Envista Holdings Corporation (NYSE:NVST) Receives $29.31 Consensus PT from Analysts

Shares of Envista Holdings Corporation (NYSE:NVST) have earned an average rating of “Moderate Buy” from the sixteen analysts that are currently covering the company, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $29.3077.

NVST has been the subject of several recent research reports. Evercore reissued an “outperform” rating and set a $33.00 target price on shares of Envista in a report on Thursday, May 7th. Mizuho set a $29.00 price target on shares of Envista in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on Envista from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. BMO Capital Markets assumed coverage on Envista in a research note on Wednesday, July 8th. They set a “market perform” rating and a $27.00 price objective for the company. Finally, Zacks Research raised Envista from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th.

Envista Price Performance

Shares of NYSE NVST opened at $27.76 on Friday. The business’s 50 day moving average price is $27.06 and its 200 day moving average price is $26.38. The firm has a market cap of $4.46 billion, a P/E ratio of 47.86, a P/E/G ratio of 1.31 and a beta of 0.86. Envista has a 52 week low of $18.77 and a 52 week high of $30.42. The company has a quick ratio of 2.07, a current ratio of 2.43 and a debt-to-equity ratio of 0.47.

Envista (NYSE:NVST) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Envista had a net margin of 3.33% and a return on equity of 7.88%. The company had revenue of $730.50 million during the quarter, compared to analyst estimates of $716.11 million. During the same period last year, the firm posted $0.26 EPS. Envista’s revenue for the quarter was up 7.1% compared to the same quarter last year. Envista has set its FY 2026 guidance at 1.500-1.550 EPS. On average, sell-side analysts expect that Envista will post 1.53 earnings per share for the current year.

Insider Transactions at Envista

In other Envista news, SVP Mischa Reis sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $27.50, for a total value of $220,000.00. Following the sale, the senior vice president owned 27,321 shares in the company, valued at approximately $751,327.50. This represents a 22.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.99% of the company’s stock.

Hedge Funds Weigh In On Envista

Several large investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Envista during the second quarter valued at $25,000. Caitong International Asset Management Co. Ltd raised its position in shares of 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 worth $31,000 after acquiring an additional 1,504 shares during the period. Allworth Financial LP boosted its stake in shares of Envista by 75.4% during the 4th quarter. Allworth Financial LP now owns 1,805 shares of the company’s stock worth $39,000 after acquiring an additional 776 shares in the last quarter. UMB Bank n.a. grew its position in shares of Envista by 46.1% during the 4th quarter. UMB Bank n.a. now owns 2,017 shares of the company’s stock valued at $44,000 after acquiring an additional 636 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Envista by 73.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,248 shares of the company’s stock valued at $44,000 after purchasing an additional 949 shares in the last quarter.

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.