Henry Schein Inc. (NASDAQ:HSIC) finished Friday with an addition of $0.19 to close at $76.65, an upside of 0.25 percent. An average of 1,113,160 shares of common stock have been traded in the last five days. There was a fall of -$1.44 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 911,980 shares traded, while the 50-day average volume stands at 856,954.
HSIC stock has decreased by -6.60% in the last month. The company shares reached their 1-month lowest point of $74.48 on 08/07/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $64.75 and a high of $89.72 in 52 weeks. It has reached a new high 7 times so far this year and lost -4.03% or -$3.22 in price. In spite of this, the price is down -14.57% from the 52-week high.
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Insider Transactions
HSIC stock investors should be aware that Henry Schein Inc. (HSIC) stock had its last reported insider trading activity 61 days ago on Jun 12. In this transaction, the insider spent $835,191. Sr. VP & Chief Legal Officer, Siegel Walter, disposed of 5,497 shares at a price of $74.07 on Jun 05. The insider now owns more than $407,163 worth of shares. Prior to that, Vice Chairman, President BRESLAWSKI JAMES P went on to Sale 24,234 shares at $74.29 each on Jun 02. An amount of $1,800,453 was transacted.
Valuation Metrics
Henry Schein Inc. (HSIC) has a trailing price-to-earnings (P/E) ratio of 21.88. The stock’s beta is 0.83. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.80, the price-to-book (PB) ratio at 2.90, and the price-to-cash flow ratio at 23.53.
Financial Health
The quick ratio of Henry Schein Inc. for the three months ended June 29 was 0.90, and the current ratio was 1.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.29 and a total debt to equity ratio of 0.38 for the quarter ending June 29. Henry Schein Inc.’s EBITDA margin for the year ending June 29 is 9.09%, while its operating margin for the same period stands at 5.40%. Its gross profit as reported stood at $3.83 billion compared to revenue of $12.65 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 5.60%.
Earnings Surprise
For the three-month period that ended June 29, Henry Schein Inc. had $1.13 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $140.0 million in the quarter, while revenues were shrunk -14.29%. The analyst consensus anticipated Henry Schein Inc.’s latest quarter earnings to come in at $1.28 per share, but it turned out to be $1.31, a 2.30% surprise. For the quarter, EBITDA amounted to $260.0 million. Shareholders own equity worth $130.59 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 11 August was 38.10%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.87%.
As of today, HSIC’s price is $76.47 -1.84% or -$1.44 from its 5-day moving average. HSIC is currently trading -4.65% lower than its 20-day SMA and -2.75% lower than its 100-day SMA. However, the stock’s current price level is +3.72% above the SMA50 and +9.02% above the SMA200.
The stochastic %K and %D were 38.62% and 34.97%, respectively, and the average true range (ATR) was 1.67. With the 14-day stochastic at 35.46% and the average true range at 1.61, the RSI (14) stands at 40.62%. The stock has reached -0.63 on the 9-day MACD Oscillator while the 14-day reading was at -1.38.
Analyst Ratings
UBS upgraded Henry Schein Inc. (NASDAQ: HSIC) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Sell. 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 10 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 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 $69.00 and $96.00, with a median target of $82.00. Taking a look at these predictions, the average price target given by analysts for Henry Schein Inc. (HSIC) stock is $82.84.
