There wasn't too much excitement in Envista today which only managed to move up 0.51% on the day.
Currently NVST isn't at a clear support/resistance line that seems tradable. Envista hasn't shown a lot of strength recently, shareholders don't seem that energized about the asset's future prospects. NVST might find some support at the 32.56 level, buyers might push the price back up from here. But it's not very clear what will happen.
Analysts are very concerned for the future of Envista and are providing negative ratings. This may coincide with future price drops. The current Analysts Sentiment Score is -109.43. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-02-26 SVB Leerink started covering Envista with a rating of Underperform and they set their price target at $19.00.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. The Goldman Sachs Group downgraded from Buy to Sell on 2023-12-11 and provided a price target of $22.00. Needham & Company LLC announced that they are initiating coverage with a rating of Hold on 2023-11-16. Piper Sandler downgraded from Overweight to Neutral on 2023-11-02 and decided to decrease their price target by -35.9% down to $25.00. JPMorgan Chase & Co. provided a price target decease of -23.81% to $32.00 from $42.00 on 2023-11-02. Morgan Stanley announced a lowering of their price target to $38.00 from $42.00 on 2023-11-02. On 2023-11-01 Stifel Nicolaus lowered their price target by -20% to $36.00.
Company | Ratings Score
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Composite analyst sentiment score
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Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
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NVST | -109.43 | 0 | -161.6 | 6.06 | -63.32 |
Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
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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)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
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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) |
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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 | 0.24 | -1.78 | -12.08 | -3.12 | 11.82 | 27.49 | 84 | 119.41 | 49.75 | 65.73 | 0.00 | -57638.78 | 150 | 0 | 2.47718 |
MAN | ManpowerGroup | 0.87 | 0.93 | 0.03 | 2.21 | 4.81 | 9.01 | 3.86 | 42 | -0.99 | -1.67 | -2.56 | -19495.68 | -756.02 | 0 | 0 | 2.91234 |
ESI | Element Solutions Inc. | 0.82 | 1.05 | -1.19 | -4.63 | 4.45 | 30.12 | 29.83 | 64 | 157.72 | 39.35 | 54.12 | 0.00 | -25263.19 | 0 | 0 | 2.40549 |
HWM | Howmet Aerospace Inc. | 0.82 | 15.17 | 15.83 | 14.69 | 30.16 | 71.98 | 72.06 | 37 | 176.77 | 71.76 | 82.46 | -525.00 | -40053.45 | 0 | 0 | 1.16238 |
TEL | TE CONNECTIVITY LTD | 0.8 | -1.06 | -1.59 | -4.61 | -2.83 | 12.30 | 13.64 | 35 | 5.47 | 19.50 | 27.14 | -3865.40 | -22108.82 | 0 | 0 | 0.732096 |
ACLS | Axcelis Technologies Inc | 0.8 | 3.84 | 2.47 | 0.35 | -19.68 | -17.17 | -13.87 | 31 | -51.10 | -54.92 | -27.87 | -15669.61 | 169.99 | 0 | 0 | 3.85168 |
MU | Micron Technology, Inc. | 0.79 | 1.07 | -3.46 | -10.28 | 30.17 | 59.76 | 82.02 | 43 | 106.51 | 108.36 | 68.56 | -1225.00 | -28719.22 | 0 | 0 | 1.66961 |
MKSI | MKS Instruments Inc | 0.79 | 2.14 | -2.61 | -8.53 | 8.85 | 78.72 | 42.42 | 35 | 159.69 | 33.30 | 43.92 | -1707.81 | -12951.98 | 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.