Enovis Corp Stock Buy Hold or Sell Recommendation

ENOV Stock  USD 37.05  1.24  3.46%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Enovis Corp is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Enovis Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Enovis Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Enovis Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Enovis Stock please use our How to Invest in Enovis Corp guide.
Note, we conduct extensive research on individual companies such as Enovis and provide practical buy, sell, or hold advice based on investors' constraints. Enovis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Execute Enovis Corp Buy or Sell Advice

The Enovis recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Enovis Corp. Macroaxis does not own or have any residual interests in Enovis Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Enovis Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Enovis CorpBuy Enovis Corp
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Enovis Corp has a Mean Deviation of 1.75, Standard Deviation of 2.2 and Variance of 4.85
Enovis Corp advice module can be used to check and cross-verify current investment recommendation provided by analysts reviewing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Enovis Corp is not overpriced, please confirm all Enovis Corp fundamentals, including its cash per share, and the relationship between the price to sales and short ratio . Given that Enovis Corp has a number of shares shorted of 5.55 M, we urge you to verify Enovis Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Enovis Corp Trading Alerts and Improvement Suggestions

Enovis Corp generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 2.11 B. Net Loss for the year was (824.82 M) with profit before overhead, payroll, taxes, and interest of 1.25 B.
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Bradley Tandy of 6366 shares of Enovis Corp subject to Rule 16b-3

Enovis Corp Returns Distribution Density

The distribution of Enovis Corp's historical returns is an attempt to chart the uncertainty of Enovis Corp's future price movements. The chart of the probability distribution of Enovis Corp daily returns describes the distribution of returns around its average expected value. We use Enovis Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Enovis Corp returns is essential to provide solid investment advice for Enovis Corp.
Mean Return
-0.36
Value At Risk
-4.99
Potential Upside
2.92
Standard Deviation
2.20
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Enovis Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Enovis Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument, such as Enovis Corp, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Enovis Corp back and forth among themselves.
Shares
Citadel Advisors Llc2024-12-31
994.3 K
Bank Of America Corp2024-12-31
992.6 K
Geode Capital Management, Llc2024-12-31
923.7 K
Ubs Group Ag2024-12-31
871.2 K
Morgan Stanley - Brokerage Accounts2024-12-31
830.8 K
Magnetar Financial Llc2024-12-31
737.7 K
Royal Bank Of Canada2024-12-31
707.4 K
Artemis Investment Management Llp2024-12-31
665.9 K
Hood River Capital Management Llc2024-12-31
661.4 K
T. Rowe Price Investment Management,inc.2024-12-31
6.2 M
Blackrock Inc2024-12-31
5.7 M
Note, although Enovis Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Enovis Corp Cash Flow Accounts

202020212022202320242025 (projected)
Change To Inventory23.8M(130.0M)(118.8M)(24.7M)39.1M41.0M
Change In Cash(8.6M)618.3M(695.1M)20.5M3.3M3.5M
Free Cash Flow187.2M251.9M(161.3M)12.8M(67.2M)(63.8M)
Depreciation246.2M262.9M219.7M217.1M284.8M145.6M
Other Non Cash Items5.2M20.8M(88.6M)(28.2M)633.9M665.6M
Capital Expenditures114.8M104.2M105.5M122.2M180.7M189.7M
Net Income45.8M76.3M(11.8M)(33.3M)(824.8M)(783.6M)
End Period Cash Flow101.1M719.4M24.3M44.8M48.2M45.8M
Investments(175.1M)(320.5M)(176.4M)(220.2M)(955.5M)(907.7M)
Net Borrowings1.1B(118.3M)(126.0M)(1.6B)(1.4B)(1.4B)
Change To Netincome558.7M13.7M41.4M61.1M55.0M104.4M

Enovis Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Enovis Corp or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Enovis Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Enovis stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.24
β
Beta against Dow Jones1.18
σ
Overall volatility
2.27
Ir
Information ratio -0.12

Enovis Corp Volatility Alert

Enovis Corp exhibits very low volatility with skewness of -0.49 and kurtosis of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Enovis Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Enovis Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Enovis Corp Fundamentals Vs Peers

Comparing Enovis Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Enovis Corp's direct or indirect competition across all of the common fundamentals between Enovis Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Enovis Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Enovis Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Enovis Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Enovis Corp to competition
FundamentalsEnovis CorpPeer Average
Return On Equity-0.28-0.31
Return On Asset0.0073-0.14
Profit Margin(0.39) %(1.27) %
Operating Margin0.07 %(5.51) %
Current Valuation3.47 B16.62 B
Shares Outstanding56.96 M571.82 M
Shares Owned By Insiders1.18 %10.09 %
Shares Owned By Institutions99.06 %39.21 %
Number Of Shares Shorted5.55 M4.71 M
Price To Earning9.48 X28.72 X
Price To Book0.80 X9.51 X
Price To Sales1.00 X11.42 X
Revenue2.11 B9.43 B
Gross Profit1.25 B27.38 B
EBITDA(827.42 M)3.9 B
Net Income(824.82 M)570.98 M
Cash And Equivalents358.68 M2.7 B
Cash Per Share6.63 X5.01 X
Total Debt72.49 M5.32 B
Debt To Equity0.15 %48.70 %
Current Ratio1.33 X2.16 X
Book Value Per Share45.86 X1.93 K
Cash Flow From Operations113.5 M971.22 M
Short Ratio7.96 X4.00 X
Earnings Per Share(14.98) X3.12 X
Price To Earnings To Growth1.90 X4.89 X
Target Price64.5
Number Of Employees7.37 K18.84 K
Beta2.15-0.15
Market Capitalization2.11 B19.03 B
Total Asset4.72 B29.47 B
Retained Earnings(283.02 M)9.33 B
Working Capital617.45 M1.48 B
Note: Acquisition by Bradley Tandy of 6366 shares of Enovis Corp subject to Rule 16b-3 [view details]

Enovis Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Enovis . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Enovis Corp Buy or Sell Advice

When is the right time to buy or sell Enovis Corp? Buying financial instruments such as Enovis Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Enovis Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Additional Tools for Enovis Stock Analysis

When running Enovis Corp's price analysis, check to measure Enovis Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to predict the probability of Enovis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.