Sirona Dental Systems

2014 Change YTD: +29%

Market Cap: $5 billion

Major holders as of Sept. 30, 2014: Neuberger Berman Group (7.71%), Vanguard Group (6.27%), Ruane, Cunniff & Goldfarb (5.12%), William Blair (4.47%), Cantillon Capital Management (4.46%), Generation Investment Management (4.28%), Neuberger Berman Genesis Fund (3.49%)

Why is it up? The company ($SIRO) had a strong year financially. In its most recent earnings report, the company reported revenues of $290 million, topping analyst expectations by about $5 million, according to Zacks Investment Research. Growth was led by its instruments division, which posted a revenue increase of 14%. For the fiscal year, revenue rose 3.9% on a constant currency basis to $1.1 billion. Sirona encompasses a wide range of dentistry devices, from software for things like digital impressions, to imaging systems, chairs for patients, dental lasers, and cabinetry.

What comes next? The company hopes to take advantage of its breadth of dental devices by making them tightly connected. "Integration is the future," CEO Jeffrey Slovin said at the JP Morgan Healthcare Conference in San Francisco. "As we all know, you can put two products together by different companies, but if you don't have somebody fully backing it, you've got problems. Well, that's the same thing in the dental office, and we see integration becoming a bigger and bigger theme." Slovin promised new product launches at the International Dental Show in March, held in Cologne, Germany.

SIRO Chart

SIRO data by YCharts

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-- Varun Saxena (email | twitter)

Sirona Dental Systems