DENTSPLY SIRONA Inc. Plans Quarterly Dividend of $0.09 (XRAY)
DENTSPLY SIRONA Inc. (NASDAQ:XRAY) declared a quarterly dividend on Tuesday, December 12th, RTT News reports. Investors of record on Friday, December 29th will be given a dividend of 0.0875 per share by the medical instruments supplier on Friday, January 12th. This represents a $0.35 annualized dividend and a yield of 0.54%.
DENTSPLY SIRONA (NASDAQ:XRAY) traded up $0.12 on Tuesday, reaching $65.02. The company had a trading volume of 1,655,700 shares, compared to its average volume of 1,653,392. DENTSPLY SIRONA has a 1 year low of $52.53 and a 1 year high of $68.98. The company has a current ratio of 2.32, a quick ratio of 1.59 and a debt-to-equity ratio of 0.21. The firm has a market cap of $14,906.42, a price-to-earnings ratio of 25.86, a price-to-earnings-growth ratio of 2.57 and a beta of 1.31.
DENTSPLY SIRONA (NASDAQ:XRAY) last posted its quarterly earnings results on Friday, November 3rd. The medical instruments supplier reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $978.99 million. DENTSPLY SIRONA had a positive return on equity of 7.56% and a negative net margin of 20.33%. DENTSPLY SIRONA’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 EPS. research analysts anticipate that DENTSPLY SIRONA will post 2.65 earnings per share for the current year.
In other DENTSPLY SIRONA news, insider Mark Thierer acquired 77,000 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were acquired at an average price of $66.04 per share, for a total transaction of $5,085,080.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Francis J. Lunger sold 8,900 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $65.90, for a total value of $586,510.00. The disclosure for this sale can be found here. Corporate insiders own 1.99% of the company’s stock.
XRAY has been the topic of a number of analyst reports. HC Wainwright reaffirmed a “buy” rating and issued a $68.00 price target (down previously from $74.00) on shares of DENTSPLY SIRONA in a research report on Monday, August 14th. Zacks Investment Research lowered DENTSPLY SIRONA from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. BidaskClub lowered DENTSPLY SIRONA from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Jefferies Group reduced their price target on DENTSPLY SIRONA from $72.00 to $66.00 and set a “buy” rating on the stock in a research report on Wednesday, August 23rd. Finally, Cleveland Research lowered DENTSPLY SIRONA from a “buy” rating to a “neutral” rating in a research report on Thursday, October 5th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. DENTSPLY SIRONA currently has a consensus rating of “Buy” and an average price target of $68.83.
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DENTSPLY SIRONA Company Profile
DENTSPLY SIRONA Inc is a manufacturer of professional dental products and technologies. The Company develops, manufactures, and markets solutions offering, including dental and oral health products, as well as other consumable medical devices. It operates through two segments: Dental and Healthcare Consumables, and Technologies.
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