Added to YB: 2026-01-20
Pitch date: 2026-01-17
XRAY [neutral]
DENTSPLY SIRONA Inc.
+4.33%
current return
Author Info
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Company Info
DENTSPLY SIRONA Inc. develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.
Market Cap
$2.6B
Pitch Price
$12.00
Price Target
N/A
Dividend
4.94%
EV/EBITDA
6.79
P/E
-2.92
EV/Sales
1.30
Sector
Health Care Equipment and Supplies
Category
special_situation
The CoC Case for Dentsply Sirona ($XRAY) Investment Grade Bonds
XRAY (overview): World's largest dental products co, stock down 75% from highs. Revenue fell from $4.2B (2021) to $3.6B LTM due to execution failures, accounting scandal, mgmt turnover. US organic sales -22% Q3. Leverage up to 3.1x as EBITDA margins compressed to 18%. BBB-/Baa2 rated. PE activity in dental sector creates M&A potential for IG bonds.
Read full article (5 min)