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Shares of Sirona Dental Systems (NASDAQ:SIRO) reached a new 52-week high during mid-day trading on Thursday , Stock Ratings News reports. The company traded as high as $81.82 and last traded at $81.76, with a volume of 140,102 shares traded. The stock had previously closed at $81.36.

A number of research firms have recently commented on SIRO. Analysts at Jefferies Group reiterated a “buy” rating on shares of Sirona Dental Systems in a research note on Monday. They now have a $93.00 price target on the stock, up previously from $85.00. Separately, analysts at Morgan Stanley raised their price target on shares of Sirona Dental Systems from $81.00 to $86.00 in a research note on Monday, May 12th. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Sirona Dental Systems from $82.00 to $84.00 in a research note on Monday, May 12th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $80.86.

The stock has a 50-day moving average of $76.59 and a 200-day moving average of $72.98. The company has a market cap of $4.727 billion and a price-to-earnings ratio of 28.85.

Sirona Dental Systems (NASDAQ:SIRO) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.02. The company had revenue of $282.70 million for the quarter, compared to the consensus estimate of $274.37 million. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Analysts expect that Sirona Dental Systems will post $3.66 EPS for the current fiscal year.

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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