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Enovis (NYSE:ENOV) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS
['Trevor Kearing']
Daily Political
The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.05, FiscalAI reports.
Enovis Price PerformanceShares of ENOV stock traded up $0.38 on Friday, reaching $26.68.
BTIG Research Price TargetBTIG Research raised its price target from $39 to $40 and maintained a Buy rating, implying substantial potential upside from recent trading levels.
Enovis Shares Drop After Second-Quarter EarningsThe market reaction was negative because Enovis’ second-quarter performance was characterized as “softer than expected.”
In the last 90 days, insiders have purchased 4,200 shares of company stock valued at $92,084.