Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Avanos Medical Inc (NYSE: AVNS) closed the day trading at $15.53 down -6.28% from the previous closing price of $16.57. In other words, the price has decreased by -$6.28 from its previous closing price. On the day, 0.77 million shares were traded.
Ratios:
For a better understanding of AVNS, 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 8.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.15.
On May 22, 2023, CL King started tracking the stock assigning a Buy rating and target price of $31.
Stephens Downgraded its Overweight to Equal-Weight on August 04, 2021, whereas the target price for the stock was revised from $60 to $45.
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 Mar 14 ’24 when Greiner Michael sold 8,000 shares for $19.12 per share. The transaction valued at 152,980 led to the insider holds 151,495 shares of the business.
Shimer Julie Ann bought 500 shares of AVNS for $9,925 on Mar 11 ’24. The Director now owns 50,090 shares after completing the transaction at $19.85 per share.
Valuation Measures:
As of this moment, Avanos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.04, and their Forward P/E ratio for the next fiscal year is 9.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.58.
Stock Price History:
Over the past 52 weeks, AVNS has reached a high of $25.36, while it has fallen to a 52-week low of $14.98. The 50-Day Moving Average of the stock is -6.81%, while the 200-Day Moving Average is calculated to be -23.21%.
Shares Statistics:
A total of 45.95M shares are outstanding, with a floating share count of 44.81M. Insiders hold about 2.49% of the company’s shares, while institutions hold 94.56% stake in the company.
