Understanding the Recent Fluctuations of Henry Schein Inc.’s (HSIC) Stock

The stock of Henry Schein Inc. (HSIC) has seen a -0.88% decrease in the past week, with a 9.29% gain in the past month, and a 0.32% flourish in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 2.43% for HSIC. The simple moving average for the last 20 days is 0.34% for HSIC stock, with a simple moving average of -2.48% for the last 200 days.

Is It Worth Investing in Henry Schein Inc. (NASDAQ: HSIC) Right Now?

The price-to-earnings ratio for Henry Schein Inc. (NASDAQ: HSIC) is 25.83x, which is above its average ratio. Moreover, the 36-month beta value for HSIC is 0.86. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 5 as “overweight,” 7 as “hold,” and 0 as “sell.”

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The public float for HSIC is 124.99M and currently, short sellers hold a 4.16% of that float. On September 06, 2024, HSIC’s average trading volume was 1.64M shares.

HSIC) stock’s latest price update

The stock of Henry Schein Inc. (NASDAQ: HSIC) has increased by 0.59 when compared to last closing price of 69.45. Despite this, the company has experienced a -0.88% fall in its stock price over the last five trading sessions. zacks.com reported 2024-09-05 that Henry Schein (HSIC) reported earnings 30 days ago. What’s next for the stock?

Analysts’ Opinion of HSIC

Many brokerage firms have already submitted their reports for HSIC stocks, with Robert W. Baird repeating the rating for HSIC by listing it as a “Outperform.” The predicted price for HSIC in the upcoming period, according to Robert W. Baird is $92 based on the research report published on July 22, 2024 of the current year 2024.

Leerink Partners, on the other hand, stated in their research note that they expect to see HSIC reach a price target of $78. The rating they have provided for HSIC stocks is “Market Perform” according to the report published on February 26th, 2024.

JP Morgan gave a rating of “Overweight” to HSIC, setting the target price at $82 in the report published on December 12th of the previous year.

HSIC Trading at 1.87% from the 50-Day Moving Average

After a stumble in the market that brought HSIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.45% of loss for the given period.

Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +6.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.69% upper at present.

During the last 5 trading sessions, HSIC fell by -0.88%, which changed the moving average for the period of 200-days by +1.60% in comparison to the 20-day moving average, which settled at $69.83. In addition, Henry Schein Inc. saw -7.73% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HSIC starting from MLOTEK MARK E, who sale 3,000 shares at the price of $69.12 back on Aug 14 ’24. After this action, MLOTEK MARK E now owns 87,851 shares of Henry Schein Inc., valued at $207,360 using the latest closing price.

MLOTEK MARK E, the Officer of Henry Schein Inc., proposed sale 3,000 shares at $69.12 during a trade that took place back on Aug 14 ’24, which means that MLOTEK MARK E is holding shares at $207,353 based on the most recent closing price.

Stock Fundamentals for HSIC

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.3 for the gross margin

The net margin for Henry Schein Inc. stands at 0.03. The total capital return value is set at 0.08. Equity return is now at value 9.95, with 3.63 for asset returns.

Based on Henry Schein Inc. (HSIC), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 5.12.

Currently, EBITDA for the company is 962.0 million with net debt to EBITDA at 3.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 8.01for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.

Conclusion

To wrap up, the performance of Henry Schein Inc. (HSIC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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