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.
Wall Street Analysts Forecast Growth
XRAY has been the topic of several recent research reports. Bank of America lowered shares of DENTSPLY SIRONA from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $66.00 to $49.00 in a research report on Tuesday, April 19th. Morgan Stanley decreased their price target on DENTSPLY SIRONA from $48.00 to $44.00 and set an "overweight" rating for the company in a research report on Wednesday, July 20th. William Blair cut DENTSPLY SIRONA from a "market perform" rating to an "underperform" rating in a research note on Friday, August 5th. StockNews.com raised DENTSPLY SIRONA from a "hold" rating to a "buy" rating in a research report on Sunday, August 7th. Finally, Barrington Research dropped their price objective on shares of DENTSPLY SIRONA from $53.00 to $51.00 in a research note on Wednesday, May 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, DENTSPLY SIRONA presently has a consensus rating of "Hold" and an average target price of $48.11.
DENTSPLY SIRONA Stock Performance
XRAY Stock traded down $0.05 during mid-day trading on Monday, reaching $37.60. 1,144,916 shares of the stock traded hands, compared to its average volume of 2,139,154. The firm has a market capitalization of $8.10 billion, a PE ratio of 22.28, a P/E/G ratio of 3.05 and a beta of 0.91. The business has a 50-day moving average of $36.26 and a two-hundred day moving average of $43.27. DENTSPLY SIRONA has a 52 week low of $33.78 and a 52 week high of $63.10. The company has a quick ratio of 1.03, a current ratio of 1.45 and a debt-to-equity ratio of 0.38.
DENTSPLY SIRONA Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Thursday, September 29th. DENTSPLY SIRONA's dividend payout ratio (DPR) is currently 29.59%.