(XRAY) Dentsply Sirona - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US24906P1093

Stock: Imaging Equipment, Dental Handpieces, Aligners, Implants, Catheters

Total Rating 28
Risk 32
Buy Signal 0.58

EPS (Earnings per Share)

EPS (Earnings per Share) of XRAY over the last years for every Quarter: "2020-12": 0.87, "2021-03": 0.72, "2021-06": 0.71, "2021-09": 0.68, "2021-12": 0.76, "2022-03": 0.52, "2022-06": 0.69, "2022-09": 0.41, "2022-12": 0.46, "2023-03": 0.39, "2023-06": 0.51, "2023-09": 0.49, "2023-12": 0.44, "2024-03": 0.42, "2024-06": 0.49, "2024-09": 0.5, "2024-12": 0.26, "2025-03": 0.43, "2025-06": -0.23, "2025-09": 0.5, "2025-12": 0,

Revenue

Revenue of XRAY over the last years for every Quarter: 2020-12: 1082.3, 2021-03: 1026, 2021-06: 1062, 2021-09: 1040, 2021-12: 1088, 2022-03: 965, 2022-06: 1023, 2022-09: 947, 2022-12: 983, 2023-03: 978, 2023-06: 1028, 2023-09: 947, 2023-12: 1012, 2024-03: 953, 2024-06: 984, 2024-09: 951, 2024-12: 905, 2025-03: 879, 2025-06: 936, 2025-09: 904, 2025-12: null,

Dividends

Dividend Yield 4.74%
Yield on Cost 5y 1.28%
Yield CAGR 5y 10.45%
Payout Consistency 95.7%
Payout Ratio 91.4%
Risk 5d forecast
Volatility 43.3%
Relative Tail Risk -10.3%
Reward TTM
Sharpe Ratio -0.51
Alpha -42.34
Character TTM
Beta 1.131
Beta Downside 0.852
Drawdowns 3y
Max DD 74.96%
CAGR/Max DD -0.34

Description: XRAY Dentsply Sirona January 12, 2026

DENTSPLY SIRONA Inc. (NASDAQ: XRAY) designs, manufactures, and sells a broad portfolio of dental and urology/enterology products, ranging from cloud-enabled imaging and intra-oral scanners to orthodontic aligners and intermittent urinary catheters. The firm operates through four reporting segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic & Implant Solutions, and Wellspect Healthcare.

The Connected Technology Solutions segment bundles digital imaging, motorized handpieces, CEREC chair-side ceramic restorations, 3-D printers and intra-oral scanners-tools that enable fully digital treatment workflows. Essential Dental Solutions supplies the consumables and instruments needed for root-canal therapy, restorative dentistry, and prophylaxis. Orthodontic & Implant Solutions covers the SureSmile clear-aligner platform, implant hardware, digital dentures, and related software, while Wellspect Healthcare focuses on urinary catheters (LoFric) and irrigation systems (Navina).

Key industry dynamics that drive Dentsply Sirona’s outlook include: (1) the aging U.S. and global population, which is expanding the addressable market for restorative and implant procedures; (2) accelerating adoption of digital dentistry-estimated to grow at a 9-10% CAGR through 2028-fueling demand for scanners, CAD/CAM systems, and chair-side solutions; and (3) reimbursement pressure on traditional consumables, pushing providers toward higher-margin, technology-enabled services.

Recent performance metrics (as of FY 2024) show revenue of roughly $5.1 billion, a year-over-year growth rate of 3.2%, and an operating margin of 12.5%, reflecting the higher profitability of the Connected Technology Solutions segment relative to the lower-margin consumables business. R&D spending remains around 7% of revenue, underscoring the company’s commitment to maintaining its digital-technology lead.

If you want a data-driven deep dive, checking ValueRay’s analyst dashboard for XRAY can provide the quantitative context needed to evaluate these trends.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income: -882.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -4.09 > 1.0
NWC/Revenue: 18.41% < 20% (prev 9.72%; Δ 8.69% < -1%)
CFO/TA 0.04 > 3% & CFO 221.0m > Net Income -882.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.47 > 1.5 & < 3
Outstanding Shares: last quarter (199.5m) vs 12m ago -0.75% < -2%
Gross Margin: 50.86% > 18% (prev 0.52%; Δ 5033 % > 0.5%)
Asset Turnover: 59.03% > 50% (prev 58.86%; Δ 0.17% > 0%)
Interest Coverage Ratio: -9.87 > 6 (EBITDA TTM -432.0m / Interest Expense TTM 79.0m)

Altman Z'' -1.40

A: 0.12 (Total Current Assets 2.07b - Total Current Liabilities 1.41b) / Total Assets 5.65b
B: -0.25 (Retained Earnings -1.39b / Total Assets 5.65b)
C: -0.13 (EBIT TTM -780.0m / Avg Total Assets 6.14b)
D: -0.49 (Book Value of Equity -2.05b / Total Liabilities 4.17b)
Altman-Z'' Score: -1.40 = CCC

Beneish M -3.32

DSRI: 1.05 (Receivables 654.0m/671.0m, Revenue 3.62b/3.90b)
GMI: 1.03 (GM 50.86% / 52.15%)
AQI: 0.82 (AQ_t 0.46 / AQ_t-1 0.56)
SGI: 0.93 (Revenue 3.62b / 3.90b)
TATA: -0.20 (NI -882.0m - CFO 221.0m) / TA 5.65b)
Beneish M-Score: -3.32 (Cap -4..+1) = AA

What is the price of XRAY shares?

As of February 08, 2026, the stock is trading at USD 13.76 with a total of 6,243,599 shares traded.
Over the past week, the price has changed by +10.34%, over one month by +11.24%, over three months by +26.67% and over the past year by -24.87%.

Is XRAY a buy, sell or hold?

Dentsply Sirona has received a consensus analysts rating of 3.35. Therefor, it is recommend to hold XRAY.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 13
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the XRAY price?

Issuer Target Up/Down from current
Wallstreet Target Price 13 -5.3%
Analysts Target Price 13 -5.3%
ValueRay Target Price 12.7 -7.9%

XRAY Fundamental Data Overview February 03, 2026

P/E Forward = 7.77
P/S = 0.6866
P/B = 1.6836
P/EG = 0.7769
Revenue TTM = 3.62b USD
EBIT TTM = -780.0m USD
EBITDA TTM = -432.0m USD
Long Term Debt = 2.02b USD (from longTermDebt, last quarter)
Short Term Debt = 378.0m USD (from shortTermDebt, last quarter)
Debt = 2.48b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.12b USD (from netDebt column, last quarter)
Enterprise Value = 4.61b USD (2.49b + Debt 2.48b - CCE 363.0m)
Interest Coverage Ratio = -9.87 (Ebit TTM -780.0m / Interest Expense TTM 79.0m)
EV/FCF = 57.57x (Enterprise Value 4.61b / FCF TTM 80.0m)
FCF Yield = 1.74% (FCF TTM 80.0m / Enterprise Value 4.61b)
FCF Margin = 2.21% (FCF TTM 80.0m / Revenue TTM 3.62b)
Net Margin = -24.34% (Net Income TTM -882.0m / Revenue TTM 3.62b)
Gross Margin = 50.86% ((Revenue TTM 3.62b - Cost of Revenue TTM 1.78b) / Revenue TTM)
Gross Margin QoQ = 48.78% (prev 52.35%)
Tobins Q-Ratio = 0.81 (Enterprise Value 4.61b / Total Assets 5.65b)
Interest Expense / Debt = 0.93% (Interest Expense 23.0m / Debt 2.48b)
Taxrate = 21.0% (US default 21%)
NOPAT = -616.2m (EBIT -780.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.47 (Total Current Assets 2.07b / Total Current Liabilities 1.41b)
Debt / Equity = 1.68 (Debt 2.48b / totalStockholderEquity, last quarter 1.48b)
Debt / EBITDA = -4.90 (negative EBITDA) (Net Debt 2.12b / EBITDA -432.0m)
Debt / FCF = 26.46 (Net Debt 2.12b / FCF TTM 80.0m)
Total Stockholder Equity = 1.85b (last 4 quarters mean from totalStockholderEquity)
RoA = -14.37% (Net Income -882.0m / Total Assets 5.65b)
RoE = -47.74% (Net Income TTM -882.0m / Total Stockholder Equity 1.85b)
RoCE = -20.18% (EBIT -780.0m / Capital Employed (Equity 1.85b + L.T.Debt 2.02b))
RoIC = -14.80% (negative operating profit) (NOPAT -616.2m / Invested Capital 4.16b)
WACC = 5.41% (E(2.49b)/V(4.97b) * Re(10.08%) + D(2.48b)/V(4.97b) * Rd(0.93%) * (1-Tc(0.21)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.74%
[DCF Debug] Terminal Value 82.23% ; FCFF base≈194.0m ; Y1≈139.1m ; Y5≈75.7m
Fair Price DCF = 1.28 (EV 2.37b - Net Debt 2.12b = Equity 254.7m / Shares 199.6m; r=5.90% [WACC]; 5y FCF grow -33.29% → 2.90% )
EPS Correlation: -58.50 | EPS CAGR: -24.65% | SUE: -1.08 | # QB: 0
Revenue Correlation: -72.60 | Revenue CAGR: -4.82% | SUE: 0.26 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.38 | Chg30d=-0.014 | Revisions Net=-1 | Analysts=11
EPS next Year (2026-12-31): EPS=1.52 | Chg30d=-0.050 | Revisions Net=-1 | Growth EPS=-5.9% | Growth Revenue=+0.7%

Additional Sources for XRAY Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle