In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Enovis Corp (NYSE: ENOV) closed at $42.49 down -1.83% from its previous closing price of $43.28. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.83 million shares were traded. ENOV stock price reached its highest trading level at $43.57 during the session, while it also had its lowest trading level at $41.71.
Ratios:
For a deeper understanding of Enovis Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.41.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENOV now has a Market Capitalization of 2374150144 and an Enterprise Value of 3800183808. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.899 whereas that against EBITDA is 12.82.
Stock Price History:
Over the past 52 weeks, ENOV has reached a high of $65.03, while it has fallen to a 52-week low of $38.27. The 50-Day Moving Average of the stock is -4.48%, while the 200-Day Moving Average is calculated to be -11.46%.
Shares Statistics:
For the past three months, ENOV has traded an average of 661.09K shares per day and 545760 over the past ten days. A total of 55.87M shares are outstanding, with a floating share count of 55.17M. Insiders hold about 1.26% of the company’s shares, while institutions hold 109.00% stake in the company. Shares short for ENOV as of 1732838400 were 4223582 with a Short Ratio of 6.39, compared to 1730332800 on 4757181. Therefore, it implies a Short% of Shares Outstanding of 4223582 and a Short% of Float of 8.649999999999999.
