Enovis Corp Stock Analysis
ENOV Stock | USD 48.27 1.60 3.43% |
Enovis Corp is undervalued with Real Value of 56.48 and Target Price of 70.0. The main objective of Enovis Corp stock analysis is to determine its intrinsic value, which is an estimate of what Enovis Corp is worth, separate from its market price. There are two main types of Enovis Corp's stock analysis: fundamental analysis and technical analysis.
The Enovis Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Enovis Corp is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Enovis Stock trading window is adjusted to America/New York timezone.
Enovis |
Enovis Stock Analysis Notes
About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. Enovis Corp has Price/Earnings To Growth (PEG) ratio of 1.9. The entity recorded a loss per share of 2.21. The firm had not issued any dividends in recent years. Enovis Corp had 581:1000 split on the 5th of April 2022. Enovis Corporation operates as a medical technology company worldwide. Enovis Corporation sells its products through independent distributors, such as healthcare professionals, consumer retail stores, and pharmacies and directly under the DJO brand. Enovis Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 16200 people. To learn more about Enovis Corp call Matthew Trerotola at 302 252 9160 or check out https://www.enovis.com.Enovis Corp Quarterly Total Revenue |
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Enovis Corp Investment Alerts
The company reported the previous year's revenue of 1.71 B. Net Loss for the year was (32.73 M) with profit before overhead, payroll, taxes, and interest of 883.88 M. | |
Over 99.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from news.google.com: King Luther Capital Management Corp Sells 29,471 Shares of Enovis Co. - MarketBeat |
Enovis Corp Upcoming and Recent Events
22nd of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
22nd of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Enovis Largest EPS Surprises
Earnings surprises can significantly impact Enovis Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2010-07-28 | 2010-06-30 | 0.49 | 0.54 | 0.05 | 10 | ||
2023-05-04 | 2023-03-31 | 0.37 | 0.44 | 0.07 | 18 | ||
2010-11-04 | 2010-09-30 | 0.58 | 0.66 | 0.08 | 13 |
Enovis Corp Environmental, Social, and Governance (ESG) Scores
Enovis Corp's ESG score is a quantitative measure that evaluates Enovis Corp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Enovis Corp's operations that may have significant financial implications and affect Enovis Corp's stock price as well as guide investors towards more socially responsible investments.
Enovis Corp Thematic Classifications
In addition to having Enovis Corp stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
MachineryUSA Equities from Machinery industry as classified by Fama & French |
Enovis Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Channing Capital Management, Llc | 2024-09-30 | 1.3 M | River Road Asset Management, Llc | 2024-09-30 | 1.2 M | Magnetar Financial Llc | 2024-09-30 | 1.1 M | Bank Of America Corp | 2024-06-30 | 1.1 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 994.4 K | Geode Capital Management, Llc | 2024-09-30 | 921.4 K | Boston Partners Global Investors, Inc | 2024-09-30 | 824.7 K | Wells Fargo & Co | 2024-06-30 | 614.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 600.8 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 6.6 M | Blackrock Inc | 2024-06-30 | 5.4 M |
Enovis Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.61 B.Enovis Profitablity
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.01 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.01.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.03) | (0.02) | |
Return On Capital Employed | (0.02) | (0.02) | |
Return On Assets | (0.01) | (0.01) | |
Return On Equity | (0.01) | (0.01) |
Management Efficiency
Return On Tangible Assets is likely to climb to -0.02 in 2024. Return On Capital Employed is likely to climb to -0.02 in 2024. At this time, Enovis Corp's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 1.3 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 85.7 M in 2024. Enovis Corp's management efficiency ratios could be used to measure how well Enovis Corp manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 102.84 | 107.99 | |
Tangible Book Value Per Share | 6.99 | 7.34 | |
Enterprise Value Over EBITDA | 13.91 | 27.51 | |
Price Book Value Ratio | 0.55 | 0.52 | |
Enterprise Value Multiple | 13.91 | 27.51 | |
Price Fair Value | 0.55 | 0.52 | |
Enterprise Value | 2.9 B | 2.1 B |
The management team at Enovis Corp has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Operating Margin 0.0115 | Profit Margin (0.06) | Beta 1.997 | Return On Assets 0.0037 | Return On Equity (0.04) |
Technical Drivers
As of the 26th of November, Enovis Corp shows the Downside Deviation of 1.83, mean deviation of 1.67, and Coefficient Of Variation of 1970.03. Enovis Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Enovis Corp coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Enovis Corp is priced favorably, providing market reflects its regular price of 48.27 per share. Given that Enovis Corp has jensen alpha of (0.12), we urge you to verify Enovis Corp's prevailing market performance to make sure the company can sustain itself at a future point.Enovis Corp Price Movement Analysis
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Enovis Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Enovis Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Enovis Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Enovis Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Enovis Corp Outstanding Bonds
Enovis Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Enovis Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Enovis bonds can be classified according to their maturity, which is the date when Enovis Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Enovis Corp Predictive Daily Indicators
Enovis Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Enovis Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 23431.91 | |||
Daily Balance Of Power | 1.059603 | |||
Rate Of Daily Change | 1.03 | |||
Day Median Price | 48.01 | |||
Day Typical Price | 48.09 | |||
Price Action Indicator | 1.07 | |||
Period Momentum Indicator | 1.6 |
Enovis Corp Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13th of November 2024 Other Reports | ViewVerify | |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 22nd of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
18th of July 2024 Other Reports | ViewVerify | |
F4 | 2nd of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Enovis Corp Forecast Models
Enovis Corp's time-series forecasting models are one of many Enovis Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Enovis Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Enovis Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Enovis Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Enovis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Enovis Corp. By using and applying Enovis Stock analysis, traders can create a robust methodology for identifying Enovis entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.04) | (0.04) | |
Operating Profit Margin | (0.04) | (0.04) | |
Net Loss | (0.02) | (0.02) | |
Gross Profit Margin | 0.58 | 0.30 |
Current Enovis Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Enovis analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Enovis analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
70.0 | Strong Buy | 11 | Odds |
Most Enovis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Enovis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Enovis Corp, talking to its executives and customers, or listening to Enovis conference calls.
Enovis Stock Analysis Indicators
Enovis Corp stock analysis indicators help investors evaluate how Enovis Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Enovis Corp shares will generate the highest return on investment. By understating and applying Enovis Corp stock analysis, traders can identify Enovis Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow | 24.3 M | |
Long Term Debt | 466.2 M | |
Common Stock Shares Outstanding | 54.5 M | |
Total Stockholder Equity | 3.4 B | |
Tax Provision | -13.3 M | |
Quarterly Earnings Growth Y O Y | 1.531 | |
Property Plant And Equipment Net | 334.3 M | |
Cash And Short Term Investments | 36.2 M | |
Cash | 36.2 M | |
Accounts Payable | 132.5 M | |
Net Debt | 500.2 M | |
50 Day M A | 42.6936 | |
Total Current Liabilities | 369.6 M | |
Other Operating Expenses | 1.8 B | |
Non Current Assets Total | 3.6 B | |
Forward Price Earnings | 14.881 | |
Non Currrent Assets Other | 90.3 M | |
Stock Based Compensation | 34.1 M |
Additional Tools for Enovis Stock Analysis
When running Enovis Corp's price analysis, check to measure Enovis Corp's 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 Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to predict the probability of Enovis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.