How to Buy Enovis Stock
Enovis Corp
Enovis is a specialty industrial machinery company located in Maryland, United States, which is part of the Industrials sector, and is traded under the ticker ENOV on the NYSE exchange.
Enovis stock last closed at $47.63, down 0.52% from the previous day, and has decreased 3.97% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.32 percentage points. Enovis stock is currently +24.46% from its 52-week low of $38.27, and -26.76% from its 52-week high of $65.03.
At the moment, there are 55.88M shares of ENOV outstanding. The market capitalization of ENOV is $2.66B. In the last 24 hours, 576,982 ENOV shares were traded.
How to Buy Enovis Stock
Not sure how to invest in Enovis stock? Here's how.
- Decide where to buy Enovis stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Enovis stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your method of payment and add your details.
- Evaluate Enovis stock: The Enovis ticker symbol is ENOV. Is Enovis stock a good investment? Should you buy shares of ENOV? How do ENOV's underlying business fundamentals look? Do top analysts think Enovis is a good buy? Why has ENOV's stock price moved recently? (Hint: Our stock research tools can help you understand if ENOV is a good stock to buy).
- Place your ENOV trade: Decide if you will purchase ENOV shares at the current market price or use a limit order to buy ENOV shares at a given price.
- Get notifications regarding your ENOV position: Create a watchlist to keep tabs on your new investment in Enovis shares.
Step 1: Decide where to buy Enovis stock
You need an online brokerage account in order to access the NYSE market and buy ENOV shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to invest in ENOV today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on the best stock app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Enovis stock
After you have figured out the best place to buy Enovis stock, it's important to research their stock prior to buying, so you can wrap your head around the risk and opportunity.
Enovis quick stats
ENOV Fundamentals
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on ENOV's stock page.
Is ENOV stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ENOV's true value.
Using relative valuations ratios:
- ENOV could be undervalued based on its P/B ratio of 0.8x, relative to Specialty Industrial Machinery industry P/B ratio of 5.88x
You can do more valuation analysis on ENOV's stock here.
How do ENOV Financials look?
Signs that ENOV is financially healthy:
- There are more short-term assets than short-term liabilities on the ENOV balance sheet.
- Total ENOV debt is lower than 5 years ago, relative to shareholder equity.
- ENOV has $35.43M in cash and short term investments. This is sufficient to cover its annual cash burn of $71.88M.
Signs that ENOV is not financially healthy:
- There are more long-term liabilities than short-term assets on the ENOV balance sheet.
- ENOV has cash burn of 71877000. It does not have sufficient cash and short-term investments to cover this.
- ENOV has a relatively high debt to equity ratio of 0.67.
- ENOV profit margin has gone down from -4.5% to -6% in the past year.
Is ENOV stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Equities analysts who monitor ENOV, the consensus analyst rating on Enovis is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Enovis stock forecast page.
ENOV Momentum
ENOV Growth Metrics
Last year, ENOV revenue was $2.00B. In the past 5 year, ENOV's revenue has increased by -7.86% per year. This was slower than the Specialty Industrial Machinery industry average of 4.75%.
Find out more about ENOV's earnings and revenue performance here.
What are ENOV executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at ENOV have sold more shares than they have bought.
John Kleckner, Principal Accounting Officer of ENOV, was the latest ENOV insider to sell. They sold $6,837.16 worth of ENOV stock on Aug 5, 2024.
Dig into more about who owns ENOV shares here.
Does ENOV stock generate passive income?
No, Enovis doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your ENOV trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your ENOV position
Now that you own some shares in ENOV, you'll want to stay up-to-date on your company.
Add ENOV to a watchlist to see the latest developments about your ENOV stock.
ENOV Feed
How to Buy Stock in Enovis
To summarize, here are the 6 steps you need to take to buy Enovis stock right now:
- Decide where to buy Enovis stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Enovis stock
- Place your ENOV trade
- Get notifications regarding your ENOV position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Enovis, hit the button below to create your watchlist.
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