Envista Holdings Corp Stock Today
| NVST Stock | USD 20.22 0.11 0.55% |
Performance0 of 100
| Odds Of DistressLess than 32
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Envista Holdings is selling for under 20.22 as of the 24th of April 2024; that is 0.55 percent increase since the beginning of the trading day. The stock's last reported lowest price was 20.15. Envista Holdings has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Envista Holdings Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 18th of September 2019 | Category Healthcare | Classification Health Care |
Envista Holdings Corporation, together with its subsidiaries, engages in the development, sale, and marketing of dental products in the United States, China, and internationally. Envista Holdings Corporation was incorporated in 2018 and is headquartered in Brea, California. The company has 171.86 M outstanding shares of which 10.84 M shares are now shorted by private and institutional investors with about 4.84 trading days to cover. More on Envista Holdings Corp
Moving together with Envista Stock
| 0.63 | DH | Definitive Healthcare Financial Report 2nd of May 2024 | PairCorr |
| 0.83 | GH | Guardant Health Financial Report 14th of May 2024 | PairCorr |
Moving against Envista Stock
| 0.85 | AGTI | Agiliti Sell-off Trend | PairCorr |
| 0.7 | RCM | R1 RCM Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.63 | HQY | HealthEquity Financial Report 3rd of June 2024 | PairCorr |
| 0.49 | STIM | Neuronetics Financial Report 14th of May 2024 | PairCorr |
| 0.42 | CERT | Certara Financial Report 13th of May 2024 | PairCorr |
Envista Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Envista Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Envista Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Amir Aghdaei | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, SP Midcap 400, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Envista Holdings report their recommendations after researching Envista Holdings' financial statements, talking to executives and customers, or listening in on Envista Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Envista Holdings Corp. The Envista consensus assessment is calculated by taking the average forecast from all of the analysts covering Envista Holdings. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Envista Holdings' liquidity, profitability, solvency, and operating efficiency, Envista Holdings Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Envista Holdings Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Envista Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Envista Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Envista Holdings' financial leverage. It provides some insight into what part of Envista Holdings' total assets is financed by creditors.
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Envista Holdings Corp (NVST) is traded on New York Stock Exchange in USA. It is located in Building E, Brea, CA, United States, 92821-6208 and employs 12,800 people. Envista Holdings is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Envista Holdings's market, we take the total number of its shares issued and multiply it by Envista Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Envista Holdings Corp conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 171.86 M outstanding shares of which 10.84 M shares are now shorted by private and institutional investors with about 4.84 trading days to cover.
Envista Holdings Corp currently holds about 523.1 M in cash with 275.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.2.
Check Envista Holdings Probability Of Bankruptcy
Ownership AllocationEnvista Holdings Corp retains a total of 171.86 Million outstanding shares. The majority of Envista Holdings Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Envista Holdings Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Envista Holdings. Please pay attention to any change in the institutional holdings of Envista Holdings Corp as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Envista Ownership Details
Envista Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Envista Holdings jumping above the current price in 90 days from now is about 85.58%. The Envista Holdings Corp probability density function shows the probability of Envista Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Envista Holdings has a beta of 0.2936. This indicates as returns on the market go up, Envista Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Envista Holdings Corp will be expected to be much smaller as well. Additionally, envista Holdings Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Envista Holdings to move above the current price in 90 days from now is about 85.58 (This Envista Holdings Corp probability density function shows the probability of Envista Stock to fall within a particular range of prices over 90 days) .
Envista Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Envista Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Envista Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Envista Holdings' value.| Instituion | Recorded On | Shares | |
| Mariner Value Strategies, Llc | 2023-12-31 | 3.9 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 3.8 M | |
| Alliancebernstein L.p. | 2023-12-31 | 3.6 M | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 3.6 M | |
| Gates Capital Management Inc | 2023-12-31 | 2.8 M | |
| Geode Capital Management, Llc | 2023-12-31 | 2.7 M | |
| River Road Asset Management, Llc | 2023-12-31 | 2.3 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 2.1 M | |
| Hhg Plc | 2023-12-31 | 1.9 M | |
| Blackrock Inc | 2023-12-31 | 18.3 M | |
| Vanguard Group Inc | 2023-12-31 | 17.2 M |
Envista Holdings Historical Income Statement
Envista Holdings Corp Income Statement is one of the three primary financial statements used for reporting Envista's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Envista Holdings Corp revenue and expense. Envista Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Envista Holdings' Interest Expense is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 163.8 M in 2024, whereas Total Revenue is likely to drop slightly above 3.1 B in 2024. View More FundamentalsEnvista Stock Against Markets
Picking the right benchmark for Envista Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Envista Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Envista Holdings is critical whether you are bullish or bearish towards Envista Holdings Corp at a given time. Please also check how Envista Holdings' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Envista Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Envista Holdings Corporate Management
Elected by the shareholders, the Envista Holdings' board of directors comprises two types of representatives: Envista Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Envista. The board's role is to monitor Envista Holdings' management team and ensure that shareholders' interests are well served. Envista Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Envista Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stephen Keller | VP Officer | Profile | |
| Scott Huennekens | Independent Chairman of the Board | Profile | |
| Vivek Jain | Independent Director | Profile | |
| Mischa Reis | Senior Vice President - Strategy and Corporate Development | Profile | |
| Andrew Chen | Chief Officer | Profile | |
| Christine Tsingos | Independent Director | Profile |
How to buy Envista Stock?
Before investing in Envista Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Envista Holdings. To buy Envista Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Envista Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Envista Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Envista Holdings Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Envista Holdings Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Envista Holdings Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Envista Stock please use our How to Invest in Envista Holdings guide.
Already Invested in Envista Holdings Corp?
The danger of trading Envista Holdings Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Envista Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Envista Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Envista Holdings Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Envista Holdings Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Envista Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Envista Holdings Corp Stock. Highlighted below are key reports to facilitate an investment decision about Envista Holdings Corp Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Envista Stock analysis
When running Envista Holdings' price analysis, check to measure Envista Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envista Holdings is operating at the current time. Most of Envista Holdings' value examination focuses on studying past and present price action to predict the probability of Envista Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envista Holdings' price. Additionally, you may evaluate how the addition of Envista Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Envista Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Envista Holdings. If investors know Envista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Envista Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.60) | Revenue Per Share 15.377 | Quarterly Revenue Growth (0.02) | Return On Assets 0.031 |
The market value of Envista Holdings Corp is measured differently than its book value, which is the value of Envista that is recorded on the company's balance sheet. Investors also form their own opinion of Envista Holdings' value that differs from its market value or its book value, called intrinsic value, which is Envista Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Envista Holdings' market value can be influenced by many factors that don't directly affect Envista Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Envista Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Envista Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envista Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.