Envista Holdings (NVST) has disclosed a new risk, in the Accounting & Financial Operations category.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Envista Holdings faces significant business risk due to the complexity of accounting standards and the subjective nature of assumptions, estimates, and judgments made by management in dealing with complex accounting matters. The evolving nature of generally accepted accounting principles, particularly in areas such as intangible asset valuation, goodwill, and business combinations, could lead to substantial changes in the company’s financial results or condition. Any amendments in these accounting rules or their interpretations, or shifts in management’s underlying assumptions, could introduce considerable volatility to Envista Holdings’ reported or projected financial performance. Stakeholders are encouraged to consult Note 2 in the company’s Consolidated Financial Statements for further insights into its critical accounting policies and practices.
Overall, Wall Street has a Hold consensus rating on NVST stock based on 3 Buys, 1 Sell and 8 Holds.
To learn more about Envista Holdings’ risk factors, click here.
