There wasn't too much excitement in Envista today which only managed to move up 0.54% on the day.
Currently NVST isn't at a clear support/resistance line that seems tradable. Envista hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. NVST may hit some resistance around the 20.64 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.
Overall, the analysts have a more negative view on Envista but it's not a very strong negative. The current Analysts Sentiment Score is -25.68. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-05-03 The Goldman Sachs Group lowered their price target by -12.5% to $17.50. Needham & Company LLC announced that they are reiterating a rating of Hold on 2024-05-02. JPMorgan Chase & Co. provided a price target decease of -20.69% to $23.00 from $29.00 on 2024-05-02. Robert W. Baird provided a price target decease of -13.64% to $19.00 from $22.00 on 2024-05-02. On 2024-04-26 Morgan Stanley downgraded Envista from Overweight to Equal Weight and decided to decrease their price target by -36.36% down to $21.00. On 2024-02-26 SVB Leerink started covering Envista with a rating of Underperform and they set their price target at $19.00.Leerink Partnrs reiterated a rating of Underperform on 2024-02-26. Jefferies Financial Group downgraded from Buy to Hold on 2024-02-09 and they lowered their price target by -23.33% to $23.00 from a previous target of $30.00. William Blair downgraded from Outperform to Market Perform on 2024-02-08. UBS Group initiated a rating of Neutral on 2024-01-05 and provided a price target of $26.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| NVST | -25.68 | 0 | -29.42 | 0.65 | -22.6 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| NVST | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| NVST | 4.96 | %6.03582 | 4.7 | -11.616 | 9740000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| NVST |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TXT | Textron, Inc. | 0.92 | 0.71 | -4.92 | 0.45 | -9.15 | -6.71 | 5.25 | 70 | 0.01 | 1.40 | 2.89 | -1596.91 | -17660.32 | 0 | 0 | 2.47718 |
| MAN | ManpowerGroup | 0.87 | 0.00 | -4.37 | -5.08 | -17.33 | -19.10 | -19.82 | 44 | -18.79 | -29.96 | -29.35 | -20003.41 | -1052.18 | 0 | 0 | 2.91234 |
| ESI | Element Solutions Inc. | 0.82 | 0.00 | -1.88 | 2.71 | 5.64 | 16.04 | 35.77 | 64 | 18.46 | 21.91 | 34.03 | -519.70 | -36499.03 | 0 | 0 | 2.40549 |
| HWM | Howmet Aerospace Inc. | 0.82 | 1.81 | 4.31 | 17.37 | 22.36 | 43.29 | 127.03 | 77 | 113.98 | 80.75 | 166.43 | 0.00 | -53173.66 | 0 | 0 | 1.16238 |
| TEL | TE CONNECTIVITY LTD | 0.8 | 0.59 | -3.54 | 0.65 | -2.26 | -1.45 | 13.09 | 65 | 4.58 | 8.38 | 11.17 | -403.16 | -23148.27 | 0 | 0 | 0.732096 |
| ACLS | Axcelis Technologies Inc | 0.8 | 1.07 | -9.96 | -21.05 | -34.87 | -35.02 | -44.18 | 23 | -144.39 | -29.83 | -47.45 | -38948.54 | 0.00 | 0 | 0 | 3.85168 |
| MU | Micron Technology, Inc. | 0.79 | 0.65 | -0.82 | -7.94 | 3.70 | -22.10 | 28.24 | 40 | -3.46 | -1.36 | -0.37 | -4710.06 | 178.11 | 0 | 0 | 1.66961 |
| MKSI | MKS Instruments Inc | 0.79 | -0.03 | -4.05 | 9.03 | -6.80 | -15.70 | 42.85 | 73 | -15.65 | -12.24 | -13.57 | -5182.96 | -7473.47 | 0 | 0 | 4.29813 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
