Sirona Dental Systems (SIRO) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Sirona Dental Systems (NASDAQ:SIRO) released its earnings data on Friday. The company reported $0.93 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.92 by $0.01, American Banking and Market News reports.
Sirona Dental Systems (NASDAQ:SIRO) opened at 71.86 on Friday. Sirona Dental Systems has a one year low of $62.48 and a one year high of $77.31. The stock has a 50-day moving average of $70.55 and a 200-day moving average of $69.05. The company has a market cap of $3.953 billion and a P/E ratio of 27.53.
On a related note, analysts at JPMorgan Chase & Co. downgraded shares of Sirona Dental Systems from an “overweight” rating to a “neutral” rating in a research note to investors on Monday, January 6th. They now have a $75.00 price target on the stock, down previously from $78.00. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $77.43.
Sirona Dental Systems, Inc (NASDAQ:SIRO) and its subsidiaries is a manufacturer of dental equipment, and is focused on developing, manufacturing and marketing solutions for dentists around the world.
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