Viatris Inc (NASDAQ: VTRS) closed the day trading at $12.29 down -7.11% from the previous closing price of $13.23. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 26680129 shares were traded. VTRS stock price reached its highest trading level at $13.55 during the session, while it also had its lowest trading level at $12.24.
Ratios:
For a better understanding of VTRS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on October 23, 2023, Downgraded its rating to Underperform and sets its target price to $9 from $13 previously.
On June 23, 2023, Barclays Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $11.
Barclays Downgraded its Overweight to Equal Weight on April 24, 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 Feb 23 when Cuneo Andrew sold 4,000 shares for $13.50 per share. The transaction valued at 54,000 led to the insider holds 34,795 shares of the business.
Cuneo Andrew sold 4,000 shares of VTRS for $50,000 on Feb 15. The insider now owns 38,795 shares after completing the transaction at $12.50 per share. On Jan 04, another insider, Cuneo Andrew, who serves as the insider of the company, sold 4,000 shares for $11.50 each. As a result, the insider received 46,000 and left with 42,795 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 14.74B and an Enterprise Value of 31.80B. As of this moment, Viatris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.15, and their Forward P/E ratio for the next fiscal year is 4.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 2.06 whereas that against EBITDA is 5.24.
Stock Price History:
Over the past 52 weeks, VTRS has reached a high of $13.62, while it has fallen to a 52-week low of $8.74. The 50-Day Moving Average of the stock is 11.71, while the 200-Day Moving Average is calculated to be 10.31.
Shares Statistics:
Over the past 3-months, VTRS traded about 9.75M shares per day on average, while over the past 10 days, VTRS traded about 12.71M shares per day. A total of 1.21B shares are outstanding, with a floating share count of 1.18B. Insiders hold about 1.94% of the company’s shares, while institutions hold 80.20% stake in the company. Shares short for VTRS as of Feb 15, 2024 were 40.84M with a Short Ratio of 4.19, compared to 30.88M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.40% and a Short% of Float of 3.90%.
Dividends & Splits
VTRS’s forward annual dividend rate is 0.48, up from 0.48 a year ago. Against a Trailing Annual Dividend Yield of 3.63%, it implies a Forward Annual Dividend Yield of 3.63%. The stock’s 5-year Average Dividend Yield is 0.89. The current Payout Ratio is 28.11% for VTRS, which recently paid a dividend on Dec 15, 2023 with an ex-dividend date of Nov 22, 2023. Stock splits for the company last occurred on Oct 09, 2003 when the company split stock in a 3:2 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.57, while EPS last year was $0.67. The consensus estimate for the next quarter is $0.74, with high estimates of $0.79 and low estimates of $0.7.
Analysts are recommending an EPS of between $3.02 and $2.89 for the fiscal current year, implying an average EPS of $2.95. EPS for the following year is $2.81, with 8 analysts recommending between $2.89 and $2.64.
Revenue Estimates
6 analysts predict $3.87B in revenue for the current quarter. It ranges from a high estimate of $3.98B to a low estimate of $3.78B. As of the current estimate, Viatris Inc’s year-ago sales were $3.87B, an estimated increase of 0.10% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $3.75B, an increase of 0.40% over than the figure of $0.10% in the same quarter last year. There is a high estimate of $3.91B for the next quarter, whereas the lowest estimate is $3.69B.
A total of 7 analysts have provided revenue estimates for VTRS’s current fiscal year. The highest revenue estimate was $15.57B, while the lowest revenue estimate was $15.37B, resulting in an average revenue estimate of $15.45B. In the same quarter a year ago, actual revenue was $16.22B, down -4.70% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $15.3B in the next fiscal year. The high estimate is $15.63B and the low estimate is $14.74B. The average revenue growth estimate for next year is down -1.00% from the average revenue estimate for this year.
