Needham lifts DENTSPLY Sirona Inc [XRAY] price estimate. Who else is bullish?

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DENTSPLY Sirona Inc [NASDAQ: XRAY] closed the trading session at $25.00.

The stocks have a year to date performance of -29.76 percent and weekly performance of -2.84 percent. The stock has been moved at -21.51 percent over the last six months. The stock has performed 0.00 percent around the most recent 30 days and changed 0.97 percent over the most recent 3-months.

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If compared to the average trading volume of 2.75M shares, XRAY reached to a volume of 2944665 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $31.42 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 1.88. 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.

Needham have made an estimate for DENTSPLY Sirona Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 20, 2024. While these analysts kept the previous recommendation, Leerink Partners raised their target price to Outperform. The new note on the price target was released on February 26, 2024, representing the official price target for DENTSPLY Sirona Inc stock. Previously, the target price had yet another raise to $35, while Needham analysts kept a Buy rating on XRAY stock.

The Average True Range (ATR) for DENTSPLY Sirona Inc is set at 0.86, with the Price to Sales ratio for XRAY stock in the period of the last 12 months amounting to 1.30. The Price to Book ratio for the last quarter was 1.65, with the Price to Cash per share for the same quarter was set at 1.38. Price to Free Cash Flow for XRAY in the course of the last twelve months was 13.92 with Quick ratio for the last quarter at 0.87.

XRAY stock trade performance evaluation

DENTSPLY Sirona Inc [XRAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.84. With this latest performance, XRAY shares dropped by 0.00% in over the last four-week period, additionally sinking by -21.51% over the last 6 months – not to mention a drop of -25.99% 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 42.65, with the RSI for the last a single of trading hit 37.11, and the three-weeks RSI is set at 45.15 for DENTSPLY Sirona Inc [XRAY]. The present Moving Average for the last 50 days of trading for this stock 25.55, while it was recorded at 26.35 for the last single week of trading, and 29.63 for the last 200 days.

DENTSPLY Sirona Inc [XRAY]: An insightful look at the core fundamentals

DENTSPLY Sirona Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.87 and a Current Ratio set at 1.33.

Earnings per share (EPS) analysis for DENTSPLY Sirona Inc [XRAY] stock

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 11.00%.

DENTSPLY Sirona Inc [XRAY]: Institutional Ownership

There are presently around $108.53%, or 108.96%% of XRAY stock, in the hands of institutional investors. The top three institutional holders of XRAY stocks are: VANGUARD GROUP INC with ownership of 20.73 million shares, which is approximately 9.9946%. BLACKROCK INC., holding 18.71 million shares of the stock with an approximate value of $$466.1 million in XRAY stocks shares; and BLACKROCK INC., currently with $$325.57 million in XRAY stock with ownership which is approximately 6.3018%.