DENTSPLY SIRONA (XRAY) Projected to Post Earnings on Thursday

DENTSPLY SIRONA (NASDAQ:XRAY) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $920.26 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

DENTSPLY SIRONA Stock Down 1.2 %

Shares of DENTSPLY SIRONA stock opened at $18.82 on Wednesday. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of -9.09, a P/E/G ratio of 1.80 and a beta of 0.96. DENTSPLY SIRONA has a 52-week low of $17.21 and a 52-week high of $34.91. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.84 and a current ratio of 1.25. The company’s 50 day moving average price is $18.90 and its 200-day moving average price is $21.60.

DENTSPLY SIRONA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.40%. DENTSPLY SIRONA’s dividend payout ratio is presently -30.92%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on XRAY. StockNews.com upgraded DENTSPLY SIRONA from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Evercore ISI reiterated an “in-line” rating and issued a $20.00 price target on shares of DENTSPLY SIRONA in a research note on Tuesday, January 7th. Leerink Partners cut DENTSPLY SIRONA from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Barrington Research cut their price target on DENTSPLY SIRONA from $36.00 to $24.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Finally, Jefferies Financial Group cut shares of DENTSPLY SIRONA from a “buy” rating to a “hold” rating and lowered their target price for the company from $30.00 to $20.00 in a research note on Thursday, January 23rd. Ten investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, DENTSPLY SIRONA has a consensus rating of “Hold” and a consensus target price of $25.85.

About DENTSPLY SIRONA

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.