Some Investing Thoughts On DENTSPLY Sirona Inc (NASDAQ: XRAY)

DENTSPLY Sirona Inc (XRAY) concluded trading on Wednesday at a closing price of $24.64, with 4.78 million shares of worth about $117.74 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.84% during that period and on October 16, 2024 the price saw a gain of about 1.36%. Currently the company’s common shares owned by public are about 207.20M shares, out of which, 201.14M shares are available for trading.

Stock saw a price change of 0.49% in past 5 days and over the past one month there was a price change of -7.68%. Year-to-date (YTD), XRAY shares are showing a performance of -30.77% which decreased to -21.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.58 but also hit the highest price of $37.60 during that period. The average intraday trading volume for DENTSPLY Sirona Inc shares is 2.68 million. The stock is currently trading -3.12% below its 20-day simple moving average (SMA20), while that difference is down -2.43% for SMA50 and it goes to -15.36% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

DENTSPLY Sirona Inc (NASDAQ: XRAY) currently have 207.20M outstanding shares and institutions hold larger chunk of about 106.40% of that.

The stock has a current market capitalization of $4.99B and its 3Y-monthly beta is at 1.01. It has posted earnings per share of -$0.87 in the same period. It has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XRAY, volatility over the week remained 2.32% while standing at 2.55% over the month.

Stock’s fiscal year EPS is expected to rise by 8.24% while it is estimated to increase by 15.57% in next year. EPS is likely to shrink at an annualized rate of 10.48% for next 5-years, compared to annual growth of 32.70% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on August 20, 2024 offering a Buy rating for the stock and assigned a target price of $34 to it. Coverage by Leerink Partners stated DENTSPLY Sirona Inc (XRAY) stock as an Outperform in their note to investors on February 26, 2024, suggesting a price target of $42 for the stock. Stock get a Mkt perform rating from William Blair on January 12, 2023.

Most Popular

Related Posts