DENTSPLY SIRONA (XRAY) to Release Quarterly Earnings on Thursday

DENTSPLY SIRONA (NASDAQ:XRAY) will post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect DENTSPLY SIRONA to post earnings of $0.47 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

DENTSPLY SIRONA (NASDAQ:XRAY) last released its quarterly earnings data on Wednesday, July 31st. The medical instruments supplier reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.01). DENTSPLY SIRONA had a positive return on equity of 11.86% and a negative net margin of 4.75%. The business had revenue of $984.00 million during the quarter, compared to analyst estimates of $993.61 million. During the same period in the previous year, the company earned $0.51 EPS. DENTSPLY SIRONA’s revenue was down 4.3% on a year-over-year basis. On average, analysts expect DENTSPLY SIRONA to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DENTSPLY SIRONA Price Performance

DENTSPLY SIRONA stock opened at $23.41 on Thursday. DENTSPLY SIRONA has a 52-week low of $22.85 and a 52-week high of $37.60. The firm has a fifty day moving average of $25.16 and a 200-day moving average of $26.31. The firm has a market capitalization of $4.75 billion, a P/E ratio of -27.01, a PEG ratio of 1.12 and a beta of 1.00. The company has a quick ratio of 0.87, a current ratio of 1.33 and a debt-to-equity ratio of 0.57.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. StockNews.com raised shares of DENTSPLY SIRONA from a “hold” rating to a “buy” rating in a research report on Monday. Robert W. Baird lowered their price target on shares of DENTSPLY SIRONA from $33.00 to $31.00 and set a “neutral” rating for the company in a report on Monday, July 22nd. Needham & Company LLC lowered their price target on shares of DENTSPLY SIRONA from $34.00 to $29.00 and set a “buy” rating for the company in a report on Friday, October 25th. Stifel Nicolaus lowered their price target on shares of DENTSPLY SIRONA from $30.00 to $28.00 and set a “hold” rating for the company in a report on Thursday, July 18th. Finally, Evercore ISI lowered their price target on shares of DENTSPLY SIRONA from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $32.67.

DENTSPLY SIRONA Company Profile

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.