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The price of Envista Holdings Corp (NYSE: NVST) closed at $20.02 in the last session, down -1.28% from day before closing price of $20.28. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 1.19 million shares were traded. NVST stock price reached its highest trading level at $20.21 during the session, while it also had its lowest trading level at $19.84.
Ratios:
We take a closer look at NVST’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.36.
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, Leerink Partners on February 26, 2024, initiated with a Underperform rating and assigned the stock a target price of $19.
On February 09, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $30 to $23.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 16 ’23 when Conley Eric bought 2,185 shares for $22.89 per share. The transaction valued at 50,015 led to the insider holds 47,376 shares of the business.
Nance Mark E bought 5,000 shares of NVST for $108,750 on Nov 08 ’23. The General Counsel now owns 39,042 shares after completing the transaction at $21.75 per share. On Nov 06 ’23, another insider, Aghdaei Amir, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $21.53 each. As a result, the insider paid 215,253 and bolstered with 295,362 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, NVST now has a Market Capitalization of 3485221888 and an Enterprise Value of 4148033536. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.616 whereas that against EBITDA is 8.959.
Stock Price History:
Over the past 52 weeks, NVST has reached a high of $39.09, while it has fallen to a 52-week low of $18.95. The 50-Day Moving Average of the stock is -4.88%, while the 200-Day Moving Average is calculated to be -21.82%.
Shares Statistics:
According to the various share statistics, NVST traded on average about 2.41M shares per day over the past 3-months and 1755210 shares per day over the past 10 days. A total of 171.50M shares are outstanding, with a floating share count of 170.89M. Insiders hold about 0.56% of the company’s shares, while institutions hold 105.82% stake in the company. Shares short for NVST as of 1713139200 were 9369639 with a Short Ratio of 3.88, compared to 1710460800 on 8752629. Therefore, it implies a Short% of Shares Outstanding of 9369639 and a Short% of Float of 6.890000000000001.
