DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• DENTSPLY SIRONA Inc. has received a consensus recommendation of "Hold" from thirteen brokerages, with eleven maintaining a hold rating and two issuing a buy rating.
• The firm reported $0.52 earnings per share for the last quarter, outperforming the consensus estimate by $0.02, though revenue declined by 4.9% year-over-year.
• A quarterly dividend of $0.16 per share has been announced, yielding 4.4%, with the ex-dividend date set for September 26th.

DENTSPLY SIRONA Inc. (NASDAQ:XRAY - Get Free Report) has earned a consensus recommendation of "Hold" from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. Eleven analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $18.6364.

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of DENTSPLY SIRONA from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Needham & Company LLC reissued a "hold" rating on shares of DENTSPLY SIRONA in a research note on Monday, July 21st. Piper Sandler cut their target price on shares of DENTSPLY SIRONA from $20.00 to $16.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Stifel Nicolaus reduced their price target on DENTSPLY SIRONA from $19.00 to $17.00 and set a "hold" rating for the company in a report on Friday, August 8th. Finally, UBS Group reduced their price objective on shares of DENTSPLY SIRONA from $25.00 to $24.00 and set a "buy" rating for the company in a research note on Friday, August 8th.

Institutional Trading of DENTSPLY SIRONA

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. bought a new stake in DENTSPLY SIRONA during the first quarter worth about $25,000. Colonial Trust Co SC bought a new stake in shares of DENTSPLY SIRONA during the fourth quarter worth approximately $26,000. Brooklyn Investment Group acquired a new position in shares of DENTSPLY SIRONA in the 1st quarter valued at $26,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in DENTSPLY SIRONA in the first quarter valued at about $26,000. Finally, Trust Co. of Toledo NA OH bought a new position in DENTSPLY SIRONA during the 2nd quarter worth approximately $27,000. Institutional investors own 95.70% of the company's stock.

DENTSPLY SIRONA Price Performance

Shares of NASDAQ XRAY opened at $14.66 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 1.13. The business has a 50 day moving average price of $15.27 and a two-hundred day moving average price of $15.52. The firm has a market cap of $2.92 billion, a PE ratio of -3.09, a price-to-earnings-growth ratio of 0.87 and a beta of 0.94. DENTSPLY SIRONA has a fifty-two week low of $12.16 and a fifty-two week high of $27.48.

DENTSPLY SIRONA (NASDAQ:XRAY - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The medical instruments supplier reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $936.00 million for the quarter, compared to analysts' expectations of $929.67 million. DENTSPLY SIRONA had a positive return on equity of 16.33% and a negative net margin of 25.85%.DENTSPLY SIRONA's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 earnings per share. DENTSPLY SIRONA has set its FY 2025 guidance at 1.800-2.000 EPS. Sell-side analysts expect that DENTSPLY SIRONA will post 1.84 earnings per share for the current fiscal year.

DENTSPLY SIRONA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Friday, September 26th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 4.4%. The ex-dividend date is Friday, September 26th. DENTSPLY SIRONA's dividend payout ratio is presently -13.50%.

About DENTSPLY SIRONA

DENTSPLY SIRONA Inc manufactures and sells various dental products and technologies worldwide. It operates in four segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare. The company offers dental equipment comprising imaging equipment, motorized dental handpieces, treatment centers, other instruments, amalgamators, mixing machines, and porcelain furnaces; and dental CAD/CAM technologies to support dental restorations, such as intraoral scanners, 3-D printers, mills, other software and services, and a full-chairside economical restoration of esthetic ceramic dentistry, as well as DS Core, its cloud-based platform.

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