A new trading day began on Tuesday, with Revvity Inc. (NYSE: RVTY) stock price down -0.62% from the previous day of trading, before settling in for the closing price of $120.24. RVTY’s price has ranged from $79.50 to $128.15 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 1.15% over the last five years. Meanwhile, its annual earnings per share averaged 2.21%. With a float of $122.70 million, this company’s outstanding shares have now reached $123.43 million.
The firm has a total of 11500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 48.58%, operating margin of 10.78%, and the pretax margin is 7.5%.
Revvity Inc. (RVTY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Revvity Inc. is 0.51%, while institutional ownership is 91.52%. The most recent insider transaction that took place on Aug 15 ’24, was worth 100,827. In this transaction Director of this company sold 850 shares at a rate of $118.62, taking the stock ownership to the 7,770 shares. Before that another transaction happened on Aug 15 ’24, when Company’s Officer proposed sale 850 for $117.65, making the entire transaction worth $100,000.
Revvity Inc. (RVTY) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.18 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.21% per share during the next fiscal year.
Revvity Inc. (NYSE: RVTY) Trading Performance Indicators
Here are Revvity Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.44. Likewise, its price to free cash flow for the trailing twelve months is 38.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.77, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach 5.19 in one year’s time.
Technical Analysis of Revvity Inc. (RVTY)
Analysing the last 5-days average volume posted by the [Revvity Inc., RVTY], we can find that recorded value of 0.54 million was lower than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 69.55%. Additionally, its Average True Range was 3.16.
During the past 100 days, Revvity Inc.’s (RVTY) raw stochastic average was set at 71.95%, which indicates a significant increase from 33.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.10% in the past 14 days, which was lower than the 29.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $112.41, while its 200-day Moving Average is $105.15. Now, the first resistance to watch is $120.70. This is followed by the second major resistance level at $121.89. The third major resistance level sits at $122.53. If the price goes on to break the first support level at $118.87, it is likely to go to the next support level at $118.23. Should the price break the second support level, the third support level stands at $117.04.
Revvity Inc. (NYSE: RVTY) Key Stats
With a market capitalization of 14.74 billion, the company has a total of 123,393K Shares Outstanding. Currently, annual sales are 2,751 M while annual income is 693,090 K. The company’s previous quarter sales were 691,690 K while its latest quarter income was 55,360 K.
