Revvity Inc.’s stock (RVTY) continues to rise above its goal

Currently, Revvity Inc. [RVTY] is trading at $103.49, down -4.62%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RVTY shares have gain 1.18% over the last week, with a monthly amount drifted -4.18%, 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:

Revvity Inc. [NYSE: RVTY] stock has seen the most recent analyst activity on January 16, 2024, when UBS downgraded its rating to a Neutral and also boosted its price target to $125 from $105. Previously, Evercore ISI upgraded its rating to Outperform on January 04, 2024, and elevated its price target to $125. On December 19, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $95 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Bernstein initiated its recommendation with a Outperform and recommended $133 as its price target on September 28, 2023. Raymond James started tracking with a Outperform rating for this stock on July 19, 2023, and assigned it a price target of $145.

This stock has fluctuated between a low of $79.50 and a high of $139.04 over the last 52 weeks. Revvity Inc. [NYSE: RVTY] shares were valued at $103.49 at the most recent close of the market.

Analyzing the RVTY fundamentals

Trailing Twelve Months sales for Revvity Inc. [NYSE:RVTY] were 2.75B which represents -6.11% decline. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.5.

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 101.88 points at the first support level, and at 100.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 106.57, and for the 2nd resistance point, it is at 109.64.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Revvity Inc. [NYSE:RVTY] is 2.07. Further, the Quick Ratio stands at 1.77, while the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 4.65, the price to book ratio is 1.62 and price to earnings (TTM) ratio is 18.17.

Transactions by insiders

Recent insider trading involved MICHAS ALEXIS P, Director, that happened on Feb 29 ’24 when 5000.0 shares were sold. Please, Vohra Tajinder S completed a deal on Feb 27 ’24 to sell 7918.0 shares. Meanwhile, Please Singh Prahlad R. sold 1144.0 shares on Feb 23 ’24.

Related Posts