Viatris Inc. [NASDAQ: VTRS] loss -0.88% on the last trading session, reaching $14.72 price per share at the time. The company report on March 1, 2021 that Viatris Inc. Hosts Inaugural Investor Day Outlining Unique and Differentiated Business Model, High-Quality Operational Platform, and Focus on CSR and Financial Commitments.
At a virtual meeting with the investment community, Viatris Inc. (NASDAQ: VTRS) will outline how the company expects to lead as a new kind of healthcare company with a unique and differentiated business model, high-quality operational platform and clear focus on ensuring its sustainability priorities and financial commitments are met.
Viatris CEO Michael Goettler said, “Building on a strong, combined foundation, we are embarking on a multi-year journey to transform our company. We believe that we are well positioned to achieve our goals by leveraging our strengths and unique capabilities. We are relentless in our commitment to continuous improvement and high quality. Our obsession to create value in everything we do will serve as our north star. With talented and committed colleagues, an engaged culture and clear strategy, we are confident we can deliver enhanced shareholder value as we execute.
Viatris Inc. represents 516.90 million in outstanding shares, while the company has a total market value of $18.37 billion with the latest information. VTRS stock price has been found in the range of $14.615 to $15.30.
If compared to the average trading volume of 12.07M shares, VTRS reached a trading volume of 11903191 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Viatris Inc. [VTRS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VTRS shares is $20.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VTRS stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Viatris Inc. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on February 26, 2021. The new note on the price target was released on January 05, 2021, representing the official price target for Viatris Inc. stock. Previously, the target price had yet another raise to $21, while Bernstein analysts kept a Mkt Perform rating on VTRS stock.
The Average True Range (ATR) for Viatris Inc. is set at 0.63, with the Price to Sales ratio for VTRS stock in the period of the last 12 months amounting to 1.60. The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 0.60. Price to Free Cash Flow for VTRS in the course of the last twelve months was 10.92 with Quick ratio for the last quarter at 0.60.
Trading performance analysis for VTRS stock
Viatris Inc. [VTRS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.03. With this latest performance, VTRS shares dropped by -14.37% in over the last four-week period, additionally sinking by -9.02% over the last 6 months – not to mention a drop of -14.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VTRS stock in for the last two-week period is set at 24.26, with the RSI for the last a single of trading hit 16.80, and the three-weeks RSI is set at 30.97 for Viatris Inc. [VTRS]. The present Moving Average for the last 50 days of trading for this stock 17.54, while it was recorded at 15.03 for the last single week of trading.
Viatris Inc. [VTRS]: A deeper dive into fundamental analysis
Viatris Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.00.
Viatris Inc. [VTRS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Viatris Inc. posted 1.4/share EPS, while the average EPS was predicted by analysts to be reported at 1.28/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VTRS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Viatris Inc. go to -3.65%.
An analysis of insider ownership at Viatris Inc. [VTRS]
The top three institutional holders of VTRS stocks are: VANGUARD GROUP INC with ownership of 129,072,141, which is approximately -74.489% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 89,526,414 shares of the stock with an approximate value of $1.32 billion in VTRS stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $1.03 billion in VTRS stock with ownership of nearly -76.212% of the company’s market capitalization.