Daily Progress: Henry Schein Inc. (HSIC) Drop -1.20, Closing at 67.78

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In the latest session, Henry Schein Inc. (NASDAQ: HSIC) closed at $67.78 down -1.20% from its previous closing price of $68.60. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 1.17 million shares were traded. HSIC stock price reached its highest trading level at $69.23 during the session, while it also had its lowest trading level at $67.64.

Ratios:

For a deeper understanding of Henry Schein Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 50.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.82. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 8708442112 and an Enterprise Value of 12778118144. As of this moment, Henry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.51, and their Forward P/E ratio for the next fiscal year is 12.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 2.40. Its current Enterprise Value per Revenue stands at 1.036 whereas that against EBITDA is 13.55.

Stock Price History:

Over the past 52 weeks, HSIC has reached a high of $82.63, while it has fallen to a 52-week low of $60.01. The 50-Day Moving Average of the stock is -8.07%, while the 200-Day Moving Average is calculated to be -7.65%.

Shares Statistics:

For the past three months, HSIC has traded an average of 1.13M shares per day and 903570 over the past ten days. A total of 129.25M shares are outstanding, with a floating share count of 127.23M. Insiders hold about 0.98% of the company’s shares, while institutions hold 98.54% stake in the company. Shares short for HSIC as of 1713139200 were 5241432 with a Short Ratio of 4.64, compared to 1710460800 on 5902362. Therefore, it implies a Short% of Shares Outstanding of 5241432 and a Short% of Float of 4.67.

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