NYSE:ENOVMedical Equipment
Enovis (ENOV): Reworked Credit Agreement Prompts Fresh Look at Turnaround Prospects and Valuation
Enovis (ENOV) just rewired its balance sheet by extending its credit facilities to 2030, loosening leverage covenants, and trimming borrowing costs under certain conditions, a quiet but meaningful shift in financial flexibility.
See our latest analysis for Enovis.
That balance sheet reset comes as sentiment has been weak, with a roughly 40% year to date share price return decline and a three year total shareholder return nearing 50% in the red. This suggests investors are still reassessing...