Is It Worthwhile For Investors To Follow These Insider Trades On Henry Schein Inc. (HSIC)?

Henry Schein Inc. (NASDAQ:HSIC) finished Friday with an addition of $0.88 to close at $79.89, an upside of 1.11 percent. An average of 503,220 shares of common stock have been traded in the last five days. There was a gain of $2.45 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 621,275 shares traded, while the 50-day average volume stands at 604,204.

HSIC stock has increased by 2.95% in the last month. The company shares reached their 1-month lowest point of $75.66 on 10/18/21. With the stock rallying to its 52-week high on 05/10/21, shares of the company touched a low of $59.44 and a high of $83.45 in 52 weeks. It has reached a new high 10 times so far this year and achieved 19.49% or $13.03 in price. In spite of this, the price is down -4.27% from the 52-week high.


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Insider Transactions

166 days have passed since Henry Schein Inc. (HSIC) last reported insider trading activity. MLOTEK MARK E, who is EVP, Chief Strategic Officer, most recently acquired $13,296 shares at $83.02 per share on May 10. In this transaction, the insider spent $1,103,834. EVP, Chief Financial Officer, PALADINO STEVEN, disposed of 22,658 shares at a price of $80.62 on May 07. The insider now owns more than $1,826,597 worth of shares. Prior to that, EVP, Chief Admin. Officer BENJAMIN GERALD A went on to Sale 7,227 shares at $82.08 each on May 07. An amount of $593,192 was transacted.

Valuation Metrics

Henry Schein Inc. (HSIC) has a trailing price-to-earnings (P/E) ratio of 18.86, which compares with the 25.20 for the broader industry and 33.43 for the sector. In the last five years, Henry Schein Inc.’s PE ratio has ranged between 27.68 and 9.207. The stock’s beta is 0.83. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.95, the price-to-book (PB) ratio at 3.34, and the price-to-cash flow ratio at 14.69.

The quick ratio of Henry Schein Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.21 and a total debt to equity ratio of 0.23 for the quarter ending June 29. Henry Schein Inc.’s EBITDA margin for the year ending June 29 is 7.44%, while its operating margin for the same period stands at 6.80%. Its gross profit as reported stood at $2.81 billion compared to revenue of $10.12 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Henry Schein Inc.’s return on assets was 7.70%. For the broader industry, ROE averaged 1.09 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Henry Schein Inc. had $706.49 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $155.72 million in the quarter, while revenues were grew 106.94%. The analyst consensus anticipated Henry Schein Inc.’s latest quarter earnings to come in at $0.97 per share, but it turned out to be $1.11, a 14.40% surprise. For the quarter, EBITDA amounted to $260.26 million. Shareholders own equity worth $139.69 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Henry Schein Inc. (HSIC) price momentum. RSI 9-day as of the close on 22 October was 61.88%, suggesting the stock is Neutral, with historical volatility in this time frame at 18.78%.

As of today, HSIC’s price is $78.17 +3.16% or $2.45 from its 5-day moving average. HSIC is currently trading +2.29% higher than its 20-day SMA and +5.93% higher than its 100-day SMA. However, the stock’s current price level is +5.67% above the SMA50 and +14.11% above the SMA200.

The stochastic %K and %D were 69.68% and 51.04%, respectively, and the average true range (ATR) was 1.61. With the 14-day stochastic at 85.11% and the average true range at 1.63, the RSI (14) stands at 58.33%. The stock has reached 1.00 on the 9-day MACD Oscillator while the 14-day reading was at 0.64.

Analyst Ratings

The consensus rating for Henry Schein Inc. (HSIC) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell HSIC, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.

What is HSIC’s price target for the next 12 months?

Analysts predict a range of price targets between $68.00 and $95.00, with a median target of $83.00. Taking a look at these predictions, the average price target given by analysts for Henry Schein Inc. (HSIC) stock is $83.73.

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