Envista Holdings Corp Stock Buy Hold or Sell Recommendation
| NVST Stock | USD 22.29 0.04 0.18% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Envista Holdings Corp is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Envista Holdings Corp given historical horizon and risk tolerance towards Envista Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for Envista Holdings Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Envista Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Envista and provide practical buy, sell, or hold advice based on investors' constraints. Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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Execute Envista Holdings Buy or Sell Advice
The Envista recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Envista Holdings Corp. Macroaxis does not own or have any residual interests in Envista Holdings Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Envista Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Envista Holdings Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 2.57 B. Net Loss for the year was (100.2 M) with profit before overhead, payroll, taxes, and interest of 1.49 B. | |
| Envista Holdings has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Envista Holdings Corporations Prospects Need A Boost To Lift Shares |
Envista Holdings Returns Distribution Density
The distribution of Envista Holdings' historical returns is an attempt to chart the uncertainty of Envista Holdings' future price movements. The chart of the probability distribution of Envista Holdings daily returns describes the distribution of returns around its average expected value. We use Envista Holdings Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Envista Holdings returns is essential to provide solid investment advice for Envista Holdings.
| Mean Return | 0.32 | Value At Risk | -2.68 | Potential Upside | 3.96 | Standard Deviation | 2.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Envista Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Envista Stock Institutional Investors
The Envista Holdings' institutional investors refer to entities that pool money to purchase Envista Holdings' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Clarkston Capital Partners, Llc | 2024-09-30 | 4.3 M | Fuller & Thaler Asset Management Inc | 2024-09-30 | 4.3 M | Gates Capital Management Inc | 2024-09-30 | 4.1 M | Jupiter Asset Management Limited | 2024-09-30 | 4.1 M | Franklin Resources Inc | 2024-09-30 | 4 M | Massachusetts Financial Services Company | 2024-09-30 | 3 M | Van Lanschot Kempen Investment Management Nv | 2024-06-30 | 2.9 M | Geode Capital Management, Llc | 2024-09-30 | 2.9 M | Pacer Advisors, Inc. | 2024-06-30 | 2.9 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 27.9 M | Blackrock Inc | 2024-06-30 | 19.5 M |
Envista Holdings Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (1.5M) | 11.9M | (66M) | (39.9M) | 35.1M | 36.9M | |
| Investments | (78.4M) | (69.1M) | 232.9M | (657.3M) | (50.9M) | (53.4M) | |
| Change In Cash | 211.2M | 677.7M | 184.7M | (466.7M) | 333.1M | 349.8M | |
| Free Cash Flow | 319.7M | 236.2M | 336.7M | 107M | 217.5M | 222.3M | |
| Depreciation | 168.1M | 163.1M | 151.9M | 162.1M | 162.6M | 163.1M | |
| Other Non Cash Items | 8.9M | 24.5M | 34.1M | 47.7M | 328M | 344.4M | |
| Capital Expenditures | 77.8M | 47.7M | 54.7M | 75.7M | 58.2M | 66.6M | |
| Net Income | 217.6M | 33.3M | 340.5M | 243.1M | (100.2M) | (95.2M) | |
| Change To Netincome | 27.9M | (2.1M) | 49.1M | 6.6M | 5.9M | 5.6M | |
| End Period Cash Flow | 211.2M | 888.9M | 1.1B | 606.9M | 940M | 584.7M |
Envista Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Envista Holdings or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Envista Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Envista stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 2.42 | |
Ir | Information ratio | 0.08 |
Envista Holdings Volatility Alert
Envista Holdings Corp has relatively low volatility with skewness of 0.88 and kurtosis of 1.64. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Envista Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Envista Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Envista Holdings Fundamentals Vs Peers
Comparing Envista Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Envista Holdings' direct or indirect competition across all of the common fundamentals between Envista Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Envista Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Envista Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Envista Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Envista Holdings to competition |
| Fundamentals | Envista Holdings | Peer Average |
| Return On Equity | -0.36 | -0.31 |
| Return On Asset | 0.0169 | -0.14 |
| Profit Margin | (0.53) % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 4.42 B | 16.62 B |
| Shares Outstanding | 172.1 M | 571.82 M |
| Shares Owned By Insiders | 0.79 % | 10.09 % |
| Shares Owned By Institutions | 99.21 % | 39.21 % |
| Number Of Shares Shorted | 11.52 M | 4.71 M |
| Price To Earning | 17.57 X | 28.72 X |
| Price To Book | 1.25 X | 9.51 X |
| Price To Sales | 1.54 X | 11.42 X |
| Revenue | 2.57 B | 9.43 B |
| Gross Profit | 1.49 B | 27.38 B |
| EBITDA | 31.5 M | 3.9 B |
| Net Income | (100.2 M) | 570.98 M |
| Cash And Equivalents | 523.1 M | 2.7 B |
| Cash Per Share | 3.20 X | 5.01 X |
| Total Debt | 1.65 B | 5.32 B |
| Debt To Equity | 0.38 % | 48.70 % |
| Current Ratio | 1.11 X | 2.16 X |
| Book Value Per Share | 17.86 X | 1.93 K |
| Cash Flow From Operations | 275.7 M | 971.22 M |
| Short Ratio | 5.14 X | 4.00 X |
| Earnings Per Share | (7.82) X | 3.12 X |
| Price To Earnings To Growth | 0.41 X | 4.89 X |
| Target Price | 21.55 | |
| Number Of Employees | 12.8 K | 18.84 K |
| Beta | 1.31 | -0.15 |
| Market Capitalization | 3.84 B | 19.03 B |
| Total Asset | 6.61 B | 29.47 B |
| Retained Earnings | 631.2 M | 9.33 B |
| Working Capital | 962.9 M | 1.48 B |
Note: Disposition of 2316 shares by Faez Kaabi of Envista Holdings at 21.76 subject to Rule 16b-3 [view details]
Envista Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Envista . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Envista Holdings Buy or Sell Advice
When is the right time to buy or sell Envista Holdings Corp? Buying financial instruments such as Envista Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Envista Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Management
Companies providing management services to businesses. The Management theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Management Theme or any other thematic opportunities.
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Additional Tools for Envista Stock Analysis
When running Envista Holdings' price analysis, check to measure Envista Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envista Holdings is operating at the current time. Most of Envista Holdings' value examination focuses on studying past and present price action to predict the probability of Envista Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envista Holdings' price. Additionally, you may evaluate how the addition of Envista Holdings to your portfolios can decrease your overall portfolio volatility.