Market Momentum: Revvity Inc. (RVTY) Registers a -3.36 Decrease, Closing at 120.18

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Revvity Inc. (NYSE: RVTY) closed the day trading at $120.18 down -3.36% from the previous closing price of $124.36. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 0.9 million shares were traded. RVTY stock price reached its highest trading level at $124.5 during the session, while it also had its lowest trading level at $119.17.

Ratios:

For a better understanding of RVTY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.71. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.42.

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, Barclays on October 15, 2024, Upgraded its rating to Overweight and sets its target price to $140 from $125 previously.

On August 28, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $130.

On July 08, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $125.Leerink Partners initiated its Outperform rating on July 08, 2024, with a $125 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 09 ’24 when Vohra Tajinder S sold 2,154 shares for $121.73 per share. The transaction valued at 262,202 led to the insider holds 19,652 shares of the business.

Vohra Tajinder S bought 2,154 shares of RVTY for $262,199 on Oct 09 ’24. On Oct 08 ’24, another insider, Vohra Tajinder S, who serves as the Please See Remarks of the company, sold 2,154 shares for $122.59 each. As a result, the insider received 264,057 and left with 21,806 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RVTY now has a Market Capitalization of 14822640640 and an Enterprise Value of 16865563648. As of this moment, Revvity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.73, and their Forward P/E ratio for the next fiscal year is 23.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.47 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 6.227 whereas that against EBITDA is 21.583.

Stock Price History:

Over the past 52 weeks, RVTY has reached a high of $128.15, while it has fallen to a 52-week low of $79.50. The 50-Day Moving Average of the stock is -1.05%, while the 200-Day Moving Average is calculated to be 8.37%.

Shares Statistics:

Over the past 3-months, RVTY traded about 721.75K shares per day on average, while over the past 10 days, RVTY traded about 563780 shares per day. A total of 123.43M shares are outstanding, with a floating share count of 122.85M. Insiders hold about 0.39% of the company’s shares, while institutions hold 90.38% stake in the company. Shares short for RVTY as of 1727654400 were 4496491 with a Short Ratio of 6.23, compared to 1724976000 on 4647175. Therefore, it implies a Short% of Shares Outstanding of 4496491 and a Short% of Float of 4.8299997999999995.

Dividends & Splits

RVTY’s forward annual dividend rate is 0.28, up from 0.28 a year ago. Against a Trailing Annual Dividend Yield of 0.0022515277The stock’s 5-year Average Dividend Yield is 0.23.

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