Sirona Dental Systems (NASDAQ:SIRO) released its earnings data on Friday. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01, Analyst Ratings Network reports. The company had revenue of $278.60 million for the quarter, compared to the consensus estimate of $265.74 million. During the same quarter in the prior year, the company posted $0.71 earnings per share. The company’s quarterly revenue was up 12.6% on a year-over-year basis. Sirona Dental Systems updated its FY14 guidance to $3.60-3.70 EPS.
Sirona Dental Systems (NASDAQ:SIRO) opened at 70.19 on Monday. Sirona Dental Systems has a one year low of $61.10 and a one year high of $75.81. The stock’s 50-day moving average is $70. and its 200-day moving average is $68.. The company has a market cap of $3.863 billion and a P/E ratio of 28.14.
On the ratings front, analysts at Bank of America Corp. downgraded shares of Sirona Dental Systems from a “buy” rating to an “underperform” rating in a research note to investors on Friday, October 4th. They now have a $64.00 price target on the stock, down previously from $82.00. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $76.29.
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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