Market Insight: Henry Schein Inc. (HSIC)’s Notable Drop, Closing at 69.00

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In the latest session, Henry Schein Inc. (NASDAQ: HSIC) closed at $69.00 down -1.17% from its previous closing price of $69.82. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 2.45 million shares were traded. HSIC stock price reached its highest trading level at $70.27 during the session, while it also had its lowest trading level at $68.59.

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 63.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.81 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 the company, Robert W. Baird on July 22, 2024, Upgraded its rating to Outperform and sets its target price to $92 from $81 previously.

On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $78.

JP Morgan Upgraded its Neutral to Overweight on December 12, 2023, whereas the target price for the stock was revised from $71 to $82.

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 Aug 14 ’24 when MLOTEK MARK E sold 3,000 shares for $69.12 per share. The transaction valued at 207,360 led to the insider holds 87,851 shares of the business.

MLOTEK MARK E bought 3,000 shares of HSIC for $207,353 on Aug 14 ’24. On Jun 06 ’24, another insider, Siegel Walter, who serves as the Sr. VP & Chief Legal Officer of the company, sold 4,134 shares for $69.47 each. As a result, the insider received 287,189 and left with 39,526 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 8742851584 and an Enterprise Value of 12934838272. As of this moment, Henry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.51, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 1.036 whereas that against EBITDA is 14.583.

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 1.74%, while the 200-Day Moving Average is calculated to be -3.23%.

Shares Statistics:

For the past three months, HSIC has traded an average of 1.47M shares per day and 2017780 over the past ten days. A total of 129.25M shares are outstanding, with a floating share count of 124.84M. Insiders hold about 1.41% of the company’s shares, while institutions hold 101.83% stake in the company. Shares short for HSIC as of 1722384000 were 5033306 with a Short Ratio of 3.43, compared to 1719532800 on 5725297. Therefore, it implies a Short% of Shares Outstanding of 5033306 and a Short% of Float of 4.5500003.

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