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After finishing at $18.84 in the prior trading day, Envista Holdings Corp (NYSE: NVST) closed at $18.64, down -1.06%. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 1.27 million shares were traded. NVST stock price reached its highest trading level at $18.845 during the session, while it also had its lowest trading level at $18.33.
Ratios:
Our goal is to gain a better understanding of NVST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.50.
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, JP Morgan on August 08, 2024, Downgraded its rating to Neutral and sets its target price to $16 from $23 previously.
On April 26, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $33 to $21.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Underperform rating and target price of $19.Leerink Partners initiated its Underperform rating on February 26, 2024, with a $19 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 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.
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 3205073408 and an Enterprise Value of 3811564032. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.504 whereas that against EBITDA is 10.841.
Stock Price History:
Over the past 52 weeks, NVST has reached a high of $28.67, while it has fallen to a 52-week low of $15.15. The 50-Day Moving Average of the stock is 6.54%, while the 200-Day Moving Average is calculated to be -6.61%.
Shares Statistics:
The stock has traded on average 2.77M shares per day over the past 3-months and 2422200 shares per day over the last 10 days, according to various share statistics. A total of 171.50M shares are outstanding, with a floating share count of 170.44M. Insiders hold about 0.87% of the company’s shares, while institutions hold 111.54% stake in the company. Shares short for NVST as of 1724976000 were 15678376 with a Short Ratio of 5.88, compared to 1722384000 on 11168943. Therefore, it implies a Short% of Shares Outstanding of 15678376 and a Short% of Float of 11.5200005.
