Envista Holdings (Envista Holdings) Momentum Rank : 2 (As of May. 11, 2024)

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What is Envista Holdings Momentum Rank?

Envista Holdings has the Momentum Rank of 2.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Envista Holdings's Momentum Rank

For the Medical Instruments & Supplies subindustry, Envista Holdings's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Envista Holdings's Momentum Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Envista Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Envista Holdings's Momentum Rank falls into.

Envista Holdings Momentum Rank Related Terms

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Envista Holdings (Envista Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Envista Holdings Corp (NYSE:NVST) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0HV:Germany 0HV:Germany

Address

200 S. Kraemer Boulevard, Building E, Brea, CA, USA, 92821

Website

https://www.envistaco.com

Envista Holdings Corp is a dental products company. It develops, manufactures, and markets portfolios of dental consumables, equipment, and services to dental professionals. The company's business consists of two segments comprising Specialty Products and Technologies and Equipment and Consumables. The Company's Specialty Products & Technologies segment develops, manufactures, and markets dental implant systems, including regenerative solutions, dental prosthetics, and associated treatment software and technologies, as well as orthodontic bracket systems, aligners, and lab products. The Company's Equipment & Consumables segment manufactures dental equipment and supplies used in dental offices, including digital imaging systems, software and other visualization/magnification systems.

Executives

Eric Conley	officer: SVP, Orthodontics	200 S. KRAEMER BLVD, BLDG E, BREA CA 92821
Mark E Nance	officer: Senior Vice President, GC, Sec	1333 S SPECTRUM BLVD #100, CHANDLER AZ 85286
Stephen Keller	officer: Principal Financial Officer	200 S. KRAEMER BLVD., BUILDING E, BREA CA 92821
Amir Aghdaei	director, officer: PRESIDENT AND CEO	C/O CREDENCE SYSTEMS CORPORATION, 1421 CALIFORNIA CIRCLE, MILPITAS CA 95035
Faez C Kaabi	officer: Chief Accounting Officer	200 S. KRAEMER BLVD., BUILDING E, BREA CA 92821
Howard H Yu	officer: SENIOR VICE PRESIDENT, CFO	250 S. KRAEMER BLVD., BREA CA 92821
Mischa Reis	officer: SENIOR VICE PRESIDENT	C/O ENVISTA HOLDINGS CORPORATION, 200 S. KRAEMER BLVD, BLDG. E, BREA CA 92821
Curt W Bludworth	officer: SENIOR VICE PRESIDENT, CHRO	250 S. KRAEMER BLVD., BREA CA 92821
Barbara B. Hulit	director	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Jeffrey Kappler	officer: SENIOR VICE PRESIDENT	C/O ENVISTA HOLDINGS CORPORATION, 200 S. KRAEMER BLVD, BLDG. E, BREA CA 92821
Teresa Gayle Sheppard	director	C/O ENVISTA HOLDINGS CORPORATION, 200 S. KRAEMER BLVD., BLDG. E, BREA CA 92821
Vivek Jain	director	ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Jean-claude Kyrillos	officer: Senior Vice President	C/O ENVISTA HOLDINGS CORPORATION, 200 S. KRAEMER BLVD., BLDG. E, BREA CA 92821
Kieran Gallahue	director	PO BOX 684369, PARK CITY UT 84068
William K Daniel	director	2135 WEST MAPLE ROAD, TROY MI 48084