Positive context积极背景
Stocks股票 / Health Care / VTRS
Viatris · Health Care
VTRS US listed · USD美股 · 美元
Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania.威达瑞公司是一家总部位于宾夕法尼亚州卡农斯堡的美国全球制药和医疗保健企业。
Large cap大盘 · $18B
Health Care
Distressed困境股
$16.04
-$0.06 · -0.37%
52w low52周低 $9.10high高 $18.14
Constructive — building a base建设性 — 正在筑底
A cycle low is due in roughly ~0–6 trading days — watch for the turn, don't front-run it.周期低点预计在约 ~0–6 个交易日内出现——等待转向，切勿抢跑。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
38
Depressed偏低
vs 50-day average相对50日均线
-3.2% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
+13.7% above上方
Long trend up长期向上
Volatility波动率
72th percentile第72百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Estimates being cut预期下调
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | VTRS | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/S市销率 | 1.29x | 3.20 | |
| FCF yield自由现金流收益率 | 10.49% | 4.00 | |
| Shareholder yield股东收益率 | 2.71% | 1.83 | |
| EV/EBITDA企业价值/EBITDA | 233.48x | 19.05 | |
| P/FCF市值/自由现金流 | 9.54x | 22.49 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$14.3B2025
20202025
5-yr growth5年复合增速 3.7%
Earnings per share每股收益
$-3.002025
20202025
Free cash flow自由现金流
$1.9B2025
20202025
Gross margin毛利率
35.1%
Operating margin营业利润率
-18.6%
FCF margin自由现金流利润率
16.2%
Balance-sheet quality财务体质 4/8
Bankruptcy risk: distress zone破产风险：警戒区
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA96.83
Current ratio流动比率1.38
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$500.5M
Stock-based comp股权薪酬$177.7M
Share count change (1y)股数变化（1年）-3.5%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
Health Care (Equal-Weight) theme — #19 of 49 themes「医疗保健（等权）」主题 — 49 个主题中第 19 位
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
VTRS weekly MACD crossed downVTRS 周线MACD下穿
Options positioning期权持仓
as of last close截至上一收盘Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大
Expected daily move预期日波动
±1.63%
Expected weekly move预期周波动
±3.64%
Gamma flip伽玛翻转位
$17
25d risk reversal25d风险逆转
-0.7%
Skew: balanced偏斜：balanced
Call and put walls are plotted on the Trade levels ladder →看涨/看跌期权墙已标注在「交易点位」阶梯上 →
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$1.1M net (0 buyers, 1 sellers)-$1.1M 净值（0 买家，1 卖家）
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY. Day 38 of a typical 23-44-day cycle — inside the window where lows usually form, and short-term momentum is washed out. No confirmed turn yet准备。典型 23-44 天周期的第 38 天——处于低点通常形成的窗口内，且短期动量已被洗净。尚无确认的转向
Aug 7, 2026
VTRS weekly MACD crossed downVTRS 周线MACD下穿
The weekly MACD histogram turned negative — the slower, less-whippy momentum read.周线MACD柱状图转负 — 更慢、更少来回的动量信号。
Aug 6, 2026
UPTREND → UNCONFIRMED TURN上涨趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Aug 6, 2026
VTRS daily MACD crossed downVTRS 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $16.29.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$16.29。
Jul 31, 2026
NEARING A HIGH → UPTREND接近高点 → 上涨趋势
HOLD持有
Jul 30, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Jul 27, 2026
UPTREND → BUY ZONE上涨趋势 → 买入区
BUY买入
Jul 27, 2026
VTRS made a new 52-week highVTRS 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $17.64.价格创出52周新高 — 全市场关注的动量/趋势极值。$17.64。
Jul 24, 2026
BUY ZONE → UPTREND买入区 → 上涨趋势
HOLD持有
Jul 24, 2026
VTRS weekly MACD crossed upVTRS 周线MACD上穿
The weekly MACD histogram turned positive — the slower, less-whippy momentum read.周线MACD柱状图转正 — 更慢、更少来回的动量信号。
Jul 21, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Jul 21, 2026
VTRS made a new 52-week highVTRS 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $17.59.价格创出52周新高 — 全市场关注的动量/趋势极值。$17.59。
Showing the last 15 of显示最近15条，共 107 signals条信号
Company profile公司档案
Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania.威达瑞公司是一家总部位于宾夕法尼亚州卡农斯堡的美国全球制药和医疗保健企业。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Profitability盈利能力
Below market低于市场
Quality质量
Below market低于市场
Investment资本投入
Above market高于市场
Shareholder payout股东回报
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Short interest空头兴趣
Below market低于市场
Watch items — what could change the story关注项 — 可能改变故事的因素
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Sales市销率 | 1.3× | 3.2× | 77% |
| EV / EBITDAEV/EBITDA | 233.5× | 19.1× | 1% |
| Free-cash-flow yield自由现金流收益率 | 12.5% | 5.3% | 90% |
| Shareholder yield股东综合回报率 | 2.7% | 1.8% | 63% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
87/100 — stronger than most强于多数
vs market, 3 months相对大盘（3个月）
17/100 — weaker than most弱于多数
vs market, 6 months相对大盘（6个月）
38/100 — middle of the pack居中
vs market, 12 months相对大盘（12个月）
81/100 — stronger than most强于多数
Rank in sector行业内排名
#14 / 172
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -1.5% | +1.2% |
| 1 Month近1月 | -1.7% | +3.5% |
| 3 Months近3月 | -2.0% | +5.2% |
| 6 Months近6月 | +3.3% | +14.4% |
| Year to date年初至今 | +30.8% | +14.2% |
| 1 Year近1年 | +60.2% | +21.6% |
Trading information交易信息
Beta vs market贝塔
0.72
Volatility rank波动率分位
72th pctile
Short interest空头占比
4.0% of float
Market cap市值
$18B
Off 52-week high距52周高点
-10.2%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $11.9B | $17.9B | $16.3B | $15.4B | $14.7B | $14.3B |
| EPS每股收益 | $-1.11 | $-1.05 | $1.71 | $0.05 | $-0.53 | $-3.00 |
| Free cash flow自由现金流 | $989M | $2.6B | $2.5B | $2.4B | $2.0B | $1.9B |
| Gross margin毛利率 | 31.8% | 31.2% | 40.0% | 41.7% | 38.2% | 35.1% |
| Net margin净利率 | -5.6% | -7.1% | 12.8% | 0.4% | -4.3% | -24.6% |
| FCF margin自由现金流利润率 | 8.3% | 14.3% | 15.7% | 15.7% | 13.4% | 13.5% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$14.3B
Gross profit毛利润
$5.0B
Operating cash flow经营现金流
$2.3B
Total assets总资产
$37.2B
Long-term debt长期负债
$12.5B
Buybacks股票回购
$500M
Shares outstanding总股本
1.15B
Returns & growth回报与增长
Debt / assets负债/资产
33.6%
Asset growth资产增速
-10.4%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: inventory & receivables lean vs sales营运资本：存货与应收相对销售保持精简
- Pricing power: soft gross profitability vs peers定价能力：毛利能力弱于同业
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: Altman Z 0.71 — distress zone资产负债表：Altman Z 0.71——困境区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
38
RSI (2-day)RSI（2日）
4
vs 20-day average相对20日均线
-6.3%
vs 50-day average相对50日均线
-3.2%
vs 200-day average相对200日均线
+13.7%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum down — fresh downturn动能向下——刚刚转弱
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
62/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Analysts covering覆盖分析师
3
Estimate direction预期调整方向
mostly cutting多数下调
Estimate change, 90 days预期变化（90天）
-1.3%
Net upgrades, 30 days净上调（30天）
-1
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Call wall看涨期权墙
$18
Put wall看跌期权墙
$16
Gamma flip伽玛翻转位
$17
Upside magnet上方磁吸位
$17
Downside magnet下方磁吸位
$16
Net dealer gamma做市商净伽玛
+$0.0B
Distance to flip距翻转位
-3.6%
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
0%
25-delta risk reversal25-delta风险逆转
-0.7%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$1.1M
Insider buyers vs sellers内部人买家vs卖家
0 : 1
Short interest空头占流通盘
4.0%
Days to cover回补天数
4.8
Short interest change空头变化
-3.2%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。