Envista Holdings Corp [NVST] stock prices are up 2.06% to $19.34 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NVST shares have gain 6.26% over the last week, with a monthly amount drifted -12.80%, 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 December 04, 2024, when Mizuho initiated its Underperform rating and assigned the stock a price target of $20. Previously, Leerink Partners upgraded its rating to Market Perform on October 31, 2024, and elevated its price target to $23. On October 08, 2024, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $20 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $16 on August 08, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $21 on April 26, 2024. Leerink Partners started tracking with a Underperform rating for this stock on February 26, 2024, and assigned it a price target of $19. In a note dated February 09, 2024, Jefferies downgraded an Hold rating on this stock and revised its target price from $30 to $23.
The stock price of Envista Holdings Corp [NVST] has been fluctuating between $15.15 and $25.64 over the past year. Currently, Wall Street analysts expect the stock to reach $20.29 within the next 12 months. Envista Holdings Corp [NYSE: NVST] shares were valued at $19.34 at the most recent close of the market. An investor can expect a potential return of 4.91% based on the average NVST price forecast.
Analyzing the NVST fundamentals
The Envista Holdings Corp [NYSE:NVST] reported sales of 2.50B for trailing twelve months, representing a drop of -4.80%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.37 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.
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 18.97 points at the first support level, and at 18.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.55, and for the 2nd resistance point, it is at 19.76.
Ratios To Look Out For
It’s worth pointing out that Envista Holdings Corp [NYSE:NVST]’s Current Ratio is 2.08. As well, the Quick Ratio is 1.77, while the Cash Ratio is 1.15. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.08.
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.
