The stock of DENTSPLY Sirona Inc (NASDAQ:XRAY) last traded at $31.36, up 1.19% from the previous session.
Data from the available sources indicates that DENTSPLY Sirona Inc (NASDAQ:XRAY) is covered by 15 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $41.00 and a low of $30.00, we find $35.00. Given the previous closing price of $30.99, this indicates a potential upside of 12.94 percent. XRAY stock price is now -1.25% away from the 50-day moving average and -15.33% away from the 200-day moving average. The market capitalization of the company currently stands at $6.64B.
In total, 8 analysts have assigned it a hold rating, and 7 have given it a buy rating. Brokers who have rated the stock have averaged $34.50 as their price target over the next twelve months.
With the price target of $35, Needham recently initiated with Buy rating for DENTSPLY Sirona Inc (NASDAQ: XRAY).
In other news, Campion Simon D, President, CEO & Member of BOD bought 10,000 shares of the company’s stock on Nov 20. The stock was bought for $297,000 at an average price of $29.70. Upon completion of the transaction, the President, CEO & Member of BOD now directly owns 243,930 shares in the company, valued at $7.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 20, Executive VP & CFO Coleman Glenn bought 10,000 shares of the business’s stock. A total of $297,000 was incurred on buying the stock at an average price of $29.70. This leaves the insider owning 73,566 shares of the company worth $2.31 million. Insiders disposed of 43,996 shares of company stock worth roughly $1.38 million over the past 1 year. A total of 0.94% of the company’s stock is owned by insiders.
With an opening price of $31.09 on Wednesday morning, DENTSPLY Sirona Inc (NASDAQ: XRAY) set off the trading day. During the past 12 months, DENTSPLY Sirona Inc has had a low of $26.27 and a high of $43.24. As of last week, the company has a debt-to-equity ratio of 0.63, a current ratio of 1.57, and a quick ratio of 1.04. The fifty day moving average price for XRAY is $31.76 and a two-hundred day moving average price translates $37.04 for the stock.
The latest earnings results from DENTSPLY Sirona Inc (NASDAQ: XRAY) was released for Sep, 2023. According to the Medical Instruments & Supplies Company, earnings per share came in at $0.49, beating analysts’ expectations of $0.48 by 0.01. This compares to -$5.01 EPS in the same period last year. The net profit margin was -5.44% and return on equity was -6.12% for XRAY. The company reported revenue of $947.0 million for the quarter, compared to $947.0 million a year earlier. For the current quarter, analysts expect XRAY to generate $971.36M in revenue.
DENTSPLY Sirona Inc(XRAY) Company Profile
DENTSPLY SIRONA Inc. manufactures and sells various dental products and technologies for professional dental market worldwide. The company operates through two segments, Technologies & Equipment, and Consumables. The Technologies & Equipment segment provides dental equipment, such as treatment centers, imaging equipment, motorized dental handpieces, and other instruments for dental practitioners and specialists; dental CAD/CAM technologies for dental offices to support various digital dental procedures, including dental restorations; dentist-directed aligner solutions, SureSmile, and direct-to-consumer clear aligner solutions, as well as high frequency vibration technology device; implants; and urology catheters and other healthcare-related consumable products. The Consumables segment offers endodontic products comprising drills, filers, sealers, irrigation needles, and other tools or single-use solutions, which support root canal procedures; restorative products that include artificial teeth, dental ceramics, digital dentures, precious metal dental alloys, and crown and bridge porcelain products. It also provides small equipment products, which comprise intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers, as well as dental anesthetics, prophylaxis paste, dental sealants, impression materials, teeth whiteners, and topical fluoride. DENTSPLY SIRONA Inc. was founded in 1877 and is headquartered in Charlotte, North Carolina.
