Via Transportation Inc. (NYSE:VIA) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Shares have received an average rating of “Moderate Buy” from 14 analysts (12 buys, 1 hold, 1 sell) with a consensus 12‑month price target of $49.
• VIA opened at $15.62 and is trading near its 12‑month low ($13.11) versus a high of $56.31, with a market cap of $1.27B and a negative P/E (-22.64); its 50‑day moving average ($16.31) is well below the 200‑day ($28.43), signaling a sustained downtrend.
• Analysts have been revising targets recently (e.g., Oppenheimer to $40, Morgan Stanley to $28, Guggenheim to $50 while Needham reaffirmed $55), and institutional ownership is high at about 74.4%, with several funds initiating or increasing positions.

Shares of Via Transportation Inc. (NYSE:VIA - Get Free Report) have received an average rating of "Moderate Buy" from the fourteen research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $49.00.

Several equities research analysts have issued reports on the stock. Oppenheimer decreased their price target on shares of Via Transportation from $59.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Via Transportation in a research note on Monday, December 29th. Needham & Company LLC reaffirmed a "buy" rating and set a $55.00 price target on shares of Via Transportation in a research note on Monday, March 2nd. Guggenheim decreased their price target on shares of Via Transportation from $58.00 to $50.00 and set a "buy" rating on the stock in a research note on Monday, March 2nd. Finally, Morgan Stanley cut their price objective on shares of Via Transportation from $41.00 to $28.00 and set an "overweight" rating on the stock in a report on Monday, March 2nd.

Via Transportation Price Performance

Via Transportation stock opened at $15.62 on Friday. Via Transportation has a 12-month low of $13.11 and a 12-month high of $56.31. The stock has a market capitalization of $1.27 billion and a P/E ratio of -22.64. The firm's 50-day moving average is $16.31 and its two-hundred day moving average is $28.43.

Via Transportation (NYSE:VIA - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The company reported $999.00 earnings per share (EPS) for the quarter. As a group, analysts forecast that Via Transportation will post -0.77 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Inspire Investing LLC purchased a new position in shares of Via Transportation during the 1st quarter worth about $523,000. SG Americas Securities LLC purchased a new position in shares of Via Transportation during the 1st quarter worth about $202,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Via Transportation during the 4th quarter worth about $49,000. XTX Topco Ltd purchased a new position in shares of Via Transportation during the 4th quarter worth about $1,139,000. Finally, Claar Advisors LLC lifted its holdings in shares of Via Transportation by 25.3% during the 4th quarter. Claar Advisors LLC now owns 50,130 shares of the company's stock worth $1,454,000 after acquiring an additional 10,130 shares during the period. 74.40% of the stock is currently owned by hedge funds and other institutional investors.

Via Transportation Company Profile

Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology. Buses still follow fixed routes and schedules planned years, if not decades ago, regardless of actual demand for their service.

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