Envista Holdings Corporation (NYSE:NVST) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Envista Holdings Corporation (NYSE:NVST) have been assigned an average rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $27.75.

Several equities research analysts recently issued reports on NVST shares. UBS Group boosted their target price on shares of Envista from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Morgan Stanley set a $19.00 price target on shares of Envista in a research note on Friday, February 6th. Barclays lifted their price target on shares of Envista from $24.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Zacks Research raised shares of Envista from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 6th. Finally, Wall Street Zen upgraded Envista from a “buy” rating to a “strong-buy” rating in a report on Monday, January 26th.

Insider Transactions at Envista

In other Envista news, SVP Mischa Reis sold 9,675 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $30.00, for a total transaction of $290,250.00. Following the completion of the sale, the senior vice president owned 32,382 shares of the company’s stock, valued at approximately $971,460. The trade was a 23.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.66% of the company’s stock.

Hedge Funds Weigh In On Envista

A number of large investors have recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in Envista by 317.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,349 shares of the company’s stock worth $27,000 after purchasing an additional 1,026 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Envista by 16,711.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,513 shares of the company’s stock valued at $31,000 after buying an additional 1,504 shares during the period. Allworth Financial LP lifted its position in Envista by 75.4% during the fourth quarter. Allworth Financial LP now owns 1,805 shares of the company’s stock valued at $39,000 after buying an additional 776 shares in the last quarter. UMB Bank n.a. lifted its position in Envista by 46.1% during the fourth quarter. UMB Bank n.a. now owns 2,017 shares of the company’s stock valued at $44,000 after buying an additional 636 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in Envista by 102.9% during the fourth quarter. IFP Advisors Inc now owns 2,112 shares of the company’s stock worth $46,000 after buying an additional 1,071 shares during the period.

Envista Stock Performance

NYSE NVST opened at $25.41 on Wednesday. The business’s 50-day moving average price is $26.57 and its 200 day moving average price is $22.97. The company has a current ratio of 2.38, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. Envista has a twelve month low of $14.22 and a twelve month high of $30.42. The company has a market capitalization of $4.16 billion, a PE ratio of 90.75, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95.

Envista (NYSE:NVST) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.32 by $0.06. Envista had a return on equity of 6.54% and a net margin of 1.73%.The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 earnings per share. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. On average, research analysts predict that Envista will post 1 earnings per share for the current year.

About Envista

Envista Holdings Corporation is a global dental products company that develops, manufactures and markets a broad portfolio of dental consumables, equipment and technology solutions. Headquartered in Brea, California, Envista serves dental practitioners, specialists and laboratories in more than 150 countries. The company’s offerings span implant, orthodontic, endodontic and restorative product lines as well as digital imaging systems and practice management software.

Envista’s product brands include Nobel Biocare for dental implants and restorative solutions, Ormco for orthodontic appliances and treatment systems, Kerr for restorative and endodontic materials, KaVo for dental imaging and handpieces, and Vista for surgical drills and instruments.