Is Viatris Inc (NASDAQ: VTRS) No Longer A Good Investment?

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that Viatris to Announce Fourth Quarter and Full-Year 2023 Financial Results.

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Stocks Info

VTRS belongs to the Healthcare sector of the NASDAQ while operating in the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $13.43 and fluctuated between $13.49 as its day high and $13.33 as its day low. The current market capitalization of Viatris Inc is $16.11B. A total of 11.67 million shares were traded on the day, compared to an average of 9.42M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, VTRS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 68 BUYs and 51 SELLs from insiders. Insiders purchased 1,599,493 shares during that period but sold 647,975.

In the most recent transaction, Cuneo Andrew sold 4,000 shares of VTRS for 13.50 per share on Feb 23. After the transaction, the insider now owns 34,795 company shares. In a previous transaction on Feb 15, Cuneo Andrew sold 4,000 shares at 12.50 per share. VTRS shares that the insider owns now total 38,795.

Among the insiders who sold shares, Cuneo Andrew disposed of 4,000 shares on Jan 04 at a per-share price of $11.50. This resulted in the insider holding 42,795 shares of VTRS after the transaction. In another insider transaction, Cuneo Andrew sold 4,000 shares at $10.50 per share on Dec 14. Company shares held by the insider now total 46,795.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Viatris Inc pays an annual dividend of $0.48, resulting in a dividend yield of 3.57%, and it has a price to earnings (P/E) ratio of 8.90. VTRS’s most recent ex-dividend date was 11/22/2023 when it declared a $0.12 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/23/2023. The VTRS stock dividend was $0.12 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for VTRS in the last 3 months, the mean price target is $11.38 with high estimates of $14.00 and low estimates of $10.00. In terms of 52-week highs and lows, VTRS has a high of $13.62 and a low of $8.74.

As of this writing, VTRS has an earnings estimate of $0.65 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.7 per share and a lower estimate of $0.57. The company reported an EPS of $0.75 in the last quarter, which was 5.60% higher than expectations of $0.71.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. VTRS’s latest balance sheet shows that the firm has $935.00M in Cash & Short Term Investments as of fiscal 2021. There were $23.36B in debt and $9.88B in liabilities at the time. Its Book Value Per Share was $17.09, while its Total Shareholder’s Equity was $20.49B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 2.40.

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