Enovis Corp (NYSE: ENOV) is -44.50% lower on its value in year-to-date trading and has touched a low of $26.00 and a high of $49.83 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 $26.29 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $26.3, the stock is -17.78% and -19.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing 0.04% at the moment leaves the stock -33.06% off its SMA200. ENOV registered -40.06% loss for a year compared to 6-month loss of -42.16%. The firm has a 50-day simple moving average (SMA 50) of $32.6946 and a 200-day simple moving average (SMA200) of $39.37145.
The stock witnessed a -14.22% gain in the last 1 month and extending the period to 3 months gives it a -17.71%, and is -17.71% 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 7.79% over the week and 5.07% over the month.
Enovis Corp (ENOV) has around 7367 employees, a market worth around $1.50B and $2.15B in sales. Fwd P/E is 7.70. Profit margin for the company is -37.65%. Distance from 52-week low is 1.15% and -47.22% 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 6.89% this year.
Enovis Corp (ENOV) Top Institutional Holders
388.0 institutions hold shares in Enovis Corp (ENOV), with institutional investors hold 119.74% of the company’s shares. The shares outstanding are 57.12M, and float is at 55.91M with Short Float at 14.18%. Institutions hold 117.90% of the Float.
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
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