Dentsply International VP Sells $1,838,692 in Stock (XRAY)
Dentsply International (NASDAQ:XRAY) VP James Mosch unloaded 41,836 shares of Dentsply International stock on the open market in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $43.95, for a total transaction of $1,838,692.20. Following the completion of the transaction, the vice president now directly owns 17,068 shares of the company’s stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on XRAY. Analysts at Zacks reiterated a “neutral” rating on shares of Dentsply International (NASDAQ:XRAY) in a research note to investors on Tuesday. They now have a $45.00 price target on the stock. Separately, 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. Finally, 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 assigned a hold rating and three have issued a buy rating to the stock. Dentsply International currently has a consensus rating of “Hold” and an average price target of $43.00.
Dentsply International (NASDAQ:XRAY) traded up 1.87% on Wednesday, hitting $45.21. 911,040 shares of the company’s stock traded hands. Dentsply International has a one year low of $35.83 and a one year high of $44.42. The stock has a 50-day moving average of $42.41 and a 200-day moving average of $41.94. The company has a market cap of $6.433 billion and a P/E ratio of 18.89.
Dentsply International (NASDAQ:XRAY) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.66 earnings per share for the quarter, beating the analysts’ 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. Analysts expect that Dentsply International will post $2.35 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 11th. Stockholders of record on Friday, September 27th will be given a dividend of $0.06 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Wednesday, September 25th.
DENTSPLY International Inc (NASDAQ:XRAY) is a designer, developer, manufacturer and marketer of a range of dental products.
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.