Envista Holdings Corporation (NYSE:NVST) went up by 1.04% from its latest closing price compared to the recent 1-year high of $46.52. The company’s stock price has collected 3.66% of gains in the last five trading sessions. Press Release reported on 06/02/21 that Envista Announces Release of Inaugural Sustainability Report
Is It Worth Investing in Envista Holdings Corporation (NYSE :NVST) Right Now?
Envista Holdings Corporation (NYSE:NVST) scored a price-to-earnings ratio above its average ratio, recording 67.39 x from its present earnings ratio. Opinions of the stock are interesting as 8 analysts out of 12 who provided ratings for Envista Holdings Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $50.55, which is $7.0 above the current price. NVST currently public float of 160.41M and currently shorts hold a 6.07% ratio of that float. Today, the average trading volume of NVST was 2.37M shares.
NVST’s Market Performance
NVST stocks went up by 3.66% for the week, with a monthly drop of -3.48% and a quarterly performance of 8.19%, while its annual performance rate touched 104.31%. The volatility ratio for the week stands at 2.06% while the volatility levels for the past 30 days are set at 2.23% for Envista Holdings Corporation. The simple moving average for the period of the last 20 days is 0.12% for NVST stocks with a simple moving average of 26.14% for the last 200 days.
Analysts’ Opinion of NVST
Many brokerage firms have already submitted their reports for NVST stocks, with Credit Suisse repeating the rating for NVST by listing it as a “Outperform.” The predicted price for NVST in the upcoming period, according to Credit Suisse is $41 based on the research report published on January 08th of the current year 2021.
Piper Sandler, on the other hand, stated in their research note that they expect to see NVST reach a price target of $20. The rating they have provided for NVST stocks is “Neutral” according to the report published on June 16th, 2020.
Evercore ISI gave a rating of “Outperform” to NVST, setting the target price at $35 in the report published on December 17th of the previous year.
NVST Trading at 0.88% from the 50-Day Moving Average
After a stumble in the market that brought NVST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.28% of loss for the given period.
Volatility was left at 2.23%, however, over the last 30 days, the volatility rate increased by 2.06%, as shares sank -0.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.71% upper at present.
During the last 5 trading sessions, NVST rose by +3.66%, which changed the moving average for the period of 200-days by +87.29% in comparison to the 20-day moving average, which settled at $43.53. In addition, Envista Holdings Corporation saw 29.26% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NVST starting from Bludworth Curt W, who sale 9,207 shares at the price of $42.36 back on Jun 07. After this action, Bludworth Curt W now owns 63,558 shares of Envista Holdings Corporation, valued at $390,009 using the latest closing price.
Yu Howard H, the Chief Financial Officer of Envista Holdings Corporation, sale 35,021 shares at $45.17 during a trade that took place back on May 07, which means that Yu Howard H is holding 59,887 shares at $1,581,899 based on the most recent closing price.
Stock Fundamentals for NVST
Current profitability levels for the company are sitting at:
- +9.41 for the present operating margin
- +53.11 for the gross margin
The net margin for Envista Holdings Corporation stands at +1.46. The total capital return value is set at 3.98, while invested capital returns managed to touch 0.68. Equity return is now at value 3.40, with 1.80 for asset returns.
Based on Envista Holdings Corporation (NVST), the company’s capital structure generated 53.24 points at debt to equity in total, while total debt to capital is 34.74. Total debt to assets is 28.81, with long-term debt to equity ratio resting at 28.53. Finally, the long-term debt to capital ratio is 18.62.
When we switch over and look at the enterprise to sales, we see a ratio of 2.90, with the company’s debt to enterprise value settled at 0.30. The receivables turnover for the company is 5.67 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.