Envista Holdings Corporation [NVST] is following downward trend in the market concluded with the last trading session. The shares of the Healthcare sector company has a current value of $31.49 after NVST shares went down by -3.32% during the last trading session. One of the reasons why Healthcare stocks may go bearish is decreased momentum in the press.
Envista Holdings Corporation [NYSE:NVST]: Analyst Rating and Earnings
Its stock price has been found in the range of 25.65 to 32.95. This is compared to its latest closing price of $32.57.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Thu 30 Jan (In 16 Days).
Fundamental Analysis of Envista Holdings Corporation [NVST]
Now let’s turn to look at profitability: with a current Operating Margin for Envista Holdings Corporation [NVST] sitting at +11.32 and its Gross Margin at +56.59.
This company’s Return on Total Capital is 6.56, and its Return on Invested Capital has reached 4.70%. Its Return on Equity is 4.70, and its Return on Assets is 3.90. These metrics suggest that this Envista Holdings Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
What about valuation? This company’s Enterprise Value to EBITDA is
Shifting the focus to workforce efficiency, Envista Holdings Corporation [NVST] earns $222,227 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.16 and its Total Asset Turnover is 0.48. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.79 and its Current Ratio is 1.23. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Envista Holdings Corporation [NVST] has 156.45M shares outstanding, amounting to a total market cap of $4.93B. Its stock price has been found in the range of 25.65 to 32.95. At its current price, it has moved down by -4.43% from its 52-week high, and it has moved up 22.77% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 62.47. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Envista Holdings Corporation [NVST] a Reliable Buy?
Shares of Envista Holdings Corporation [NVST], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.