Trade-Ideas LLC identified Dentsply Sirona ( XRAY) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Dentsply Sirona as such a stock due to the following factors:

  • XRAY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $99.1 million.
  • XRAY has traded 53.59700000000000130739863379858434200286865234375 options contracts today.
  • XRAY is making at least a new 3-day high.
  • XRAY has a PE ratio of 31.
  • XRAY is mentioned 1.84 times per day on StockTwits.
  • XRAY has not yet been mentioned on StockTwits today.
  • XRAY is currently in the upper 20% of its 1-year range.
  • XRAY is in the upper 35% of its 20-day range.
  • XRAY is in the upper 45% of its 5-day range.
  • XRAY is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on XRAY:

DENTSPLY SIRONA Inc. designs, develops, manufactures, and markets various consumable dental products for the professional dental market in the United States and internationally. The stock currently has a dividend yield of 0.5%. XRAY has a PE ratio of 31. Currently there are 5 analysts that rate Dentsply Sirona a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Dentsply Sirona has been 1.6 million shares per day over the past 30 days. Dentsply Sirona has a market cap of $14.6 billion and is part of the health care sector and health services industry. The stock has a beta of 1.29 and a short float of 3.6% with 5.52 days to cover. Shares are up 4.2% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Dentsply Sirona as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:
  • XRAY's revenue growth has slightly outpaced the industry average of 7.9%. Since the same quarter one year prior, revenues rose by 17.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • XRAY's debt-to-equity ratio is very low at 0.14 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.11, which illustrates the ability to avoid short-term cash problems.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Health Care Equipment & Supplies industry. The net income increased by 95.4% when compared to the same quarter one year prior, rising from $63.96 million to $125.00 million.
  • DENTSPLY SIRONA INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, DENTSPLY SIRONA INC reported lower earnings of $1.76 versus $2.23 in the prior year. This year, the market expects an improvement in earnings ($2.75 versus $1.76).

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