Envista Holdings Corp [NVST] stock is trading at $21.10, up 3.84%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NVST shares have gain 3.79% over the last week, with a monthly amount drifted -0.61%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Envista Holdings Corp [NYSE: NVST] stock has seen the most recent analyst activity on February 26, 2024, when Leerink Partners initiated its Underperform rating and assigned the stock a price target of $19. Previously, Jefferies downgraded its rating to Hold on February 09, 2024, and dropped its price target to $23. On February 08, 2024, downgrade downgraded it’s rating to Mkt Perform. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $26 on January 05, 2024. Goldman downgraded its rating to a Sell but $22 remained the price target by the analyst firm on December 11, 2023. In a note dated November 02, 2023, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $39 to $25.
Envista Holdings Corp [NVST] stock has fluctuated between $20.00 and $39.70 over the past year. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. Envista Holdings Corp [NYSE: NVST] shares were valued at $21.10 at the most recent close of the market. An investor can expect a potential return of 94.31% based on the average NVST price forecast.
Analyzing the NVST fundamentals
Envista Holdings Corp [NYSE:NVST] reported sales of 2.57B for the trailing twelve months, which represents a drop of -2.30%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.55 points at the first support level, and at 19.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.47, and for the 2nd resistance point, it is at 21.83.
Ratios To Look Out For
For context, Envista Holdings Corp’s Current Ratio is 2.23. In addition, the Quick Ratio stands at 1.90 and the Cash Ratio stands at 1.2. Considering the valuation of this stock, the price to sales ratio is 1.41, the price to book ratio is 0.87.
Transactions by insiders
Recent insider trading involved Conley Eric, SVP, Orthodontics, that happened on Nov 16 ’23 when 2185.0 shares were purchased. General Counsel, Nance Mark E completed a deal on Nov 08 ’23 to buy 5000.0 shares. Meanwhile, Chief Executive Officer Aghdaei Amir bought 10000.0 shares on Nov 06 ’23.
