DENTSPLY Sirona Inc [XRAY] Is Currently -1.91 below its 200 Period Moving Avg: What Does This Mean?

DENTSPLY Sirona Inc [NASDAQ: XRAY] traded at a low on Wednesday, posting a -1.91 loss after which it closed the day’ session at $18.52.

The results of the trading session contributed to over 3556913 shares changing hands. Over the past one week, the price volatility of DENTSPLY Sirona Inc stands at 3.25% while the volatility over the past one month is 3.82%.

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

The market cap for XRAY stock reached $3.68 billion, with 207.20 million shares outstanding and 197.59 million shares in the current float. Compared to the average trading volume of 3.08M shares, XRAY reached a trading volume of 3556913 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $23.45 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 Market Perform, with their previous recommendation back on November 07, 2024. While these analysts kept the previous recommendation, Needham dropped their target price from $34 to $29. The new note on the price target was released on October 25, 2024, representing the official price target for DENTSPLY Sirona Inc stock. Previously, the target price had yet another raise to $34, while Needham analysts kept a Buy rating on XRAY stock.

The Average True Range (ATR) for DENTSPLY Sirona Inc is set at 0.90, with the Price to Sales ratio for XRAY stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 1.48, with the Price to Cash per share for the same quarter was set at 1.49. Price to Free Cash Flow for XRAY in the course of the last twelve months was 10.09 with Quick ratio for the last quarter at 0.84.

How has XRAY stock performed recently?

DENTSPLY Sirona Inc [XRAY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.74. With this latest performance, XRAY shares dropped by -23.72% in over the last four-week period, additionally sinking by -33.98% over the last 6 months – not to mention a drop of -38.14% 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 33.56, with the RSI for the last a single of trading hit 35.35, and the three-weeks RSI is set at 33.86 for DENTSPLY Sirona Inc [XRAY]. The present Moving Average for the last 50 days of trading for this stock 23.54, while it was recorded at 18.40 for the last single week of trading, and 27.37 for the last 200 days.

DENTSPLY Sirona Inc [XRAY]: Deeper insight into the fundamentals

DENTSPLY Sirona Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 1.25.

Earnings analysis for DENTSPLY Sirona Inc [XRAY]

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 5.54%.

Insider trade positions for DENTSPLY Sirona Inc [XRAY]

There are presently around $109.25%, or 109.69%% 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%.