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Added to YB: 2024-08-12

Pitch date: 2024-06-30

NVST [bullish]

Envista Holdings Corporation

+31.24%

current return

Author Info

No bio for this author

Company Info

Envista Holdings Corporation, together with its subsidiaries, develops, manufactures, markets, and sells dental products in the United States, China, and internationally.

Market Cap

$3.1B

Pitch Price

$16.74

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.92

P/E

220.32

EV/Sales

1.37

Sector

Health Care Equipment and Supplies

Category

turnaround

Show full summary:
Ariel Investments Small/Mid Cap Value Portfolio Holding: Envista Holdings Corporation

NVST: Dental manufacturer facing mgmt change, weak N. America demand, Russia sanctions, China pricing pressure. Stock rangebound near-term. Long-term potential: R&D pipeline, new products in high-growth segments, facility consolidation, IT investments. New CEO assessing earnings power. Downside priced in, evaluating upside.

Read full article (1 min)