Viatris Inc. (NASDAQ: VTRS) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Viatris Inc. (VTRS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -0.44%, to $9. Volume reached 806,598 shares, with price reaching a high of $9 and a low of $8.93. Yahoo Finance discussed the stock recently as it posted Mapi Pharma Announces Positive Top-Line Results from GA Depot Phase III Trial for Relapsing forms of Multiple Sclerosis (RMS).


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Stocks Info

Viatris Inc. is listed on the NASDAQ in the Healthcare sector while operating in the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $8.94 and fluctuated between $9.05 as its day high and $8.81 as its day low. The current market capitalization of Viatris Inc. is $11.13B. A total of 8.91 million shares were traded on the day, compared to an average of 11.09M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, VTRS has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 9,440 shares. Over the last 12 months, there were 82 BUYs and 53 SELLs from insiders. Insiders purchased 1,509,308 shares during that period but sold 1,375,093.

In the most recent transaction, van der Meer Mohr Pauline sold 9,440 shares of VTRS for 10.58 per share on Aug 17. After the transaction, the Director now owns 20,543 company shares. In a previous transaction on May 27, Taddese Menassie sold 8,813 shares at 12.07 per share. VTRS shares that owns now total 0.

Among the insiders who bought shares, CORNWELL W DON acquired of 2,700 shares on Mar 15 at a per-share price of $9.90. This resulted in the Director holding 22,031 shares of VTRS after the transaction. In another insider transaction, GOETTLER MICHAEL bought 50,352 shares at $9.87 per share on Mar 15. Company shares held by the Chief Executive Officer now total 136,796.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Viatris Inc. pays an annual dividend of $0.48, resulting in a dividend yield of 5.37%, and it has a price to earnings (P/E) ratio of 14.28. VTRS’s most recent ex-dividend date was 08/23/2022 when it declared a $0.12 quarterly dividend that was paid in cash on 09/16/2022. Previously, the company paid the dividend on 06/16/2022 with an ex-dividend date of 05/23/2022. The dividend was $0.12 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for VTRS in the last 3 months, the mean price target is $13.22 with high estimates of $21.00 and low estimates of $9.00. In terms of 52-week highs and lows, VTRS has a high of $15.60 and a low of $9.03.

As of this writing, VTRS has an earnings estimate of $0.82 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.83 per share and a lower estimate of $0.8. The company reported an EPS of $0.88 in the last quarter, which was 8.64% higher than expectations of $0.81.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VTRS is Hold with a score of 3.00. A total of 3 analysts rated the stock as Buy while 2 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.

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