DENTSPLY Sirona Inc (NASDAQ: XRAY) is -31.69% lower on its value in year-to-date trading and has touched a low of $23.58 and a high of $37.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The XRAY stock was last observed hovering at around $24.43 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $24.31, the stock is -4.81% and -3.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.87 million and changing -0.49% at the moment leaves the stock -16.65% off its SMA200. XRAY registered -21.15% loss for a year compared to 6-month loss of -21.05%. The firm has a 50-day simple moving average (SMA 50) of $25.2444 and a 200-day simple moving average (SMA200) of $29.16485.
The stock witnessed a -6.79% gain in the last 1 month and extending the period to 3 months gives it a -11.73%, and is -0.69% down 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 2.41% over the week and 2.59% over the month.
DENTSPLY Sirona Inc (XRAY) has around 15000 employees, a market worth around $4.93B and $3.90B in sales. Fwd P/E is 10.62. Profit margin for the company is -4.75%. Distance from 52-week low is 3.10% and -35.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.76%).
with sales reaching $937.91M over the same period.The EPS is expected to grow by 8.24% this year, but quarterly earnings will post -2.10% year-over-year. Quarterly sales are estimated to shrink -1.00% in year-over-year returns.
DENTSPLY Sirona Inc (XRAY) Top Institutional Holders
556.0 institutions hold shares in DENTSPLY Sirona Inc (XRAY), with institutional investors hold 109.00% of the company’s shares. The shares outstanding are 207.20M, and float is at 201.14M with Short Float at 9.53%. Institutions hold 108.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.73 million shares valued at $516.35 million. The investor’s holdings represent 9.9946% of the XRAY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.71 million shares valued at $466.1 million to account for 9.0218 of the shares outstanding. The other top investors are FIRST EAGLE INVESTMENT MANAGEMENT, LLC which holds 13.07 million shares representing 6.3018% and valued at over $325.57 million, while NUANCE INVESTMENTS, LLC holds 5.2459 of the shares totaling 10.88 million with a market value of $271.02 million.
DENTSPLY Sirona Inc (XRAY) Insider Activity
The most recent transaction is an insider purchase by LUCIER GREGORY T, the company’s Director. SEC filings show that LUCIER GREGORY T bought 8,212 shares of the company’s common stock on Aug 08 ’24 at a price of $24.35 per share for a total of $0.2 million. Following the purchase, the insider now owns 66661.0 shares.
DENTSPLY Sirona Inc disclosed in a document filed with the SEC on May 31 ’24 that LUCIER GREGORY T (Director) bought a total of 3,577 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $27.95 per share for $99976.0. Following the transaction, the insider now directly holds 58374.0 shares of the XRAY stock.
Still, SEC filings show that on Nov 22 ’23, LUCIER GREGORY T (Director) acquired 10,000 shares at an average price of $31.44 for $0.31 million. The insider now directly holds 43,121 shares of DENTSPLY Sirona Inc (XRAY).
