Enovis Corp

Company Profile

Enovis Corp had its IPO on 2008-05-08 under the ticker symbol ENOV.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. Enovis Corp has a staff strength of 6,800 employees.

Stock update

Shares of Enovis Corp opened at $54.54 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $54.13 - $55.06, and closed at $54.61.

This is a -0.11% slip from the previous day's closing price.

A total volume of 329,176 shares were traded at the close of the day’s session.

In the last one week, shares of Enovis Corp have slipped by -3.35%.

Enovis Corp's Key Ratios

Enovis Corp has a market cap of $3.02 billion, indicating a price to book ratio of 0.878 and a price to sales ratio of 0.7335.

In the last 12-months Enovis Corp’s revenue was $1.59 billion with a gross profit of $883.89 million and an EBITDA of $196.72 million. The EBITDA ratio measures Enovis Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Enovis Corp’s operating margin was -0.56% while its return on assets stood at -0.09% with a return of equity of -0.57%.

In Q1, Enovis Corp’s quarterly earnings growth was a positive 153.1% while revenue growth was a positive 8.2%.

Enovis Corp’s PE and PEG Ratio

Forward PE

22.0264

Trailing PE

0

PEG

1.0958

Its diluted EPS in the last 12-months stands at $-0.46 per share while it has a forward price to earnings multiple of 22.0264 and a PEG multiple of 1.0958. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Enovis Corp’s profitability.

Enovis Corp stock is trading at a EV to sales ratio of 0.8191 and a EV to EBITDA ratio of 5.7863. Its price to sales ratio in the trailing 12-months stood at 0.7335.

Enovis Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.30 billion

Total Liabilities

$349.50 million

Operating Cash Flow

$-34385000.00

Capital Expenditure

$30.44 million

Dividend Payout Ratio

0%

Enovis Corp ended 2024 with $4.30 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.30 billion while shareholder equity stood at $3.44 billion.

Enovis Corp ended 2024 with $0 in deferred long-term liabilities, $349.50 million in other current liabilities, 54000.00 in common stock, $552.38 million in retained earnings and $1.99 billion in goodwill. Its cash balance stood at $21.90 million and cash and short-term investments were $21.90 million. The company’s total short-term debt was $23,116,000 while long-term debt stood at $285.00 million.

Enovis Corp’s total current assets stands at $833.11 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $280.75 million compared to accounts payable of $151.74 million and inventory worth $438.96 million.

In 2024, Enovis Corp's operating cash flow was $-34385000.00 while its capital expenditure stood at $30.44 million.

Comparatively, Enovis Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$54.61

52-Week High

$67.23

52-Week Low

$43.88

Analyst Target Price

$66.8

Enovis Corp stock is currently trading at $54.61 per share. It touched a 52-week high of $67.23 and a 52-week low of $67.23. Analysts tracking the stock have a 12-month average target price of $66.8.

Its 50-day moving average was $59.65 and 200-day moving average was $57.56 The short ratio stood at 4.24 indicating a short percent outstanding of 0%.

Around 882.7% of the company’s stock are held by insiders while 9853.3% are held by institutions.