Viatris Inc (NASDAQ: VTRS) is 10.25% higher on its value in year-to-date trading and has touched a low of $8.74 and a high of $13.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VTRS stock was last observed hovering at around $11.94 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $11.94, the stock is -0.40% and -1.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.82 million and changing 0.00% at the moment leaves the stock 12.36% off its SMA200. VTRS registered 24.90% gain for a year compared to 6-month gain of 21.10%. The firm has a 50-day simple moving average (SMA 50) of $2.03 and a 200-day simple moving average (SMA200) of $8.92.
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The stock witnessed a -5.16% loss in the last 1 month and extending the period to 3 months gives it a 10.25%, and is 0.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.10% over the week and 2.16% over the month.
Viatris Inc (VTRS) has around 38000 employees, a market worth around $14.18B and $15.38B in sales. Current P/E ratio is 281.60 and Fwd P/E is 4.27. Profit margin for the company is 0.36%. Distance from 52-week low is 36.61% and -12.32% from its 52-week high. The company has generated returns on investments over the last 12 months (0.15%).
Viatris Inc quarterly earnings per share for the current quarter are estimated at $0.69 with sales reaching $3.7B over the same period.The EPS is expected to shrink by -5.31% this year, but quarterly earnings will post -0.30% year-over-year. Quarterly sales are estimated to shrink -0.80% in year-over-year returns.
Viatris Inc (VTRS) Top Institutional Holders
1,369 institutions hold shares in Viatris Inc (VTRS), with institutional investors hold 83.70% of the company’s shares. The shares outstanding are 1.20B, and float is at 1.16B with Short Float at 3.31%. Institutions hold 83.41% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 144.5 million shares valued at $1.44 billion. The investor’s holdings represent 12.05% of the VTRS Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 88.92 million shares valued at $887.43 million to account for 7.41% of the shares outstanding. The other top investors are Davis Selected Advisers, LP which holds 62.95 million shares representing 5.25% and valued at over $628.22 million, while State Street Corporation holds 5.11% of the shares totaling 61.29 million with a market value of $611.64 million.
Viatris Inc (VTRS) Insider Activity
The most recent transaction is an insider sale by Mauro Anthony. SEC filings show that Mauro Anthony sold 250,000 shares of the company’s common stock on Mar 13 ’24 at a price of $12.09 per share for a total of $3.02 million. Following the sale, the insider now owns 0.24 million shares.
Viatris Inc disclosed in a document filed with the SEC on Mar 05 ’24 that Campbell Paulsold a total of 24,353 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $12.33 per share for $0.3 million. Following the transaction, the insider now directly holds 0.15 million shares of the VTRS stock.
Still, SEC filings show that on Mar 05 ’24, Lyons Dillon JoEllen (Director) disposed off 20,000 shares at an average price of $12.36 for $0.25 million. The insider now directly holds 58,714 shares of Viatris Inc (VTRS).
