Revvity Inc. (NYSE: RVTY) is 13.53% higher on its value in year-to-date trading and has touched a low of $79.50 and a high of $128.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RVTY stock was last observed hovering at around $125.08 in the last trading session, with the day’s loss setting it -0.98%.
Currently trading at $124.10, the stock is 1.15% and 2.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.6 million and changing -0.78% at the moment leaves the stock 12.71% off its SMA200. RVTY registered 15.73% gain for a year compared to 6-month gain of 22.05%. The firm has a 50-day simple moving average (SMA 50) of $121.3702 and a 200-day simple moving average (SMA200) of $110.2178.
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The stock witnessed a 5.50% loss in the last 1 month and extending the period to 3 months gives it a 19.83%, and is -1.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.14% over the week and 2.44% over the month.
Revvity Inc. (RVTY) has around 11500 employees, a market worth around $15.31B and $2.71B in sales. Current P/E ratio is 69.94 and Fwd P/E is 23.92. Profit margin for the company is 8.09%. Distance from 52-week low is 56.10% and -3.16% from its 52-week high. The company has generated returns on investments over the last 12 months (1.96%).
The EPS is expected to grow by 2.25% this year
748.0 institutions hold shares in Revvity Inc. (RVTY), with institutional investors hold 91.00% of the company’s shares. The shares outstanding are 123.43M, and float is at 122.85M with Short Float at 3.54%. Institutions hold 90.75% of the Float.
Revvity Inc. (RVTY) Insider Activity
The most recent transaction is an insider sale by MICHAS ALEXIS P, the company’s Director. SEC filings show that MICHAS ALEXIS P sold 850 shares of the company’s common stock on Aug 15 ’24 at a price of $118.62 per share for a total of $0.1 million. Following the sale, the insider now owns 7770.0 shares.
Still, SEC filings show that on Aug 07 ’24, Goldberg Joel S (Please ) disposed off 3,500 shares at an average price of $117.86 for $0.41 million. The insider now directly holds 33,400 shares of Revvity Inc. (RVTY).
