Envista Holdings Corp (NYSE:NVST) shares, rose in value on Wednesday, March 26, with the stock price up by 0.69% to the previous day’s close as strong demand from buyers drove the stock to $17.57.
Actively observing the price movement in the last trading, the stock closed the session at $17.45, falling within a range of $17.28 and $17.71. The value of beta (5-year monthly) was 1.33. Referring to stock’s 52-week performance, its high was $23.00, and the low was $15.15. On the whole, NVST has fluctuated by -14.96% over the past month.
With the market capitalization of Envista Holdings Corp currently standing at about $3.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.52B, with a low estimate of 599.9M and a high estimate of 625.51M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 609.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NVST’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of NVST currently trading nearly -0.56% and -10.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.49, while the 7-day volatility ratio is showing 3.14% which for the 30-day chart, stands at 4.08%. Furthermore, Envista Holdings Corp (NVST)’s beta value is 1.12, and its average true range (ATR) is 0.72.
A comparison of Envista Holdings Corp (NVST) with its peers suggests the former has fared considerably weaker in the market. NVST showed an intraday change of 0.69% in last session, and over the past year, it shrunk by -17.59%%.
Data on historical trading for Envista Holdings Corp (NYSE:NVST) indicates that the trading volumes over the past 10 days have averaged 3.45 and over the past 3 months, they’ve averaged 2.46 million. According to company’s latest data on outstanding shares, there are 172.20 million shares outstanding.
Nearly 1.70% of Envista Holdings Corp’s shares belong to company insiders and institutional investors own 112.84% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.13 million shares as on 2025-03-14, resulting in a short ratio of 3.12. According to the data, the short interest in Envista Holdings Corp (NVST) stood at 596.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.76 million. The stock has fallen by -8.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NVST stock heading into the next quarter.
