Why Envista (NVST) Stock Is Trading Up Today

What Happened?

Shares of dental products company Envista Holdings (NYSE:NVST) jumped 13.5% in the morning session after the company reported fourth-quarter financial results that significantly beat Wall Street's expectations for both revenue and earnings. 

The maker of dental products posted adjusted earnings of 38 cents per share, a 58% increase from the prior year, surpassing analyst estimates. Revenue for the period came in at $750.6 million, also beating forecasts. Looking ahead, Envista provided an optimistic outlook, expecting full-year earnings in the range of $1.35 to $1.45 per share. The midpoint of this guidance also came in ahead of Wall Street's projections, adding to investor confidence.

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What Is The Market Telling Us

Envista’s shares are somewhat volatile and have had 13 moves greater than 5% over the last year. But moves this big are rare even for Envista and indicate this news significantly impacted the market’s perception of the business.

The biggest move we wrote about over the last year was 6 months ago when the stock gained 8.2% on the news that the company reported second-quarter results that surpassed analyst estimates and raised its full-year financial outlook. The company posted revenue of $682 million and adjusted earnings per share of $0.26, both of which topped Wall Street's expectations. This performance stemmed from accelerated growth across its business segments, and its Specialty Products & Technologies division showed particular strength. In light of the strong results, Envista lifted its full-year guidance for 2025. The company increased its adjusted earnings per share outlook to a range of $1.05 to $1.15 and its core sales growth forecast to between 3% and 4%.

Envista is up 31.6% since the beginning of the year, and at $28.55 per share, has set a new 52-week high. Investors who bought $1,000 worth of Envista’s shares 5 years ago would now be looking at an investment worth $730.69.

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