Professional
Added to YB: 2024-03-18
Pitch date: 2023-12-31
NVST [bullish]
Envista Holdings Corporation
-8.5%
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
$24.01
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
Ariel Small Cap Value Portfolio Holding: Envista Holdings Corporation
NVST: Shares fell on weak earnings; challenges in Russia, China VBP, and soft NA dental equipment/implant demand. Reduced '23 outlook, but long-term upside from R&D pipeline, new products, M&A execution, and operational efficiency. Expect re-rating & multiple expansion vs peers.
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