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In the latest session, Envista Holdings Corp (NYSE: NVST) closed at $21.72 up 6.16% from its previous closing price of $20.46. In other words, the price has increased by $6.16 from its previous closing price. On the day, 1.56 million shares were traded. NVST stock price reached its highest trading level at $21.72 during the session, while it also had its lowest trading level at $20.555.
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 3.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.00. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.50.
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.
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 3609473024 and an Enterprise Value of 4095066880. As of this moment, Envista’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.30, and their Forward P/E ratio for the next fiscal year is 17.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 1.604 whereas that against EBITDA is 13.214.
Stock Price History:
The Beta on a monthly basis for NVST is 0.98, which has changed by 0.17915308 over the last 52 weeks, in comparison to a change of 0.1513431 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 8.57%, while the 200-Day Moving Average is calculated to be 13.36%.
Shares Statistics:
For the past three months, NVST has traded an average of 2.26M shares per day and 1765630 over the past ten days. A total of 166.80M shares are outstanding, with a floating share count of 162.38M. Insiders hold about 2.29% of the company’s shares, while institutions hold 117.93% stake in the company. Shares short for NVST as of 1753920000 were 9396515 with a Short Ratio of 4.16, compared to 1751241600 on 11030003. Therefore, it implies a Short% of Shares Outstanding of 9396515 and a Short% of Float of 6.3200004000000005.
Earnings Estimates
The stock of Envista Holdings Corp (NVST) is currently drawing attention from 13.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.34, with high estimates of $0.36 and low estimates of $0.32.
Analysts are recommending an EPS of between $1.14 and $1.07 for the fiscal current year, implying an average EPS of $1.11. EPS for the following year is $1.22, with 14.0 analysts recommending between $1.39 and $1.14.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $639.49M this quarter.It ranges from a high estimate of $649M to a low estimate of $614.4M. As of the current estimate, Envista Holdings Corp’s year-ago sales were $601MFor the next quarter, 12 analysts are estimating revenue of $684.56M. There is a high estimate of $693.8M for the next quarter, whereas the lowest estimate is $670.1M.
A total of 14 analysts have provided revenue estimates for NVST’s current fiscal year. The highest revenue estimate was $2.65B, while the lowest revenue estimate was $2.58B, resulting in an average revenue estimate of $2.62B. In the same quarter a year ago, actual revenue was $2.51BBased on 14 analysts’ estimates, the company’s revenue will be $2.71B in the next fiscal year. The high estimate is $2.77B and the low estimate is $2.64B.
