Henry Schein Inc (NASDAQ: HSIC) is 15.65% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HSIC stock was last observed hovering at around $79.87 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $80.03, the stock is 9.59% and 9.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 0.20% at the moment leaves the stock 13.25% off its SMA200. HSIC registered 6.38% gain for a year compared to 6-month loss of 10.48%. The firm has a 50-day simple moving average (SMA 50) of $73.1218 and a 200-day simple moving average (SMA200) of $70.61915.
The stock witnessed a 13.65% gain in the last 1 month and extending the period to 3 months gives it a 12.54%, and is 7.06% 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 3.16% over the week and 2.48% over the month.
Henry Schein Inc (HSIC) has around 25000 employees, a market worth around $9.98B and $12.50B in sales. Current P/E ratio is 32.77 and Fwd P/E is 15.67. Profit margin for the company is 2.51%. Distance from 52-week low is 25.69% and -3.15% from its 52-week high. The company has generated returns on investments over the last 12 months (5.54%).
with sales reaching $3.3B over the same period.The EPS is expected to grow by 5.93% this year, but quarterly earnings will post 3.62% year-over-year. Quarterly sales are estimated to grow 9.49% in year-over-year returns.
810.0 institutions hold shares in Henry Schein Inc (HSIC), with institutional investors hold 105.92% of the company’s shares. The shares outstanding are 125.15M, and float is at 123.07M with Short Float at 5.62%. Institutions hold 104.97% 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 Ettinger Michael S, the company’s EVP & Chief Operating Officer. SEC filings show that Ettinger Michael S sold 12,240 shares of the company’s common stock on Nov 18 ’24 at a price of $75.00 per share for a total of $0.92 million. Following the sale, the insider now owns 87706.0 shares.
Still, SEC filings show that on Sep 06 ’24, McGlynn Lorelei (SVP, Chief Human Res. Officer) disposed off 21,035 shares at an average price of $69.30 for $1.46 million. The insider now directly holds 71,833 shares of Henry Schein Inc (HSIC).
