Henry Schein Inc. (NASDAQ: HSIC)’s stock price has plunge by -1.03relation to previous closing price of 71.11. Nevertheless, the company has seen a -1.14% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-10-29 that Henry Schein (HSIC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Henry Schein Inc. (NASDAQ: HSIC) Right Now?
Henry Schein Inc. (NASDAQ: HSIC) has a higher price-to-earnings ratio of 26.02x compared to its average ratio, The 36-month beta value for HSIC is at 0.86. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 5 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
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The public float for HSIC is 124.99M, and currently, shorts hold a 5.16% of that float. The average trading volume for HSIC on October 30, 2024 was 1.82M shares.
HSIC’s Market Performance
HSIC stock saw a decrease of -1.14% in the past week, with a monthly decline of -3.46% and a quarterly a decrease of -2.17%. The volatility ratio for the week is 1.94%, and the volatility levels for the last 30 days are 1.93% for Henry Schein Inc. (HSIC). The simple moving average for the last 20 days is -0.59% for HSIC stock, with a simple moving average of -1.32% for the last 200 days.
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 -0.29% 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 -14.83% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -2.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.80% upper at present.
During the last 5 trading sessions, HSIC fell by -1.14%, which changed the moving average for the period of 200-days by -4.58% in comparison to the 20-day moving average, which settled at $70.80. In addition, Henry Schein Inc. saw -7.04% 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 McGlynn Lorelei, who sale 21,035 shares at the price of $69.30 back on Sep 06 ’24. After this action, McGlynn Lorelei now owns 71,833 shares of Henry Schein Inc., valued at $1,457,726 using the latest closing price.
McGlynn Lorelei, the Officer of Henry Schein Inc., proposed sale 21,035 shares at $69.93 during a trade that took place back on Sep 06 ’24, which means that McGlynn Lorelei is holding shares at $1,470,998 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
In conclusion, Henry Schein Inc. (HSIC) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
