Is DENTSPLY Sirona Inc (XRAY) positioned for future growth?

With 2.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.1 million shares. During the session, the Medical Instruments & Supplies company that operates in wider Healthcare sector, reached to the highest price of $19.73 whereas the lowest price it dropped to was $19.2907. The 52-week range on XRAY shows that it touched its highest point at $37.60 and its lowest point at $17.21 during that stretch. It currently has a 1-year price target of $23.45. With its current market cap of 4.00 billion, XRAY has annualized dividend of $0.62 while the current yield stands at 3.16%. Beta for the stock currently stands at 0.97.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of XRAY was up-trending over the past week, with a rise of 6.05%, but this was down by -15.45% over a month. Three-month performance dropped to -22.49% while six-month performance fell -29.23%. The stock lost -37.61% in the past year, while it has lost -44.82% so far this year. A look at the trailing 12-month EPS for XRAY yields -2.07 with Next year EPS estimates of 1.94. For the next quarter, that number is 0.45. This implies an EPS growth rate of 1.35% for this year and 4.85% for next year. EPS is expected to grow by 5.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.70%.

Float and Shares Shorts:

At present, 207.20 million XRAY shares are outstanding with a float of 197.58 million shares on hand for trading. On 2024-11-15, short shares totaled 9.89 million, which was 497.99999999999994 higher than short shares on 1728950400. In addition to Mr. Robert Anthony Johnson as the firm’s Senior VP & Chief Supply Chain Officer and Head of Sustainability, Mr. Kevin Czerney serves as its Vice President & Chief Accounting Office.

Institutional Ownership:

Through their ownership of 1.09359 of XRAY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, XRAY reported revenue of $951000000.0 and operating income of $64000000.0. The EBITDA in the recently reported quarter was $153000000.0 and diluted EPS was -$2.46.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for XRAY since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With XRAY analysts setting a high price target of 35.0 and a low target of 19.0, the average target price over the next 12 months is 24.34615. Based on these targets, XRAY could surge 78.21% to reach the target high and fall by -3.26% to reach the target low. Reaching the average price target will result in a growth of 23.96% from current levels.

Analysts have provided yearly estimates in a range of $2.02427 being high and $1.81486 being low. For XRAY, this leads to a yearly average estimate of $1.85475. The surprise factor in the prior quarter was $0.49. Based on analyst estimates, the high estimate for the next quarter is $0.57 and the low estimate is $0.38. The average estimate for the next quarter is thus $0.44.