DENTSPLY Sirona Inc (NASDAQ:XRAY) shares, rose in value, with the stock price down by -0.15% to the previous day’s close as strong demand from buyers drove the stock to $19.41.
Actively observing the price movement in the recent trading, the stock is buoying the session at $19.44, falling within a range of $19.26 and $19.59. The value of beta (5-year monthly) is 1.027. Referring to stock’s 52-week performance, its high was $35.68, and the low was $17.21. On the whole, XRAY has fluctuated by 3.80% over the past month.
With the market capitalization of DENTSPLY Sirona Inc currently standing at about $3.86 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.64, with its dividend yield at 3.30%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.81B, with a low estimate of 907M and a high estimate of 932.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 920.9M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XRAY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of XRAY currently trading nearly 3.31% and 2.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.49, while the 7-day volatility ratio is showing 3.33% which for the 30-day chart, stands at 3.29%. Furthermore, DENTSPLY Sirona Inc (XRAY)’s beta value is 0.97, and its average true range (ATR) is 0.63.
A comparison of DENTSPLY Sirona Inc (XRAY) with its peers suggests the former has fared considerably weaker in the market. XRAY showed an intraday change of -0.15% in today’s session so far, and over the past year, it shrunk by -45.31%%.
Data on historical trading for DENTSPLY Sirona Inc (NASDAQ:XRAY) indicates that the trading volumes over the past 10 days have averaged 2.47 and over the past 3 months, they’ve averaged 3.42 million. According to company’s latest data on outstanding shares, there are 198.80 million shares outstanding.
Nearly 0.62% of DENTSPLY Sirona Inc’s shares belong to company insiders and institutional investors own 109.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.84 million shares as on 2024-12-31, resulting in a short ratio of 3.4. According to the data, the short interest in DENTSPLY Sirona Inc (XRAY) stood at 569.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 8.53 million. The stock has risen by 2.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XRAY stock heading into the next quarter.
