Henry Schein Inc. [HSIC] stock prices are up 2.19% to $72.76 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HSIC shares have gain 5.79% over the last week, with a monthly amount drifted -0.56%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Henry Schein Inc. [NASDAQ: HSIC] stock has seen the most recent analyst activity on February 26, 2024, when Leerink Partners initiated its Market Perform rating and assigned the stock a price target of $78. Previously, JP Morgan upgraded its rating to Overweight on December 12, 2023, and elevated its price target to $82. On November 10, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $70 on the stock. UBS upgraded its rating to a Neutral but stick to its price target of $80 on August 08, 2022. Goldman downgraded its rating to a Neutral and reduced its price target to $85 on July 21, 2022. Robert W. Baird downgraded its rating to Neutral for this stock on June 14, 2022, and downed its price target to $88.
The stock price of Henry Schein Inc. [HSIC] has been fluctuating between $60.01 and $82.63 over the past year. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. Henry Schein Inc. [NASDAQ: HSIC] shares were valued at $72.76 at the most recent close of the market. An investor can expect a potential return of 9.95% based on the average HSIC price forecast.
Analyzing the HSIC fundamentals
The Henry Schein Inc. [NASDAQ:HSIC] reported sales of 12.45B for trailing twelve months, representing a surge of 3.66%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.20 points at the first support level, and at 69.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.01, and for the 2nd resistance point, it is at 75.27.
Henry Schein Inc. [HSIC] reported earnings per share of $1.1 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.01/share, meaning a difference of $0.09 and a surprise factor of 8.90%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.66 per share as compared to estimates of $0.69 per share, a difference of -$0.03 representing a surprise of -4.30%.
Ratios To Look Out For
It’s worth pointing out that Henry Schein Inc. [NASDAQ:HSIC]’s Current Ratio is 1.75. On the other hand, the Quick Ratio is 1.02, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 2.60 and price to earnings (TTM) ratio is 24.60.
Transactions by insiders
Recent insider trading involved Connett Bradford C, CEO, NA Distribution Group, that happened on Mar 20 ’24 when 6430.0 shares were sold. Vice Chairman, President, BRESLAWSKI JAMES P completed a deal on Mar 18 ’24 to sell 2907.0 shares. Meanwhile, Director LASKAWY PHILIP A sold 4278.0 shares on Mar 05 ’24.
