Envista (NYSE:NVST) Posts Earnings Results, Beats Estimates By $0.01 EPS

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

Envista Stock Up 2.2 %

NYSE:NVST traded up $0.45 during mid-day trading on Wednesday, hitting $20.58. 4,921,988 shares of the company’s stock were exchanged, compared to its average volume of 2,076,956. The business has a fifty day moving average price of $20.00 and a 200 day moving average price of $19.09. The company has a market cap of $3.54 billion, a PE ratio of -2.65, a P/E/G ratio of 1.82 and a beta of 1.34. Envista has a one year low of $15.15 and a one year high of $24.79. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.08 and a quick ratio of 1.77.

Analyst Ratings Changes

Several research firms recently commented on NVST. Jefferies Financial Group raised their price objective on shares of Envista from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Robert W. Baird lifted their price target on Envista from $17.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Mizuho assumed coverage on Envista in a report on Wednesday, December 4th. They set an “underperform” rating and a $20.00 price objective on the stock. Piper Sandler upped their price target on Envista from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Needham & Company LLC restated a “hold” rating on shares of Envista in a research report on Thursday, October 31st. Two research 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 MarketBeat, Envista presently has a consensus rating of “Hold” and an average target price of $20.21.

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.