William Blair Estimates Envista’s Q4 Earnings (NYSE:NVST)

Envista Holdings Co. (NYSE:NVST) – Research analysts at William Blair decreased their Q4 2024 earnings estimates for Envista in a research report issued on Thursday, October 31st. William Blair analyst B. Vazquez now forecasts that the company will post earnings of $0.27 per share for the quarter, down from their prior forecast of $0.29. The consensus estimate for Envista’s current full-year earnings is $0.69 per share. William Blair also issued estimates for Envista’s Q1 2026 earnings at $0.32 EPS, Q2 2026 earnings at $0.34 EPS and Q3 2026 earnings at $0.33 EPS.

A number of other research firms also recently issued reports on NVST. Needham & Company LLC restated a “hold” rating on shares of Envista in a research report on Thursday. Stifel Nicolaus upped their price objective on shares of Envista from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company initiated coverage on shares of Envista in a research report on Tuesday, October 8th. They set an “equal weight” rating and a $20.00 price target for the company. Evercore ISI upped their price target on shares of Envista from $18.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, September 23rd. Finally, Leerink Partnrs upgraded shares of Envista from a “strong sell” rating to a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Envista has an average rating of “Hold” and a consensus price target of $20.71.

Envista Trading Down 0.1 %

NYSE NVST opened at $20.94 on Friday. The company has a market capitalization of $3.60 billion, a PE ratio of -2.69 and a beta of 1.32. The company has a fifty day moving average of $18.64 and a 200 day moving average of $18.08. Envista has a 1 year low of $15.15 and a 1 year high of $25.64. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.22 and a quick ratio of 1.90.

Envista (NYSE:NVST) last posted its earnings results on Wednesday, October 30th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $601.00 million during the quarter, compared to the consensus estimate of $590.34 million. Envista had a negative net margin of 53.42% and a positive return on equity of 3.59%. The firm’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share.

Insider Activity

In related news, CFO Eric D. Hammes acquired 24,532 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were purchased at an average cost of $16.33 per share, for a total transaction of $400,607.56. Following the acquisition, the chief financial officer now owns 24,532 shares in the company, valued at $400,607.56. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Envista

A number of hedge funds have recently added to or reduced their stakes in NVST. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Envista in the 3rd quarter valued at $31,000. GAMMA Investing LLC raised its holdings in shares of Envista by 69.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,766 shares of the company’s stock valued at $35,000 after purchasing an additional 726 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Envista by 69.7% in the 3rd quarter. Blue Trust Inc. now owns 1,957 shares of the company’s stock valued at $39,000 after purchasing an additional 804 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Envista by 50.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,161 shares of the company’s stock valued at $43,000 after purchasing an additional 728 shares in the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of Envista by 1,420.3% in the 2nd quarter. Versant Capital Management Inc now owns 3,147 shares of the company’s stock valued at $52,000 after purchasing an additional 2,940 shares in the last quarter.

About Envista

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.