At the time of writing, Envista Holdings Corp [NVST] stock is trading at $21.79, up 5.93%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NVST shares have gain 1.77% over the last week, with a monthly amount glided 11.06%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Envista Holdings Corp fluctuated between $15.15 and $24.79. Currently, Wall Street analysts expect the stock to reach $20.67 within the next 12 months. Envista Holdings Corp [NYSE: NVST] shares were valued at $21.79 at the most recent close of the market. An investor can expect a potential drop of -5.14% based on the average NVST price forecast.
Analyzing the NVST fundamentals
According to Envista Holdings Corp [NYSE:NVST], the company’s sales were 2.51B for trailing twelve months, which represents an 1.13% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.43%, and Net Profit Margin reading is -0.45%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.34 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 0.53.
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 21.01 points at the first support level, and at 20.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.63, and for the 2nd resistance point, it is at 23.46.
Ratios To Look Out For
It is important to note that Envista Holdings Corp [NYSE:NVST] has a current ratio of 2.04. In addition, the Quick Ratio stands at 1.76 and the Cash Ratio stands at 1.22. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 1.28.
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.
