We Analyzed the Future Direction of Envista Holdings Corporation (NVST), Here is What We Found – News Heater
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We Analyzed the Future Direction of Envista Holdings Corporation (NVST), Here is What We Found

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Envista Holdings Corporation (NYSE:NVST) went down by -1.56% from its latest closing price compared to the recent 1-year high of $46.52. The company’s stock price has collected -5.16% of loss in the last five trading sessions. Press Release reported on 10/11/21 that Envista Schedules Third Quarter 2021 Earnings Call

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 22.08 x from its present earnings ratio. Opinions of the stock are interesting as 7 analysts out of 11 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.”


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The average price from analysts is $50.90, which is $14.62 above the current price. NVST currently public float of 160.91M and currently shorts hold a 7.34% ratio of that float. Today, the average trading volume of NVST was 1.61M shares.

NVST’s Market Performance

NVST stocks went down by -5.16% for the week, with a monthly drop of -11.81% and a quarterly performance of -8.42%, while its annual performance rate touched 48.88%. The volatility ratio for the week stands at 2.10% while the volatility levels for the past 30 days are set at 2.82% for Envista Holdings Corporation. The simple moving average for the period of the last 20 days is -8.10% for NVST stocks with a simple moving average of -6.54% 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 $55 based on the research report published on August 05th of the current year 2021.

Credit Suisse, on the other hand, stated in their research note that they expect to see NVST reach a price target of $41, previously predicting the price at $31. The rating they have provided for NVST stocks is “Outperform” according to the report published on January 08th, 2021.

Piper Sandler gave a rating of “Neutral” to NVST, setting the target price at $20 in the report published on June 16th of the previous year.

NVST Trading at -8.15% 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 -17.50% of loss for the given period.

Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares sank -12.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.33% lower at present.

During the last 5 trading sessions, NVST fell by -5.16%, which changed the moving average for the period of 200-days by +16.87% in comparison to the 20-day moving average, which settled at $41.50. In addition, Envista Holdings Corporation saw 13.79% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NVST starting from Nance Mark E, who sale 4,321 shares at the price of $44.01 back on Sep 14. After this action, Nance Mark E now owns 27,882 shares of Envista Holdings Corporation, valued at $190,150 using the latest closing price.

Nance Mark E, the General Counsel of Envista Holdings Corporation, sale 980 shares at $43.99 during a trade that took place back on Sep 02, which means that Nance Mark E is holding 27,882 shares at $43,112 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 8.20, with 4.70 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.

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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.

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