Henry Schein Inc (HSIC) stock expected to rise by 6.46%: What’s driving the optimism?

At the time of writing, Henry Schein Inc [HSIC] stock is trading at $72.33, up 2.79%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HSIC shares have gain 1.72% over the last week, with a monthly amount glided 2.51%, and 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 July 22, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $92 from $81. Previously, Leerink Partners started tracking the stock with Market Perform rating on February 26, 2024, and set its price target to $78. On December 12, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $82 on the stock. Stifel upgraded its rating to a Buy but stick to its price target of $70 on November 10, 2023. UBS upgraded its rating to a Neutral but $80 remained the price target by the analyst firm on August 08, 2022. Goldman downgraded its rating to Neutral for this stock on July 21, 2022, and downed its price target to $85. In a note dated June 14, 2022, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $103 to $88.

For the past year, the stock price of Henry Schein Inc fluctuated between $60.01 and $82.63. Currently, Wall Street analysts expect the stock to reach $77 within the next 12 months. Henry Schein Inc [NASDAQ: HSIC] shares were valued at $72.33 at the most recent close of the market. An investor can expect a potential return of 6.46% based on the average HSIC price forecast.

Analyzing the HSIC fundamentals

According to Henry Schein Inc [NASDAQ:HSIC], the company’s sales were 12.49B for trailing twelve months, which represents an 1.16% jump. Gross Profit Margin for this corporation currently stands at 0.3% 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 0.03, Equity is 0.1 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.73.

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 71.03 points at the first support level, and at 69.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.06, and for the 2nd resistance point, it is at 73.78.

Ratios To Look Out For

It is important to note that Henry Schein Inc [NASDAQ:HSIC] has a current ratio of 1.55. In addition, the Quick Ratio stands at 0.90 and the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 2.62 and price to earnings (TTM) ratio is 26.74.

Transactions by insiders

Recent insider trading involved McGlynn Lorelei, SVP, Chief Human Res. Officer, that happened on Sep 06 ’24 when 21035.0 shares were sold. Officer, McGlynn Lorelei completed a deal on Sep 06 ’24 to buy 21035.0 shares. Meanwhile, EVP, Chief Strategic Officer MLOTEK MARK E sold 3000.0 shares on Aug 14 ’24.

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