Viatris Inc (NASDAQ: VTRS) Is A Chance For Risk-Tolerant Investors

Viatris Inc (NASDAQ:VTRS)’s traded shares stood at 15.91 million during the latest session, with the company’s beta value hitting 0.88. At the last check today, the stock’s price was $9.22, to imply a decrease of -18.02% or -$2.02 in intraday trading. The VTRS share’s 52-week high remains $13.55, putting it -46.96% down since that peak but still an impressive -7.7% since price per share fell to its 52-week low of $9.93.

Analysts have given a consensus recommendation of Hold for Viatris Inc (VTRS), translating to a mean rating of 3.12. Of 5 analyst(s) looking at the stock, 1 analyst(s) give VTRS a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.63.

Viatris Inc (NASDAQ:VTRS) trade information

After registering a -18.02% downside in the latest session, Viatris Inc (VTRS) has traded red over the past five days. The 5-day price performance for the stock is -16.68%, and -17.72% over 30 days. With these gigs, the year-to-date price performance is -25.98%.

The extremes give us $12 and $15 for target low and target high price respectively. As such, VTRS has been trading -62.69% off suggested target high and -30.15% from its likely low.

Viatris Inc (VTRS) estimates and forecasts

The rating firms project that company’s revenue will shrink -3.52% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 3.58B. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3.63B.Earnings reports from the last fiscal year show that sales brought in 3.66B and 3.8B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.15% before dropping -4.46% in the following quarter.

VTRS Dividends

Viatris Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Viatris Inc has a forward dividend ratio of 0.48, with the share yield ticking at 5.21% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is BLACKROCK INC. with 92.67 million shares, or about 7.78% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $985.06 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Viatris Inc (VTRS) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 37.64 shares. This is just over 3.15% of the total shares, with a market valuation of $350.28 million. Data from the same date shows that the other fund manager holds a little less at 31.26, or 2.62% of the shares, all valued at about 290.86 million.