DENTSPLY SIRONA (XRAY) Stock Price, News & Analysis

Company Overview

DENTSPLY SIRONA Inc. manufactures and sells various dental products and technologies worldwide. It operates in four segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare. The company offers dental equipment comprising imaging equipment, motorized dental handpieces, treatment centers, other instruments, amalgamators, mixing machines, and porcelain furnaces; and dental CAD/CAM technologies to support dental restorations, such as intraoral scanners, 3-D printers, mills, other software and services, and a full-chairside economical restoration of esthetic ceramic dentistry, as well as DS Core, its cloud-based platform. It also provides endodontic products consisting of motorized endodontic handpieces, files, sealers, irrigation needles, and other tools that support root canal procedures; restorative products, including dental ceramics, crowns, and veneers; and preventative products, such as curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers, as well as dental anesthetics, prophylaxis paste, dental sealants, and impression materials. In addition, the company offers SureSmile and Byte aligner solutions; VPro/HyperByte, a high-frequency vibration technology device; SureSmile Simulator, which creates a 3D visualization of a patient's outcome; and Byte Plus for treatment planning. Further, it provides dental implants, digital dentures, crown and bridge porcelain products, bone regenerative and restorative solutions, treatment planning software, and educational programs; dental prosthetics; urology catheters; and other health-related consumables. The company serves professional dental and consumable medical device markets through third-party distributors. The company was formerly known as DENTSPLY International Inc. and changed its name to DENTSPLY SIRONA Inc. in February 2016. DENTSPLY SIRONA Inc. was founded in 1877 and is headquartered in Charlotte, North Carolina

Key Stats

• Today's Range: $18.46 to $18.84
• 50-Day Range: $17.26 to $24.73
• 52-Week Range: $17.21 to $37.60
• Volume: 10.90 million shs
• Average Volume: 3.13 million shs
• Market Capitalization: $3.72 billion
• P/E Ratio: N/A
• Dividend Yield: 3.42%
• Price Target: $27.91
• Consensus Rating: Hold

DENTSPLY SIRONA Stock Analysis - MarketRank™

DENTSPLY SIRONA scored higher than 98% of companies evaluated by MarketBeat, and ranked 43rd out of 947 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

DENTSPLY SIRONA has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 5 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

DENTSPLY SIRONA has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.43%

Earnings Growth

Earnings for DENTSPLY SIRONA are expected to grow by 5.43% in the coming year, from $1.84 to $1.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DENTSPLY SIRONA is -9.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of DENTSPLY SIRONA is -9.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

DENTSPLY SIRONA has a PEG Ratio of 1.93. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

DENTSPLY SIRONA has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.32% of the float of DENTSPLY SIRONA has been sold short.

Short Interest Ratio / Days to Cover

DENTSPLY SIRONA has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DENTSPLY SIRONA has recently decreased by 13.75%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

DENTSPLY SIRONA pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

DENTSPLY SIRONA has been increasing its dividend for 13 years.

Dividend Sustainability

Based on earnings estimates, DENTSPLY SIRONA will have a dividend payout ratio of 32.99% next year. This indicates that DENTSPLY SIRONA will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -1.13

Percentage of Shares Shorted

4.32% of the float of DENTSPLY SIRONA has been sold short.

Short Interest Ratio / Days to Cover

DENTSPLY SIRONA has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DENTSPLY SIRONA has recently decreased by 13.75%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.10

News Sentiment

DENTSPLY SIRONA has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for DENTSPLY SIRONA this week, compared to 8 articles on an average week.

MarketBeat Follows

9 people have added DENTSPLY SIRONA to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, DENTSPLY SIRONA insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.52% of the stock of DENTSPLY SIRONA is held by insiders.

Percentage Held by Institutions

95.70% of the stock of DENTSPLY SIRONA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

XRAY Stock Analysis - Frequently Asked Questions

How have XRAY shares performed this year?

DENTSPLY SIRONA's stock was trading at $35.59 at the beginning of 2024. Since then, XRAY stock has decreased by 47.5% and is now trading at $18.70.
View the best growth stocks for 2024 here.

How were DENTSPLY SIRONA's earnings last quarter?

DENTSPLY SIRONA Inc. (NASDAQ:XRAY) posted its quarterly earnings results on Thursday, November, 7th. The medical instruments supplier reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The firm's quarterly revenue was up .4% compared to the same quarter last year.
Read the conference call transcript.

Is DENTSPLY SIRONA buying back stock?

DENTSPLY SIRONA's Board of Directors approved a share repurchase program on Thursday, November 9th 2023, which allows the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 16.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Does DENTSPLY SIRONA have any subsidiaries?

The following companies are subsidiaries of DENTSPLY SIRONA: Propel Orthodontics LLC, Datum Dental Ltd., Straight Smile LLC, OraMetrix Inc, Recherche Techniques Dentaires, MIS Implants Technologies Ltd, Sirona Dental System, and more.

Who are DENTSPLY SIRONA's major shareholders?

DENTSPLY SIRONA's top institutional investors include Nuance Investments LLC (5.35%), FMR LLC (4.56%), State Street Corp (3.25%) and Janus Henderson Group PLC (3.21%). Insiders that own company stock include Cord Friedrich Staehler, Glenn Coleman, Gregory T Lucier and Eric Brandt.
View institutional ownership trends.

How do I buy shares of DENTSPLY SIRONA?

Shares of XRAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DENTSPLY SIRONA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DENTSPLY SIRONA investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Exxon Mobil (XOM).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/27/2024
• Dividend Payable: 10/11/2024
• Last Earnings: 11/07/2024
• Today: 12/21/2024
• Ex-Dividend for 1/10 Dividend: 12/27/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/10/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Dental equipment & supplies
• Sub-Industry: Health Care Supplies
• Current Symbol: NASDAQ:XRAY
• CUSIP: 24903010
• CIK: 818479
• Web: www.dentsplysirona.com
• Phone: (844) 848-0137
• Fax: 302-655-5049
• Employees: 15,000
• Year Founded: 1899

Price Target and Rating

• Average Stock Price Target: $27.91
• High Stock Price Target: $42.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: +49.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.16
• P/E Growth: 1.93
• Net Income: $-132,000,000.00
• Net Margins: -10.59%
• Pretax Margin: -9.13%
• Return on Equity: 12.62%
• Return on Assets: 5.45%

Debt

• Debt-to-Equity Ratio: 0.72
• Current Ratio: 1.25
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $3.90 billion
• Price / Sales: 0.95
• Cash Flow: $4.58 per share
• Price / Cash Flow: 4.08
• Book Value: $15.55 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 198,780,000
• Free Float: 197,746,000
• Market Cap: $3.72 billion
• Optionable: Optionable
• Beta: 0.96