Envista (NYSE:NVST) Announces Quarterly Earnings Results

Envista (NYSE:NVST) issued its quarterly earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01, Zacks reports. Envista had a positive return on equity of 3.76% and a negative net margin of 53.42%. Envista updated its FY 2025 guidance to 0.950-1.050 EPS.

Envista Stock Up 6.7 %

Shares of Envista stock traded up $1.38 during midday trading on Thursday, hitting $21.95. The company’s stock had a trading volume of 366,005 shares, compared to its average volume of 1,991,667. The firm has a market capitalization of $3.78 billion, a P/E ratio of -2.80, a PEG ratio of 1.82 and a beta of 1.34. The stock has a 50-day simple moving average of $19.97 and a 200-day simple moving average of $19.10. The company has a quick ratio of 1.77, a current ratio of 2.08 and a debt-to-equity ratio of 0.42. Envista has a 1-year low of $15.15 and a 1-year high of $24.79.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Piper Sandler raised their price target on Envista from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday. Robert W. Baird increased their price objective on Envista from $17.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Stifel Nicolaus increased their price objective on Envista from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Mizuho initiated coverage on Envista in a research report on Wednesday, December 4th. They set an “underperform” rating and a $20.00 price objective for the company. Finally, Jefferies Financial Group increased their price objective on Envista from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Envista presently has an average rating of “Hold” and an average price target of $20.13.

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.