Currently, there are 55.87M common shares owned by the public and among those 55.17M shares have been available to trade.
The company’s stock has a 5-day price change of 4.81% and 17.12% over the past three months. ENOV shares are trading 3.35% year to date (YTD), with the 12-month market performance down to -22.39% lower. It has a 12-month low price of $38.27 and touched a high of $65.03 over the same period. ENOV has an average intraday trading volume of 666.00K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.97%, -0.56%, and -3.20% respectively.
Institutional ownership of Enovis Corp (NYSE: ENOV) shares accounts for 109.17% of the company’s 55.87M shares outstanding.
It has a market capitalization of $2.53B and a beta (3y monthly) value of 1.77. The earnings-per-share (ttm) stands at -$2.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.35% over the week and 3.47% over the month.
Earnings per share for the fiscal year are expected to increase by 15.68%, and 13.72% over the next financial year.
Looking at the support for the ENOV, a number of firms have released research notes about the stock. JMP Securities stated their Mkt Outperform rating for the stock in a research note on October 03, 2024, with the firm’s price target at $62. JP Morgan coverage for the Enovis Corp (ENOV) stock in a research note released on June 13, 2024 offered a Neutral rating with a price target of $53. Stephens was of a view on February 13, 2024 that the stock is Overweight, while UBS gave the stock Buy rating on January 22, 2024, issuing a price target of $75. William Blair on their part issued Outperform rating on January 03, 2024.
