Envista (NVST) Faces Macroeconomic Challenges, FX Headwind
Envista(NVST) Zacks Investment Research·2024-03-14 23:25
Envista Corporation (NVST) continues to suffer due to unfavorable currency movement. Strong competitors also pose a tough challenge for the company. The stock has a Zacks Rank #5 (Strong Sell) currently.Envista has been grappling with deteriorating international trade, with global inflationary pressure leading to a challenging situation related to raw material and labor costs as well as freight charges and rising interest rates. All these are creating significant pressure on the company’s profitability.Addi ...