DENTSPLY Sirona Inc [NASDAQ: XRAY] price plunged by -2.54 percent to reach at -$0.72. The company report on November 2, 2023 at 7:30 AM that Dentsply Sirona Announces Appointment of Mr. Brian Gladden as New Board Member.
“On behalf of Dentsply Sirona and the Board of Directors, I am pleased to welcome Brian Gladden to the Board,” said Eric K. Brandt, Non-Executive Chairman of the Board. “Brian brings more than 35 years of experience with a proven track record in setting strategic vision, building world-class organizations, and driving business growth and transformation. Brian will be a valuable member of our Board and we look forward to his financial, operational and strategic contributions as we work to realize our vision of transforming dentistry to improve oral health globally.”.
A sum of 3766022 shares traded at recent session while its average daily volume was at 2.35M shares. DENTSPLY Sirona Inc shares reached a high of $28.67 and dropped to a low of $27.645 until finishing in the latest session at $27.68.
The one-year XRAY stock forecast points to a potential upside of 20.3. The average equity rating for XRAY stock is currently 2.29, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on DENTSPLY Sirona Inc [XRAY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XRAY shares is $34.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XRAY stock is a recommendation set at 2.29. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for DENTSPLY Sirona Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 12, 2023.
The Average True Range (ATR) for DENTSPLY Sirona Inc is set at 1.13, with the Price to Sales ratio for XRAY stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 1.46. Price to Free Cash Flow for XRAY in the course of the last twelve months was 26.90 with Quick ratio for the last quarter at 1.04.
XRAY Stock Performance Analysis:
DENTSPLY Sirona Inc [XRAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.25. With this latest performance, XRAY shares dropped by -14.57% in over the last four-week period, additionally sinking by -32.54% over the last 6 months – not to mention a drop of -1.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XRAY stock in for the last two-week period is set at 28.40, with the RSI for the last a single of trading hit 26.20, and the three-weeks RSI is set at 29.64 for DENTSPLY Sirona Inc [XRAY]. The present Moving Average for the last 50 days of trading for this stock 33.13, while it was recorded at 28.48 for the last single week of trading, and 37.41 for the last 200 days.
Insight into DENTSPLY Sirona Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and DENTSPLY Sirona Inc [XRAY] shares currently have an operating margin of +9.36 and a Gross Margin at +54.31. DENTSPLY Sirona Inc’s Net Margin is presently recorded at -24.22.
Return on Total Capital for XRAY is now 5.54, given the latest momentum, and Return on Invested Capital for the company is -14.79. Return on Equity for this stock declined to -21.57, with Return on Assets sitting at -11.25. When it comes to the capital structure of this company, DENTSPLY Sirona Inc [XRAY] has a Total Debt to Total Equity ratio set at 56.34. Additionally, XRAY Total Debt to Total Capital is recorded at 36.04, with Total Debt to Total Assets ending up at 28.09. Long-Term Debt to Equity for the company is recorded at 51.82, with the Long-Term Debt to Total Capital now at 33.15.
Reflecting on the efficiency of the workforce at the company, DENTSPLY Sirona Inc [XRAY] managed to generate an average of -$63,333 per employee. Receivables Turnover for the company is 5.27 with a Total Asset Turnover recorded at a value of 0.46.DENTSPLY Sirona Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.57.
XRAY Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XRAY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DENTSPLY Sirona Inc go to 8.00%.
DENTSPLY Sirona Inc [XRAY] Institutonal Ownership Details
The top three institutional holders of XRAY stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in XRAY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in XRAY stock with ownership which is approximately 5.7994%.