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The closing price of Envista Holdings Corp (NYSE: NVST) was $18.68 for the day, down -0.37% from the previous closing price of $18.75. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 1.19 million shares were traded.
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 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.46.
On December 04, 2024, Mizuho started tracking the stock assigning a Underperform rating and target price of $20. Leerink Partners Upgraded its Underperform to Market Perform on October 31, 2024, whereas the target price for the stock was revised from $16 to $23.
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.
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 $14.22. The 50-Day Moving Average of the stock is 10.67%, while the 200-Day Moving Average is calculated to be -0.65%.
Shares Statistics:
A total of 171.50M shares are outstanding, with a floating share count of 165.43M. Insiders hold about 2.39% of the company’s shares, while institutions hold 114.04% stake in the company.
Earnings Estimates
The market rating of Envista Holdings Corp (NVST) is currently shaped by the ongoing analysis conducted by 12.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.25, with high estimates of $0.31 and low estimates of $0.21.
Analysts are recommending an EPS of between $1.21 and $0.95 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $1.19, with 14.0 analysts recommending between $1.8 and $1.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $651.7M to a low estimate of $623.4M. As of the current estimate, Envista Holdings Corp’s year-ago sales were $633.1MFor the next quarter, 11 analysts are estimating revenue of $623.04M. There is a high estimate of $641.6M for the next quarter, whereas the lowest estimate is $602.8M.
A total of 14 analysts have provided revenue estimates for NVST’s current fiscal year. The highest revenue estimate was $2.6B, while the lowest revenue estimate was $2.5B, resulting in an average revenue estimate of $2.55B. In the same quarter a year ago, actual revenue was $2.51BBased on 14 analysts’ estimates, the company’s revenue will be $2.63B in the next fiscal year. The high estimate is $2.71B and the low estimate is $2.56B.
