Dentsply International VP Sells $369,000 in Stock (XRAY)
Dentsply International (NASDAQ:XRAY) VP Robert Size unloaded 8,200 shares of the stock on the open market in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $45.00, for a total value of $369,000.00. Following the completion of the sale, the vice president now directly owns 11,501 shares in the company. The sale was disclosed in a legal filing with the SEC, 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 analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. Dentsply International currently has an average rating of “Hold” and a consensus price target of $43.00.
Dentsply International (NASDAQ:XRAY) traded down 0.94% on Friday, hitting $44.1116. The stock had a trading volume of 364,446 shares. Dentsply International has a one year low of $35.83 and a one year high of $45.37. The stock has a 50-day moving average of $42.55 and a 200-day moving average of $41.98. The company has a market cap of $6.277 billion and a P/E ratio of 18.96.
Dentsply International (NASDAQ:XRAY) last announced its earnings results on Thursday, August 1st. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue 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 0.56%. 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.
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