Envista (NYSE:NVST) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Envista (NYSE:NVSTGet Free Report) had its price target raised by equities research analysts at Robert W. Baird from $30.00 to $31.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s price objective would suggest a potential upside of 14.23% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on NVST. Leerink Partners set a $35.00 price target on shares of Envista and gave the company an “outperform” rating in a research report on Friday, February 6th. UBS Group increased their price target on shares of Envista from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Mizuho increased their price target on shares of Envista from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Wells Fargo & Company increased their price target on shares of Envista from $21.00 to $26.00 and gave the company an “equal weight” rating in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. increased their price target on shares of Envista from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Envista currently has a consensus rating of “Hold” and a consensus target price of $28.33.

View Our Latest Report on NVST

Envista Trading Up 3.6%

Shares of NVST opened at $27.14 on Thursday. The stock has a market capitalization of $4.42 billion, a P/E ratio of 96.92, a PEG ratio of 1.79 and a beta of 0.92. The company has a quick ratio of 2.04, a current ratio of 2.38 and a debt-to-equity ratio of 0.47. The firm has a fifty day simple moving average of $26.63 and a two-hundred day simple moving average of $24.03. Envista has a twelve month low of $16.33 and a twelve month high of $30.42.

Envista (NYSE:NVSTGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.05. The business had revenue of $705.50 million during the quarter, compared to analysts’ expectations of $680.04 million. Envista had a net margin of 1.73% and a return on equity of 6.54%. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.24 EPS. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. On average, research analysts anticipate that Envista will post 1.4 EPS for the current year.

Insider Activity at Envista

In related news, SVP Mischa Reis sold 9,675 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $30.00, for a total value of $290,250.00. Following the completion of the transaction, the senior vice president directly owned 32,382 shares in the company, valued at $971,460. This trade represents a 23.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.99% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in shares of Envista by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 9,628,460 shares of the company’s stock worth $209,036,000 after acquiring an additional 90,586 shares in the last quarter. Alliancebernstein L.P. increased its stake in Envista by 34.0% during the 2nd quarter. Alliancebernstein L.P. now owns 6,098,445 shares of the company’s stock valued at $119,164,000 after purchasing an additional 1,547,656 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Envista by 15.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,349,874 shares of the company’s stock valued at $72,726,000 after purchasing an additional 444,725 shares in the last quarter. Millennium Management LLC increased its stake in Envista by 1,442.7% during the 4th quarter. Millennium Management LLC now owns 2,420,615 shares of the company’s stock valued at $52,552,000 after purchasing an additional 2,263,712 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Envista by 72.3% during the 4th quarter. AQR Capital Management LLC now owns 2,356,968 shares of the company’s stock valued at $51,170,000 after purchasing an additional 988,714 shares in the last quarter.

Trending Headlines about Envista

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About Envista

(Get Free Report)

Envista Holdings Corporation is a global dental products company that develops, manufactures and markets a broad portfolio of dental consumables, equipment and technology solutions. Headquartered in Brea, California, Envista serves dental practitioners, specialists and laboratories in more than 150 countries. The company’s offerings span implant, orthodontic, endodontic and restorative product lines as well as digital imaging systems and practice management software.

Envista’s product brands include Nobel Biocare for dental implants and restorative solutions, Ormco for orthodontic appliances and treatment systems, Kerr for restorative and endodontic materials, KaVo for dental imaging and handpieces, and Vista for surgical drills and instruments.

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Analyst Recommendations for Envista (NYSE:NVST)

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