DENTSPLY SIRONA Inc (NASDAQ:XRAY) insider Markus Boehringer sold 7,373 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $37.86, for a total transaction of $279,141.78. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of XRAY stock opened at $36.47 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.76 and a quick ratio of 1.14. DENTSPLY SIRONA Inc has a 52 week low of $33.93 and a 52 week high of $68.47. The company has a market capitalization of $8.19 billion, a price-to-earnings ratio of 13.71, a price-to-earnings-growth ratio of 2.24 and a beta of 1.18.
DENTSPLY SIRONA (NASDAQ:XRAY) last issued its quarterly earnings results on Thursday, November 8th. The medical instruments supplier reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.08). DENTSPLY SIRONA had a negative net margin of 41.97% and a positive return on equity of 8.68%. The business had revenue of $928.40 million during the quarter, compared to analysts’ expectations of $951.58 million. During the same period in the prior year, the business earned $0.70 EPS. The business’s quarterly revenue was down 8.0% on a year-over-year basis. As a group, equities analysts forecast that DENTSPLY SIRONA Inc will post 1.97 EPS for the current fiscal year.
A number of hedge funds have recently modified their holdings of XRAY. Piedmont Investment Advisors LLC purchased a new position in DENTSPLY SIRONA in the 2nd quarter valued at approximately $117,000. NuWave Investment Management LLC boosted its position in DENTSPLY SIRONA by 22,360.0% in the 3rd quarter. NuWave Investment Management LLC now owns 3,369 shares of the medical instruments supplier’s stock valued at $127,000 after buying an additional 3,354 shares during the period. Rockefeller Capital Management L.P. boosted its position in DENTSPLY SIRONA by 1,941.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 3,369 shares of the medical instruments supplier’s stock valued at $127,000 after buying an additional 3,204 shares during the period. Qube Research & Technologies Ltd purchased a new position in DENTSPLY SIRONA in the 2nd quarter valued at approximately $134,000. Finally, Cornerstone Wealth Management LLC purchased a new position in DENTSPLY SIRONA in the 2nd quarter valued at approximately $202,000. 96.21% of the stock is owned by institutional investors.
A number of equities analysts recently weighed in on XRAY shares. Goldman Sachs Group raised shares of DENTSPLY SIRONA from a “sell” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Friday, October 19th. TheStreet cut shares of DENTSPLY SIRONA from a “c-” rating to a “d+” rating in a research report on Tuesday, August 14th. BidaskClub raised shares of DENTSPLY SIRONA from a “sell” rating to a “hold” rating in a research report on Wednesday, November 21st. Zacks Investment Research reaffirmed a “hold” rating on shares of DENTSPLY SIRONA in a research report on Saturday, November 17th. Finally, Barrington Research reaffirmed a “hold” rating on shares of DENTSPLY SIRONA in a research report on Friday, November 9th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $51.50.
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DENTSPLY SIRONA Company Profile
DENTSPLY SIRONA Inc designs, develops, manufactures, and markets various dental and oral health products, and other consumable healthcare products primarily for the professional dental market worldwide. The company operates in two segments, Technologies & Equipment; and Consumables. Its dental supplies include endodontic instruments and materials, dental anesthetics, prophylaxis pastes, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride products; and small equipment products comprise dental hand pieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers.
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