Wall Avenue analysts predict that Envista Holdings Co. (NYSE:NVST) will announce earnings of $0.44 per share for the present quarter, Zacks Investment Research experiences. Six analysts have offered estimates for Envista’s earnings, with the bottom EPS estimate coming in at $0.41 and the very best estimate coming in at $0.47. Envista reported earnings of ($0.10) per share throughout the identical quarter final yr, which signifies a optimistic year-over-year development price of 540%. The enterprise is anticipated to concern its subsequent earnings report on Thursday, July twenty ninth.
In response to Zacks, analysts count on that Envista will report full yr earnings of $1.89 per share for the present fiscal yr, with EPS estimates starting from $1.85 to $1.94. For the following fiscal yr, analysts anticipate that the enterprise will report earnings of $2.06 per share, with EPS estimates starting from $1.97 to $2.24. Zacks Funding Analysis’s EPS averages are a imply common based mostly on a survey of sell-side analysts that cowl Envista.
Envista (NYSE:NVST) final posted its earnings outcomes on Wednesday, Could fifth. The corporate reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.23. Envista had a return on fairness of 6.93% and a web margin of 5.00%.
Numerous analysis analysts have weighed in on NVST shares. Zacks Investment Research raised Envista from a “maintain” score to a “strong-buy” score and set a $52.00 goal value on the inventory in a report on Saturday, Could eighth. Piper Sandler upped their value goal on Envista from $41.00 to $45.00 and gave the inventory a “impartial” score in a analysis report on Thursday, Could sixth. TheStreet upgraded Envista from a “d+” score to a “c” score in a analysis report on Thursday, Could thirteenth. Morgan Stanley elevated their goal value on Envista from $42.00 to $46.00 and gave the inventory an “equal weight” score in a analysis report on Friday, Could seventh. Lastly, Credit score Suisse Group elevated their value goal on Envista from $49.00 to $55.00 and gave the corporate an “outperform” score in a analysis word on Thursday, Could sixth. Three funding analysts have rated the inventory with a maintain score, three have issued a purchase score and one has assigned a robust purchase score to the inventory. The inventory presently has a consensus score of “Purchase” and a mean goal value of $43.33.
NVST stock traded up $0.09 throughout buying and selling on Thursday, reaching $42.94. The inventory had a buying and selling quantity of 13,407 shares, in comparison with its common quantity of two,006,693. Envista has a 52 week low of $19.43 and a 52 week excessive of $46.52. The agency’s 50 day transferring common is $43.63. The corporate has a debt-to-equity ratio of 0.24, a fast ratio of 0.77 and a present ratio of 1.02. The corporate has a market capitalization of $6.90 billion, a price-to-earnings ratio of 63.00, a PEG ratio of 0.90 and a beta of 1.94.
In different Envista information, CEO Amir Aghdaei offered 680 shares of the agency’s inventory in a transaction on Friday, March twenty sixth. The inventory was offered at a mean value of $40.75, for a complete transaction of $27,710.00. Following the transaction, the chief govt officer now straight owns 539,870 shares within the firm, valued at roughly $21,999,702.50. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible at the SEC website. Additionally, SVP Mischa Reis offered 1,049 shares of the agency’s inventory in a transaction on Monday, Could third. The inventory was offered at a mean value of $43.73, for a complete worth of $45,872.77. Following the transaction, the senior vice chairman now owns 49,159 shares within the firm, valued at $2,149,723.07. The disclosure for this sale will be discovered here. Insiders have offered a complete of 207,234 shares of firm inventory valued at $9,041,951 over the past three months. 0.82% of the inventory is owned by company insiders.
Hedge funds have lately made adjustments to their positions within the inventory. Victory Capital Administration Inc. lifted its place in Envista by 52.6% through the 4th quarter. Victory Capital Administration Inc. now owns 29,735 shares of the corporate’s inventory value $1,003,000 after buying an extra 10,245 shares through the interval. SG Americas Securities LLC acquired a brand new stake in Envista through the 4th quarter value about $658,000. BlackRock Inc. lifted its place in Envista by 1.6% through the 4th quarter. BlackRock Inc. now owns 11,737,717 shares of the corporate’s inventory value $395,916,000 after buying an extra 185,867 shares through the interval. Prudential PLC lifted its place in Envista by 12.6% through the 4th quarter. Prudential PLC now owns 10,700 shares of the corporate’s inventory value $361,000 after buying an extra 1,200 shares through the interval. Lastly, Alliancebernstein L.P. lifted its holdings in shares of Envista by 8.6% within the 4th quarter. Alliancebernstein L.P. now owns 88,910 shares of the corporate’s inventory valued at $2,999,000 after shopping for an extra 7,070 shares through the interval.
Envista Firm Profile
Envista Holdings Company, along with its subsidiaries, develops, manufactures, and markets dental merchandise in the USA and internationally. The corporate operates in two segments, Specialty Merchandise & Applied sciences and Tools & Consumables. The corporate’s Specialty Merchandise & Applied sciences section supplies dental implant techniques, guided surgical procedure techniques, biomaterials, prefabricated and custom-built prosthetics, and dental eye loupes to oral surgeons, prosthodontists, and periodontists below the manufacturers, together with Nobel Biocare, Alpha Bio Tec, Implant Direct, Logon, Nobel Procera, and Orascoptic; and brackets and wires, clear aligners, digital orthodontic remedies, retainers, and different orthodontic laboratory merchandise below the Damon, Ormco, Insignia, AOA, and Spark manufacturers.
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