Sirona Dental Systems (SIRO) Releases Quarterly Earnings, Beats Estimates By $0.03 EPS
Sirona Dental Systems (NASDAQ:SIRO) issued its quarterly earnings data on Friday. The company reported $0.99 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.96 by $0.03, Stock Ratings Network reports. The company had revenue of $299.70 million for the quarter, compared to the consensus estimate of $295.65 million.
Shares of Sirona Dental Systems (NASDAQ:SIRO) opened at 79.13 on Friday. Sirona Dental Systems has a one year low of $64.40 and a one year high of $84.95. The stock has a 50-day moving average of $81.58 and a 200-day moving average of $75.65. The company has a market cap of $4.562 billion and a price-to-earnings ratio of 28.02.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus raised their price target on shares of Sirona Dental Systems from $82.00 to $94.00 in a research note on Thursday, July 10th. They now have a “buy” rating on the stock. On the ratings front, analysts at Cantor Fitzgerald raised their price target on shares of Sirona Dental Systems from $84.00 to $93.00 in a research note on Monday, July 7th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Sirona Dental Systems in a research note on Monday, June 23rd. They now have a $93.00 price target on the stock, up previously from $85.00. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $84.17.
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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