Is Envista Holdings Corp (NYSE: NVST) Still A Buy After A 4.73% Weekly Jump?

During the last session, Envista Holdings Corp (NYSE:NVST)’s traded shares were 2.32 million, with the beta value of the company hitting 0.96. At the end of the trading day, the stock’s price was $16.84, reflecting an intraday gain of 2.75% or $0.45. The 52-week high for the NVST share is $23.00, that puts it down -36.58 from that peak though still a striking 15.56% gain since the share price plummeted to a 52-week low of $14.22. The company’s market capitalization is $2.85B, and the average trade volume was 3.06 million shares over the past three months.

Envista Holdings Corp (NVST) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.71. NVST has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

Envista Holdings Corp (NYSE:NVST) trade information

Envista Holdings Corp (NVST) registered a 2.75% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.75% in intraday trading to $16.84, hitting a weekly high. The stock’s 5-day price performance is 4.73%, and it has moved by 10.14% in 30 days. Based on these gigs, the overall price performance for the year is -11.37%.

The consensus price target of analysts on Wall Street is $19, which implies an increase of 11.37% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16 and $21 respectively. As a result, NVST is trading at a discount of -24.7% off the target high and 4.99% off the low.

While earnings are projected to return 36.88% in 2025, the next five years will return 21.65% per annum.

NVST Dividends

Envista Holdings Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 17.28 million shares, is of VANGUARD GROUP INC’s that is approximately 10.0394% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $287.33 million.

Also, the Mutual Funds coming in first place with the largest holdings of Envista Holdings Corp (NVST) shares are Eaton Vance Growth Trust-Eaton Vance Atlanta Capital SMID-Cap Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . Data provided on Dec 31, 2024 indicates that Eaton Vance Growth Trust-Eaton Vance Atlanta Capital SMID-Cap Fund owns about 9.4 shares. This amounts to just over 5.55 percent of the company’s overall shares, with a $158.36 million market value. The same data shows that the other fund manager holds slightly less at 5.62, or about 3.31% of the stock, which is worth about $94.58 million.