As of Wednesday close, Viatris Inc.’s (NASDAQ:VTRS) stock was down -$0.01, moving down -0.10 percent to $9.88. The average number of shares traded per day over the past five days has been 12,114,440 shares. 3 times new highs have been achieved over the past 5 days, with a $0.13 gain in that time frame. In the last twenty days, the average volume was 8,799,850, while in the previous 50 days, it was 8,561,548.
Since last month, VTRS stock retreated -12.18%. Shares of the company fell to $9.68 on 09/18/23, the lowest level in the past month. A 52-week high of $12.40 was reached on 02/01/23 after having rallying from a 52-week low of $8.42. Since the beginning of this year, VTRS’s stock price has dropped by -11.23% or -$1.25, and marked a new high 7 times. However, the stock has declined by -20.32% since its 52-week high.
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VTRS stock investors should be aware that Viatris Inc. (VTRS) stock had its last reported insider trading activity 199 days ago on Mar 06. Ni Xiangyang (Sean), the President, Greater China of the company, disposed of 3,148 shares for $11.08 on Mar 06. It resulted in a $34,891 divestment by the insider. Ni Xiangyang (Sean) sold 3,093 shares at an average price of $11.18 on Mar 03. The insider now owns 41,729 shares following the transaction. On Feb 28, President, Greater China Ni Xiangyang (Sean) sold 5,250 shares at $11.22 apiece. The transaction was valued at $58,893.
Valuation Metrics
Right now, Viatris Inc. (VTRS) has a P/E ratio of about 6.48. The stock’s beta is 1.18. Besides these, the trailing price-to-sales (P/S) ratio of 0.76, the price-to-book (PB) ratio of 0.57, and the price-to-cash flow ratio of 5.83 may also be considered.
The latest dividend of $0.12 per share was paid out, remained unchanged from last year’s $0.12. On Thursday January 6 2022, a $0.01 dividend increase was announced.
Financial Health
In the three months ended June 29, Viatris Inc.’s quick ratio stood at 0.90, while its current ratio was 1.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.83, and the total debt-to-equity ratio was 0.89. On the profitability front, the trailing twelve-month gross margin is 43.50% percent. In the year ended June 29, EBITDA margin amounted to 33.16%, whereas operating margins totaled 6.70%. Based on annual data, VTRS earned $6.5 billion in gross profit and brought in $16.26 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.20%. Return on equity (ROE) for the past 12 months was 9.00%.
In Viatris Inc.’s quarter-end financial report for June 29, it reported total debt of $17.25 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VTRS’s revenue fell -5.06% to $3.73 billion during the quarter, while net income inched up to $3.92 billion. While analysts expected Viatris Inc. to report $0.71 quarterly earnings, the actual figure was $0.75 per share, beating the consensus estimate by 5.60%. During the quarter, the company generated $1.06 billion in EBITDA. The liabilities of Viatris Inc. were 27.85 billion at the end of its most recent quarter ended June 29, and its total debt was $18.85 billion. The value of shareholders’ equity is $1.2 billion.
Technical Picture
This quick technical analysis looks at Viatris Inc.’s (VTRS) price momentum. With a historical volatility rate of 14.28%, the RSI 9-day stood at 31.26% on 20 September.
With respect to its five-day moving average, the current Viatris Inc. price is up by +1.33% percent or $0.13. At present, VTRS shares trade -11.47% below its 20-day simple moving average and +6.70% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.61% below its SMA50 and -12.10% below its SMA200.
Stochastic coefficient K was 13.40% and Stochastic coefficient D was 10.20%, while ATR was 0.23. Given the Stochastic reading of 15.27% for the 14-day period, the RSI (14) reading has been calculated as 33.91%. As of today, the MACD Oscillator reading stands at -0.02, while the 14-day reading stands at -0.22.
Analyst Ratings
Viatris Inc. downgraded its rating on Viatris Inc. (NASDAQ: VTRS) to an Underweight in a note to investors on June 23, 2023. The analysts firm previously had an Equal weight rating on the stock.Viatris Inc. (VTRS) has been rated Hold by analysts. According to 1 brokerage firm, VTRS is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Viatris Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $13.00, the current consensus forecast for the stock is $10.00 – $15.00. Based on these forecasts, analysts predict Viatris Inc. (VTRS) will achieve an average price target of $12.57.
