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The closing price of Envista Holdings Corp (NYSE: NVST) was $21.39 for the day, up 5.01% from the previous closing price of $20.37. In other words, the price has increased by $5.01 from its previous closing price. On the day, 1.96 million shares were traded. NVST stock price reached its highest trading level at $21.45 during the session, while it also had its lowest trading level at $20.365.
Ratios:
Our analysis of NVST’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.46.
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 the company, Leerink Partners on October 31, 2024, Upgraded its rating to Market Perform and sets its target price to $23 from $16 previously.
On October 08, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $20.
JP Morgan Downgraded its Overweight to Neutral on August 08, 2024, whereas the target price for the stock was revised from $23 to $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3681154560 and an Enterprise Value of 4089312256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 1.634 whereas that against EBITDA is 13.938.
Stock Price History:
Over the past 52 weeks, NVST has reached a high of $25.64, while it has fallen to a 52-week low of $15.15. The 50-Day Moving Average of the stock is 10.05%, while the 200-Day Moving Average is calculated to be 12.46%.
Shares Statistics:
NVST traded an average of 2.18M shares per day over the past three months and 1861970 shares per day over the past ten days. A total of 171.50M shares are outstanding, with a floating share count of 170.66M. Insiders hold about 0.84% of the company’s shares, while institutions hold 113.74% stake in the company. Shares short for NVST as of 1730332800 were 12267857 with a Short Ratio of 5.62, compared to 1727654400 on 18051797. Therefore, it implies a Short% of Shares Outstanding of 12267857 and a Short% of Float of 9.0.
