Envista Holdings Corp (NVST) concluded trading on Wednesday at a closing price of $16.29, with 3.24 million shares of worth about $52.74 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.66% during that period and on July 24, 2024 the price saw a gain of about 0.25%. Currently the company’s common shares owned by public are about 171.50M shares, out of which, 170.47M shares are available for trading.
Stock saw a price change of -5.18% in past 5 days and over the past one month there was a price change of -3.78%. Year-to-date (YTD), NVST shares are showing a performance of -32.29% which decreased to -54.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.69 but also hit the highest price of $36.14 during that period. The average intraday trading volume for Envista Holdings Corp shares is 2.43 million. The stock is currently trading -0.49% below its 20-day simple moving average (SMA20), while that difference is down -6.89% for SMA50 and it goes to -23.50% lower than SMA200.
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Envista Holdings Corp (NYSE: NVST) currently have 171.50M outstanding shares and institutions hold larger chunk of about 111.59% of that.
The stock has a current market capitalization of $2.80B and its 3Y-monthly beta is at 1.31. It has posted earnings per share of -$0.71 in the same period. It has Quick Ratio of 1.93 while making debt-to-equity ratio of 0.40. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NVST, volatility over the week remained 3.57% while standing at 3.79% over the month.
Stock’s fiscal year EPS is expected to drop by -22.70% while it is estimated to increase by 13.96% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on April 26, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $33 and $21 to it. Coverage by Leerink Partners stated Envista Holdings Corp (NVST) stock as an Underperform in their note to investors on February 26, 2024, suggesting a price target of $19 for the stock. Stock get a Neutral rating from UBS on January 05, 2024.
