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After finishing at $37.86 in the prior trading day, Enovis Corp (NYSE: ENOV) closed at $36.62, down -3.28%. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 1.39 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ENOV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on October 03, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $62.
On June 13, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $53.
On February 13, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $72.Stephens initiated its Overweight rating on February 13, 2024, with a $72 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 0.80.
Stock Price History:
Over the past 52 weeks, ENOV has reached a high of $63.96, while it has fallen to a 52-week low of $37.60. The 50-Day Moving Average of the stock is -17.31%, while the 200-Day Moving Average is calculated to be -18.28%.
Shares Statistics:
A total of 56.96M shares are outstanding, with a floating share count of 56.14M. Insiders hold about 1.44% of the company’s shares, while institutions hold 111.05% stake in the company.
Earnings Estimates
The performance of Enovis Corp (ENOV) in the stock market is under the watchful eye of 11.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.72, with high estimates of $0.8 and low estimates of $0.58.
Analysts are recommending an EPS of between $3.24 and $3.0 for the fiscal current year, implying an average EPS of $3.17. EPS for the following year is $3.63, with 10.0 analysts recommending between $3.8 and $3.48.
Revenue Estimates
10 analysts predict $558.8M in revenue for the current quarter. It ranges from a high estimate of $563.15M to a low estimate of $556.3M. As of the current estimate, Enovis Corp’s year-ago sales were $516.27MFor the next quarter, 10 analysts are estimating revenue of $548.47M. There is a high estimate of $562.8M for the next quarter, whereas the lowest estimate is $542M.
A total of 11 analysts have provided revenue estimates for ENOV’s current fiscal year. The highest revenue estimate was $2.25B, while the lowest revenue estimate was $2.2B, resulting in an average revenue estimate of $2.22B. In the same quarter a year ago, actual revenue was $2.11BBased on 10 analysts’ estimates, the company’s revenue will be $2.35B in the next fiscal year. The high estimate is $2.38B and the low estimate is $2.33B.
