Should You Continue to Hold NVST Stock in Your Portfolio?

Core Insights - Envista Holdings Corp. is experiencing growth driven by its Specialty Products & Technologies business, particularly the Spark manufacturing technology [1][3] - The company is expanding its global commercial organization, which positions it for future growth through deeper market penetration [1][5] - Envista is actively exploring strategic acquisitions to enhance its portfolio and enter new economic sectors [1][7] Financial Performance - Over the past year, Envista's stock has declined by 18.1%, while the industry fell by 0.6% and the S&P 500 rose by 5.5% [2] - The company has a market capitalization of $2.54 billion and an earnings yield of 6.8%, significantly higher than the industry's 0.1% yield [2] - In the last reported quarter, Envista achieved an earnings surprise of 4.4% [2] Business Segments - The Specialty Products & Technologies business is gaining momentum through the development and marketing of dental implant systems and orthodontic products, with Spark technology contributing to growth [3][4] - The orthodontic business faced challenges in the China market but saw growth in North America and Europe, particularly in the brackets and wire segment [4][6] - Emerging markets, especially Russia, showed strong performance in the consumable business [6] International Expansion - Envista is enhancing patient access to dental care by engaging over 250,000 dental professionals annually through training and education events [5] - The company has established strong global relationships with dental professionals and laboratories, which supports its international market expansion [5] Strategic Acquisitions - Envista is focused on increasing shareholder value through strategic acquisitions, such as the acquisition of Osteogenics Biomedical in 2024 [7][9] - DEXIS, part of Envista's Equipment and Consumables segment, has introduced new offerings that are expected to drive long-term growth [9][10] Challenges - The company is facing adverse macroeconomic conditions, including rising costs due to inflation and geopolitical tensions, which have impacted its operating profit [11] - Foreign exchange fluctuations are affecting Envista's sales and costs, as the company operates in multiple currencies [12] Future Outlook - The Zacks Consensus Estimate for Envista's 2025 earnings per share is $1, with revenues projected at $2.52 billion, indicating a 0.3% increase from the previous year [13]