Henry Schein Inc. (NASDAQ: HSIC) is -6.02% lower on its value in year-to-date trading and has touched a low of $60.01 and a high of $82.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HSIC stock was last observed hovering at around $72.54 in the last trading session, with the day’s loss setting it -1.39%.
Currently trading at $71.15, the stock is 1.48% and 2.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing -1.92% at the moment leaves the stock -0.78% off its SMA200. HSIC registered -4.46% loss for a year compared to 6-month loss of -3.96%.
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The stock witnessed a 1.83% gain in the last 1 month and extending the period to 3 months gives it a 5.78%, and is 1.09% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.56% over the week and 2.49% over the month.
Henry Schein Inc. (HSIC) has around 25000 employees, a market worth around $9.02B and $12.49B in sales. Current P/E ratio is 26.30 and Fwd P/E is 13.41. Profit margin for the company is 2.82%. Distance from 52-week low is 18.56% and -13.89% from its 52-week high. The company has generated returns on investments over the last 12 months (6.21%).
The EPS is expected to grow by 6.24% this year.
Henry Schein Inc. (HSIC) Top Institutional Holders
840.0 institutions hold shares in Henry Schein Inc. (HSIC), with institutional investors hold 103.27% of the company’s shares. The shares outstanding are 129.25M, and float is at 124.99M with Short Float at 4.76%. Institutions hold 102.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.16 million shares valued at $972.01 million. The investor’s holdings represent 11.7805% of the HSIC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.54 million shares valued at $611.38 million to account for 7.4098 of the shares outstanding. The other top investors are GENERATION INVESTMENT MANAGEMENT LLP which holds 9.25 million shares representing 7.1857% and valued at over $592.89 million, while INVESCO LTD. holds 5.0773 of the shares totaling 6.54 million with a market value of $418.93 million.
Henry Schein Inc. (HSIC) Insider Activity
The most recent transaction is an insider sale by McGlynn Lorelei, the company’s SVP, Chief Human Res. Officer. SEC filings show that McGlynn Lorelei sold 21,035 shares of the company’s common stock on Sep 06 ’24 at a price of $69.30 per share for a total of $1.46 million. Following the sale, the insider now owns 71833.0 shares.
Still, SEC filings show that on Aug 14 ’24, MLOTEK MARK E (EVP, Chief Strategic Officer) disposed off 3,000 shares at an average price of $69.12 for $0.21 million. The insider now directly holds 87,851 shares of Henry Schein Inc. (HSIC).