With 4.79 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.17 million shares. The 52-week range on NVST shows that it touched its highest point at $23.00 and its lowest point at $15.15 during that stretch. It currently has a 1-year price target of $22.08. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NVST was down-trending over the past week, with a drop of -12.01%, but this was down by -8.89% over a month. Three-month performance dropped to -18.17% while six-month performance fell -0.11%. The stock lost -12.81% in the past year, while it has lost -5.44% so far this year. A look at the trailing 12-month EPS for NVST yields -6.50 with Next year EPS estimates of 1.20. For the next quarter, that number is 0.21. This implies an EPS growth rate of 36.79% for this year and 20.27% for next year.
Float and Shares Shorts:
At present, 172.20 million NVST shares are outstanding with a float of 169.25 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NVST since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.76447 being high and $0.67512 being low. For NVST, this leads to a yearly average estimate of $0.71483. Based on analyst estimates, the high estimate for the next quarter is $0.26 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.23.
Summary of Insider Activity:
Insiders traded NVST stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
