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After finishing at $15.62 in the prior trading day, Envista Holdings Corp (NYSE: NVST) closed at $15.14, down -3.07%. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 1.8 million shares were traded. NVST stock price reached its highest trading level at $15.64 during the session, while it also had its lowest trading level at $15.05.
Ratios:
Our goal is to gain a better understanding of NVST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, Mizuho on December 04, 2024, initiated with a Underperform rating and assigned the stock a target price of $20.
On October 31, 2024, Leerink Partners Upgraded its rating to Market Perform which previously was Underperform and also upped its target price recommendation from $16 to $23.
On October 08, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $20.Wells Fargo initiated its Equal Weight rating on October 08, 2024, with a $20 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 13 ’24 when Keel Paul A bought 30,000 shares for $16.87 per share. The transaction valued at 506,100 led to the insider holds 402,605 shares of the business.
Hammes Eric D. bought 24,532 shares of NVST for $400,608 on Aug 12 ’24. The Chief Financial Officer now owns 24,532 shares after completing the transaction at $16.33 per share. On Aug 06 ’24, another insider, Conley Eric, who serves as the Former Officer of the company, bought 12,798 shares for $16.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVST now has a Market Capitalization of 2606926336 and an Enterprise Value of 3085527296. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.229 whereas that against EBITDA is 11.039.
Stock Price History:
The Beta on a monthly basis for NVST is 0.99, which has changed by -0.2271567 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, NVST has reached a high of $23.00, while it has fallen to a 52-week low of $14.22. The 50-Day Moving Average of the stock is -17.63%, while the 200-Day Moving Average is calculated to be -18.99%.
Shares Statistics:
The stock has traded on average 2.97M shares per day over the past 3-months and 3604610 shares per day over the last 10 days, according to various share statistics. A total of 172.20M shares are outstanding, with a floating share count of 169.25M. Insiders hold about 1.70% of the company’s shares, while institutions hold 112.68% stake in the company. Shares short for NVST as of 1743379200 were 9573772 with a Short Ratio of 3.23, compared to 1740700800 on 8543186. Therefore, it implies a Short% of Shares Outstanding of 9573772 and a Short% of Float of 7.0199996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
