Enovis Corp (NYSE: ENOV) is -24.68% lower on its value in year-to-date trading and has touched a low of $29.32 and a high of $53.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ENOV stock was last observed hovering at around $33.08 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $33.05, the stock is -1.41% and -7.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing -0.09% at the moment leaves the stock -21.52% off its SMA200. ENOV registered -36.73% loss for a year compared to 6-month loss of -23.69%.
The stock witnessed a -3.42% gain in the last 1 month and extending the period to 3 months gives it a -24.89%, and is -6.37% 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 4.40% over the week and 4.17% over the month.
Enovis Corp (ENOV) has around 7367 employees, a market worth around $1.89B and $2.15B in sales. Fwd P/E is 9.50. Profit margin for the company is -37.65%. Distance from 52-week low is 12.74% and -38.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.06%).
The EPS is expected to grow by 7.52% this year.
Enovis Corp (ENOV) Top Institutional Holders
The shares outstanding are 57.12M, and float is at 56.12M with Short Float at 10.48%.
The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 6.64 million shares valued at $300.23 million. The investor’s holdings represent 12.1086% of the ENOV Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.43 million shares valued at $245.31 million to account for 9.8937 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.35 million shares representing 9.7557% and valued at over $241.89 million, while DIMENSIONAL FUND ADVISORS LP holds 5.7509 of the shares totaling 3.15 million with a market value of $142.59 million.
Enovis Corp (ENOV) Insider Activity
#####
