Enovis Corporation (NYSE: ENOV) suffers from important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Enovis Corporation (NYSE: ENOV) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ENOV is expected to continue to be a modest Value Builder.
Enovis has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Enovis has a neutral Power Rating of 45 and a neutral Appreciation Score of 45, leading to the Low Neutral Value Trend Rating.
Recent Price Action
On 3/19/24, Enovis Corporation (NYSE: ENOV) stock increased 1.3%, closing at $59.48. NORMAL trading volume accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -3.6% during the last week.
Be the first to comment