Envista Holdings Corp Stock Performance
| NVST Stock | USD 20.37 0.11 0.54% |
Envista Holdings has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Envista Holdings are expected to decrease at a much lower rate. During the bear market, Envista Holdings is likely to outperform the market. Envista Holdings Corp right now shows a risk of 2.37%. Please confirm Envista Holdings Corp semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if Envista Holdings Corp will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Envista Holdings Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, Envista Holdings may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return 0.0468 | Five Day Return 6.26 | Year To Date Return (11.20) | Ten Year Return (23.43) | All Time Return (23.43) |
1 | Envista Holdings Corp Stock Price Up 3.45 percent on Sep 27 - GuruFocus.com | 09/27/2024 |
2 | Envista Schedules Third Quarter 2024 Earnings Call | 10/07/2024 |
3 | Are Investors Undervaluing Envista Holdings Corporation By 34 | 10/16/2024 |
4 | Envista Receives Revised Price Target from Stifel Nicolaus | 10/23/2024 |
5 | Envista Reports Third Quarter 2024 Results | 10/30/2024 |
6 | Envista upgraded to market perform by Leerink, management cited | 10/31/2024 |
7 | Envista Holdings Third Quarter 2024 Earnings Beats Expectations | 11/01/2024 |
8 | Envista Announces Release of 2023 Sustainability Report | 11/20/2024 |
| Begin Period Cash Flow | 606.9 M |
Envista |
Envista Holdings Relative Risk vs. Return Landscape
If you would invest 1,842 in Envista Holdings Corp on August 24, 2024 and sell it today you would earn a total of 195.00 from holding Envista Holdings Corp or generate 10.59% return on investment over 90 days. Envista Holdings Corp is currently generating 0.187% in daily expected returns and assumes 2.3676% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than Envista, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Envista Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Envista Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Envista Holdings Corp, and traders can use it to determine the average amount a Envista Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.079
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Envista Holdings is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Envista Holdings by adding it to a well-diversified portfolio.
Envista Holdings Fundamentals Growth
Envista Stock prices reflect investors' perceptions of the future prospects and financial health of Envista Holdings, and Envista Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Envista Stock performance.
| Return On Equity | -0.36 | ||||
| Return On Asset | 0.0169 | ||||
| Profit Margin | (0.53) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 4.26 B | ||||
| Shares Outstanding | 172.1 M | ||||
| Price To Earning | 17.57 X | ||||
| Price To Book | 1.20 X | ||||
| Price To Sales | 1.47 X | ||||
| Revenue | 2.57 B | ||||
| Gross Profit | 1.49 B | ||||
| EBITDA | 31.5 M | ||||
| Net Income | (100.2 M) | ||||
| Cash And Equivalents | 523.1 M | ||||
| Cash Per Share | 3.20 X | ||||
| Total Debt | 1.65 B | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 1.11 X | ||||
| Book Value Per Share | 17.86 X | ||||
| Cash Flow From Operations | 275.7 M | ||||
| Earnings Per Share | (7.82) X | ||||
| Market Capitalization | 3.68 B | ||||
| Total Asset | 6.61 B | ||||
| Retained Earnings | 631.2 M | ||||
| Working Capital | 962.9 M | ||||
| Current Asset | 751.06 M | ||||
| Current Liabilities | 698.03 M | ||||
About Envista Holdings Performance
Assessing Envista Holdings' fundamental ratios provides investors with valuable insights into Envista Holdings' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Envista Holdings is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 84.64 | 69.59 | |
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.02) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Envista Holdings Corp performance evaluation
Checking the ongoing alerts about Envista Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Envista Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 gurufocus.com: Envista Announces Release of 2023 Sustainability Report |
- Analyzing Envista Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Envista Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Envista Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Envista Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Envista Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Envista Holdings' stock. These opinions can provide insight into Envista Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
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.