A share price of Revvity Inc [RVTY] is currently trading at $116.42, down -0.15%. 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 4.31% over the last week, with a monthly amount drifted -0.03%, 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 December 13, 2024, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $138 for it. Previously, Barclays upgraded its rating to Overweight on October 15, 2024, and elevated its price target to $140. On August 28, 2024, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $130 on the stock. Leerink Partners started tracking the stock assigning a Outperform rating and suggested a price target of $125 on July 08, 2024. UBS downgraded its rating to Neutral for this stock on January 16, 2024, and upped its price target to $125. In a note dated January 04, 2024, Evercore ISI upgraded an Outperform rating on this stock and boosted its target price from $88 to $125.
Revvity Inc experienced fluctuations in its stock price throughout the past year between $97.32 and $129.50. Currently, Wall Street analysts expect the stock to reach $127.86 within the next 12 months. Revvity Inc [NYSE: RVTY] shares were valued at $116.42 at the most recent close of the market. An investor can expect a potential return of 9.83% based on the average RVTY price forecast.
Analyzing the RVTY fundamentals
Trailing Twelve Months sales for Revvity Inc [NYSE:RVTY] were 2.72B which represents 1.98% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
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 114.34 points at the first support level, and at 112.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.74, and for the 2nd resistance point, it is at 119.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Revvity Inc [NYSE:RVTY] is 3.56. Further, the Quick Ratio stands at 2.97, while the Cash Ratio is 1.79. Considering the valuation of this stock, the price to sales ratio is 5.21, the price to book ratio is 1.79 and price to earnings (TTM) ratio is 47.30.
Transactions by insiders
Recent insider trading involved Vohra Tajinder S, Please, that happened on Jan 07 ’25 when 5492.0 shares were sold. Officer, Vohra Tajinder S completed a deal on Jan 07 ’25 to buy 5492.0 shares. Meanwhile, Please Singh Prahlad R. sold 18365.0 shares on Dec 02 ’24.
