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Revvity Stock: Is RVTY Underperforming the Healthcare Sector?
Yahoo Financeยท 2025-09-23 18:26
Company Overview - Revvity, Inc. (RVTY) has a market capitalization of $10 billion and is a global provider of health sciences solutions, technologies, and services, offering a wide range of products including instruments, reagents, informatics, software, imaging technologies, DNA sequencing services, and diagnostic platforms for genetic and infectious disease testing [1][2] Stock Performance - Revvity's shares have decreased by 33.1% from their 52-week high of $129.50 and have fallen 8.8% over the past three months, underperforming the Health Care Select Sector SPDR Fund (XLV), which gained 3.7% during the same period [3] - Year-to-date, RVTY stock is down 22.4%, while XLV has experienced a marginal drop. Over the past 52 weeks, Revvity shares have decreased by 29.1%, compared to XLV's 11.2% decline [4] Financial Forecast - On July 28, Revvity's shares fell 8.3% after the company revised its full-year adjusted profit forecast to $4.85 to $4.95 per share, citing weaker demand in China, where diagnostic product sales declined by double digits in Q2 2025 due to new reimbursement policies [5] - The company now expects diagnostics sales growth to be in the low single digits, down from an earlier forecast of mid-single digits [6] Analyst Sentiment - Despite the weak stock performance, analysts maintain a moderately optimistic outlook for Revvity, with a consensus rating of "Moderate Buy" from 18 analysts and a mean price target of $114.62, representing a 33.7% premium to current levels [7]