Are DENTSPLY Sirona Inc (XRAY) stocks a prudent buy?

DENTSPLY Sirona Inc [XRAY] stock is trading at $26.36, down -0.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The XRAY shares have gain 3.25% over the last week, with a monthly amount glided 2.73%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

DENTSPLY Sirona Inc [NASDAQ: XRAY] stock has seen the most recent analyst activity on February 26, 2024, when Leerink Partners initiated its Outperform rating and assigned the stock a price target of $42. Previously, Needham started tracking the stock with Buy rating on November 16, 2023, and set its price target to $35. On November 10, 2023, upgrade upgraded it’s rating to Outperform. William Blair upgraded its rating to a Mkt Perform. William Blair downgraded its rating to a Underperform. UBS upgraded its rating to Buy for this stock on June 02, 2022, and downed its price target to $47. In a note dated April 20, 2022, William Blair downgraded an Mkt Perform rating on this stock.

DENTSPLY Sirona Inc [XRAY] stock has fluctuated between $23.94 and $41.65 over the past year. Currently, Wall Street analysts expect the stock to reach $42.13 within the next 12 months. DENTSPLY Sirona Inc [NASDAQ: XRAY] shares were valued at $26.36 at the most recent close of the market. An investor can expect a potential return of 59.83% based on the average XRAY price forecast.

Analyzing the XRAY fundamentals

DENTSPLY Sirona Inc [NASDAQ:XRAY] reported sales of 3.94B for the trailing twelve months, which represents a drop of -2.56%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.09 points at the first support level, and at 25.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.61, and for the 2nd resistance point, it is at 26.86.

Ratios To Look Out For

For context, DENTSPLY Sirona Inc’s Current Ratio is 1.43. Also, the Quick Ratio is 0.97, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 1.68.

Transactions by insiders

Recent insider trading involved LUCIER GREGORY T, Director, that happened on May 31 ’24 when 3577.0 shares were purchased. Director, LUCIER GREGORY T completed a deal on Nov 22 ’23 to buy 10000.0 shares. Meanwhile, Executive VP & CFO Coleman Glenn bought 10000.0 shares on Nov 20 ’23.

Related Posts