Dentsply International (XRAY) Announces Quarterly Earnings, Meets Expectations
Dentsply International (NASDAQ:XRAY) issued its quarterly earnings data on Tuesday. The company reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61, American Banking News reports. The company had revenue of $753.70 million for the quarter, compared to the consensus estimate of $767.89 million.
Shares of Dentsply International (NASDAQ:XRAY) opened at 46.24 on Tuesday. Dentsply International has a 1-year low of $39.90 and a 1-year high of $50.99. The stock’s 50-day moving average is $47.10 and its 200-day moving average is $45.62. The company has a market cap of $6.596 billion and a price-to-earnings ratio of 18.19.
A number of research firms have recently commented on XRAY. Analysts at Ned Davis Research downgraded shares of Dentsply International from a “buy” rating to a “neutral” rating in a research note on Monday, February 10th. On a related note, analysts at Credit Suisse upgraded shares of Dentsply International from a “neutral” rating to an “outperform” rating in a research note on Wednesday, December 11th. Finally, analysts at Goldman Sachs upgraded shares of Dentsply International from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 11th. They now have a $56.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $47.67.
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.