Via Transportation Inc. (NYSE:VIA) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Consensus "Moderate Buy": Fourteen analysts cover Via, with 12 buys, 1 hold and 1 sell, and an average 12‑month price target of $49.00.
• Analyst views are mixed and have shifted lower recently — Guggenheim cut its target to $50, Morgan Stanley to $28, Weiss reiterated a sell, while Goldman Sachs and others still maintain buy ratings.
• Shares trade around $19.20 with a market cap of about $1.56 billion, a negative PE (~‑27.8), a 1‑year range of $15.48–$56.31, and roughly 74.4% institutional ownership, indicating significant volatility and investor interest.

Via Transportation Inc. (NYSE:VIA - Get Free Report) has been given an average recommendation of "Moderate Buy" by the fourteen analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $49.00.

VIA has been the topic of several research analyst reports. Guggenheim lowered their price objective on shares of Via Transportation from $58.00 to $50.00 and set a "buy" rating on the stock in a research report on Monday. Morgan Stanley decreased their target price on Via Transportation from $41.00 to $28.00 and set an "overweight" rating for the company in a research report on Monday. Weiss Ratings reiterated a "sell (d)" rating on shares of Via Transportation in a report on Monday, December 29th. The Goldman Sachs Group reissued a "buy" rating and issued a $28.00 price objective on shares of Via Transportation in a research note on Monday. Finally, Noble Financial cut Via Transportation to a "buy" rating in a research note on Tuesday, December 16th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE bought a new stake in Via Transportation in the third quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Via Transportation in the fourth quarter worth about $34,000. Assetmark Inc. acquired a new position in shares of Via Transportation during the 3rd quarter valued at about $36,000. Strs Ohio bought a new position in shares of Via Transportation in the 4th quarter valued at approximately $52,000. Finally, PNC Financial Services Group Inc. acquired a new stake in Via Transportation in the 3rd quarter worth approximately $60,000. 74.40% of the stock is owned by institutional investors and hedge funds.

Via Transportation Trading Down 0.2%

Shares of VIA opened at $19.20 on Friday. The business has a 50-day moving average of $22.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.98 and a quick ratio of 5.17. The stock has a market cap of $1.56 billion and a PE ratio of -27.83. Via Transportation has a 1-year low of $15.48 and a 1-year high of $56.31.

Via Transportation (NYSE:VIA - Get Free Report) last announced its earnings results on Friday, February 27th. The company reported $999.00 EPS for the quarter.

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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