DENTSPLY SIRONA Inc. (NASDAQ: XRAY) is 5.60% higher on its value in year-to-date trading and has touched a low of $31.58 and a high of $60.87 in the current 52-week trading range. The XRAY stock was last observed hovering at around $53.75 in the last trading session, with the day’s gains setting it 1.54% off its average median price target of $58.00 for the next 12 months. It is also 22.13% off the consensus price target high of $71.00 offered by 17 analysts, but current levels are -25.66% lower than the price target low of $44.00 for the same period.
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Currently trading at $55.29, the stock is 4.61% and 9.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 2.87% at the moment leaves the stock 22.96% off its SMA200. XRAY registered -2.33% loss for a year compared to 6-month gain of 27.48%. The firm has a 50-day simple moving average (SMA 50) of $51.96 and a 200-day simple moving average (SMA200) of $46.64.
The stock witnessed a 6.02% loss in the last 1 month and extending the period to 3 months gives it a 23.39%, and is 5.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.23% over the week and 2.46% over the month.
DENTSPLY SIRONA Inc. (XRAY) has around 15200 employees, a market worth around $11.88B and $3.37B in sales. Fwd P/E is 23.88. Profit margin for the company is -2.30%. Distance from 52-week low is 75.11% and -9.17% from its 52-week high. The company has generated returns on investments over the last 12 months (4.30%).
DENTSPLY SIRONA Inc. (XRAY) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for DENTSPLY SIRONA Inc. (XRAY) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 2.20, where 6 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
DENTSPLY SIRONA Inc. is expected to release its quarterly report on 04/30/2021 and quarterly earnings per share for the current quarter are estimated at $0.64 with sales reaching $995.95M over the same period.The EPS is expected to grow by 125.90% this year, but quarterly earnings will post -19.10% year-over-year. Quarterly sales are estimated to shrink -10.40% in year-over-year returns.
DENTSPLY SIRONA Inc. (XRAY) Top Institutional Holders
748 institutions hold shares in DENTSPLY SIRONA Inc. (XRAY), with 764.94k shares held by insiders accounting for 0.35% while institutional investors hold 100.97% of the company’s shares. The shares outstanding are 218.50M, and float is at 217.79M with Short Float at 1.48%. Institutions hold 100.62% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 24.03 million shares valued at $1.05 billion. The investor’s holdings represent 10.99% of the XRAY Shares outstanding. As of Sep 29, 2020, the second largest holder is Generation Investment Management LLP with 19.34 million shares valued at $845.87 million to account for 8.85% of the shares outstanding. The other top investors are Blackrock Inc. which holds 16.54 million shares representing 7.57% and valued at over $723.13 million, while Artisan Partners Limited Partnership holds 7.09% of the shares totaling 15.49 million with a market value of $677.54 million.
DENTSPLY SIRONA Inc. (XRAY) Insider Activity
The most recent transaction is an insider sale by Deese Willie A, the company’s Director. SEC filings show that Deese Willie A sold 10,100 shares of the company’s common stock on Nov 23 at a price of $50.50 per share for a total of $0.51 million. Following the sale, the insider now owns 19977.0 shares.
DENTSPLY SIRONA Inc. disclosed in a document filed with the SEC on Nov 17 that ALFANO MICHAEL C (Director) sold a total of 7,600 shares of the company’s common stock. The trade occurred on Nov 17 and was made at $48.13 per share for $0.37 million. Following the transaction, the insider now directly holds 15691.0 shares of the XRAY stock.
Still, SEC filings show that on Jun 04, Newell William E (Chief Segment Officer) disposed off 10,000 shares at an average price of $48.23 for $0.48 million. The insider now directly holds 17,219 shares of DENTSPLY SIRONA Inc. (XRAY).
DENTSPLY SIRONA Inc. (XRAY): Who are the competitors?
The company’s main competitors (and peers) include Align Technology Inc. (ALGN) that is trading 90.17% up over the past 12 months. Pro-Dex Inc. (PDEX) is 78.56% up on the 1-year trading charts. Short interest in the company’s stock has fallen -27.55% from the last report on Nov 12, 2020 to stand at a total of 4.12 million short shares sold with a short interest ratio of 2.85.