Henry Schein Inc (NASDAQ: HSIC) is -1.15% lower on its value in year-to-date trading and has touched a low of $63.67 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 $73.89 in the last trading session, with the day’s gains setting it 0.95%.
Currently trading at $74.84, the stock is 6.91% and 6.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing 1.29% at the moment leaves the stock 5.44% off its SMA200. HSIC registered 8.86% gain for a year compared to 6-month loss of 2.17%. The firm has a 50-day simple moving average (SMA 50) of $70.4028 and a 200-day simple moving average (SMA200) of $70.9762.
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The stock witnessed a 4.54% gain in the last 1 month and extending the period to 3 months gives it a 7.11%, and is 10.94% 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 4.55% over the week and 2.84% over the month.
Henry Schein Inc (HSIC) has around 25000 employees, a market worth around $9.33B and $12.50B in sales. Current P/E ratio is 30.65 and Fwd P/E is 14.37. Profit margin for the company is 2.51%. Distance from 52-week low is 17.54% and -9.43% from its 52-week high. The company has generated returns on investments over the last 12 months (5.54%).
The EPS is expected to grow by 6.14% this year.
Henry Schein Inc (HSIC) Top Institutional Holders
816.0 institutions hold shares in Henry Schein Inc (HSIC), with institutional investors hold 108.39% of the company’s shares. The shares outstanding are 129.25M, and float is at 123.01M with Short Float at 5.53%. Institutions hold 107.40% 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
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Henry Schein Inc disclosed in a document filed with the SEC on Sep 06 ’24 that McGlynn Lorelei (SVP, Chief Human Res. Officer) sold a total of 21,035 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $69.30 per share for $1.46 million. Following the transaction, the insider now directly holds 71833.0 shares of the HSIC stock.
Still, SEC filings show that on Sep 06 ’24, McGlynn Lorelei (Officer) Proposed Sale 21,035 shares at an average price of $69.93 for $1.47 million. The insider now directly holds shares of Henry Schein Inc (HSIC).