Revvity Inc [RVTY] stock prices are down -2.04% to $117.84 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The RVTY shares have gain 2.45% over the last week, with a monthly amount drifted -3.78%, and not 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 October 15, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $140 from $125. Previously, Wells Fargo started tracking the stock with Equal Weight rating on August 28, 2024, and set its price target to $130. On July 08, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $125 on the stock. UBS downgraded its rating to a Neutral and raised its price target to $125 on January 16, 2024. Evercore ISI upgraded its rating to Outperform for this stock on January 04, 2024, and upped its price target to $125. In a note dated December 19, 2023, Wells Fargo initiated an Equal Weight rating and provided a target price of $95 on this stock.
The stock price of Revvity Inc [RVTY] has been fluctuating between $88.90 and $129.50 over the past year. Currently, Wall Street analysts expect the stock to reach $127.86 within the next 12 months. Revvity Inc [NYSE: RVTY] shares were valued at $117.84 at the most recent close of the market. An investor can expect a potential return of 8.5% based on the average RVTY price forecast.
Analyzing the RVTY fundamentals
The Revvity Inc [NYSE:RVTY] reported sales of 2.72B for trailing twelve months, representing a surge of 1.98%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.03. 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 116.67 points at the first support level, and at 115.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.91, and for the 2nd resistance point, it is at 121.98.
Ratios To Look Out For
It’s worth pointing out that Revvity Inc [NYSE:RVTY]’s Current Ratio is 3.56. On the other hand, the Quick Ratio is 2.97, and the Cash Ratio is 1.79. Considering the valuation of this stock, the price to sales ratio is 5.27, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 47.88.
Transactions by insiders
Recent insider trading involved Singh Prahlad R., Please, that happened on Dec 02 ’24 when 18365.0 shares were sold. Officer, Singh Prahlad R. completed a deal on Dec 02 ’24 to buy 18365.0 shares. Meanwhile, Please Vohra Tajinder S sold 2154.0 shares on Oct 09 ’24.
