The share price of Envista Holdings Corporation [NYSE: NVST] inclined by $27.62, presently trading at $27.77. The company’s shares saw 8.27% gains compared to the lowest price in the period of the last 52 weeks, set at $25.65 recorded on Dec 3, 2019. The last few days have been benevolent to the share price as NVST fall by -1.60% during the last week, even though the stock is still down by -2.98% compared to -0.19 of all time high it touched on 12/02/19. However, the stock had a N/A performance during the past 3 months, roughly losing -5.83%, while additionally N/A during the last 12 months. Envista Holdings Corporation is said to have a 12-month price target set at $32.56. That means that the stock has a strong potential to acquire 4.79% increase from the current trading price.
Envista Holdings Corporation [NYSE:NVST]: Analyst Rating and Earnings
Its stock price has been found in the range of 25.65 to 30.80. This is compared to its latest closing price of $27.62.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Thu 24 Oct (40 days ago).
Fundamental Analysis of Envista Holdings Corporation [NVST]
Now let’s turn to look at profitability: with a current Operating Margin for Envista Holdings Corporation [NVST] sitting at +11.32 and its Gross Margin at +56.59.
This company’s Return on Total Capital is 6.56, and its Return on Invested Capital has reached 4.70%. Its Return on Equity is 4.70, and its Return on
Assets is 3.90. These metrics suggest that this Envista Holdings Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
What about valuation? This company’s Enterprise Value to EBITDA is 9.87. The Enterprise Value to Sales for this firm is now 1.60.
Shifting the focus to workforce efficiency, Envista Holdings Corporation [NVST] earns $222,227 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.16 and its Total Asset Turnover is 0.48. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.79 and its Current Ratio is 1.23. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Envista Holdings Corporation [NVST] has 159.56M shares outstanding, amounting to a total market cap of $4.41B. Its stock price has been found in the range of 25.65 to 30.80. At its current price, it has moved down by -9.84% from its 52-week high, and it has moved up 8.27% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 46.06. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Envista Holdings Corporation [NVST] a Reliable Buy?
Shares of Envista Holdings Corporation [NVST], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.