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Enovis Corp
Buy, Hold or Sell?

Let's analyse Enovis together

PenkeI guess you are interested in Enovis Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Enovis Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Enovis (30 sec.)










What can you expect buying and holding a share of Enovis? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
15.0%

What is your share worth?

Current worth
$62.63
Expected worth in 1 year
$62.09
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
$-0.53
Return On Investment
-0.9%

For what price can you sell your share?

Current Price per Share
$62.45
Expected price per share
$58.00 - $66.14
How sure are you?
50%

1. Valuation of Enovis (5 min.)




Live pricePrice per Share (EOD)

$62.45

Intrinsic Value Per Share

$-42.68 - $-14.45

Total Value Per Share

$19.95 - $48.18

2. Growth of Enovis (5 min.)




Is Enovis growing?

Current yearPrevious yearGrowGrow %
How rich?$3.4b$3.7b-$308.7m-9.0%

How much money is Enovis making?

Current yearPrevious yearGrowGrow %
Making money-$8.1m$3.7m-$11.9m-145.6%
Net Profit Margin-2.0%0.4%--

How much money comes from the company's main activities?

3. Financial Health of Enovis (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#44 / 738

Most Revenue
#147 / 738

Most Profit
#688 / 738

Most Efficient
#582 / 738

What can you expect buying and holding a share of Enovis? (5 min.)

Welcome investor! Enovis's management wants to use your money to grow the business. In return you get a share of Enovis.

What can you expect buying and holding a share of Enovis?

First you should know what it really means to hold a share of Enovis. And how you can make/lose money.

Speculation

The Price per Share of Enovis is $62.45. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Enovis.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Enovis, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $62.63. Based on the TTM, the Book Value Change Per Share is $-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is $-2.54 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Enovis.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.050.1%-0.15-0.2%-0.06-0.1%-0.42-0.7%0.240.4%
Usd Book Value Change Per Share-0.39-0.6%-0.13-0.2%-2.54-4.1%-0.05-0.1%0.310.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.761.2%
Usd Total Gains Per Share-0.39-0.6%-0.13-0.2%-2.54-4.1%-0.05-0.1%1.071.7%
Usd Price Per Share56.02-56.59-44.35-32.28-27.66-
Price to Earnings Ratio258.08--28.07-0.52--12.47--2.20-
Price-to-Total Gains Ratio-145.49--199.61-9.85--34.85--14.31-
Price to Book Ratio0.89-0.90-0.68-0.49-0.43-
Price-to-Total Gains Ratio-145.49--199.61-9.85--34.85--14.31-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share62.45
Number of shares16
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.13-0.05
Usd Total Gains Per Share-0.13-0.05
Gains per Quarter (16 shares)-2.13-0.82
Gains per Year (16 shares)-8.52-3.30
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-9-190-3-13
20-17-280-7-16
30-26-370-10-19
40-34-460-13-22
50-43-550-16-25
60-51-640-20-28
70-60-730-23-31
80-68-820-26-34
90-77-910-30-37
100-85-1000-33-40

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%6.06.00.050.0%10.010.00.050.0%30.010.00.075.0%50.014.00.078.1%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%11.09.00.055.0%20.020.00.050.0%35.029.00.054.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%6.00.034.015.0%15.00.049.023.4%
Total Gains per Share1.03.00.025.0%6.06.00.050.0%11.09.00.055.0%25.015.00.062.5%41.023.00.064.1%

Fundamentals of Enovis

About Enovis Corp

Enovis Corporation operates as a medical technology company focus on developing clinically differentiated solutions worldwide. It also manufactures and distributes medical devices which are used for reconstructive surgery, rehabilitation, pain management, and physical therapy. The company operates through Prevention and Recovery, and Reconstructive segments. Its Prevention and Recovery segment offers orthopedic solutions and recovery sciences including rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, therapeutic shoes and inserts, electrical stimulators management, and physical therapy products which are used by orthopedic specialists, surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals. The company's Reconstructive segment operates surgical implant business, which includes a suite of reconstructive joint products for the hip, knee, shoulder, elbow, foot, ankle, and finger, as well as surgical productivity tools. The company distributes its products through independent distributors and directly under the ESAB and DJO brands. Enovis Corporation was formerly known as Colfax Corporation. The company was founded in 1995 and is headquartered in Wilmington, Delaware.

Fundamental data was last updated by Penke on 2024-03-19 03:10:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Enovis Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Enovis earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 0.7% means that $0.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Enovis Corp:

  • The MRQ is 0.7%. The company is not making a profit/loss.
  • The TTM is -2.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM-2.0%+2.7%
TTM-2.0%YOY0.4%-2.4%
TTM-2.0%5Y-2.6%+0.6%
5Y-2.6%10Y1.1%-3.7%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%5.5%-4.8%
TTM-2.0%5.2%-7.2%
YOY0.4%5.1%-4.7%
5Y-2.6%4.5%-7.1%
10Y1.1%4.7%-3.6%
1.1.2. Return on Assets

Shows how efficient Enovis is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • 0.1% Return on Assets means that Enovis generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Enovis Corp:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-0.2%+0.3%
TTM-0.2%YOY0.0%-0.2%
TTM-0.2%5Y-0.2%+0.0%
5Y-0.2%10Y0.2%-0.5%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.1%-1.0%
TTM-0.2%1.0%-1.2%
YOY0.0%1.1%-1.1%
5Y-0.2%1.0%-1.2%
10Y0.2%1.1%-0.9%
1.1.3. Return on Equity

Shows how efficient Enovis is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • 0.1% Return on Equity means Enovis generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Enovis Corp:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-0.2%+0.3%
TTM-0.2%YOY0.1%-0.3%
TTM-0.2%5Y-0.7%+0.5%
5Y-0.7%10Y0.4%-1.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%2.3%-2.2%
TTM-0.2%2.1%-2.3%
YOY0.1%2.2%-2.1%
5Y-0.7%2.0%-2.7%
10Y0.4%2.2%-1.8%

1.2. Operating Efficiency of Enovis Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Enovis is operating .

  • Measures how much profit Enovis makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 5.4% means the company generated $0.05  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Enovis Corp:

  • The MRQ is 5.4%. The company is operating less efficient.
  • The TTM is -5.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ5.4%TTM-5.2%+10.6%
TTM-5.2%YOY-2.5%-2.7%
TTM-5.2%5Y1.5%-6.7%
5Y1.5%10Y4.5%-3.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ5.4%7.9%-2.5%
TTM-5.2%4.7%-9.9%
YOY-2.5%6.2%-8.7%
5Y1.5%6.2%-4.7%
10Y4.5%5.0%-0.5%
1.2.2. Operating Ratio

Measures how efficient Enovis is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are $1.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Enovis Corp:

  • The MRQ is 1.000. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.009. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.000TTM1.009-0.008
TTM1.009YOY1.024-0.016
TTM1.0095Y0.963+0.046
5Y0.96310Y0.936+0.027
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0001.536-0.536
TTM1.0091.554-0.545
YOY1.0241.550-0.526
5Y0.9631.525-0.562
10Y0.9361.248-0.312

1.3. Liquidity of Enovis Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Enovis is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 2.43 means the company has $2.43 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Enovis Corp:

  • The MRQ is 2.426. The company is able to pay all its short-term debts. +1
  • The TTM is 2.431. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.426TTM2.431-0.005
TTM2.431YOY1.383+1.047
TTM2.4315Y1.845+0.586
5Y1.84510Y1.775+0.070
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4261.679+0.747
TTM2.4311.688+0.743
YOY1.3831.649-0.266
5Y1.8451.740+0.105
10Y1.7751.534+0.241
1.3.2. Quick Ratio

Measures if Enovis is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.89 means the company can pay off $0.89 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Enovis Corp:

  • The MRQ is 0.887. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.890. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.887TTM0.890-0.003
TTM0.890YOY0.835+0.055
TTM0.8905Y0.821+0.069
5Y0.82110Y0.948-0.127
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8870.724+0.163
TTM0.8900.749+0.141
YOY0.8350.814+0.021
5Y0.8210.858-0.037
10Y0.9480.860+0.088

1.4. Solvency of Enovis Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Enovis assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Enovis to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.24 means that Enovis assets are financed with 24.1% credit (debt) and the remaining percentage (100% - 24.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Enovis Corp:

  • The MRQ is 0.241. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.220. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.241TTM0.220+0.021
TTM0.220YOY0.276-0.055
TTM0.2205Y0.418-0.198
5Y0.41810Y0.460-0.041
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2410.499-0.258
TTM0.2200.503-0.283
YOY0.2760.504-0.228
5Y0.4180.497-0.079
10Y0.4600.491-0.031
1.4.2. Debt to Equity Ratio

Measures if Enovis is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 31.8% means that company has $0.32 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Enovis Corp:

  • The MRQ is 0.318. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.283. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.318TTM0.283+0.035
TTM0.283YOY0.417-0.134
TTM0.2835Y0.892-0.609
5Y0.89210Y0.985-0.093
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3180.997-0.679
TTM0.2831.016-0.733
YOY0.4171.016-0.599
5Y0.8921.052-0.160
10Y0.9851.033-0.048

2. Market Valuation of Enovis Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Enovis generates.

  • Above 15 is considered overpriced but always compare Enovis to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 258.08 means the investor is paying $258.08 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Enovis Corp:

  • The EOD is 287.703. Based on the earnings, the company is expensive. -2
  • The MRQ is 258.080. Based on the earnings, the company is expensive. -2
  • The TTM is -28.066. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD287.703MRQ258.080+29.623
MRQ258.080TTM-28.066+286.147
TTM-28.066YOY0.517-28.583
TTM-28.0665Y-12.469-15.597
5Y-12.46910Y-2.197-10.272
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD287.70319.375+268.328
MRQ258.08018.592+239.488
TTM-28.06619.380-47.446
YOY0.51718.029-17.512
5Y-12.46921.975-34.444
10Y-2.19728.443-30.640
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Enovis Corp:

  • The EOD is 21.071. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 18.901. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 16.414. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD21.071MRQ18.901+2.169
MRQ18.901TTM16.414+2.487
TTM16.414YOY-115.970+132.384
TTM16.4145Y-16.308+32.723
5Y-16.30810Y37.910-54.219
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD21.0715.634+15.437
MRQ18.9015.073+13.828
TTM16.4142.621+13.793
YOY-115.970-0.130-115.840
5Y-16.3080.550-16.858
10Y37.9101.971+35.939
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Enovis is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 0.89 means the investor is paying $0.89 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Enovis Corp:

  • The EOD is 0.997. Based on the equity, the company is cheap. +2
  • The MRQ is 0.894. Based on the equity, the company is cheap. +2
  • The TTM is 0.903. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.997MRQ0.894+0.103
MRQ0.894TTM0.903-0.008
TTM0.903YOY0.679+0.224
TTM0.9035Y0.492+0.411
5Y0.49210Y0.431+0.061
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD0.9972.090-1.093
MRQ0.8942.124-1.230
TTM0.9032.181-1.278
YOY0.6792.351-1.672
5Y0.4922.377-1.885
10Y0.4312.932-2.501
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Enovis Corp.

3.1. Institutions holding Enovis Corp

Institutions are holding 107.537% of the shares of Enovis Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31T. Rowe Price Investment Management,Inc.12.05080.2398658211080420.1223
2023-12-31BlackRock Inc9.76060.00765331217-3873-0.0726
2023-12-31Vanguard Group Inc8.97220.006490060831590.0645
2023-12-31Dimensional Fund Advisors, Inc.5.84710.052231936991172093.8098
2023-12-31Diamond Hill Capital Management Inc4.58790.61692505915767423.1592
2023-12-31Select Equity Group LP4.49190.489224534692183609.7695
2023-12-31Davenport & Company LLC3.44090.7193187942521035812.6033
2023-12-31Thrivent Financial For Lutherans3.29540.21971799922-12183-0.6723
2023-12-31Millennium Management LLC3.00230.039716398311338208.8857
2023-12-31Royce & Associates, LP2.91740.8245159345524048017.7742
2023-12-31Channing Capital Management, LLC2.90812.6259158841733415426.6415
2023-12-31State Street Corporation2.86160.00431563010348472.2803
2023-12-31American Century Companies Inc2.11750.0445115658328687432.9851
2023-12-31Goldman Sachs Group Inc1.9560.00541068358563408111.577
2023-12-31Allspring Global Investments Holdings, LLC1.88890.0958103171042740.416
2023-12-31Morgan Stanley - Brokerage Accounts1.62070.004488524012151015.9101
2023-12-31Bank of America Corp1.56370.0048854117450464111.5968
2023-12-31Cardinal Capital Management Llc1.53572.1587838782-151293-15.281
2023-12-31Principal Financial Group Inc1.51650.0296828303-4112-0.494
2023-12-31Geode Capital Management, LLC1.42670.0046779271254413.3749
Total 77.76198.192942473442+2657681+6.3%

3.2. Funds holding Enovis Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31T. Rowe Price Mid-Cap Growth5.90520.59673225400-7700-0.2382
2023-12-31T. Rowe Price US Mid-Cap Growth Equity5.90520.59483225400-7700-0.2382
2024-01-31Vanguard Total Stock Mkt Idx Inv2.8360.0062154903626640.1723
2024-02-29iShares Core S&P Mid-Cap ETF2.76890.11221512378-6515-0.4289
2024-01-31Vanguard Small Cap Index2.29720.0558125473934500.2757
2024-01-31Diamond Hill Small-Mid Cap Equity1.8942.6349103452500
2023-12-31American Century U.S. Small Cap Value1.64780.857190000029500048.7603
2023-12-31American Century Small Cap Value Inv1.64780.855790000029500048.7603
2024-01-31DFA US Small Cap Value I1.57320.333285925200
2024-01-31Vanguard Small Cap Value Index Inv1.57190.099858581-3600-0.4175
2023-12-31Thrivent Small Cap Stock A1.48241.6580967400
2023-12-31T. Rowe Price U.S. Mid-Cap Gr Eq Tr-Z1.42860.5924780300267003.543
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.34290.04487334732360.0322
2024-01-31Diamond Hill Small-Mid Cap I1.31012.652171557200
2024-01-31Davenport Small Cap Focus1.12324.3019613510122972.0454
2024-01-31Davenport Equity Opportunities USD1.11524.424760913100
2023-12-31Cardinal Capital SMID Cap Value Equity1.09632.0747598790-61273-9.2829
2023-12-31JNL/T. Rowe Price Mid-Cap Growth A1.06190.599158000000
2023-12-31T. Rowe Price Instl Mid-Cap Equity Gr1.03590.6008565800-11200-1.9411
2023-09-30Davenport Equity Opportunities USD0.99394.1144542842333318159.0834
Total 40.037627.200521868403+870677+4.0%

3.3. Insider Transactions

Insiders are holding 9.193% of the shares of Enovis Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-08-07John KlecknerSELL17459.18
2023-07-20John KlecknerSELL6765.32
2023-06-02Phillip Benjamin (ben) BerrySELL64554.17
2023-05-08Rajiv VinnakotaSELL139657.18
2023-03-20Phillip Benjamin (ben) BerrySELL60051.84

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Enovis Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.385-0.133-65%-2.543+560%-0.051-87%0.311-224%
Book Value Per Share--62.62762.7160%68.627-9%67.168-7%64.704-3%
Current Ratio--2.4262.4310%1.383+75%1.845+32%1.775+37%
Debt To Asset Ratio--0.2410.220+10%0.276-12%0.418-42%0.460-47%
Debt To Equity Ratio--0.3180.283+12%0.417-24%0.892-64%0.985-68%
Dividend Per Share----0%-0%-0%0.758-100%
Eps--0.054-0.151+379%-0.061+212%-0.421+875%0.238-77%
Free Cash Flow Per Share--0.7410.059+1154%-0.738+200%0.263+182%0.602+23%
Free Cash Flow To Equity Per Share--0.7920.635+25%-2.867+462%1.560-49%1.272-38%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---14.446--------
Intrinsic Value_10Y_min---42.679--------
Intrinsic Value_1Y_max--1.853--------
Intrinsic Value_1Y_min---0.251--------
Intrinsic Value_3Y_max--3.053--------
Intrinsic Value_3Y_min---4.245--------
Intrinsic Value_5Y_max--1.219--------
Intrinsic Value_5Y_min---12.035--------
Market Cap3411006510.000+10%3059801196.0003105489369.340-1%2422412708.910+26%1777996729.934+72%1517904260.568+102%
Net Profit Margin--0.007-0.020+407%0.004+85%-0.026+496%0.011-42%
Operating Margin--0.054-0.052+195%-0.025+146%0.015+261%0.045+20%
Operating Ratio--1.0001.009-1%1.024-2%0.963+4%0.936+7%
Pb Ratio0.997+10%0.8940.903-1%0.679+32%0.492+82%0.431+108%
Pe Ratio287.703+10%258.080-28.066+111%0.517+49795%-12.469+105%-2.197+101%
Price Per Share62.450+10%56.02056.590-1%44.350+26%32.283+74%27.656+103%
Price To Free Cash Flow Ratio21.071+10%18.90116.414+15%-115.970+714%-16.308+186%37.910-50%
Price To Total Gains Ratio-162.189-11%-145.490-199.607+37%9.849-1577%-34.853-76%-14.310-90%
Quick Ratio--0.8870.8900%0.835+6%0.821+8%0.948-7%
Return On Assets--0.001-0.002+388%0.000+194%-0.002+444%0.002-72%
Return On Equity--0.001-0.002+374%0.001+34%-0.007+942%0.004-78%
Total Gains Per Share---0.385-0.133-65%-2.543+560%-0.051-87%1.069-136%
Usd Book Value--3420701000.0003439616000.000-1%3748377750.000-9%3704313750.000-8%3551946975.000-4%
Usd Book Value Change Per Share---0.385-0.133-65%-2.543+560%-0.051-87%0.311-224%
Usd Book Value Per Share--62.62762.7160%68.627-9%67.168-7%64.704-3%
Usd Dividend Per Share----0%-0%-0%0.758-100%
Usd Eps--0.054-0.151+379%-0.061+212%-0.421+875%0.238-77%
Usd Free Cash Flow--40471000.0003191250.000+1168%-40327750.000+200%14800600.000+173%33120300.000+22%
Usd Free Cash Flow Per Share--0.7410.059+1154%-0.738+200%0.263+182%0.602+23%
Usd Free Cash Flow To Equity Per Share--0.7920.635+25%-2.867+462%1.560-49%1.272-38%
Usd Market Cap3411006510.000+10%3059801196.0003105489369.340-1%2422412708.910+26%1777996729.934+72%1517904260.568+102%
Usd Price Per Share62.450+10%56.02056.590-1%44.350+26%32.283+74%27.656+103%
Usd Profit--2964000.000-8189250.000+376%3733500.000-21%-21559350.000+827%13701150.000-78%
Usd Revenue--455020000.000426799250.000+7%552753000.000-18%724724400.000-37%848230650.000-46%
Usd Total Gains Per Share---0.385-0.133-65%-2.543+560%-0.051-87%1.069-136%
 EOD+3 -5MRQTTM+17 -16YOY+23 -105Y+17 -1610Y+11 -24

4.2. Fundamental Score

Let's check the fundamental score of Enovis Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15287.703
Price to Book Ratio (EOD)Between0-10.997
Net Profit Margin (MRQ)Greater than00.007
Operating Margin (MRQ)Greater than00.054
Quick Ratio (MRQ)Greater than10.887
Current Ratio (MRQ)Greater than12.426
Debt to Asset Ratio (MRQ)Less than10.241
Debt to Equity Ratio (MRQ)Less than10.318
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.001
Total6/10 (60.0%)

4.3. Technical Score

Let's check the technical score of Enovis Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.996
Ma 20Greater thanMa 5060.991
Ma 50Greater thanMa 10060.439
Ma 100Greater thanMa 20056.521
OpenGreater thanClose62.050
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  -2,540-27,419-29,95910,636-19,323-6,180-25,50333,1607,657
Net Income  -54,83631,990-22,84612,851-9,9957,115-2,8805,8442,964
EBIT  -21,471-201-21,67210,230-11,442-64,510-75,952100,74824,796
Net Income from Continuing Operations  -54,83631,990-22,8468,236-14,610-4,841-19,45122,5193,068



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets4,509,334
Total Liabilities1,088,633
Total Stockholder Equity3,418,392
 As reported
Total Liabilities 1,088,633
Total Stockholder Equity+ 3,418,392
Total Assets = 4,509,334

Assets

Total Assets4,509,334
Total Current Assets896,519
Long-term Assets3,612,815
Total Current Assets
Cash And Cash Equivalents 36,191
Net Receivables 291,483
Inventory 468,832
Other Current Assets 71,112
Total Current Assets  (as reported)896,519
Total Current Assets  (calculated)867,618
+/- 28,901
Long-term Assets
Property Plant Equipment 334,304
Goodwill 2,060,893
Intangible Assets 1,127,363
Long-term Assets Other 90,255
Long-term Assets  (as reported)3,612,815
Long-term Assets  (calculated)3,612,815
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities369,607
Long-term Liabilities719,026
Total Stockholder Equity3,418,392
Total Current Liabilities
Short-term Debt 21,568
Accounts payable 132,475
Other Current Liabilities 212,611
Total Current Liabilities  (as reported)369,607
Total Current Liabilities  (calculated)366,654
+/- 2,953
Long-term Liabilities
Long term Debt 466,164
Capital Lease Obligations Min Short Term Debt48,684
Long-term Liabilities Other 204,178
Long-term Liabilities  (as reported)719,026
Long-term Liabilities  (calculated)719,026
+/-0
Total Stockholder Equity
Common Stock55
Retained Earnings 542,471
Accumulated Other Comprehensive Income -24,881
Other Stockholders Equity 2,900,747
Total Stockholder Equity (as reported)3,418,392
Total Stockholder Equity (calculated)3,418,392
+/-0
Other
Capital Stock55
Cash and Short Term Investments 36,191
Common Stock Shares Outstanding 54,597
Current Deferred Revenue2,953
Liabilities and Stockholders Equity 4,509,334
Net Debt 500,225
Net Invested Capital 3,884,556
Net Working Capital 526,912
Property Plant and Equipment Gross 576,754
Short Long Term Debt Total 536,416



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-31
> Total Assets 
0
0
0
797,226
0
0
0
896,540
914,207
939,378
939,617
913,076
889,154
900,107
909,634
1,003,131
989,264
965,936
1,004,205
1,022,077
1,062,289
1,063,585
1,038,887
1,088,543
6,130,081
6,004,868
6,055,724
6,129,727
5,846,321
6,094,400
6,333,888
6,582,853
6,771,224
7,927,833
7,529,315
7,245,098
6,945,232
7,010,017
7,039,896
6,732,919
6,723,748
6,576,160
6,542,392
6,385,459
6,429,745
6,730,279
6,838,316
6,721,648
6,879,214
6,462,703
6,446,229
6,603,872
10,502,407
9,899,253
9,591,272
7,386,832
7,455,572
7,122,525
7,154,234
7,351,549
8,066,614
7,559,496
7,972,311
8,515,345
8,483,651
4,503,715
4,444,818
4,273,248
4,299,586
4,443,553
4,400,917
4,509,334
4,509,3344,400,9174,443,5534,299,5864,273,2484,444,8184,503,7158,483,6518,515,3457,972,3117,559,4968,066,6147,351,5497,154,2347,122,5257,455,5727,386,8329,591,2729,899,25310,502,4076,603,8726,446,2296,462,7036,879,2146,721,6486,838,3166,730,2796,429,7456,385,4596,542,3926,576,1606,723,7486,732,9197,039,8967,010,0176,945,2327,245,0987,529,3157,927,8336,771,2246,582,8536,333,8886,094,4005,846,3216,129,7276,055,7246,004,8686,130,0811,088,5431,038,8871,063,5851,062,2891,022,0771,004,205965,936989,2641,003,131909,634900,107889,154913,076939,617939,378914,207896,540000797,226000
   > Total Current Assets 
0
0
0
174,802
0
0
0
287,067
300,188
312,774
318,703
294,857
283,352
290,241
300,395
289,561
284,654
280,316
284,893
321,056
334,028
342,469
344,959
351,208
2,338,552
2,295,883
2,233,516
2,130,782
1,986,542
2,286,941
2,366,930
2,138,346
2,342,041
2,410,752
2,218,072
2,099,463
2,022,602
2,005,226
1,999,092
1,759,765
1,784,746
1,787,060
1,803,241
1,785,597
1,780,577
1,958,417
2,314,869
2,069,832
2,163,227
1,947,480
1,951,272
1,958,441
2,408,657
3,636,593
3,499,132
1,404,245
1,581,610
1,228,404
1,287,512
1,361,829
2,077,965
1,478,972
1,725,687
2,303,279
2,347,737
1,078,039
1,008,211
795,023
833,110
887,239
854,187
896,519
896,519854,187887,239833,110795,0231,008,2111,078,0392,347,7372,303,2791,725,6871,478,9722,077,9651,361,8291,287,5121,228,4041,581,6101,404,2453,499,1323,636,5932,408,6571,958,4411,951,2721,947,4802,163,2272,069,8322,314,8691,958,4171,780,5771,785,5971,803,2411,787,0601,784,7461,759,7651,999,0922,005,2262,022,6022,099,4632,218,0722,410,7522,342,0412,138,3462,366,9302,286,9411,986,5422,130,7822,233,5162,295,8832,338,552351,208344,959342,469334,028321,056284,893280,316284,654289,561300,395290,241283,352294,857318,703312,774300,188287,067000174,802000
       Cash And Cash Equivalents 
0
0
0
7,608
0
0
0
48,093
33,253
27,133
47,929
28,762
34,371
38,047
50,833
49,963
60,215
62,974
42,778
60,542
45,460
64,215
64,447
75,108
579,930
538,956
517,343
482,449
234,825
587,937
639,255
311,301
482,184
333,969
286,620
305,448
206,918
212,210
221,247
197,469
196,042
184,672
191,660
221,730
207,840
272,225
260,414
262,019
268,346
257,700
285,900
245,019
242,418
131,925
127,065
109,632
365,604
66,396
66,423
97,068
763,653
62,309
177,482
719,370
661,504
95,605
54,957
24,295
21,900
32,491
32,129
36,191
36,19132,12932,49121,90024,29554,95795,605661,504719,370177,48262,309763,65397,06866,42366,396365,604109,632127,065131,925242,418245,019285,900257,700268,346262,019260,414272,225207,840221,730191,660184,672196,042197,469221,247212,210206,918305,448286,620333,969482,184311,301639,255587,937234,825482,449517,343538,956579,93075,10864,44764,21545,46060,54242,77862,97460,21549,96350,83338,04734,37128,76247,92927,13333,25348,0930007,608000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
149,608
134,889
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
263,070
200,274
0
0
0
0
0
00000200,274263,0700000000000000000134,889149,60800000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
70,526
0
0
0
84,763
87,666
150,160
143,377
137,435
123,763
122,618
124,573
117,484
104,246
107,439
127,822
144,178
151,890
140,791
135,219
151,171
873,802
904,760
882,867
873,382
926,629
933,706
974,725
1,030,892
1,064,020
1,152,915
1,099,494
1,029,150
1,014,905
1,024,816
990,452
888,166
881,691
906,336
922,247
913,614
901,327
978,606
957,215
970,199
993,068
986,271
953,881
989,418
1,153,056
616,263
576,139
561,865
499,402
449,672
498,357
517,006
553,785
599,877
603,214
638,700
657,056
255,201
258,823
267,380
280,748
298,976
277,029
291,483
291,483277,029298,976280,748267,380258,823255,201657,056638,700603,214599,877553,785517,006498,357449,672499,402561,865576,139616,2631,153,056989,418953,881986,271993,068970,199957,215978,606901,327913,614922,247906,336881,691888,166990,4521,024,8161,014,9051,029,1501,099,4941,152,9151,064,0201,030,892974,725933,706926,629873,382882,867904,760873,802151,171135,219140,791151,890144,178127,822107,439104,246117,484124,573122,618123,763137,435143,377150,16087,66684,76300070,526000
       Other Current Assets 
0
0
0
28,767
0
0
0
68,108
68,210
18,924
18,857
32,374
26,326
26,178
47,620
33,032
34,686
32,912
33,617
40,436
42,053
42,543
47,590
50,196
329,434
321,815
313,948
281,302
320,370
298,026
299,749
350,401
323,011
354,671
309,597
322,133
345,078
320,895
337,502
253,744
253,431
263,806
265,429
246,396
244,083
252,985
188,221
258,379
267,431
213,350
227,249
227,469
273,648
171,622
198,232
161,190
154,929
155,628
186,680
113,418
79,114
75,746
78,467
90,728
91,547
33,782
48,293
48,155
61,018
75,117
45,142
71,112
71,11245,14275,11761,01848,15548,29333,78291,54790,72878,46775,74679,114113,418186,680155,628154,929161,190198,232171,622273,648227,469227,249213,350267,431258,379188,221252,985244,083246,396265,429263,806253,431253,744337,502320,895345,078322,133309,597354,671323,011350,401299,749298,026320,370281,302313,948321,815329,43450,19647,59042,54342,05340,43633,61732,91234,68633,03247,62026,17826,32632,37418,85718,92468,21068,10800028,767000
   > Long-term Assets 
0
0
0
622,424
0
0
0
609,473
614,019
626,604
620,914
618,219
605,802
609,866
609,239
713,570
704,610
685,620
719,312
701,021
728,261
721,116
693,928
737,335
3,791,529
3,708,985
3,822,208
3,998,945
3,859,779
3,807,459
3,966,958
4,444,507
4,429,183
5,517,081
5,311,243
5,145,635
4,922,630
5,004,791
5,040,804
4,973,154
4,939,002
4,789,100
4,739,151
4,599,862
4,649,168
4,771,862
4,523,447
4,651,816
4,715,987
4,515,223
4,494,957
4,645,431
8,093,750
6,262,660
6,092,140
5,982,587
5,873,962
5,894,121
5,866,722
5,989,720
5,988,649
6,080,524
6,246,624
6,212,066
6,135,914
3,425,676
3,436,607
3,478,225
3,466,476
3,556,314
3,546,730
3,612,815
3,612,8153,546,7303,556,3143,466,4763,478,2253,436,6073,425,6766,135,9146,212,0666,246,6246,080,5245,988,6495,989,7205,866,7225,894,1215,873,9625,982,5876,092,1406,262,6608,093,7504,645,4314,494,9574,515,2234,715,9874,651,8164,523,4474,771,8624,649,1684,599,8624,739,1514,789,1004,939,0024,973,1545,040,8045,004,7914,922,6305,145,6355,311,2435,517,0814,429,1834,444,5073,966,9583,807,4593,859,7793,998,9453,822,2083,708,9853,791,529737,335693,928721,116728,261701,021719,312685,620704,610713,570609,239609,866605,802618,219620,914626,604614,019609,473000622,424000
       Property Plant Equipment 
0
0
0
79,960
0
0
0
88,391
91,228
94,606
91,475
92,090
88,287
91,649
93,060
90,434
444,305
83,838
91,010
89,246
93,192
423,877
412,150
417,777
681,630
651,000
662,294
688,570
676,187
661,329
678,173
757,140
747,176
812,353
772,115
729,728
679,658
671,991
664,200
644,536
650,863
635,351
632,219
604,214
575,428
580,155
512,561
552,802
546,710
510,695
494,377
503,344
845,215
642,880
638,805
664,561
642,238
640,337
634,355
660,902
649,860
642,897
669,946
705,820
683,226
297,926
292,260
303,622
309,579
322,493
323,677
334,304
334,304323,677322,493309,579303,622292,260297,926683,226705,820669,946642,897649,860660,902634,355640,337642,238664,561638,805642,880845,215503,344494,377510,695546,710552,802512,561580,155575,428604,214632,219635,351650,863644,536664,200671,991679,658729,728772,115812,353747,176757,140678,173661,329676,187688,570662,294651,000681,630417,777412,150423,87793,19289,24691,01083,838444,30590,43493,06091,64988,28792,09091,47594,60691,22888,39100079,960000
       Goodwill 
0
0
0
154,231
0
0
0
168,959
187,681
187,271
181,816
165,530
161,808
166,165
168,060
167,254
163,706
158,045
173,112
172,338
187,248
189,046
184,119
204,844
1,870,437
1,853,558
1,929,436
2,074,230
1,979,066
1,975,824
2,081,725
2,384,522
2,390,040
3,065,776
2,947,286
2,872,903
2,763,959
2,860,075
2,876,011
2,817,687
2,769,311
2,665,963
2,632,433
2,563,326
2,587,961
2,686,694
2,527,141
2,538,544
2,611,999
2,505,377
2,524,134
2,576,617
3,852,431
2,822,093
2,784,249
3,202,517
3,191,312
3,209,980
3,245,042
3,314,541
3,331,531
3,399,030
3,497,355
3,467,295
3,440,615
1,925,201
1,959,795
1,983,588
1,987,222
2,034,087
2,027,154
2,060,893
2,060,8932,027,1542,034,0871,987,2221,983,5881,959,7951,925,2013,440,6153,467,2953,497,3553,399,0303,331,5313,314,5413,245,0423,209,9803,191,3123,202,5172,784,2492,822,0933,852,4312,576,6172,524,1342,505,3772,611,9992,538,5442,527,1412,686,6942,587,9612,563,3262,632,4332,665,9632,769,3112,817,6872,876,0112,860,0752,763,9592,872,9032,947,2863,065,7762,390,0402,384,5222,081,7251,975,8241,979,0662,074,2301,929,4361,853,5581,870,437204,844184,119189,046187,248172,338173,112158,045163,706167,254168,060166,165161,808165,530181,816187,271187,681168,959000154,231000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
13,516
12,378
11,758
12,553
11,952
11,289
10,573
30,098
28,298
38,405
36,064
33,200
41,029
768,610
734,760
745,583
779,049
749,468
720,734
741,997
832,553
815,629
1,162,006
1,106,884
1,043,583
981,678
983,294
1,004,232
995,712
992,249
959,308
940,615
899,340
930,090
949,925
935,804
1,017,203
1,016,368
960,154
941,246
1,012,913
2,871,424
2,314,420
2,262,377
1,719,019
1,648,328
1,650,705
1,635,706
1,663,446
1,652,957
1,678,421
1,726,955
1,675,462
1,637,257
1,114,325
1,116,539
1,110,727
1,081,801
1,110,950
1,100,959
1,127,363
1,127,3631,100,9591,110,9501,081,8011,110,7271,116,5391,114,3251,637,2571,675,4621,726,9551,678,4211,652,9571,663,4461,635,7061,650,7051,648,3281,719,0192,262,3772,314,4202,871,4241,012,913941,246960,1541,016,3681,017,203935,804949,925930,090899,340940,615959,308992,249995,7121,004,232983,294981,6781,043,5831,106,8841,162,006815,629832,553741,997720,734749,468779,049745,583734,760768,61041,02933,20036,06438,40528,29830,09810,57311,28911,95212,55311,75812,37813,51600000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
354,301
360,176
352,368
363,489
374,816
88,224
68,013
63,788
0
88,784
94,940
0
094,94088,784063,78868,01388,224374,816363,489352,368360,176354,301000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
0
791,327
0
0
0
843,489
850,030
706,888
702,000
746,145
720,568
716,673
716,565
804,299
796,037
781,351
778,154
805,706
824,507
809,289
793,391
899,268
3,910,403
3,900,923
3,876,027
3,973,441
3,782,001
3,690,334
3,763,858
3,841,738
3,374,501
4,278,427
3,992,220
3,892,654
3,696,616
3,581,377
3,735,865
3,476,363
3,484,548
3,418,123
3,373,733
3,292,115
3,218,313
3,357,872
3,324,518
2,994,384
3,037,970
2,925,263
2,967,907
3,126,926
6,760,691
6,642,904
6,458,334
3,897,204
4,117,808
3,726,949
3,696,765
3,763,675
3,775,545
3,207,536
3,341,787
3,853,912
3,839,606
1,012,252
1,036,616
823,447
854,315
992,793
959,185
1,088,633
1,088,633959,185992,793854,315823,4471,036,6161,012,2523,839,6063,853,9123,341,7873,207,5363,775,5453,763,6753,696,7653,726,9494,117,8083,897,2046,458,3346,642,9046,760,6913,126,9262,967,9072,925,2633,037,9702,994,3843,324,5183,357,8723,218,3133,292,1153,373,7333,418,1233,484,5483,476,3633,735,8653,581,3773,696,6163,892,6543,992,2204,278,4273,374,5013,841,7383,763,8583,690,3343,782,0013,973,4413,876,0273,900,9233,910,403899,268793,391809,289824,507805,706778,154781,351796,037804,299716,565716,673720,568746,145702,000706,888850,030843,489000791,327000
   > Total Current Liabilities 
0
0
0
130,202
0
0
0
148,374
189,703
161,402
168,862
154,286
140,251
140,571
145,393
144,199
146,898
143,923
166,109
191,510
207,659
205,233
212,027
240,042
1,200,666
1,236,905
1,220,614
1,175,458
1,267,451
1,248,976
1,320,995
1,375,090
1,313,240
1,417,281
1,368,785
1,285,535
1,255,020
1,203,341
1,205,426
1,116,344
1,097,661
1,087,904
1,074,847
1,106,674
1,081,854
1,146,755
1,288,630
1,097,380
1,095,478
1,074,521
1,068,880
1,199,345
1,571,628
1,598,555
1,505,677
857,314
819,099
758,731
784,533
811,658
1,558,411
899,419
975,471
1,023,584
1,450,015
812,801
853,916
565,199
349,497
353,673
355,284
369,607
369,607355,284353,673349,497565,199853,916812,8011,450,0151,023,584975,471899,4191,558,411811,658784,533758,731819,099857,3141,505,6771,598,5551,571,6281,199,3451,068,8801,074,5211,095,4781,097,3801,288,6301,146,7551,081,8541,106,6741,074,8471,087,9041,097,6611,116,3441,205,4261,203,3411,255,0201,285,5351,368,7851,417,2811,313,2401,375,0901,320,9951,248,9761,267,4511,175,4581,220,6141,236,9051,200,666240,042212,027205,233207,659191,510166,109143,923146,898144,199145,393140,571140,251154,286168,862161,402189,703148,374000130,202000
       Short-term Debt 
0
0
0
2,541
0
0
0
2,640
2,686
6,772
6,720
5,420
5,340
6,510
7,698
8,969
10,151
10,000
10,000
10,000
10,000
10,000
10,000
10,000
29,338
32,737
34,033
34,799
84,259
95,029
131,657
29,449
41,633
60,411
73,695
9,855
10,268
6,738
16,517
5,792
5,774
5,611
6,082
5,406
5,865
5,920
5,861
5,766
6,129
6,180
6,385
6,334
181,214
74,048
66,415
27,642
65,313
66,398
66,587
27,074
765,160
56,716
50,197
8,314
462,228
471,667
473,070
219,279
23,116
22,278
20,910
21,568
21,56820,91022,27823,116219,279473,070471,667462,2288,31450,19756,716765,16027,07466,58766,39865,31327,64266,41574,048181,2146,3346,3856,1806,1295,7665,8615,9205,8655,4066,0825,6115,7745,79216,5176,73810,2689,85573,69560,41141,63329,449131,65795,02984,25934,79934,03332,73729,33810,00010,00010,00010,00010,00010,00010,00010,1518,9697,6986,5105,3405,4206,7206,7722,6862,6400002,541000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
727,369
20,480
14,340
8,314
422,289
449,459
449,223
219,279
0
0
0
0
0000219,279449,223449,459422,2898,31414,34020,480727,369000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
38,114
0
0
0
48,910
45,695
47,400
46,248
52,138
41,939
37,283
37,992
36,579
36,771
36,177
42,266
50,896
58,238
57,334
53,865
54,035
635,807
660,663
636,521
699,626
705,025
714,406
739,225
860,380
779,665
826,395
778,846
780,287
762,813
738,493
735,310
718,893
691,794
679,137
651,792
605,895
607,827
646,253
543,725
587,129
579,283
586,276
563,730
640,667
705,873
399,812
376,406
359,782
368,001
298,986
306,314
330,251
406,744
453,716
472,499
504,173
537,676
159,136
179,672
135,628
151,743
147,180
125,060
132,475
132,475125,060147,180151,743135,628179,672159,136537,676504,173472,499453,716406,744330,251306,314298,986368,001359,782376,406399,812705,873640,667563,730586,276579,283587,129543,725646,253607,827605,895651,792679,137691,794718,893735,310738,493762,813780,287778,846826,395779,665860,380739,225714,406705,025699,626636,521660,663635,80754,03553,86557,33458,23850,89642,26636,17736,77136,57937,99237,28341,93952,13846,24847,40045,69548,91000038,114000
       Other Current Liabilities 
0
0
0
80
0
0
0
96,824
35,054
107,230
115,894
-6,230,272
92,972
96,778
109,051
9,473
99,976
97,746
113,843
17,250
117,967
115,710
134,579
161,303
438,936
450,722
472,257
379,602
397,025
377,735
392,063
431,981
441,962
485,127
470,312
437,344
427,886
402,484
403,022
346,069
353,846
360,573
364,052
344,358
319,631
337,230
609,151
358,632
341,321
333,046
350,130
405,037
529,348
1,108,418
1,046,290
453,881
367,693
360,031
381,196
417,596
346,456
355,524
422,068
479,629
418,671
178,948
198,061
206,732
170,719
180,792
206,232
212,611
212,611206,232180,792170,719206,732198,061178,948418,671479,629422,068355,524346,456417,596381,196360,031367,693453,8811,046,2901,108,418529,348405,037350,130333,046341,321358,632609,151337,230319,631344,358364,052360,573353,846346,069403,022402,484427,886437,344470,312485,127441,962431,981392,063377,735397,025379,602472,257450,722438,936161,303134,579115,710117,96717,250113,84397,74699,9769,473109,05196,77892,972-6,230,272115,894107,23035,05496,82400080000
   > Long-term Liabilities 
0
0
0
661,125
0
0
0
695,115
660,327
545,486
533,138
591,859
580,317
576,102
571,172
660,100
649,139
637,428
612,045
614,196
616,848
604,056
581,364
659,226
2,709,737
2,664,018
2,655,413
2,797,983
2,514,550
2,441,358
2,442,863
2,466,648
2,061,261
2,861,146
2,623,435
2,607,119
2,441,596
2,378,036
2,530,439
2,360,019
2,386,887
2,330,219
2,298,886
2,185,441
2,136,459
2,211,117
2,035,888
1,897,004
1,942,492
1,850,742
1,899,027
1,927,581
5,189,063
5,044,349
4,952,657
3,039,890
3,298,709
2,968,218
2,912,232
2,952,017
2,217,134
2,308,117
2,366,316
2,830,328
2,389,591
199,451
182,700
258,248
504,818
639,120
603,901
719,026
719,026603,901639,120504,818258,248182,700199,4512,389,5912,830,3282,366,3162,308,1172,217,1342,952,0172,912,2322,968,2183,298,7093,039,8904,952,6575,044,3495,189,0631,927,5811,899,0271,850,7421,942,4921,897,0042,035,8882,211,1172,136,4592,185,4412,298,8862,330,2192,386,8872,360,0192,530,4392,378,0362,441,5962,607,1192,623,4352,861,1462,061,2612,466,6482,442,8632,441,3582,514,5502,797,9832,655,4132,664,0182,709,737659,226581,364604,056616,848614,196612,045637,428649,139660,100571,172576,102580,317591,859533,138545,486660,327695,115000661,125000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,078,679
1,647,870
0
0
40,000
285,000
400,000
0
0
00400,000285,00040,000001,647,8702,078,679000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
597,808
600,059
627,367
606,323
601,017
144,243
130,668
166,989
0
191,553
159,725
0
0159,725191,5530166,989130,668144,243601,017606,323627,367600,059597,808000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,200
0
0
0
4,500
0
0
0
0
00004,5000005,200000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
5,899
0
0
0
53,051
64,177
232,490
237,617
166,931
168,586
183,434
193,069
198,832
193,227
184,585
226,051
216,371
237,782
254,296
245,496
189,275
1,967,343
1,882,957
1,956,511
1,912,352
1,820,623
2,164,297
2,343,085
2,513,889
3,165,346
3,414,105
3,326,536
3,146,826
3,043,603
3,219,614
3,103,054
3,069,975
3,045,592
2,965,012
2,972,940
2,896,871
3,010,387
3,163,113
3,299,624
3,500,415
3,604,557
3,316,274
3,261,862
3,269,760
3,577,500
3,094,798
2,982,008
3,441,430
3,291,140
3,351,915
3,412,446
3,543,387
4,246,594
4,307,854
4,586,541
4,617,378
4,600,036
3,489,267
3,406,691
3,448,085
3,443,339
3,448,638
3,439,622
3,418,392
3,418,3923,439,6223,448,6383,443,3393,448,0853,406,6913,489,2674,600,0364,617,3784,586,5414,307,8544,246,5943,543,3873,412,4463,351,9153,291,1403,441,4302,982,0083,094,7983,577,5003,269,7603,261,8623,316,2743,604,5573,500,4153,299,6243,163,1133,010,3872,896,8712,972,9402,965,0123,045,5923,069,9753,103,0543,219,6143,043,6033,146,8263,326,5363,414,1053,165,3462,513,8892,343,0852,164,2971,820,6231,912,3521,956,5111,882,9571,967,343189,275245,496254,296237,782216,371226,051184,585193,227198,832193,069183,434168,586166,931237,617232,49064,17753,0510005,899000
   Common Stock
0
0
0
1
0
0
0
22
22
44
44
43
43
43
43
43
43
43
43
43
44
44
44
44
94
94
94
94
94
102
102
102
124
124
124
124
124
124
124
123
123
123
123
123
123
123
123
123
123
119
117
117
118
118
118
118
118
118
118
118
135
142
155
156
54
54
54
54
54
55
55
55
5555555454545454156155142135118118118118118118118118117117119123123123123123123123123123123124124124124124124124102102102949494949444444444434343434343434343444422220001000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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0
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0
0
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0
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0
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0
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0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
0
0
0
0
589,024
604,092
680,947
614,335
575,732
552,382
542,387
0
0
00542,387552,382575,732614,335680,947604,092589,024000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
-54,223
0
0
0
-39,394
-35,066
-35,197
-44,220
-120,070
-125,835
-116,032
-108,948
-112,484
-118,400
-130,578
-110,812
-130,515
-118,500
-114,321
-128,138
-170,793
-53,215
-147,107
-81,141
-146,594
-264,444
-299,467
-180,950
-46,608
-47,304
4,070
-177,911
-443,691
-604,033
-491,217
-629,435
-686,715
-718,342
-844,615
-867,610
-988,345
-931,402
-839,092
-753,772
-574,372
-508,077
-698,680
-735,894
-780,177
-798,864
-819,248
-949,150
-483,845
-642,142
-581,484
-541,996
-452,106
-491,727
-482,619
-532,642
-516,013
-559,479
-88,941
-116,611
-53,430
-42,870
-37,898
-52,915
-24,881
-24,881-52,915-37,898-42,870-53,430-116,611-88,941-559,479-516,013-532,642-482,619-491,727-452,106-541,996-581,484-642,142-483,845-949,150-819,248-798,864-780,177-735,894-698,680-508,077-574,372-753,772-839,092-931,402-988,345-867,610-844,615-718,342-686,715-629,435-491,217-604,033-443,691-177,9114,070-47,304-46,608-180,950-299,467-264,444-146,594-81,141-147,107-53,215-170,793-128,138-114,321-118,500-130,515-110,812-130,578-118,400-112,484-108,948-116,032-125,835-120,070-44,220-35,197-35,066-39,394000-54,223000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,544,211
4,555,369
2,897,207
2,908,913
2,925,729
2,933,773
2,944,094
0
0
002,944,0942,933,7732,925,7292,908,9132,897,2074,555,3694,544,211000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
201,681
0
0
0
201,660
201,660
404,974
405,473
280,189,000
400,818
401,497
402,229
402,852
403,816
405,314
405,528
406,901
409,741
411,686
413,013
244,734
2,185,285
2,187,498
2,191,064
2,197,694
2,201,262
2,526,645
2,536,527
2,541,005
3,168,273
3,173,873
3,194,896
2,757,141
3,205,895
3,215,963
3,219,262
2,512,552
3,183,896
3,189,835
3,192,788
2,211,337
3,207,724
3,214,746
3,220,073
2,653,802
3,236,334
3,100,201
3,051,695
2,277,805
3,421,063
3,427,979
3,434,617
2,961,752
3,453,941
3,462,532
3,470,169
3,478,008
4,201,745
4,225,248
4,528,097
4,544,211
4,555,369
2,897,207
2,908,913
2,925,729
2,933,773
2,944,094
2,952,975
2,900,747
2,900,7472,952,9752,944,0942,933,7732,925,7292,908,9132,897,2074,555,3694,544,2114,528,0974,225,2484,201,7453,478,0083,470,1693,462,5323,453,9412,961,7523,434,6173,427,9793,421,0632,277,8053,051,6953,100,2013,236,3342,653,8023,220,0733,214,7463,207,7242,211,3373,192,7883,189,8353,183,8962,512,5523,219,2623,215,9633,205,8952,757,1413,194,8963,173,8733,168,2732,541,0052,536,5272,526,6452,201,2622,197,6942,191,0642,187,4982,185,285244,734413,013411,686409,741406,901405,528405,314403,816402,852402,229401,497400,818280,189,000405,473404,974201,660201,660000201,681000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,707,197
Cost of Revenue-716,418
Gross Profit990,779990,779
 
Operating Income (+$)
Gross Profit990,779
Operating Expense-1,039,153
Operating Income-65,709-48,374
 
Operating Expense (+$)
Research Development75,331
Selling General Administrative830,305
Selling And Marketing Expenses0
Operating Expense1,039,153905,636
 
Net Interest Income (+$)
Interest Income0
Interest Expense-19,749
Other Finance Cost-0
Net Interest Income-19,749
 
Pretax Income (+$)
Operating Income-65,709
Net Interest Income-19,749
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-67,128-66,704
EBIT - interestExpense = -42,460
-46,550
-13,512
Interest Expense19,749
Earnings Before Interest and Taxes (EBIT)-22,711-47,379
Earnings Before Interest and Taxes (EBITDA)194,389
 
After tax Income (+$)
Income Before Tax-67,128
Tax Provision--13,289
Net Income From Continuing Ops-53,839-53,839
Net Income-33,261
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,755,571
Total Other Income/Expenses Net99519,749
 

Technical Analysis of Enovis
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Enovis. The general trend of Enovis is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Enovis's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Enovis Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 63.96 < 65.03 < 66.14.

The bearish price targets are: 58.69 > 58.44 > 58.00.

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Enovis Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Enovis Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Enovis Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Enovis Corp. The current macd is 0.23957846.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Enovis price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Enovis. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Enovis price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Enovis Corp Daily Moving Average Convergence/Divergence (MACD) ChartEnovis Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Enovis Corp. The current adx is 16.77.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Enovis shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Enovis Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Enovis Corp. The current sar is 58.76.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Enovis Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Enovis Corp. The current rsi is 61.00. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Enovis Corp Daily Relative Strength Index (RSI) ChartEnovis Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Enovis Corp. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Enovis price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Enovis Corp Daily Stochastic Oscillator ChartEnovis Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Enovis Corp. The current cci is 87.41.

Enovis Corp Daily Commodity Channel Index (CCI) ChartEnovis Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Enovis Corp. The current cmo is 34.28.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Enovis Corp Daily Chande Momentum Oscillator (CMO) ChartEnovis Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Enovis Corp. The current willr is -4.44241363.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Enovis Corp Daily Williams %R ChartEnovis Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Enovis Corp.

Enovis Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Enovis Corp. The current atr is 1.26361472.

Enovis Corp Daily Average True Range (ATR) ChartEnovis Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Enovis Corp. The current obv is -18,727,939.

Enovis Corp Daily On-Balance Volume (OBV) ChartEnovis Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Enovis Corp. The current mfi is 51.98.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Enovis Corp Daily Money Flow Index (MFI) ChartEnovis Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Enovis Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Enovis Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Enovis Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.996
Ma 20Greater thanMa 5060.991
Ma 50Greater thanMa 10060.439
Ma 100Greater thanMa 20056.521
OpenGreater thanClose62.050
Total4/5 (80.0%)
Penke

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