DENTSPLY SIRONA Inc. designs, develops, manufactures, distributes, and sells various dental products and technologies for professional dental market worldwide. It offers dental equipment, including treatment centers, imaging equipment, motorized dental handpieces, and other instruments; imaging equipment; treatment centers comprising basic dentist chairs, sophisticated chair-based units with integrated diagnostic, hygiene and ergonomic functionalities, and specialist centers; and lab equipment, such as amalgamators, mixing machines, and porcelain furnaces. The company also provides dental CAD/CAM products, digital impressions intraoral scanners, mills, and services; and orthodontic products, including high frequency vibration technology device under the name VPro, dentist-directed clear aligner solutions under the name SureSmile, and direct-to-consumer clear aligner solutions under the name Byte; dental implant products, bone regenerative and restorative solutions, and educational programs; and urology catheters and other healthcare-related consumable products. In addition, it offers endodontic products comprising endodontic instruments and materials, drills, filers, sealers, irrigation needles, and other tools or single-use solutions; restorative products that include dental prosthetics, such as artificial teeth, dental ceramics, digital dentures, precious metal dental alloys, and crown and bridge porcelain products; small equipment products comprise intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers; and dental supplies, including dental anesthetics, prophylaxis paste, dental sealants, impression materials, teeth whiteners, and topical fluoride. The company was formerly known as DENTSPLY International Inc. and changed its name to DENTSPLY SIRONA Inc. in February 2016. DENTSPLY SIRONA Inc. was founded in 1899 and is headquartered in Charlotte, North Carolina.
Analyst Upgrades and Downgrades
XRAY has been the subject of a number of research reports. Bank of America cut shares of DENTSPLY SIRONA from a "buy" rating to a "neutral" rating and cut their price target for the stock from $66.00 to $49.00 in a research note on Tuesday, April 19th. William Blair cut shares of DENTSPLY SIRONA from a "market perform" rating to an "underperform" rating in a research note on Friday, August 5th. HC Wainwright cut their price objective on shares of DENTSPLY SIRONA from $58.00 to $48.00 and set a "hold" rating for the company in a research note on Friday, April 22nd. Robert W. Baird cut shares of DENTSPLY SIRONA from an "outperform" rating to a "neutral" rating and cut their price objective for the company from $67.00 to $48.00 in a research note on Tuesday, April 19th. Finally, StockNews.com raised shares of DENTSPLY SIRONA from a "hold" rating to a "buy" rating in a research note on Sunday, August 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $48.11.
DENTSPLY SIRONA Trading Up 1.3 %
NASDAQ:XRAY traded up $0.48 during midday trading on Friday, reaching $37.65. 982,741 shares of the stock traded hands, compared to its average volume of 1,595,803. The company has a fifty day moving average of $36.26 and a 200 day moving average of $43.27. DENTSPLY SIRONA has a 12 month low of $33.78 and a 12 month high of $63.10. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.45. The stock has a market capitalization of $8.11 billion, a P/E ratio of 22.28, a PEG ratio of 3.05 and a beta of 0.91.
DENTSPLY SIRONA Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, September 29th. This represents a $0.50 dividend on an annualized basis and a yield of 1.33%. DENTSPLY SIRONA's dividend payout ratio is currently 29.59%.