the company. While we acknowledge the potential of AVTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-08-2025
- Business
- Yahoo
Dismal Q2 Earnings Weigh Heavily on Avantor (AVTR) Shares
We recently published . Avantor, Inc. (NYSE:AVTR)is one of the worst-performing stocks on Friday. Avantor dropped for a third consecutive day on Friday, shedding 15.48 percent to end at $11.36 apiece as investor sentiment was dented by a broader market pessimism and a dismal earnings performance in the second quarter of the year. In its updated report, Avantor, Inc. (NYSE:AVTR) said net income during the period decreased by 30 percent to $64.7 million from the $92.9 million reported in the same period last year. Net sales dipped by 1 percent to $1.68 billion from $1.7 billion year-on-year, primarily due to a 3-percent negative impact from a recent M&A, which resulted in flat organic sales. ESB Professional/ In the first half, net profit decreased by 15.7 percent to $129.2 million from $153.3 million year-on-year, while net sales ended at $3.26 billion, lower by 3.5 percent year-on-year. In other news, Avantor, Inc. (NYSE:AVTR) announced that it is soon to be led by Emmanuel Ligner as its new president and chief executive officer, replacing Michael Stubblefield, who will step down from the post, as well as a director of the company. While we acknowledge the potential of AVTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
Why Avantor (AVTR) Shares Are Trading Lower Today
What Happened? Shares of life sciences company Avantor (NYSE:AVTR) fell 8% in the afternoon session after the company announced that it has appointed Emmanuel Ligner as its new President and Chief Executive Officer, effective August 18, 2025. Ligner will succeed Michael Stubblefield, whose departure was previously announced. The news of a leadership change, particularly one that brings in a CEO with no prior public company experience, appears to have created uncertainty among investors. Wolfe Research noted that while Ligner's extensive experience in bioprocessing is a strategic fit for Avantor, his lack of public company CEO experience might lead to investor scrutiny. The firm also highlighted that the absence of updated financial guidance alongside the announcement would likely "raise questions" for investors, who often react negatively to a lack of forward-looking statements during executive transitions.,. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Avantor? Access our full analysis report here, it's free. What Is The Market Telling Us Avantor's shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock dropped 21.2% on the news that the company reported a weak first-quarter 2025 performance, as its organic revenue and total sales both missed Wall Street's expectations. Sales dropped 6% from a year ago, reflecting softness across both major business segments. Lab Solutions declined 8% while Bioscience Production slipped slightly. Encouragingly, management raised its cost savings target to $400 million by 2027 and signaled urgency to fix performance issues in the Lab Solutions segment. Still, this was a softer quarter. Avantor is down 42.3% since the beginning of the year, and at $12.23 per share, it is trading 55.9% below its 52-week high of $27.70 from September 2024. Investors who bought $1,000 worth of Avantor's shares 5 years ago would now be looking at an investment worth $655.14. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
AVTR Q1 Earnings Call: CEO Transition and Margin Focus Amid Weak Market Conditions
Life sciences company Avantor (NYSE:AVTR) missed Wall Street's revenue expectations in Q1 CY2025, with sales falling 5.9% year on year to $1.58 billion. Its non-GAAP profit of $0.23 per share was in line with analysts' consensus estimates. Is now the time to buy AVTR? Find out in our full research report (it's free). Revenue: $1.58 billion vs analyst estimates of $1.61 billion (5.9% year-on-year decline, 1.6% miss) Adjusted EPS: $0.23 vs analyst estimates of $0.23 (in line) Adjusted EBITDA: $269.5 million vs analyst estimates of $277.4 million (17% margin, 2.8% miss) Operating Margin: 9.3%, in line with the same quarter last year Free Cash Flow Margin: 5.1%, down from 6.4% in the same quarter last year Organic Revenue fell 2.1% year on year (-6.3% in the same quarter last year) Market Capitalization: $8.19 billion Avantor's first quarter results reflected ongoing challenges across its core markets, with management candidly acknowledging underperformance in revenue, particularly in the Lab Solutions segment. CEO Michael Stubblefield highlighted that customer caution in education, government, and early-stage biotech, along with policy changes and funding cuts, weighed on demand. In response, leadership is executing a series of targeted actions to regain momentum, including supply chain improvements, digital platform upgrades, and a renewed focus on account acquisition under Corey Walker, the newly onboarded President of Lab Solutions. Looking ahead, management's guidance incorporates persistent market headwinds but leans on cost transformation initiatives and operational discipline to protect margins and cash flow. Stubblefield stated, 'We are not satisfied with our growth and are taking aggressive actions to reignite the top line regardless of the macro backdrop.' The company's updated outlook assumes continued caution in public sector spending and uncertainty around tariffs, but management expects incremental savings from expanded cost programs to drive margin stability even if revenue remains pressured. Avantor's leadership addressed both internal and external factors behind first quarter results and outlined specific remediation steps. Management emphasized the need to control what is within their reach, including operational efficiency and strategic investments, while recognizing the impact of market-wide funding pressures and competition. CEO Transition Announced: Michael Stubblefield will step down as CEO when a successor is named. The Board seeks a leader with a proven growth record, signaling an intent to reset strategy and leadership focus. Lab Solutions Weakness: Reduced demand from academic, government, and early-stage biotech customers—attributed to U.S. policy changes and funding cuts—drove underperformance in Lab Solutions. Management noted increased competition, with some customer volume shifting to rivals. Cost Transformation Expansion: Avantor expanded its multiyear cost savings program, targeting $400 million in annual run-rate savings by 2027 (up from $300 million by 2026). The initiative aims to offset external headwinds and support margin stability. Digital and Pricing Initiatives: The company accelerated the rollout of an AI-enabled e-commerce platform and revamped its pricing strategy using digital tools, aiming to improve customer experience and profitability. The first phase of this pricing transformation is scheduled to go live later in the quarter. Strength in Bioprocessing Order Book: While Bioscience Production faced headwinds in controlled environment consumables, management reported strong growth in process ingredients and single-use offerings, with a healthy order book supporting expectations for improvement in the second quarter. Management's outlook for the rest of the year centers on persistent demand headwinds, ongoing cost discipline, and targeted investments in digital capabilities to offset external pressures and drive operational improvement. Market Uncertainty Remains: The company expects continued caution in education and government, muted funding for early-stage biotech, and ongoing competitive intensity, all of which may constrain top-line growth. Tariff and Policy Risks: Future performance will depend on how effectively Avantor navigates evolving global trade policies and tariff-related costs, particularly with 2% cost of goods sold exposure to China. Management is working to offset potential impacts through supply chain adjustments and pricing. Cost Initiatives as a Buffer: The expanded cost transformation program is expected to deliver incremental margin improvement and support free cash flow, even if revenue remains subdued. Early digital investments, including the AI-enabled e-commerce platform, are intended to enhance efficiency and strengthen customer retention. Michael Ryskin (Bank of America): Asked about the step-up in second quarter guidance and whether the improvement was due to timing or underlying market changes. Management attributed it to typical seasonal strength and timing, emphasizing a balanced and prudent outlook. Vijay Kumar (Evercore): Sought clarity on Bioprocessing demand, especially for controlled environment consumables. CEO Stubblefield explained demand weakness was due to customers optimizing usage in response to macro headwinds but expressed confidence in the order book and ongoing corrective actions. Rachel Vatnsdal Olson (JPMorgan): Probed for details on declines in academic and government equipment and consumables, and how these trends are reflected in guidance. Management confirmed both segments remain under pressure and current trends are assumed to persist for the year. Daniel Brennan (TD Cowen): Pressed on the impact of U.S.–China tariffs and how much of the exposure is included in guidance. CFO Brent Jones said no material impact from tariffs is assumed, with mitigation efforts underway, and provided context on alternative sourcing and flexibility. Luke Sergott (Barclays): Inquired about the scope of business transformation in Lab Solutions and whether changes address portfolio gaps or competitive weaknesses. Management emphasized cross-functional improvements, new leadership, and digital investments to drive commercial performance and customer retention. In upcoming quarters, the StockStory team will be monitoring (1) the effectiveness of digital and pricing initiatives in accelerating Lab Solutions growth, (2) any improvement in demand from academic, government, and biotech customers as funding environments evolve, and (3) execution of the expanded cost transformation program and its impact on margins and cash flow. Progress in mitigating tariff exposure and the outcome of the CEO transition will also be critical signposts for the company's trajectory. Avantor currently trades at a forward P/E ratio of 11×. Should you load up, cash out, or stay put? See for yourself in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
02-05-2025
- Business
- Yahoo
Avantor® to Participate in Bank of America Securities 2025 Health Care Conference
RADNOR, Pa., May 2, 2025 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, announced that Michael Stubblefield, President and CEO, will be participating in a fireside chat at the Bank of America Securities 2025 Health Care Conference in Las Vegas on Tuesday, May 13, 2025 at approximately 10:00 a.m. Pacific Time. To hear a live audio webcast of the session, visit Events & Presentations in the Investor section of Avantor's website, A replay of the webcast will be available for 30 days. About AvantorAvantor® is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. We work side-by-side with customers at every step of the scientific journey to enable breakthroughs in medicine, healthcare, and technology. Our portfolio is used in virtually every stage of the most important research, development and production activities at more than 300,000 customer locations in 180 countries. For more information, visit and find us on LinkedIn, X (Twitter) and Facebook. Investor Relations ContactAllison HosakSenior Vice President, Global Global Media ContactEric Van ZantenHead of External View original content to download multimedia: SOURCE Avantor and Financial News Sign in to access your portfolio
