The price of Henry Schein Inc. (NASDAQ: HSIC) closed at $74.08 in the last session, down -0.94% from day before closing price of $74.78. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 718236 shares were traded. HSIC stock price reached its highest trading level at $74.99 during the session, while it also had its lowest trading level at $73.56.
Ratios:
We take a closer look at HSIC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.61.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on February 26, 2024, initiated with a Market Perform rating and assigned the stock a target price of $78.
On December 12, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $71 to $82.
Stifel Upgraded its Hold to Buy on November 10, 2023, while the target price for the stock was maintained at $70.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 20 ’24 when Connett Bradford C sold 6,430 shares for $74.28 per share. The transaction valued at 477,620 led to the insider holds 73,108 shares of the business.
BRESLAWSKI JAMES P sold 2,907 shares of HSIC for $216,194 on Mar 18 ’24. The Vice Chairman, President now owns 209,562 shares after completing the transaction at $74.37 per share. On Mar 05 ’24, another insider, LASKAWY PHILIP A, who serves as the Director of the company, sold 4,278 shares for $76.29 each. As a result, the insider received 326,369 and left with 24,565 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSIC now has a Market Capitalization of 9.52B and an Enterprise Value of 12.09B. As of this moment, Henry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.51, and their Forward P/E ratio for the next fiscal year is 13.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 0.98 whereas that against EBITDA is 13.78.
Stock Price History:
Over the past 52 weeks, HSIC has reached a high of $85.75, while it has fallen to a 52-week low of $60.01. The 50-Day Moving Average of the stock is 75.14, while the 200-Day Moving Average is calculated to be 74.33.
Shares Statistics:
According to the various share statistics, HSIC traded on average about 1.11M shares per day over the past 3-months and 1.05M shares per day over the past 10 days. A total of 129.25M shares are outstanding, with a floating share count of 126.66M. Insiders hold about 1.44% of the company’s shares, while institutions hold 99.34% stake in the company. Shares short for HSIC as of Feb 29, 2024 were 5.9M with a Short Ratio of 5.33, compared to 5.06M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.59% and a Short% of Float of 5.29%.
Earnings Estimates
The company has 12 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.01 for the current quarter, with a high estimate of $1.11 and a low estimate of $0.82, while EPS last year was $1.21. The consensus estimate for the next quarter is $1.26, with high estimates of $1.3 and low estimates of $1.18.
Analysts are recommending an EPS of between $5.1 and $5.04 for the fiscal current year, implying an average EPS of $5.08. EPS for the following year is $5.66, with 13 analysts recommending between $6.38 and $5.52.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for HSIC’s current fiscal year. The highest revenue estimate was $13.54B, while the lowest revenue estimate was $13.32B, resulting in an average revenue estimate of $13.41B. In the same quarter a year ago, actual revenue was $12.34B, up 8.70% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $14.09B in the next fiscal year. The high estimate is $14.4B and the low estimate is $13.83B. The average revenue growth estimate for next year is up 5.10% from the average revenue estimate for this year.
