For its first fiscal quarter (ending March 31), Viatris Inc (NASDAQ: VTRS) has reported a -47% decline in E.P.S. from $0.19 a year ago to $0.10 in the current quarter. This performance was $-0.58 short of the consensus estimate of $0.68. E.P.S. were $-0.04 for the latest four quarters through March 31 versus $1.57 for the same period a year ago — a decline of -103%.
Recent Price Action
Viatris Inc (NASDAQ: VTRS) stock declined by -5.0% on 5/9/24. The shares closed at $11.22. Moreover, this decline was accompanied by unusually high trading volume at 195% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.5% during the last week.
Current PriceTarget Research Rating
VTRS’ future returns on capital are forecasted to exceed 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Viatris has a slightly positive Power Rating of 69 and a good Appreciation Score of 82, and the Highest Value Trend Rating results.
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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