DENTSPLY Sirona Inc (NASDAQ:XRAY) saw a downside of -2.27% to $33.81 after subtracting -$0.78 on Wednesday. The 5-day average trading volume is 2,082,348 shares of the company’s common stock. It has gained $34.96 in the past week and touched a new high 1 time within the past 5 days. An average of 1,646,127 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,487,665.

XRAY’s 1-month performance is -10.21% or -$3.64 on its low of $33.66 reached on 09/22/23. The company’s shares have touched a 52-week low of $26.48 and high of $43.24, with the stock’s rally to the 52-week high happening on 05/03/23. YTD, XRAY has achieved 6.17% or $2.05 and has reached a new high 18 times. However, the current price is down -21.82% from the 52-week high price.

Insider Transactions

XRAY stock investors last saw insider trading activity on May 02.BRANDT ERIC (Director) most recently sold 6,200 shares at $42.17 per share on May 02. This transaction cost the insider $261,454. SVP, Chief Technology Officer, Staehler Cord Friedrich, sold 4,000 shares at a price of $39.33 on Mar 07.

Valuation Metrics

XRAY stock has a beta of 0.98. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.82 while the price-to-book (PB) in the most recent quarter is 1.93, with the price to cash flow ratio at 36.15.

DENTSPLY Sirona Inc’s quick ratio for the period ended June 29 was 0.99, with the current ratio over the same period at 1.51. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.54, while the total debt to equity was 0.61. In terms of profitability, the gross margin trailing 12 months is 53.48%. The trailing 12-month EBITDA margin is 17.72% while for the period ending June 29, DENTSPLY Sirona Inc’s operating margin was 7.42%. The firm’s gross profit as reported stood at $2.13 billion against revenue of $3.92 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 15.12% to $86.0 million, while revenue of -$19.0 million was 122.09% off the previous quarter. Analysts expected XRAY to announce $0.43 per share in earnings in its latest quarter, but it posted $0.51, representing a 18.60% surprise. EBITDA for the quarter stood at more than $166.0 million. XRAY stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 3.95 billion, with total debt at $2.28 billion. Shareholders hold equity totaling $211.72 million.

Let’s look briefly at DENTSPLY Sirona Inc (XRAY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 26.59% to suggest the stock is trending oversold, with historical volatility in this time period at 19.17%.

The stock’s 5-day moving average is $34.14, reflecting a -3.69% or -$1.30 change from its current price. XRAY is currently trading -10.32% above its 20-day SMA, -17.04% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -16.42% and SMA200 by+11.92%.

Stochastic %K and %D was 14.87% and 12.01% and the average true range (ATR) pointed at 0.74. The RSI (14) points at 27.86%, while the 14-day stochastic is at 7.22% with the period’s ATR at 0.73. The stock’s 9-day MACD Oscillator is pointing at -0.48 and -0.99 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for DENTSPLY Sirona Inc (NASDAQ: XRAY), William Blair upgraded it to a Mkt perform rating. They previously had an Underperform rating on the stock. Analysts offering their rating for XRAY stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate XRAY as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

What is XRAY’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $39.00 and a high of $51.00, with their median price target at $44.00. Looking at these predictions, the average price target given by analysts is for DENTSPLY Sirona Inc (XRAY) stock is $44.00.

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