Envista Holdings Corporation (NYSE:NVST) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Envista Holdings Corporation (NYSE:NVST) have earned an average rating of “Moderate Buy” from the seventeen brokerages that are covering the stock, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $29.8571.

A number of brokerages have issued reports on NVST. UBS Group dropped their target price on shares of Envista from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Friday. Needham & Company LLC reissued a “hold” rating on shares of Envista in a research note on Friday. Piper Sandler restated a “neutral” rating and issued a $28.00 price target on shares of Envista in a report on Friday. Robert W. Baird set a $34.00 price objective on Envista in a research note on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft set a $32.00 price objective on Envista in a report on Thursday, September 3rd.

Trending Headlines about Envista

Here are the key news stories impacting Envista this week:

• Positive Sentiment: Zacks characterized Envista as technically oversold after a 12% decline over four weeks, suggesting selling pressure may be exhausted. The firm also cited upward earnings-estimate revisions as a possible catalyst for a near-term rebound. Zacks article on buying the dip in Envista
• Positive Sentiment: Piper Sandler reaffirmed its neutral rating but set a $28 price target, implying meaningful upside from the recent trading level. Benzinga analyst rating report
• Positive Sentiment: Additional Zacks commentary highlighted Envista as a potential value stock, which may attract investors following the recent pullback. Zacks value-stock analysis

Envista Price Performance

Envista stock opened at $23.38 on Wednesday. The company has a market cap of $3.76 billion, a P/E ratio of 40.31, a price-to-earnings-growth ratio of 1.11 and a beta of 0.86. Envista has a one year low of $18.77 and a one year high of $30.42. The business has a fifty day moving average of $26.96 and a two-hundred day moving average of $26.02. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.07 and a current ratio of 2.43.

Envista (NYSE:NVST) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Envista had a net margin of 3.33% and a return on equity of 7.88%. The business had revenue of $730.50 million during the quarter, compared to the consensus estimate of $716.11 million. During the same quarter last year, the firm posted $0.26 EPS. The business’s revenue was up 7.1% compared to the same quarter last year. Envista has set its FY 2026 guidance at 1.500-1.550 EPS. As a group, analysts predict that Envista will post 1.53 earnings per share for the current fiscal year.

Insider Buying and Selling at Envista

In other news, SVP Mischa Reis sold 8,000 shares of Envista stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $27.50, for a total transaction of $220,000.00. Following the completion of the transaction, the senior vice president owned 27,321 shares of the company’s stock, valued at $751,327.50. The trade was a 22.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.99% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Envista

Several hedge funds have recently added to or reduced their stakes in NVST. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Envista in the second quarter valued at approximately $25,000. Allworth Financial LP lifted its stake in Envista by 75.4% in the 4th quarter. Allworth Financial LP now owns 1,805 shares of the company’s stock valued at $39,000 after buying an additional 776 shares in the last quarter. IFP Advisors Inc grew its holdings in Envista by 102.9% during the 4th quarter. IFP Advisors Inc now owns 2,112 shares of the company’s stock valued at $46,000 after buying an additional 1,071 shares during the last quarter. Nykredit A S purchased a new position in Envista during the second quarter worth $52,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in Envista during the second quarter worth $63,000.

About Envista

Envista Holdings Corporation is a global dental products and technologies company headquartered in Brea, California. The company develops, manufactures and markets products used by dentists, dental specialists, dental laboratories and other oral-care professionals.

Envista’s portfolio includes dental imaging and diagnostic systems, digital dentistry and CAD/CAM solutions, dental implants, orthodontic brackets and wires, clear aligner products, endodontic instruments, restorative materials, infection-prevention products and other dental consumables.