Alert: New Earnings Report (2/28/24)-Viatris Inc (NASDAQ: VTRS).

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Viatris Inc (NASDAQ: VTRS) has reported a loss for its fourth fiscal quarter (ending December 31) of $-0.64 versus $0.83 for the same period a year ago — a decline of -177%. This performance was $-1.29 short of the consensus estimate of $0.65. For the latest four quarters through December 31, E.P.S. were $0.05 versus $1.71 for the same period a year ago — a decline of -97%.

Recent Price Action

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On 2/28/24, Viatris Inc (NASDAQ: VTRS) stock suffered a large decline of -7.1%, closing at $12.29. Moreover, trading volume in this decline was exceptionally high at 264% of normal. The stock has been strong relative to the market over the last nine months but has declined -7.2% during the last week.

Current PriceTarget Research Rating

VTRS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Viatris has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Viatris has a good Power Rating of 73 and a good Appreciation Score of 77, producing the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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