NASDAQ:VTRS

Viatris (VTRS) Stock Price, News & Analysis

$11.33
-0.48 (-4.06%)
(As of 03:09 PM ET)
Today's Range
$11.09
$11.69
50-Day Range
$11.10
$12.59
52-Week Range
$8.74
$13.62
Volume
10.33 million shs
Average Volume
9.22 million shs
Market Capitalization
$13.49 billion
P/E Ratio
283.25
Dividend Yield
4.24%
Price Target
$11.00

Viatris MarketRank™ Stock Analysis

Analyst Rating
Sell
1.33 Rating Score
Upside/​Downside
2.7% Downside
$11.00 Price Target
Short Interest
Bearish
3.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of Viatris in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.67 M Sold Last Quarter
Proj. Earnings Growth
-0.72%
From $2.77 to $2.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.52 out of 5 stars

Medical Sector

863rd out of 905 stocks

Pharmaceutical Preparations Industry

407th out of 422 stocks

VTRS stock logo

About Viatris Stock (NASDAQ:VTRS)

Viatris Inc. operates as a healthcare company worldwide. The company operates in four segments: Developed Markets, Greater China, JANZ, and Emerging Markets. It offers prescription brand drugs, generic drugs, complex generic drugs, biosimilars, and active pharmaceutical ingredients (APIs). The company offers drugs in various therapeutic areas, including noncommunicable and infectious diseases; biosimilars in the areas of oncology, immunology, endocrinology, ophthalmology, and dermatology; and APIs for antibacterial, central nervous system agents, antihistamines/antiasthmatics, cardiovascular, antivirals, antidiabetics, antifungals, and proton pump inhibitor areas, as well as support services, such as diagnostic clinics, educational seminars, and digital tools to help patients better manage their health. It provides it medicines in the form of oral solid doses, injectables, complex dosage forms, and APIs to retail and pharmacy establishments, wholesalers and distributors, payers, insurers and governments, and institutions. The company distributes its products through pharmaceutical wholesalers/distributors, pharmaceutical retailers, institutional pharmacies, mail-order and e-commerce pharmacies, and specialty pharmacies. It sells its products under the Lyrica, Lipitor, Creon, Influvac, Wixela Inhub, EpiPen auto-injector, Fraxiparine, and Yupelri; Norvasc and Viagra; AMITIZA, Lipacreon, and Effexor; and Celebrex and ARV names, as well as glargine and SEMGLEE names. The company has collaboration and licensing agreements with Revance Therapeutics, Inc.; and Momenta Pharmaceuticals, Inc. Viatris Inc. was founded in 1961 and is headquartered in Canonsburg, Pennsylvania.

VTRS Stock Price History

VTRS Stock News Headlines

NVIDIA is a laughing stock compared to this
You’ve probably read about NVIDIA’s recent earnings blowout… Where it revealed that thanks to demand for AI, its future earnings will crush previous expectations. The markets reacted by sending NVIDIA’s stock surging by almost 25% in a single day… An impressive feat when you consider it was already a $700+ billion stock before that surge. If you already owned NVIDIA stock before the jump – congratulations… But if you didn’t, don’t worry… Because I’ve just discovered an undercover AI stock that I believe could do 300 times better than NVIDIA.
Viatris Inc. Q1 Profit Drops, Inline With Estimates
NVIDIA is a laughing stock compared to this
You’ve probably read about NVIDIA’s recent earnings blowout… Where it revealed that thanks to demand for AI, its future earnings will crush previous expectations. The markets reacted by sending NVIDIA’s stock surging by almost 25% in a single day… An impressive feat when you consider it was already a $700+ billion stock before that surge. If you already owned NVIDIA stock before the jump – congratulations… But if you didn’t, don’t worry… Because I’ve just discovered an undercover AI stock that I believe could do 300 times better than NVIDIA.
Viatris Announces US Commercial Launch Of RYZUMVl 0.75%
See More Headlines
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Company Calendar

Ex-Dividend for 3/18 Dividend
3/08/2024
Dividend Payable
3/18/2024
Today
5/09/2024
Last Earnings
5/09/2024
Next Earnings (Confirmed)
5/09/2024
Dividend Payable
6/14/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 6/14 Dividend
1/01/2100

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:VTRS
Employees
38,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$13.00
Low Stock Price Target
$9.00
Potential Upside/Downside
-2.7%
Consensus Rating
Sell
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

Net Income
$54.70 million
Pretax Margin
1.32%

Debt

Sales & Book Value

Annual Sales
$15.43 billion
Cash Flow
$5.02 per share
Book Value
$17.06 per share

Miscellaneous

Outstanding Shares
1,190,660,000
Free Float
1,187,566,000
Market Cap
$13.45 billion
Optionable
Optionable
Beta
1.13
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Key Executives

  • Mr. Scott Andrew Smith (Age 62)
    CEO & Director
  • Ms. Theodora Mistras
    Chief Financial Officer
  • Mr. Paul B. Campbell (Age 56)
    Chief Accounting Officer, Senior VP & Corporate Controller
  • Mr. Ramkumar V. Rayapureddy
    Chief Information Officer
  • Mr. Brian S. Roman (Age 53)
    Chief Legal Officer
  • Mr. Andrew Enrietti
    Chief People Officer
  • Mr. Menassie Taddese M.B.A.Mr. Menassie Taddese M.B.A. (Age 54)
    President of Emerging Markets
  • Mr. Derek Glover
    Chief Quality Officer
  • Ms. Lara Ramsburg
    Chief Corporate Affairs Officer
  • Dr. Jeffrey Nau MMS (Age 48)
    Ph.D., President of Viatris Eye Care Division

VTRS Stock Analysis - Frequently Asked Questions

Should I buy or sell Viatris stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viatris in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" VTRS shares.
View VTRS analyst ratings
or view top-rated stocks.

What is Viatris' stock price target for 2024?

3 brokers have issued 1 year price objectives for Viatris' stock. Their VTRS share price targets range from $9.00 to $13.00. On average, they anticipate the company's share price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for VTRS
or view top-rated stocks among Wall Street analysts.

How have VTRS shares performed in 2024?

Viatris' stock was trading at $10.83 at the start of the year. Since then, VTRS shares have increased by 4.3% and is now trading at $11.30.
View the best growth stocks for 2024 here
.

When is Viatris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our VTRS earnings forecast
.

How were Viatris' earnings last quarter?

Viatris Inc. (NASDAQ:VTRS) released its earnings results on Thursday, May, 9th. The company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $3.65 billion for the quarter, compared to analysts' expectations of $3.69 billion. Viatris had a trailing twelve-month return on equity of 17.03% and a net margin of 0.35%. The company's quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the business posted $0.78 earnings per share.

How often does Viatris pay dividends? What is the dividend yield for Viatris?

Viatris declared a quarterly dividend on Thursday, May 9th. Shareholders of record on Friday, May 24th will be given a dividend of $0.12 per share on Friday, June 14th. This represents a $0.48 annualized dividend and a dividend yield of 4.25%.
Read our dividend analysis for VTRS
.

Is Viatris a good dividend stock?

Viatris (NASDAQ:VTRS) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.07%. VTRS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, VTRS will have a dividend payout ratio of 17.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VTRS.

How will Viatris' stock buyback program work?

Viatris declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 28th 2024, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is undervalued.

What guidance has Viatris issued on next quarter's earnings?

Viatris issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of 2.660-2.810 for the period, compared to the consensus estimate of 2.770. The company issued revenue guidance of $15.0 billion-$15.5 billion, compared to the consensus revenue estimate of $15.4 billion.

What is Michael Goettler's approval rating as Viatris' CEO?

8 employees have rated Viatris Chief Executive Officer Michael Goettler on Glassdoor.com. Michael Goettler has an approval rating of 85% among the company's employees.

Who are Viatris' major shareholders?

Viatris' stock is owned by a number of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.96%), LSV Asset Management (0.82%), Nordea Investment Management AB (0.34%), Swiss National Bank (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and Russell Investments Group Ltd. (0.23%). Insiders that own company stock include Andrew Cuneo, Anthony Mauro, Der Meer Mohr Pauline Van, Dillon Joellen Lyons, Menassie Taddese, Michael Goettler, Paul Campbell, Robert J Coury, W Don Cornwell and Xiangyang (Sean) Ni.
View institutional ownership trends
.

How do I buy shares of Viatris?

Shares of VTRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VTRS) was last updated on 5/9/2024 by MarketBeat.com Staff

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