The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Envista Holdings Corp (NYSE: NVST) closed at $18.89 down -5.36% from its previous closing price of $19.96. In other words, the price has decreased by -$5.36 from its previous closing price. On the day, 7.92 million shares were traded. NVST stock price reached its highest trading level at $19.63 during the session, while it also had its lowest trading level at $18.78.
Ratios:
For a deeper understanding of Envista Holdings Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.46.
On December 04, 2024, Mizuho started tracking the stock assigning a Underperform rating and target price of $20.
Leerink Partners Upgraded its Underperform to Market Perform on October 31, 2024, whereas the target price for the stock was revised from $16 to $23.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3201609472 and an Enterprise Value of 3684809728. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 1.472 whereas that against EBITDA is 13.668.
Stock Price History:
The Beta on a monthly basis for NVST is 1.01, which has changed by 0.13385355 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, NVST has reached a high of $23.00, while it has fallen to a 52-week low of $14.22. The 50-Day Moving Average of the stock is -1.83%, while the 200-Day Moving Average is calculated to be -0.70%.
Shares Statistics:
For the past three months, NVST has traded an average of 2.27M shares per day and 2830550 over the past ten days. A total of 171.50M shares are outstanding, with a floating share count of 165.80M. Insiders hold about 2.18% of the company’s shares, while institutions hold 114.82% stake in the company. Shares short for NVST as of 1752537600 were 10991379 with a Short Ratio of 4.85, compared to 1749772800 on 10165707. Therefore, it implies a Short% of Shares Outstanding of 10991379 and a Short% of Float of 7.23.
