At the time of writing, Avanos Medical Inc [AVNS] stock is trading at $15.23, down -0.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The AVNS shares have gain 0.13% over the last week, with a monthly amount drifted -12.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Avanos Medical Inc [NYSE: AVNS] stock has seen the most recent analyst activity on July 25, 2023, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, CL King started tracking the stock with Buy rating on May 22, 2023, and set its price target to $31. On August 04, 2021, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $45 on the stock. Barclays upgraded its rating to a Equal Weight but stick to its price target of $30 on April 13, 2020. Stifel downgraded its rating to a Hold and reduced its price target to $35 on November 07, 2019. Raymond James downgraded its rating to Mkt Perform for this stock on November 06, 2019. In a note dated October 16, 2018, Barclays initiated an Equal Weight rating and provided a target price of $69 on this stock.
For the past year, the stock price of Avanos Medical Inc fluctuated between $14.40 and $25.36. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Avanos Medical Inc [NYSE: AVNS] shares were valued at $15.23 at the most recent close of the market. An investor can expect a potential return of 31.32% based on the average AVNS price forecast.
Analyzing the AVNS fundamentals
According to Avanos Medical Inc [NYSE:AVNS], the company’s sales were 687.80M for trailing twelve months, which represents an 3.64% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.56%, Pretax Profit Margin comes in at -0.59%, and Net Profit Margin reading is -0.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.35 and Total Capital is -0.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 15.06 points at the first support level, and at 14.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.39, and for the 2nd resistance point, it is at 15.54.
Ratios To Look Out For
It is important to note that Avanos Medical Inc [NYSE:AVNS] has a current ratio of 2.37. On the other hand, the Quick Ratio is 1.53, and the Cash Ratio is 0.65. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 0.57.
Transactions by insiders
Recent insider trading involved Holbrook Kerr, Officer, that happened on Mar 06 ’25 when 7000.0 shares were purchased. SVP – Chief Financial Officer, Greiner Michael completed a deal on Mar 14 ’24 to sell 8000.0 shares. Meanwhile, Director Shimer Julie Ann bought 500.0 shares on Mar 11 ’24.
