Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $12.28 in the prior trading day, Viatris Inc (NASDAQ: VTRS) closed at $11.95, down -2.69%. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 8.95 million shares were traded. VTRS stock price reached its highest trading level at $12.34 during the session, while it also had its lowest trading level at $11.89.
Ratios:
Our goal is to gain a better understanding of VTRS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.73.
On October 23, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $13 to $9.
Barclays Downgraded its Equal Weight to Underweight on June 23, 2023, while the target price for the stock was maintained at $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Campbell Paul sold 26,925 shares for $12.88 per share. The transaction valued at 346,686 led to the insider holds 126,901 shares of the business.
Campbell Paul bought 26,925 shares of VTRS for $346,686 on Nov 11 ’24. On Sep 12 ’24, another insider, Malik Rajiv, who serves as the Director of the company, sold 139,681 shares for $11.66 each. As a result, the insider received 1,628,164 and left with 505,838 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTRS now has a Market Capitalization of 14657272832 and an Enterprise Value of 28230135808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 1.876 whereas that against EBITDA is 6.155.
Stock Price History:
The Beta on a monthly basis for VTRS is 0.96, which has changed by 0.05862069 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, VTRS has reached a high of $13.62, while it has fallen to a 52-week low of $9.93. The 50-Day Moving Average of the stock is -4.73%, while the 200-Day Moving Average is calculated to be 2.63%.
Shares Statistics:
The stock has traded on average 7.45M shares per day over the past 3-months and 11304540 shares per day over the last 10 days, according to various share statistics. A total of 1.19B shares are outstanding, with a floating share count of 1.16B. Insiders hold about 2.44% of the company’s shares, while institutions hold 79.58% stake in the company. Shares short for VTRS as of 1734048000 were 23068106 with a Short Ratio of 3.09, compared to 1731628800 on 20712552. Therefore, it implies a Short% of Shares Outstanding of 23068106 and a Short% of Float of 2.1999999999999997.
Dividends & Splits
In the trailing 12 months, VTRS’s forward annual dividend rate was 0.48, compared to 0.48 this year. Against a Trailing Annual Dividend Yield of 0.039087947The stock’s 5-year Average Dividend Yield is 0.89. The current Payout Ratio is 1059.60% for VTRS, which recently paid a dividend on 2024-08-23 with an ex-dividend date of 1732233600. Stock splits for the company last occurred on 2003-10-09 when the company split stock in a 3:2 ratio.
