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The price of Envista Holdings Corp (NYSE: NVST) closed at $19.02 in the last session, down -0.37% from day before closing price of $19.09. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 2.77 million shares were traded. NVST stock price reached its highest trading level at $19.75 during the session, while it also had its lowest trading level at $18.98.
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 3.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.42. 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 this company, Wells Fargo on October 08, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $20.
On August 08, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $23 to $16.
Morgan Stanley Downgraded its Overweight to Equal-Weight on April 26, 2024, whereas the target price for the stock was revised from $33 to $21.
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 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 3282433536 and an Enterprise Value of 3876903424. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.53 whereas that against EBITDA is 11.026.
Stock Price History:
Over the past 52 weeks, NVST has reached a high of $25.64, while it has fallen to a 52-week low of $15.15. The 50-Day Moving Average of the stock is 3.08%, while the 200-Day Moving Average is calculated to be -1.87%.
Shares Statistics:
According to the various share statistics, NVST traded on average about 2.48M shares per day over the past 3-months and 1893490 shares per day over the past 10 days. 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 110.07% stake in the company. Shares short for NVST as of 1727654400 were 18051797 with a Short Ratio of 7.28, compared to 1724976000 on 15678376. Therefore, it implies a Short% of Shares Outstanding of 18051797 and a Short% of Float of 13.260000999999999.
