Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Morgan Stanley Stick to Their Hold Rating for Envista Holdings Corp

Published 12/15/2020, 04:20 PM
Updated 12/15/2020, 04:20 PM


Morgan Stanley (NYSE:MS) analyst David Lewis maintained a Hold rating on Envista Holdings (NYSE:NVST) Corp on Tuesday, setting a price target of $36, which is approximately 17.46% above the present share price of $30.65.

Lewis expects Envista Holdings Corp to post earnings per share (EPS) of $0.22 for the fourth quarter of 2020.

The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Envista Holdings, with an average price target of $31.4.
The analysts price targets range from a high of $36 to a low of $28.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $640.5 million and a net profit of $69.4 million. The company's market cap is $4.93 billion.

According to TipRanks.com, Morgan Stanley analyst David Lewis is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.1% and a 70.00% success rate.

Envista Holdings Corp. manufactures and markets dental products for diagnosing, treating and preventing dental conditions. The firm operates through the following segments; Specialty Products & Technologies, and Equipment & Consumables. The Specialty Products & Technologies segment develops, manufactures and markets dental implant systems, dental prosthetics and associated treatment software and technologies, as well as orthodontic bracket systems, aligners and lab products. The Equipment & Consumables segments develops, manufactures and markets dental equipment and supplies used in dental offices, including digital imaging systems, software and other visualization/magnification systems; handpieces and associated consumables; treatment units and other dental practice equipment; endodontic systems and related consumables; restorative materials and instruments, rotary burs, impression materials, bonding agents and cements and infection prevention products. It offers dental consumables, equipment, and services to dental professionals. The company was founded on August 29, 2018 and is headquartered in Brea, CA.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.