Envista Holdings Intrinsic Value Calculation – Profit Investment Management LLC significantly reduces holdings in Envista Holdings Co. in third quarter

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Envista Holdings ($NYSE:NVST) Co. is a global leader in dental products, technologies, and services. The company offers a wide range of products such as dental implants, orthodontics, imaging systems, and software solutions to help dental professionals deliver better patient care. The company’s stock has been on the rise over the past few years, making it an attractive investment option for many investors. This news has garnered significant attention in the investment community and has raised questions about the future prospects of Envista Holdings Co. Firstly, it could be a strategic move by the investment firm to balance its portfolio and reduce its exposure to a particular stock. Although Envista Holdings Co. has been performing well over the past few years, the company’s stock price has experienced some volatility in recent months. This indicates that the investment firm still has confidence in the long-term prospects of Envista Holdings Co. and is not completely divesting from the company.

However, it should be noted that this move does not necessarily indicate a lack of confidence in the company’s future performance. As with any investment decision, it is important to carefully consider all factors and monitor the company’s performance before making any significant changes to one’s investment portfolio.

Price History

This news caused a small increase in the value of ENVISTA HOLDINGS stock, which opened at $17.93 and closed at $18.13, representing a 1.17% increase from the previous day’s closing price of 17.92. Profit Investment Management LLC, a well-known investment firm, is known for actively managing its portfolio and making strategic moves in the market. This move by Profit Investment Management LLC may have been influenced by various factors, such as changes in market trends or the company’s financial performance. As an investment firm, they constantly assess their holdings and make changes as needed to ensure the best returns for their clients. Envista Holdings Co., a global leader in dental and healthcare products, has recently faced some challenges in the market. In July, their second-quarter earnings report showed a decline in revenue and net income compared to the same period last year. This could have played a role in Profit Investment Management LLC’s decision to reduce their holdings in the company.

However, despite this news, ENVISTA HOLDINGS stock has been steadily increasing over the past few months. This could explain why the decrease in holdings did not have a significant impact on the stock’s value. It is worth noting that, although Profit Investment Management LLC has reduced its holdings in Envista Holdings Co., they still hold a considerable stake in the company. This shows that they still have confidence in the company’s long-term growth potential. Overall, while the reduction in holdings by Profit Investment Management LLC may have caused a slight increase in ENVISTA HOLDINGS stock, it is important to consider the various factors and potential motivations behind their decision. As always, it is advisable for investors to conduct their own research and make informed decisions when it comes to their investments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Envista Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Envista Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Envista Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Envista Holdings are shown below. More…

Analysis – Envista Holdings Intrinsic Value Calculation

As an independent analysis firm, GoodWhale recently conducted a thorough review of ENVISTA HOLDINGS and its overall wellness as a company. Our goal was to determine the intrinsic value of ENVISTA HOLDINGS shares and assess whether the current market value is a good investment opportunity. After conducting our analysis, we have determined that the intrinsic value of ENVISTA HOLDINGS shares is approximately $35.9. This value was calculated using our proprietary Valuation Line, which takes into account various factors such as financial performance, market trends, and industry comparisons. This indicates that ENVISTA HOLDINGS shares are currently undervalued by approximately 49.5%. With the current market price of ENVISTA HOLDINGS stock at $18.13, we believe that this presents a significant investment opportunity for potential buyers. The undervaluation of almost 50% suggests that there is potential for significant growth in the future, as the market eventually realizes the true value of the company. In conclusion, our analysis has shown that ENVISTA HOLDINGS is a company with strong intrinsic value and potential for growth in the market. We recommend further research and consideration for investors looking to capitalize on this undervaluation opportunity. More…

Peers

Its main competitors are Medikit Co Ltd, Nihon Kohden Corp, and Fukuda Denshi Co Ltd. Envista has a strong market presence in the US, Europe, and Asia Pacific.

– Medikit Co Ltd ($TSE:7749)

As of 2022, Medikit Co Ltd has a market cap of 41.17B and a Return on Equity of 6.14%. The company produces and sells medical equipment and supplies. It offers a wide range of products, including medical devices, pharmaceuticals, and over-the-counter drugs. Medikit also provides services, such as medical examinations and consultations.

– Nihon Kohden Corp ($TSE:6849)

Nihon Kohden is a Japanese manufacturer of medical equipment, with a particular focus on patient monitoring systems. The company has a market cap of 278.79B as of 2022 and a return on equity of 13.19%. Nihon Kohden has a long history, dating back to 1951, and has been a leading player in the medical equipment industry for many years. The company’s products are used in hospitals and clinics around the world, and it has a strong reputation for quality and reliability.

– Fukuda Denshi Co Ltd ($TSE:6960)

Fukuda Denshi Co Ltd is a Japanese company that manufactures and sells medical equipment. The company has a market cap of 138.83B as of 2022 and a Return on Equity of 9.95%. Fukuda Denshi is a leading manufacturer of medical equipment and supplies, and its products are used in hospitals and clinics around the world. The company’s products include medical imaging devices, patient monitors, and medical electronics.

Summary

Profit Investment Management LLC decreased their holdings in ENVISTA HOLDINGS CO. by almost 38% in the 3rd quarter. This suggests that the firm may not have a positive outlook on the company’s performance in the near future. As an investor, it is important to pay attention to changes in institutional holdings, as they can provide valuable insight into the market sentiment towards a particular stock. It may be beneficial to conduct further analysis on ENVISTA HOLDINGS CO. to determine if it aligns with your investment goals and risk tolerance.