Envista Holdings Corp [NVST] stock is trading at $18.57, down -1.64%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NVST shares have gain 4.09% over the last week, with a monthly amount drifted -2.26%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Envista Holdings Corp [NYSE: NVST] stock has seen the most recent analyst activity on October 08, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $20. Previously, JP Morgan downgraded its rating to Neutral on August 08, 2024, and dropped its price target to $16. On April 26, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $21 on the stock. Leerink Partners started tracking the stock assigning a Underperform rating and suggested a price target of $19 on February 26, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $23 on February 09, 2024. William Blair downgraded its rating to Mkt Perform for this stock on February 08, 2024. In a note dated January 05, 2024, UBS initiated an Neutral rating and provided a target price of $26 on this stock.
Envista Holdings Corp [NVST] stock has fluctuated between $15.15 and $25.64 over the past year. Currently, Wall Street analysts expect the stock to reach $23.25 within the next 12 months. Envista Holdings Corp [NYSE: NVST] shares were valued at $18.57 at the most recent close of the market. An investor can expect a potential return of 25.2% based on the average NVST price forecast.
Analyzing the NVST fundamentals
Envista Holdings Corp [NYSE:NVST] reported sales of 2.53B for the trailing twelve months, which represents a drop of -4.42%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.52%, and Net Profit Margin reading is -0.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.34 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
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 18.41 points at the first support level, and at 18.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.86, and for the 2nd resistance point, it is at 19.16.
Ratios To Look Out For
For context, Envista Holdings Corp’s Current Ratio is 2.22. Also, the Quick Ratio is 1.90, while the Cash Ratio stands at 1.26. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 1.07.
Transactions by insiders
Recent insider trading involved Keel Paul A, Chief Executive Officer, that happened on Aug 13 ’24 when 30000.0 shares were purchased. Chief Financial Officer, Hammes Eric D. completed a deal on Aug 12 ’24 to buy 24532.0 shares. Meanwhile, Former Officer Conley Eric bought 12798.0 shares on Aug 06 ’24.
