DENTSPLY SIRONA Inc. (XRAY) To Go Ex-Dividend on December 28th
DENTSPLY SIRONA Inc. (NASDAQ:XRAY) announced a quarterly dividend on Tuesday, December 12th, RTT News reports. Investors of record on Friday, December 29th will be paid 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 0.53%. The ex-dividend date of this dividend is Thursday, December 28th.
Shares of DENTSPLY SIRONA (NASDAQ XRAY) traded up $0.44 during mid-day trading on Wednesday, reaching $66.26. The company had a trading volume of 856,500 shares, compared to its average volume of 1,631,498. DENTSPLY SIRONA has a 1-year low of $52.53 and a 1-year high of $68.98. The company has a market capitalization of $15,300.00, a PE ratio of -19.04, a PEG ratio of 2.64 and a beta of 1.31. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.32 and a quick ratio of 1.59.
DENTSPLY SIRONA (NASDAQ:XRAY) last announced its earnings results on Friday, November 3rd. The medical instruments supplier reported $0.70 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.04. DENTSPLY SIRONA had a positive return on equity of 7.56% and a negative net margin of 20.33%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $978.99 million. During the same period in the prior year, the business posted $0.66 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. sell-side analysts predict that DENTSPLY SIRONA will post 2.65 earnings per share for the current year.
In related news, CFO Nicholas W. Alexos acquired 50,000 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were acquired at an average price of $65.85 per share, with a total value of $3,292,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Francis J. Lunger sold 8,900 shares of the stock in a transaction dated Monday, November 13th. The stock was 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. 1.99% of the stock is currently owned by corporate insiders.
A number of equities analysts have recently weighed in on the company. Deutsche Bank assumed coverage on DENTSPLY SIRONA in a research report on Friday, December 8th. They set a “buy” rating and a $81.00 target price on the stock. Zacks Investment Research raised DENTSPLY SIRONA from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. BidaskClub lowered DENTSPLY SIRONA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Cleveland Research lowered DENTSPLY SIRONA from a “buy” rating to a “neutral” rating in a research report on Thursday, October 5th. Finally, Barrington Research raised DENTSPLY SIRONA from a “market perform” rating to an “outperform” rating and set a $73.00 target price on the stock in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. DENTSPLY SIRONA presently has an average rating of “Buy” and an average price target of $69.31.
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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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