Market Analysts see Viatris Inc. [VTRS] gaining to $15. Time to buy?

Viatris Inc. [NASDAQ: VTRS] gained 2.15% or 0.25 points to close at $11.89 with a heavy trading volume of 9864470 shares. The company report on January 23, 2023 that Viatris Announces Donations Totaling $1 Million To Provide Aid Supporting Access to Healthcare, Food Security and Water Stewardship.

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Viatris Inc. (NASDAQ:VTRS), a global healthcare company, announced it is donating a total of $1 million to aid in supporting access to healthcare, food security and water stewardship in communities around the world, through four organizations: Direct Relief, World Central Kitchen (WCK), WaterAid and World Food Program USA, the U.S. partner of the United Nations World Food Programme.

“As a signatory to the UN Global Compact and supporter of the UN Sustainable Development Goals, we believe companies can play an important role in helping to enable potential solutions to some of society’s most pressing challenges,” said Michael Goettler, CEO of Viatris. “Guided by our mission to empower people worldwide to live healthier at every stage of life, we are committed to advancing sustainable access to treatment as well as addressing factors impacting the health and well-being of people and communities.”.

It opened the trading session at $11.90, the shares rose to $12.09 and dropped to $11.815, the range by which the price of stock traded the whole day. The daily chart for VTRS points out that the company has recorded 21.57% gains over the past six months. However, it is still -41.21% lower than its most recent low trading price.

If we look at the average trading volume of 9.35M shares, VTRS reached to a volume of 9864470 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 $13.53 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 2.70. 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.

Jefferies have made an estimate for Viatris Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 27, 2023. While these analysts kept the previous recommendation, UBS dropped their target price from $9 to $12. The new note on the price target was released on November 10, 2022, representing the official price target for Viatris Inc. stock. Previously, the target price had yet another raise to $10, while Piper Sandler analysts kept a Neutral rating on VTRS stock.

The Average True Range (ATR) for Viatris Inc. is set at 0.31, with the Price to Sales ratio for VTRS stock in the period of the last 12 months amounting to 0.84. The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 0.61. Price to Free Cash Flow for VTRS in the course of the last twelve months was 6.10 with Quick ratio for the last quarter at 1.10.

Trading performance analysis for VTRS stock

Viatris Inc. [VTRS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.50. With this latest performance, VTRS shares gained by 7.70% in over the last four-week period, additionally plugging by 21.57% over the last 6 months – not to mention a drop of -18.67% 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 59.64, with the RSI for the last a single of trading hit 61.17, and the three-weeks RSI is set at 58.98 for Viatris Inc. [VTRS]. The present Moving Average for the last 50 days of trading for this stock 11.28, while it was recorded at 11.72 for the last single week of trading, and 10.52 for the last 200 days.

Viatris Inc. [VTRS]: A deeper dive into fundamental analysis

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 1.10 and a Current Ratio set at 1.60.

Viatris Inc. [VTRS]: An earnings per share (EPS) analysis

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 -3.85%.

An analysis of insider ownership at Viatris Inc. [VTRS]

There are presently around $10,828 million, or 77.10% of VTRS stock, in the hands of institutional investors. The top three institutional holders of VTRS stocks are: VANGUARD GROUP INC with ownership of 146,665,304, which is approximately 0.909% of the company’s market cap and around 0.21% of the total institutional ownership; BLACKROCK INC., holding 90,806,240 shares of the stock with an approximate value of $1.08 billion in VTRS stocks shares; and STATE STREET CORP, currently with $732.78 million in VTRS stock with ownership of nearly 6.104% of the company’s market capitalization.

Positions in Viatris Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 433 institutional holders increased their position in Viatris Inc. [NASDAQ:VTRS] by around 122,833,108 shares. Additionally, 473 investors decreased positions by around 101,434,698 shares, while 178 investors held positions by with 686,388,829 shares. The mentioned changes placed institutional holdings at 910,656,635 shares, according to the latest SEC report filing. VTRS stock had 104 new institutional investments in for a total of 11,171,761 shares, while 87 institutional investors sold positions of 62,721,384 shares during the same period.


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