Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Enovis Corp (NYSE: ENOV) closed the day trading at $31.16 down -1.02% from the previous closing price of $31.48. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 0.89 million shares were traded. ENOV stock price reached its highest trading level at $31.67 during the session, while it also had its lowest trading level at $30.61.
Ratios:
For a better understanding of ENOV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.53.
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 1779485312 and an Enterprise Value of 3133181696. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 1.487 whereas that against EBITDA is 9.242.
Stock Price History:
The Beta on a monthly basis for ENOV is 1.62, which has changed by -0.4362222 over the last 52 weeks, in comparison to a change of 0.05279863 over the same period for the S&P500. Over the past 52 weeks, ENOV has reached a high of $57.08, while it has fallen to a 52-week low of $29.32. The 50-Day Moving Average of the stock is -19.21%, while the 200-Day Moving Average is calculated to be -27.58%.
Shares Statistics:
Over the past 3-months, ENOV traded about 853.73K shares per day on average, while over the past 10 days, ENOV traded about 1157260 shares per day. A total of 57.11M shares are outstanding, with a floating share count of 56.11M. Insiders hold about 1.75% of the company’s shares, while institutions hold 110.71% stake in the company. Shares short for ENOV as of 1743379200 were 5683118 with a Short Ratio of 6.66, compared to 1740700800 on 5550363. Therefore, it implies a Short% of Shares Outstanding of 5683118 and a Short% of Float of 11.3900006.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
