DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Given Average Recommendation of "Hold" by Analysts

Shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY - Get Free Report) have received an average recommendation of "Hold" from the five research firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $42.13.

Several research analysts have commented on the stock. Robert W. Baird upped their price objective on shares of DENTSPLY SIRONA from $36.00 to $46.00 in a report on Thursday, May 4th. UBS Group upped their price objective on shares of DENTSPLY SIRONA from $43.00 to $46.00 in a report on Friday, May 5th. StockNews.com assumed coverage on shares of DENTSPLY SIRONA in a report on Thursday, August 17th. They issued a "buy" rating for the company. Barrington Research restated an "outperform" rating and issued a $51.00 price objective on shares of DENTSPLY SIRONA in a report on Friday, August 4th. Finally, Stifel Nicolaus upped their price objective on shares of DENTSPLY SIRONA from $37.00 to $41.00 in a report on Thursday, May 4th.

Read Our Latest Research Report on XRAY

Shares of NASDAQ XRAY opened at $37.65 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.51 and a debt-to-equity ratio of 0.50. DENTSPLY SIRONA has a 52 week low of $26.48 and a 52 week high of $43.24. The firm's fifty day moving average is $39.37 and its 200 day moving average is $38.94. The company has a market cap of $7.97 billion, a price-to-earnings ratio of -7.89, a PEG ratio of 2.15 and a beta of 0.93.

DENTSPLY SIRONA (NASDAQ:XRAY - Get Free Report) last issued its earnings results on Wednesday, August 2nd. The medical instruments supplier reported $0.51 EPS for the quarter, topping the consensus estimate of $0.43 by $0.08. DENTSPLY SIRONA had a negative net margin of 26.04% and a positive return on equity of 10.29%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $998.98 million. DENTSPLY SIRONA's revenue was up .5% on a year-over-year basis. On average, equities research analysts expect that DENTSPLY SIRONA will post 1.97 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, September 28th. DENTSPLY SIRONA's dividend payout ratio (DPR) is -11.74%.

Institutional investors have recently bought and sold shares of the company. West Tower Group LLC purchased a new stake in DENTSPLY SIRONA during the 2nd quarter valued at about $28,000. PSI Advisors LLC purchased a new stake in shares of DENTSPLY SIRONA during the 2nd quarter valued at about $31,000. Quadrant Capital Group LLC boosted its holdings in shares of DENTSPLY SIRONA by 311.2% during the 4th quarter. Quadrant Capital Group LLC now owns 847 shares of the medical instruments supplier's stock valued at $27,000 after acquiring an additional 641 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of DENTSPLY SIRONA by 163.7% during the 1st quarter. Parkside Financial Bank & Trust now owns 915 shares of the medical instruments supplier's stock valued at $46,000 after acquiring an additional 568 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of DENTSPLY SIRONA during the 2nd quarter valued at about $43,000. 95.70% of the stock is owned by hedge funds and other institutional investors.

DENTSPLY SIRONA Inc manufactures and sells various dental products and technologies for professional dental market worldwide. The company operates through two segments, Technologies & Equipment, and Consumables. The Technologies & Equipment segment provides dental equipment, such as treatment centers, imaging equipment, motorized dental handpieces, and other instruments for dental practitioners and specialists; dental CAD/CAM technologies for dental offices to support various digital dental procedures, including dental restorations; dentist-directed aligner solutions, SureSmile, and direct-to-consumer clear aligner solutions, as well as high frequency vibration technology device; implants; and urology catheters and other healthcare-related consumable products.

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