DENTSPLY SIRONA Inc. (XRAY): From Top to Bottom

DENTSPLY SIRONA Inc. (XRAY) is an interesting player in the Healthcare space, with a focus on Medical Instruments & Supplies. The stock has been active on the tape, currently trading at $47.89, down from yesterday’s close by -0.10%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

DENTSPLY SIRONA Inc. (XRAY) currently trades with a market capitalization of $10.88 Billion. That value represents a market adjusting for revenues that have been growing by 6.17 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $425.5 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.63 on a per share basis this quarter. Perhaps, that suggests something about why 0.95% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how XRAY has been acting. Looking at the stock’s movement on the chart, DENTSPLY SIRONA Inc. recorded a 52-week high of $68.98. It is now trading 21.09% off that level. The stock is trading $50.86 its 50-day moving average by 2.97%. The stock carved out a 52-week low down at $44.21.

In recent action, DENTSPLY SIRONA Inc. (XRAY) has made a move of -5.39% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.93% with $225.52 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of XRAY.

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