Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Envista Holdings Corp (NYSE: NVST) closed at $18.24 down -2.04% from its previous closing price of $18.62. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 4.79 million shares were traded.
Ratios:
For a deeper understanding of Envista Holdings Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.38. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.07.
Stock Price History:
Over the past 52 weeks, NVST has reached a high of $23.00, while it has fallen to a 52-week low of $15.15. The 50-Day Moving Average of the stock is -9.55%, while the 200-Day Moving Average is calculated to be -3.35%.
Shares 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 113.01% stake in the company.
