Better Times Ahead For Envista Holdings Corp (NYSE: NVST)?

Envista Holdings Corp (NVST) concluded trading on Wednesday at a closing price of $17.51, with 4.2 million shares of worth about $73.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.39% during that period and on April 03, 2025 the price saw a gain of about 2.40%. Currently the company’s common shares owned by public are about 172.20M shares, out of which, 169.25M shares are available for trading.

Stock saw a price change of -0.34% in past 5 days and over the past one month there was a price change of -5.96%. Year-to-date (YTD), NVST shares are showing a performance of -9.23% which decreased to -15.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.15 but also hit the highest price of $23.00 during that period. The average intraday trading volume for Envista Holdings Corp shares is 2.70 million. The stock is currently trading 1.65% above its 20-day simple moving average (SMA20), while that difference is down -9.72% for SMA50 and it goes to -6.62% lower than SMA200.

Envista Holdings Corp (NYSE: NVST) currently have 172.20M outstanding shares and institutions hold larger chunk of about 112.88% of that.

The stock has a current market capitalization of $3.02B and its 3Y-monthly beta is at 0.97. It has posted earnings per share of -$6.50 in the same period. It has Quick Ratio of 1.76 while making debt-to-equity ratio of 0.53. 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 5.16% while standing at 4.35% over the month.

Stock’s fiscal year EPS is expected to rise by 36.34% while it is estimated to increase by 16.61% 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 Mizuho on December 04, 2024 offering an Underperform rating for the stock and assigned a target price of $20 to it. Coverage by Leerink Partners stated Envista Holdings Corp (NVST) stock as a Market perform in their note to investors on October 31, 2024, suggesting a price target of $23 for the stock. On October 08, 2024, Wells Fargo Initiated their recommendations, while on August 08, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $16. Stock get an Equal-weight rating from Morgan Stanley on April 26, 2024.

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