Currently, there are 1.21B common shares owned by the public and among those 1.18B shares have been available to trade.
Insiders at the company have transacted a total of 119 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 68 of these insider trades were purchases, accounting for 1,599,493 shares. Insider sales of the common stock occurred on 51 occasions, with total insider shares sold totaling 647,975 shares.
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The company’s stock has a 5-day price change of 3.20% and 31.90% over the past three months. VTRS shares are trading 10.34% year to date (YTD), with the 12-month market performance up to 1.96% higher. It has a 12-month low price of $8.74 and touched a high of $12.49 over the same period. VTRS has an average intraday trading volume of 0.77 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.14%, 8.66%, and 18.11% respectively.
Institutional ownership of Viatris Inc (NASDAQ: VTRS) shares accounts for 79.50% of the company’s 1.21B shares outstanding.
It has a market capitalization of $14.34B and a beta (3y monthly) value of 1.13. The stock’s trailing 12-month PE ratio is 7.92, while the earnings-per-share (ttm) stands at $1.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.62% over the week and 2.50% over the month.
Analysts forecast that Viatris Inc (VTRS) will achieve an EPS of $0.65 for the current quarter, $0.74 for the next quarter and $2.8 for 2024. The lowest estimate earnings-per-share for the quarter is $0.57 while analysts give the company a high EPS estimate of $0.7. Comparatively, EPS for the current quarter was $0.67 a year ago. Earnings per share for the fiscal year are expected to decrease by -11.58%, and -5.67% over the next financial year. EPS should shrink at an annualized rate of -2.50% over the next five years, compared to 5.60% over the past 5-year period.
Looking at the support for the VTRS, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on October 23, 2023, with the firm’s price target at $13-$9.
