Earnings Estimates Moving Higher for Dentsply (XRAY): Time to Buy?

Core Viewpoint - Dentsply International (XRAY) is experiencing solid improvements in earnings estimates, which may lead to continued short-term price momentum for the stock [1][2]. Estimate Revisions - The rising trend in estimate revisions reflects growing analyst optimism regarding Dentsply's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, Dentsply is projected to earn $0.50 per share, representing a year-over-year increase of +2.04%. Over the last 30 days, eight estimates have been revised upward, resulting in a 9.41% increase in the Zacks Consensus Estimate [6]. - For the full year, the expected earnings per share is $1.89, indicating a +13.17% change from the previous year. Nine estimates have moved higher in the past month, contributing to a 5.06% increase in the consensus estimate [7][8]. Zacks Rank - Dentsply has achieved a Zacks Rank of 2 (Buy), indicating favorable estimate revisions. Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [9]. - The Zacks Rank system has a strong track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3]. Stock Performance - Dentsply shares have increased by 17.2% over the past four weeks, suggesting that investors are responding positively to the company's impressive estimate revisions [10].