Envista (NVST)
Envista, Danaher’s dental spin-off, is pitched as a de-risked long-term opportunity after U.S.
Thursday, May 22
Everything we published on this day.
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Envista, Danaher’s dental spin-off, is pitched as a de-risked long-term opportunity after U.S.
$PLUS Accelerating decline: Networking -37% (largest category), Product sales -18%, zero margin/ low quality Professional services now 15% of sales. Cut FY2026 top and bottom-line guide by 7% w further cuts almost certain to come. Trading at 14x 2026 guidance vs peers at 6-8x.
NSTS Bancorp’s three-year thrift-conversion anniversary could clear the way for a potential sale.