A share price of Revvity Inc. [RVTY] is currently trading at $127.75, up 1.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RVTY shares have gain 4.65% over the last week, with a monthly amount glided 4.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Revvity Inc. [NYSE: RVTY] stock has seen the most recent analyst activity on August 28, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $130. Previously, Leerink Partners started tracking the stock with Outperform rating on July 08, 2024, and set its price target to $125. UBS downgraded its rating to a Neutral and increased its price target to $125 on January 16, 2024. Evercore ISI upgraded its rating to a Outperform and raised its price target to $125 on January 04, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on December 19, 2023, and assigned it a price target of $95. In a note dated December 13, 2023, Wolfe Research initiated an Peer Perform rating.
Revvity Inc. experienced fluctuations in its stock price throughout the past year between $79.50 and $128.15. Currently, Wall Street analysts expect the stock to reach $123.83 within the next 12 months. Revvity Inc. [NYSE: RVTY] shares were valued at $127.75 at the most recent close of the market. An investor can expect a potential drop of -3.07% based on the average RVTY price forecast.
Analyzing the RVTY fundamentals
Trailing Twelve Months sales for Revvity Inc. [NYSE:RVTY] were 2.71B which represents -2.45% decline. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
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 126.12 points at the first support level, and at 124.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.60, and for the 2nd resistance point, it is at 129.44.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Revvity Inc. [NYSE:RVTY] is 2.27. As well, the Quick Ratio is 1.98, while the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 5.82, the price to book ratio is 2.00 and price to earnings (TTM) ratio is 72.00.
Transactions by insiders
Recent insider trading involved MICHAS ALEXIS P, Director, that happened on Aug 15 ’24 when 850.0 shares were sold. Officer, MICHAS ALEXIS P completed a deal on Aug 15 ’24 to buy 850.0 shares. Meanwhile, Please Goldberg Joel S sold 3500.0 shares on Aug 07 ’24.
