DENTSPLY Sirona Inc [NASDAQ: XRAY] loss 0.00% on the last trading session, reaching $28.25 price per share at the time.
If compared to the average trading volume of 3.50M shares, XRAY reached a trading volume of 4173783 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $34.54 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 2.00. 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.
Leerink Partners have made an estimate for DENTSPLY Sirona Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 26, 2024. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on November 16, 2023, representing the official price target for DENTSPLY Sirona Inc stock.
The Average True Range (ATR) for DENTSPLY Sirona Inc is set at 0.80, 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 1.80, with the Price to Cash per share for the same quarter was set at 1.40. Price to Free Cash Flow for XRAY in the course of the last twelve months was 21.02 with Quick ratio for the last quarter at 0.97.
Trading performance analysis for XRAY stock
DENTSPLY Sirona Inc [XRAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.86. With this latest performance, XRAY shares dropped by -12.38% in over the last four-week period, additionally sinking by -3.29% over the last 6 months – not to mention a drop of -31.60% 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 24.70, with the RSI for the last a single of trading hit 19.96, and the three-weeks RSI is set at 28.87 for DENTSPLY Sirona Inc [XRAY]. The present Moving Average for the last 50 days of trading for this stock 31.92, while it was recorded at 28.67 for the last single week of trading, and 33.74 for the last 200 days.
DENTSPLY Sirona Inc [XRAY]: A deeper dive into fundamental analysis
DENTSPLY Sirona Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.97 and a Current Ratio set at 1.43.
DENTSPLY Sirona Inc [XRAY]: An earnings per share (EPS) analysis
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 12.50%.
An analysis of Institutional ownership at DENTSPLY Sirona Inc [XRAY]
The top three institutional holders of XRAY stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in XRAY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in XRAY stock with ownership which is approximately 5.8386%.
