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NASDAQ:VTRS

Viatris (VTRS) Stock Price, News & Analysis

$10.43
-0.16 (-1.51%)
(As of 07/2/2024 ET)
Today's Range
$10.33
$10.70
50-Day Range
$10.05
$11.82
52-Week Range
$8.74
$13.62
Volume
4.93 million shs
Average Volume
9.15 million shs
Market Capitalization
$12.42 billion
P/E Ratio
N/A
Dividend Yield
4.60%
Price Target
$11.00

Viatris MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
5.5% Upside
$11.00 Price Target
Short Interest
Bearish
4.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of Viatris in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.83 M Sold Last Quarter
Proj. Earnings Growth
-0.36%
From $2.76 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.

0.53 out of 5 stars

Medical Sector

875th out of 914 stocks

Pharmaceutical Preparations Industry

415th out of 433 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

Major Pharma Deals Propel This Undervalued AI Stock
You need to check out this game-changing biotech stock. Their physics-based software can model how molecules behave and identify ideal drug candidates in record time. Big Pharma is taking notice.
Major Pharma Deals Propel This Undervalued AI Stock
You need to check out this game-changing biotech stock. Their physics-based software can model how molecules behave and identify ideal drug candidates in record time. Big Pharma is taking notice.
Viatris: Skeptics Proven Right Once Again
Stocks Rise on Fed Rate Cut Hopes
Viatris Inc. Q1 Profit Drops, Inline With Estimates
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/14 Dividend
5/23/2024
Dividend Payable
6/14/2024
Today
7/02/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

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
+5.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$54.70 million
Pretax Margin
0.55%

Debt

Sales & Book Value

Annual Sales
$15.36 billion
Cash Flow
$5.14 per share
Book Value
$17.06 per share

Miscellaneous

Outstanding Shares
1,190,676,000
Free Float
1,187,580,000
Market Cap
$12.42 billion
Optionable
Optionable
Beta
0.97
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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?

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

What is Viatris' stock price target for 2024?

2 equities research analysts have issued 12-month price targets for Viatris' shares. Their VTRS share price targets range from $9.00 to $13.00. On average, they anticipate the company's stock price to reach $11.00 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
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 stock has decreased by 3.7% and is now trading at $10.43.
View the best growth stocks for 2024 here
.

Are investors shorting Viatris?

Viatris saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 51,385,600 shares, an increase of 33.0% from the May 31st total of 38,630,000 shares. Based on an average daily trading volume, of 8,104,400 shares, the days-to-cover ratio is presently 6.3 days. Currently, 4.4% of the company's stock are short sold.
View Viatris' Short Interest
.

When is Viatris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our VTRS earnings forecast
.

How can I listen to Viatris' earnings call?

Viatris will be holding an earnings conference call on Thursday, August 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Viatris' earnings last quarter?

Viatris Inc. (NASDAQ:VTRS) announced its quarterly earnings results on Thursday, May, 9th. The company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. The firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.69 billion. Viatris had a positive trailing twelve-month return on equity of 16.63% and a negative net margin of 0.37%. The company's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 earnings per share.
Read the conference call transcript
.

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

Viatris declared a quarterly dividend on Monday, May 6th. Stockholders 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 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend is Thursday, May 23rd.
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 4.58%. VTRS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for VTRS.

How will Viatris' stock buyback program work?

Viatris declared that its board has approved a share repurchase program on Wednesday, February 28th 2024, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

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

Viatris updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of 2.660-2.810 for the period, compared to the consensus earnings per share 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 many different institutional and retail investors. Top institutional shareholders include GAMMA Investing LLC (0.00%) and Marcum Wealth LLC (0.00%). Insiders that own company stock include Andrew Cuneo, Anthony Mauro, Brian Roman, Der Meer Mohr Pauline Van, Dillon Joellen Lyons, Menassie Taddese, Michael Goettler, Paul Campbell, Rajiv Malik, 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 7/3/2024 by MarketBeat.com Staff

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