
NVST Stock Forecast & Price Target
NVST Analyst Ratings
Bulls say
Envista Holdings Corp has demonstrated strong financial performance, highlighted by a gross margin of 57.2%, which marks a significant increase of 470 basis points year-over-year and surpasses consensus expectations. The company's Specialty Products & Technologies segment has shown notable growth, particularly with its orthodontic products, contributing to a positive outlook for core revenue growth expected at 1-3% for the upcoming years. Additionally, there are potential upside drivers such as an improving macro environment, accelerated growth from the Spark line of products, and anticipated margin enhancements, suggesting favorable conditions for future earnings growth.
Bears say
Envista Holdings Corp faces a challenging outlook mainly due to stagnant revenue growth projections, with estimates indicating flat to declining performance in the near term. The company's Specialty Products & Technologies segment reported a significant drop in operating margin, decreasing 390 basis points year-over-year, which reflects underlying profitability issues despite improved margins in the Equipment & Consumables segment. Additionally, the guidance for 2024 core revenue shows minimal growth, hindered by anticipated currency headwinds, while overall adjusted EBITDA margins have declined, suggesting persistent operational pressures.
This aggregate rating is based on analysts' research of Envista Holdings Corp and is not a guaranteed prediction by Public.com or investment advice.
NVST Analyst Forecast & Price Prediction
Start investing in NVST
Order type
Buy in
Order amount
Est. shares
0 shares