FY2027 EPS Estimates for Envista Holdings Co. (NYSE:NVST) Increased by Analyst

Envista Holdings Co. (NYSE:NVST) – Equities researchers at Leerink Partnrs raised their FY2027 EPS estimates for shares of Envista in a research note issued to investors on Monday, October 14th. Leerink Partnrs analyst M. Cherny now forecasts that the company will earn $1.52 per share for the year, up from their previous forecast of $1.51. The consensus estimate for Envista’s current full-year earnings is $0.69 per share.

Other analysts have also recently issued research reports about the company. Needham & Company LLC restated a “hold” rating on shares of Envista in a research report on Thursday, August 8th. JPMorgan Chase & Co. cut shares of Envista from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $16.00 in a research note on Thursday, August 8th. Stifel Nicolaus dropped their price target on shares of Envista from $20.00 to $18.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Bank of America decreased their price objective on shares of Envista from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, Evercore ISI upped their target price on shares of Envista from $18.00 to $23.00 and gave the stock an “outperform” rating in a report on Monday, September 23rd. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $19.63.

Envista Trading Up 2.7 %

NYSE:NVST opened at $18.18 on Thursday. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of -25.25 and a beta of 1.32. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.22 and a quick ratio of 1.90. The business has a fifty day moving average price of $18.23 and a 200-day moving average price of $18.15. Envista has a one year low of $15.15 and a one year high of $25.64.

Envista (NYSE:NVST) last announced its earnings results on Wednesday, August 7th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.16). The business had revenue of $633.10 million for the quarter, compared to analysts’ expectations of $646.88 million. Envista had a negative net margin of 52.25% and a positive return on equity of 4.86%. The firm’s quarterly revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 earnings per share.

Institutional Trading of Envista

Large investors have recently made changes to their positions in the business. William Blair Investment Management LLC grew its position in Envista by 4.0% in the first quarter. William Blair Investment Management LLC now owns 14,049 shares of the company’s stock worth $300,000 after acquiring an additional 538 shares in the last quarter. American International Group Inc. boosted its holdings in shares of Envista by 0.3% in the 4th quarter. American International Group Inc. now owns 231,461 shares of the company’s stock worth $5,569,000 after purchasing an additional 650 shares during the period. GAMMA Investing LLC increased its position in shares of Envista by 69.8% during the 3rd quarter. GAMMA Investing LLC now owns 1,766 shares of the company’s stock valued at $35,000 after purchasing an additional 726 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Envista by 2.3% during the 2nd quarter. Victory Capital Management Inc. now owns 36,021 shares of the company’s stock valued at $599,000 after buying an additional 800 shares during the period. Finally, State of Michigan Retirement System raised its holdings in Envista by 2.4% during the 1st quarter. State of Michigan Retirement System now owns 42,163 shares of the company’s stock valued at $901,000 after buying an additional 1,000 shares during the period.

Insider Buying and Selling at Envista

In other news, CFO Eric D. Hammes bought 24,532 shares of the stock in a transaction dated Monday, August 12th. The stock was purchased at an average cost of $16.33 per share, for a total transaction of $400,607.56. Following the transaction, the chief financial officer now owns 24,532 shares of the company’s stock, valued at $400,607.56. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by company insiders.

Envista Company Profile

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.