Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Envista Holdings Corp (NYSE: NVST) closed the day trading at $16.74 down -2.28% from the previous closing price of $17.13. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 2.5 million shares were traded. NVST stock price reached its highest trading level at $17.66 during the session, while it also had its lowest trading level at $16.71.
Ratios:
For a better understanding of NVST, 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 2.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, Mizuho on December 04, 2024, initiated with a Underperform rating and assigned the stock a target price of $20.
On October 31, 2024, Leerink Partners Upgraded its rating to Market Perform which previously was Underperform and also upped its target price recommendation from $16 to $23.
On October 08, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $20.Wells Fargo initiated its Equal Weight rating on October 08, 2024, with a $20 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 2882427136 and an Enterprise Value of 3428181504. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.365 whereas that against EBITDA is 12.265.
Stock Price History:
The Beta on a monthly basis for NVST is 1.13, which has changed by -0.22678983 over the last 52 weeks, in comparison to a change of 0.087141395 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 $15.15. The 50-Day Moving Average of the stock is -16.47%, while the 200-Day Moving Average is calculated to be -11.17%.
Shares Statistics:
Over the past 3-months, NVST traded about 2.29M shares per day on average, while over the past 10 days, NVST traded about 3051770 shares per day. A total of 172.20M shares are outstanding, with a floating share count of 169.25M. Insiders hold about 1.70% of the company’s shares, while institutions hold 112.86% stake in the company. Shares short for NVST as of 1740700800 were 8543186 with a Short Ratio of 3.73, compared to 1738281600 on 10237081. Therefore, it implies a Short% of Shares Outstanding of 8543186 and a Short% of Float of 6.260000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
