Envista (NVST) Stock Price, News & Analysis

Company Overview

Envista Holdings Corporation, together with its subsidiaries, develops, manufactures, markets, and sells dental products in the United States, China, and internationally. The company operates in two segments, Specialty Products & Technologies, and Equipment & Consumables. The Specialty Products & Technologies segment offers dental implant systems, guided surgery systems, biomaterials, and prefabricated and custom-built prosthetics to oral surgeons, prosthodontists and periodontists, and general dentist; and brackets and wires, tubes and bands, archwires, clear aligners, digital orthodontic treatments, retainers, and other orthodontic laboratory products. This segment also provides software packages, which include DTX Studio Implant; DTX Studio Lab; and DTX Studio Clinic, a software package offered with its imaging products. It offers its products under the Nobel Biocare, Alpha-Bio Tec, Implant Direct, Nobel Procera, Ormco, Spark, Orascoptic, Damon, Insignia, AOA brands. The Equipment & Consumables segment provides dental equipment and supplies, including digital imaging systems, software, and other visualization/magnification systems; endodontic systems and related products; restorative materials, rotary burs, impression materials, bonding agents, and cements; and infection prevention products. This segment offers its products under the Dexis, DTX Studio, Kerr, Metrex, Total Care, Pentron, Optibond, Harmonize, Sonicfill, Sybron Endo, and CaviWipes to dental offices, clinics, and hospitals. Envista Holdings Corporation was incorporated in 2018 and is headquartered in Brea, California.

Key Stats

• Today's Range: $19.94 to $20.41
• 50-Day Range: $17.70 to $21.89
• 52-Week Range: $15.15 to $25.64
• Volume: 878,429 shs
• Average Volume: 2.42 million shs
• Market Capitalization: $3.51 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $20.71
• Consensus Rating: Hold

Envista Stock Analysis - MarketRank™

Envista scored higher than 73% of companies evaluated by MarketBeat, and ranked 279th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Envista has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 11 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Envista has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 55.56%

Earnings Growth

Earnings for Envista are expected to grow by 55.56% in the coming year, from $0.72 to $1.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Envista is -2.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Envista is -2.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Envista has a PEG Ratio of 2.82. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Envista has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.13% of the outstanding shares of Envista have been sold short.

Short Interest Ratio / Days to Cover

Envista has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Envista has recently decreased by 20.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Envista does not currently pay a dividend.

Dividend Growth

Envista does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -0.92

Percentage of Shares Shorted

7.13% of the outstanding shares of Envista have been sold short.

Short Interest Ratio / Days to Cover

Envista has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Envista has recently decreased by 20.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.89

News Sentiment

Envista has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Envista this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for NVST on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Envista to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Envista insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.30% of the stock of Envista is held by insiders.

NVST Stock Analysis - Frequently Asked Questions

How have NVST shares performed this year?

Envista's stock was trading at $24.06 at the beginning of the year. Since then, NVST shares have decreased by 15.3% and is now trading at $20.37.
View the best growth stocks for 2024 here.

How were Envista's earnings last quarter?

Envista Holdings Co. (NYSE:NVST) posted its quarterly earnings data on Wednesday, October, 30th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The company's revenue was down 4.8% on a year-over-year basis.

When did Envista IPO?

Envista (NVST) raised $603 million in an initial public offering (IPO) on Wednesday, September 18th 2019. The company issued 26,800,000 shares at $21.00-$24.00 per share. J.P. Morgan, Goldman Sachs and Morgan Stanley served as the underwriters for the IPO and Baird, Evercore ISI, Jefferies, BofA Merrill Lynch, Credit Suisse, Stifel and William Blair were co-managers.

Who are Envista's major shareholders?

Top institutional shareholders of Envista include Nuance Investments LLC (4.27%), Clarkston Capital Partners LLC (2.53%), Pacer Advisors Inc. (2.05%) and Massachusetts Financial Services Co. MA (1.74%). Insiders that own company stock include Amir Aghdaei, Eric Conley, Howard H Yu, Mark E Nance, Eric D Hammes, Stephen Keller, Curt W Bludworth and Mischa Reis.
View institutional ownership trends.

How do I buy shares of Envista?

Shares of NVST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Envista own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Envista investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Dental equipment & supplies
• Sub-Industry: Medical Equipment
• Current Symbol: NYSE:NVST
• CUSIP: N/A
• CIK: 1757073
• Web: www.envistaco.com
• Phone: 714-817-7000
• Fax: 714-817-5450
• Employees: 12,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $20.71
• High Stock Price Target: $26.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +1.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($7.77)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 28.29
• P/E Growth: 2.86
• Net Income: $-100,200,000.00
• Net Margins: -53.42%
• Pretax Margin: -53.38%
• Return on Equity: 3.76%
• Return on Assets: 2.24%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 2.08
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $2.57 billion
• Price / Sales: 1.37
• Cash Flow: $2.52 per share
• Price / Cash Flow: 8.08
• Book Value: $24.35 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 172,100,000
• Free Float: 169,860,000
• Market Cap: $3.51 billion
• Optionable: Optionable
• Beta: 1.30