Envista Holdings Corporation (NYSE:NVST) Receives $29.71 Consensus Price Target from Brokerages

Shares of Envista Holdings Corporation (NYSE:NVST) have earned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are presently covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $29.8571.

NVST has been the topic of a number of analyst reports. Barclays lowered their target price on shares of Envista from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft set a $32.00 target price on Envista in a research report on Thursday, September 3rd. Robert W. Baird set a $34.00 price target on Envista in a research note on Thursday, August 6th. Mizuho set a $29.00 target price on shares of Envista in a report on Thursday, August 6th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Envista in a research note on Thursday, September 10th.

More Envista News

Here are the key news stories impacting Envista this week:

• Positive Sentiment: Zacks characterized Envista as technically oversold after a 12% decline over four weeks, suggesting selling pressure may be exhausted. The firm also cited upward earnings-estimate revisions as a possible catalyst for a near-term rebound. Zacks article on buying the dip in Envista
• Positive Sentiment: Piper Sandler reaffirmed its neutral rating but set a $28 price target, implying meaningful upside from the recent trading level. Benzinga analyst rating report
• Positive Sentiment: Additional Zacks commentary highlighted Envista as a potential value stock, which may attract investors following the recent pullback. Zacks value-stock analysis

Insider Transactions at Envista

In other Envista news, SVP Mischa Reis sold 8,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $27.50, for a total transaction of $220,000.00. Following the sale, the senior vice president owned 27,321 shares of the company’s stock, valued at $751,327.50. This represents a 22.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Envista

Institutional investors and hedge funds have recently made changes to their positions in the company. GSA Capital Partners LLP bought a new stake in Envista in the second quarter valued at about $2,039,000. Pzena Investment Management LLC bought a new position in shares of Envista during the second quarter worth $30,494,000. SummitTX Capital L.P. acquired a new position in shares of Envista in the 1st quarter valued at $4,268,000. Dimensional Fund Advisors LP increased its position in shares of Envista by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,780,948 shares of the company’s stock valued at $248,130,000 after buying an additional 152,488 shares in the last quarter. Finally, Corient Private Wealth LP bought a new stake in shares of Envista in the second quarter worth about $17,905,000.

Envista Stock Down 1.3%

NVST opened at $23.38 on Wednesday. The company has a current ratio of 2.43, a quick ratio of 2.07 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 40.31, a P/E/G ratio of 1.13 and a beta of 0.86. The business has a 50 day moving average of $26.96 and a 200-day moving average of $26.05. Envista has a 1-year low of $18.77 and a 1-year high of $30.42.

Envista (NYSE:NVST) last released its earnings results on Wednesday, August 5th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Envista had a return on equity of 7.88% and a net margin of 3.33%.The business had revenue of $730.50 million for the quarter, compared to the consensus estimate of $716.11 million. During the same period last year, the business earned $0.26 earnings per share. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. Envista has set its FY 2026 guidance at 1.500-1.550 EPS. As a group, sell-side analysts anticipate that Envista will post 1.53 earnings per share for the current year.

Envista Company Profile

Envista Holdings Corporation is a global dental products and technologies company headquartered in Brea, California. The company develops, manufactures and markets products used by dentists, dental specialists, dental laboratories and other oral-care professionals.

Envista’s portfolio includes dental imaging and diagnostic systems, digital dentistry and CAD/CAM solutions, dental implants, orthodontic brackets and wires, clear aligner products, endodontic instruments, restorative materials, infection-prevention products and other dental consumables.