Henry Schein Inc (NASDAQ: HSIC) has experienced a decline in its stock price by -2.26 compared to its previous closing price of 74.49. However, the company has seen a fall of -6.25% in its stock price over the last five trading days. zacks.com reported 2024-11-26 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
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 29.82x compared to its average ratio, The 36-month beta value for HSIC is at 0.88. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for HSIC is 123.02M, and currently, shorts hold a 5.05% of that float. The average trading volume for HSIC on December 05, 2024 was 1.68M shares.
HSIC’s Market Performance
HSIC stock saw an increase of -6.25% in the past week, with a monthly gain of 5.54% and a quarterly increase of 5.81%. The volatility ratio for the week is 1.84%, and the volatility levels for the last 30 days are 3.04% for Henry Schein Inc (HSIC). The simple moving average for the past 20 days is 0.06% for HSIC’s stock, with a 2.54% simple moving average for the past 200 days.
Analysts’ Opinion of HSIC
Many brokerage firms have already submitted their reports for HSIC stocks, with Mizuho repeating the rating for HSIC by listing it as a “Neutral.” The predicted price for HSIC in the upcoming period, according to Mizuho is $75 based on the research report published on December 04, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see HSIC reach a price target of $92, previously predicting the price at $81. The rating they have provided for HSIC stocks is “Outperform” according to the report published on July 22nd, 2024.
Leerink Partners gave a rating of “Market Perform” to HSIC, setting the target price at $78 in the report published on February 26th of the current year.
HSIC Trading at 1.61% 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 -11.88% of loss for the given period.
Volatility was left at 3.04%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares surge +4.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.39% upper at present.
During the last 5 trading sessions, HSIC fell by -6.14%, which changed the moving average for the period of 200-days by -2.92% in comparison to the 20-day moving average, which settled at $72.77. In addition, Henry Schein Inc saw -3.83% 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 Ettinger Michael S, who sale 12,240 shares at the price of $75.00 back on Nov 18 ’24. After this action, Ettinger Michael S now owns 87,706 shares of Henry Schein Inc, valued at $918,000 using the latest closing price.
Ettinger Michael S, the Officer of Henry Schein Inc, proposed sale 12,240 shares at $75.00 during a trade that took place back on Nov 18 ’24, which means that Ettinger Michael S is holding shares at $918,000 based on the most recent closing price.
Stock Fundamentals for HSIC
Current profitability levels for the company are sitting at:
- 0.04 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 0.07. Equity return is now at value 8.78, with 3.08 for asset returns.
Based on Henry Schein Inc (HSIC), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 4.41.
Currently, EBITDA for the company is 877.0 million with net debt to EBITDA at 3.36. When we switch over and look at the enterprise to sales, we see a ratio of 0.95. The receivables turnover for the company is 7.53for trailing twelve months and the total asset turnover is 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
In conclusion, Henry Schein Inc (HSIC) has had a mixed 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.
