Dentsply International’s Neutral Rating Reaffirmed at Zacks (XRAY)
Dentsply International (NASDAQ:XRAY)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. They currently have a $45.00 price target on the stock. Zacks‘ price objective points to a potential upside of 3.93% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Dentsply International (NASDAQ:XRAY) from $39.00 to $43.00 in a research note to investors on Thursday, August 22nd. Analysts at Northcoast Research downgraded shares of Dentsply International (NASDAQ:XRAY) from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th.
One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Dentsply International has an average rating of “Hold” and a consensus target price of $43.00.
Shares of Dentsply International (NASDAQ:XRAY) traded up 1.94% during mid-day trading on Tuesday, hitting $44.14. The stock had a trading volume of 956,064 shares. Dentsply International has a one year low of $35.83 and a one year high of $44.21. The stock’s 50-day moving average is $42.36 and its 200-day moving average is $41.92. The company has a market cap of $6.281 billion and a price-to-earnings ratio of 18.43.
Dentsply International (NASDAQ:XRAY) last announced its earnings results on Thursday, August 1st. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The company had revenue of $761.00 million for the quarter, compared to the consensus estimate of $782.73 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, analysts predict that Dentsply International will post $2.35 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 11th. Shareholders of record on Friday, September 27th will be paid a dividend of $0.06 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Wednesday, September 25th.
DENTSPLY International Inc (NASDAQ:XRAY) is a designer, developer, manufacturer and marketer of a range of dental products.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.