Analyzing the Financial Health of Envista Holdings Corporation (NVST)

    Publicly-traded company Envista Holdings Corporation (NYSE:NVST) had a closing price of $29.61 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $32.33, this means that the stock is underpriced by 8.41%. In the past 52 weeks the company’s stock price has moved within the range of $25.65 to $30.80.

    This particular stock’s 5-day moving average is 29.74, its 20-day moving average is 28.79. Envista Holdings Corporation (NVST) currently has 157.15M shares outstanding, which means that its market capitalization is $4.65B.

    The Details: Envista Holdings Corporation (NVST) Financial Health

    There is more than one indicator we can consider while evaluating a potential stock’s financial performance. For example, we can find out a public company’s profit margin, which lets us know how much of a company’s net sales revenue was retained as earnings – which we calculate by dividing net income by total sales revenue.

    What Does Wall Street Say about Company?

    When selecting stocks to purchase, many investors want to know what Wall Street analysts are thinking before they pull the trigger. They often look for the average analyst rating. At the moment, the average analyst rating for NVST is Overweight. Out of 10 total analysts who were surveyed, 0 rated it a sell, 0 rated it a underweight, 1 rated it an overweight, 3 rated it hold, and 6 rated it a Buy.

    Understanding Profitability at Envista Holdings Corporation (NVST)

    A good method of evaluating a public company’s profitability is by taking a look at its Earnings per Share (EPS) performance. In the most recent financial results released by Envista Holdings Corporation, for the quarter ending on 12/2019, the company posted EPS of 0.49. The average estimate of Wall Street analysts had projected 0.51.

    Wall Street analysts, on average, are forecasting the company’s EPS to be 0.50. When it comes to net revenue, the average estimate from a total of 9 analysts is 732.89M.