Viatris Inc. [NASDAQ: VTRS] traded at a low on 09/02/22, posting a -1.25 loss after which it closed the day’ session at $9.45. The company report on August 8, 2022 that Viatris Reports Strong Second Quarter 2022 Results.
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Reports Total Revenues of $4.12 Billion; U.S. GAAP Net Earnings of $314 Million; Adjusted EBITDA of $1.48 Billion; U.S. GAAP Net Cash Provided by Operating Activities of $803 Million; and Free Cash Flow of $719 Million.
Strong First Half 2022 Cash Flow; Approximately $1.9 Billion of U.S. GAAP Net Cash Provided by Operating Activities and Approximately $1.8 Billion in Free Cash Flow.
The results of the trading session contributed to over 10094270 shares changing hands. Over the past one week, the price volatility of Viatris Inc. stands at 2.86% while the volatility over the past one month is 3.04%.
The market cap for VTRS stock reached $11.60 billion, with 1.21 billion shares outstanding and 1.21 billion shares in the current float. Compared to the average trading volume of 11.02M shares, VTRS reached a trading volume of 10094270 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $14.23 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 2.60. 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.
UBS have made an estimate for Viatris Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 14, 2022. The new note on the price target was released on May 10, 2022, representing the official price target for Viatris Inc. stock. On March 01, 2022, analysts decreased their price target for VTRS shares from 21 to 13.
The Average True Range (ATR) for Viatris Inc. is set at 0.30, with the Price to Sales ratio for VTRS stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 0.58, 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 4.59 with Quick ratio for the last quarter at 1.00.
How has VTRS stock performed recently?
Viatris Inc. [VTRS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.35. With this latest performance, VTRS shares dropped by -1.77% in over the last four-week period, additionally sinking by -7.35% over the last 6 months – not to mention a drop of -37.54% 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 31.74, with the RSI for the last a single of trading hit 22.65, and the three-weeks RSI is set at 36.74 for Viatris Inc. [VTRS]. The present Moving Average for the last 50 days of trading for this stock 10.19, while it was recorded at 9.63 for the last single week of trading, and 11.76 for the last 200 days.
Viatris Inc. [VTRS]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Viatris Inc. [VTRS] shares currently have an operating margin of +9.34 and a Gross Margin at +34.70. Viatris Inc.’s Net Margin is presently recorded at -7.11.
Return on Equity for this stock declined to -5.84, with Return on Assets sitting at -2.18.
Viatris Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.50.
Earnings analysis for Viatris Inc. [VTRS]
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 -1.80%.
Insider trade positions for Viatris Inc. [VTRS]
There are presently around $8,493 million, or 75.70% of VTRS stock, in the hands of institutional investors. The top three institutional holders of VTRS stocks are: VANGUARD GROUP INC with ownership of 145,344,236, which is approximately 5.05% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 93,510,570 shares of the stock with an approximate value of $883.67 million in VTRS stocks shares; and STATE STREET CORP, currently with $548.9 million in VTRS stock with ownership of nearly 2.62% of the company’s market capitalization.
Positions in Viatris Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 414 institutional holders increased their position in Viatris Inc. [NASDAQ:VTRS] by around 105,300,273 shares. Additionally, 523 investors decreased positions by around 96,890,680 shares, while 168 investors held positions by with 696,521,967 shares. The mentioned changes placed institutional holdings at 898,712,920 shares, according to the latest SEC report filing. VTRS stock had 94 new institutional investments in for a total of 16,155,981 shares, while 100 institutional investors sold positions of 10,162,528 shares during the same period.