Wall Street predicts Henry Schein Inc (HSIC) stock to drop by -0.85%

Henry Schein Inc [HSIC] stock prices are up 0.49% to $77.66 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HSIC shares have gain 5.33% over the last week, with a monthly amount glided 10.34%, 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.

The stock price of Henry Schein Inc [HSIC] has been fluctuating between $63.67 and $82.63 over the past year. Currently, Wall Street analysts expect the stock to reach $77 within the next 12 months. Henry Schein Inc [NASDAQ: HSIC] shares were valued at $77.66 at the most recent close of the market. An investor can expect a potential drop of -0.85% based on the average HSIC price forecast.

Analyzing the HSIC fundamentals

The Henry Schein Inc [NASDAQ:HSIC] reported sales of 12.50B for trailing twelve months, representing a surge of 0.38%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, 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 0.09 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.

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 76.69 points at the first support level, and at 75.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.80, and for the 2nd resistance point, it is at 79.94.

Ratios To Look Out For

It’s worth pointing out that Henry Schein Inc [NASDAQ:HSIC]’s Current Ratio is 1.42. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 2.77 and price to earnings (TTM) ratio is 31.80.

Transactions by insiders

Recent insider trading involved Ettinger Michael S, EVP & Chief Operating Officer, that happened on Nov 18 ’24 when 12240.0 shares were sold. Officer, Ettinger Michael S completed a deal on Nov 18 ’24 to buy 12240.0 shares. Meanwhile, SVP, Chief Human Res. Officer McGlynn Lorelei sold 21035.0 shares on Sep 06 ’24.

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